$ARPA This ARPA/USDT chart analysis shows several important things that can be considered in trading:
1. Trend and Price Movement
The ARPA/USDT price has just experienced a sharp spike, reaching 0.06187, before experiencing a correction back to 0.04866.
The closest support is around 0.04562, while the next resistance is likely around 0.05434.
2. EMA (Exponential Moving Average) Indicator
EMA (5): 0.04781 → The price is still above EMA-5, indicating the potential for an upward trend to continue.
EMA (21): 0.04757 → Close to the current price, indicating a consolidation area.
EMA (34), EMA (55), and EMA (100) → Below the current price, indicating that the medium-term trend is still bullish.
EMA (200): 0.04288 → Becomes strong support in the long-term trend.
EMA Conclusion: The trend is still bullish as long as the price remains above the EMA-34 and EMA-55. If the price falls below the EMA-21, there could be a potential for a deeper correction.
3. MACD (Moving Average Convergence Divergence) Indicator
DIF: 0.00108, DEA: 0.00160, MACD: -0.00052
The MACD histogram shows a weakening of bullish momentum after a price spike.
If the MACD line crosses below the signal line, it could be a bearish signal.
MACD Conclusion: There is currently an indication of a weakening of the uptrend, so be aware of the potential for a reversal.
4. RSI (Relative Strength Index) Indicator
RSI (75): 55.72 → Still in the neutral area (50-60), meaning there is no extreme overbought or oversold.
Previously, the RSI had risen high, indicating that the buying euphoria had decreased after the price spike.
RSI Conclusion: If the RSI falls below 50, it could be a bearish signal. If it remains above 55-60, the uptrend is still ongoing.
5. Historical Performance
Today: +9.47% (still rising)
7 days: +15.64% (short-term uptrend)
30 days: -6.03% (previous decline, now starting to recover)
90 days: +22.33% (trend is more bullish in the medium term)
180 days: +26.20% (trend is still positive)
1 year: -13.50% (bearish in the long term)
Performance Conclusion: The short and medium term are still tending to be bullish, but the long term is still in the recovery phase.
Trading Strategy That Can Be Used
For Short-Term Traders (Scalping/Day Trading)
Entry around 0.045 - 0.047 (near EMA-21 and EMA-34 support).
Profit target 0.053 - 0.055 (next resistance).
Stop-loss below 0.043 (EMA-100 as the last support).
For Swing Traders (Medium Term)
Wait for a pullback to the support area (around 0.045).
If the price remains above EMA-34 and EMA-55, it could be a sign of a stronger bullish trend.
Medium-term target at 0.06 - 0.065, stop-loss below EMA-100.
For Long-Term Traders (Investors)
If the price can stay above EMA-200 (0.04288), this could be an accumulation area for the long term.
Wait for confirmation of a more stable uptrend before entering with large volume.
Final Conclusion
The current trend is still bullish, but momentum is starting to weaken.
Beware of corrections before continuing the increase.
If the price stays above the EMA-21 and EMA-34, there is still a chance for further increase.
MACD and RSI show a possible retracement, so don't be too aggressive buying at high prices.
Use strict risk management, especially with a stop-loss below the EMA-100 or EMA-200.
Note:
There is no trading method that is 100% anti-loss, but with good risk management and proper technical analysis, profit opportunities can be maximized.