Londinia Opportunities Analyses - 12/31/2024 (GMT) PERPETUAL PROTOCOL - PERP/USDT - 1H

PERPETUAL PROTOCOL - PERP/USDT
- USDT (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: PERPUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 0.789168 USDT
My targets
0.766003 USDT (-2.08%)
0.693047 USDT (-11.41%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PERPETUAL PROTOCOL - PERP/USDT as long as the price remains well below 0.789168 USDT. The next bearish objective for sellers is set at 0.766003 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.693047 USDT. If there is any crossing, the next objective would be the support located at 0.556522 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The PERPETUAL PROTOCOL - PERP/USDT price is 0.782270 USDT. The price registered a decrease of -1.73% on the session and was traded between 0.768209 USDT and 0.811805 USDT over the period. The price is currently at +1.83% from its lowest and -3.64% from its highest.

0.768209
0.811805
0.782270

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this 1H chart of PERPETUAL PROTOCOL - PERP/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish doji star

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.556522 0.693047 0.766003 0.782270 0.789168 0.826839 0.852520
Change (%) -28.86% -11.41% -2.08% - +0.88% +5.70% +8.98%
Change -0.225748 -0.089223 -0.016267 - +0.006898 +0.044569 +0.070250
Level Major Major Intermediate - Intermediate Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7059800.7360050.7660300.7960550.8260800.8561050.886130
Camarilla0.7795400.7850450.7905490.7960540.8015590.8070630.812568
Woodie0.7059790.7360050.7660290.7960550.8260790.8561050.886129
Fibonacci0.7360050.7589440.7731160.7960550.8189940.8331660.856105


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6287590.6972700.7640260.8325370.8992930.9678041.034560
Camarilla0.7935830.8059820.8183820.8307810.8431810.8555800.867979
Woodie0.6278810.6968310.7631480.8320980.8984150.9673651.033682
Fibonacci0.6972700.7489420.7808650.8325370.8842090.9161320.967804


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4000270.5219960.7486020.8705711.0971771.2191461.445752
Camarilla0.8793490.9113020.9432540.9752071.0071601.0391121.071065
Woodie0.4523450.5481550.8009200.8967301.1494951.2453051.498070
Fibonacci0.5219960.6551520.7374160.8705711.0037271.0859911.219146

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 43.03
MACD (12,26,9): -0.0021
Directional Movement: -4.288755
AROON (14): -64.285714
DEMA (21): 0.786744
Parabolic SAR (0,02-0,02-0,2): 0.811219
Elder Ray (13): -0.007305
Super Trend (3,10): 0.800112
Zig ZAG (10): 0.781199
VORTEX (21): 0.9414
Stochastique (14,3,5): 13.55
TEMA (21): 0.787657
Williams %R (14): -98.32
Chande Momentum Oscillator (20): -0.006677
Repulse (5,40,3): -0.8453
ROCnROLL: 2
TRIX (15,9): -0.0216
Courbe Coppock: 0.79
MA7: 0.803163
MA20: 0.883045
MA50: 0.895631
MA100: 0.765846
MAexp7: 0.786802
MAexp20: 0.789483
MAexp50: 0.794669
MAexp100: 0.800691
Price / MA7: -2.60%
Price / MA20: -11.41%
Price / MA50: -12.66%
Price / MA100: +2.14%
Price / MAexp7: -0.58%
Price / MAexp20: -0.91%
Price / MAexp50: -1.56%
Price / MAexp100: -2.30%

Quotes : - Real time data - Cryptocompare