REQUEST NETWORK - REQ/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	REQUSD
ISIN:

REQUEST NETWORK - REQ/USD - 1H - Technical analysis published on 04/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.137136 USD

My targets

0.151032 USD (+5.76%)

0.155042 USD (+8.56%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on REQUEST NETWORK - REQ/USD as long as the price remains well above 0.137136 USD. The buyers' bullish objective is set at 0.151032 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.155042 USD. If there is any crossing, the next objective would be the resistance located at 0.170193 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The REQUEST NETWORK - REQ/USD price is 0.142812 USD. On the day, this instrument gained +6.42% and was between 0.132203 USD and 0.143881 USD. This implies that the price is at +8.02% from its lowest and at -0.74% from its highest.

0.132203

0.143881

0.142812

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in 1H of this REQUEST NETWORK - REQ/USD chart shows a bullish trend. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.126158	0.129870	0.137136	0.142812	0.143292	0.151032	0.155042
Change (%)	-11.66%	-9.06%	-3.97%	-	+0.34%	+5.76%	+8.56%
Change	-0.016654	-0.012942	-0.005676	-	+0.000480	+0.008220	+0.012230
Level	Minor	Intermediate	Major	-	Minor	Minor	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
Standard	0.118332	0.125499	0.129846	0.137013	0.141360	0.148527	0.152874
Camarilla	0.131027	0.132082	0.133138	0.134193	0.135249	0.136304	0.137359
Woodie	0.116922	0.124794	0.128436	0.136308	0.139950	0.147822	0.151464
Fibonacci	0.125499	0.129897	0.132615	0.137013	0.141411	0.144129	0.148527

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.096353	0.105078	0.119537	0.128262	0.142721	0.151446	0.165905
Camarilla	0.127620	0.129746	0.131871	0.133996	0.136121	0.138246	0.140372
Woodie	0.099220	0.106512	0.122404	0.129696	0.145588	0.152880	0.168772
Fibonacci	0.105078	0.113934	0.119406	0.128262	0.137118	0.142590	0.151446

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.009919	0.053645	0.108672	0.172236	0.227263	0.290827	0.345854
Camarilla	0.131088	0.141958	0.152829	0.163700	0.174571	0.185442	0.196313
Woodie	-0.014187	0.051511	0.104405	0.170102	0.222996	0.288693	0.341587
Fibonacci	0.053645	0.098946	0.126934	0.172236	0.217537	0.245525	0.290827

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):	70.13
MACD (12,26,9):	0.0012
Directional Movement:	25.696304
AROON (14):	57.142857
DEMA (21):	0.138286
Parabolic SAR (0,02-0,02-0,2):	0.133945
Elder Ray (13):	0.005020
Super Trend (3,10):	0.136915
Zig ZAG (10):	0.142812
VORTEX (21):	1.2299
Stochastique (14,3,5):	92.59
TEMA (21):	0.139974
Williams %R (14):	-9.15
Chande Momentum Oscillator (20):	0.008377
Repulse (5,40,3):	2.5592
ROCnROLL:	1
TRIX (15,9):	-0.0123
Courbe Coppock:	7.34

MA7:	0.135910
MA20:	0.140932
MA50:	0.145961
MA100:	0.123268
MAexp7:	0.139804
MAexp20:	0.137288
MAexp50:	0.136801
MAexp100:	0.135841
Price / MA7:	+5.08%
Price / MA20:	+1.33%
Price / MA50:	-2.16%
Price / MA100:	+15.85%
Price / MAexp7:	+2.15%
Price / MAexp20:	+4.02%
Price / MAexp50:	+4.39%
Price / MAexp100:	+5.13%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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