Londinia Opportunities Analyses - 05/07/2024 (GMT) REQUEST NETWORK - REQ/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | REQUSDT |
| 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.127377 USDT
My targets
0.121898 USDT (-2.33%)
0.118170 USDT (-5.31%)
My analysis
REQUEST NETWORK - REQ/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.127377 USDT. The next support located at 0.121898 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.118170 USDT. Below this support, sellers could then target 0.111212 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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.
Additional analysis
Quotes
The REQUEST NETWORK - REQ/USDT price is 0.124800 USDT. The price registered a decrease of -0.64% on the session and was between 0.124401 USDT and 0.128199 USDT. This implies that the price is at +0.32% from its lowest and at -2.65% from its highest.0.124401
0.128199
0.124800
Here is a more detailed summary of the historical variations registered by REQUEST NETWORK - REQ/USDT:
Technical
Technical analysis of REQUEST NETWORK - REQ/USDT in 1H shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.111212 | 0.118170 | 0.121898 | 0.124800 | 0.124901 | 0.127377 | 0.133346 |
| Change (%) | -10.89% | -5.31% | -2.33% | - | +0.08% | +2.06% | +6.85% |
| Change | -0.013588 | -0.006630 | -0.002902 | - | +0.000101 | +0.002577 | +0.008546 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Intermediate |
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 | 0.116436 | 0.120668 | 0.123133 | 0.127365 | 0.129830 | 0.134062 | 0.136527 |
| Camarilla | 0.123755 | 0.124369 | 0.124983 | 0.125597 | 0.126211 | 0.126825 | 0.127439 |
| Woodie | 0.115552 | 0.120226 | 0.122249 | 0.126923 | 0.128946 | 0.133620 | 0.135643 |
| Fibonacci | 0.120668 | 0.123227 | 0.124807 | 0.127365 | 0.129924 | 0.131504 | 0.134062 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086159 | 0.098685 | 0.115143 | 0.127669 | 0.144127 | 0.156653 | 0.173111 |
| Camarilla | 0.123629 | 0.126286 | 0.128943 | 0.131600 | 0.134257 | 0.136914 | 0.139571 |
| Woodie | 0.088124 | 0.099668 | 0.117108 | 0.128652 | 0.146092 | 0.157636 | 0.175076 |
| Fibonacci | 0.098685 | 0.109757 | 0.116597 | 0.127669 | 0.138741 | 0.145581 | 0.156653 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.026089 | 0.067383 | 0.093839 | 0.135133 | 0.161589 | 0.202883 | 0.229339 |
| Camarilla | 0.101664 | 0.107874 | 0.114085 | 0.120295 | 0.126505 | 0.132716 | 0.138926 |
| Woodie | 0.018670 | 0.063674 | 0.086420 | 0.131424 | 0.154170 | 0.199174 | 0.221920 |
| Fibonacci | 0.067383 | 0.093264 | 0.109253 | 0.135133 | 0.161014 | 0.177003 | 0.202883 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.84 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -8.252281 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.126180 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.128053 | |
| Elder Ray (13): | -0.001361 | |
| Super Trend (3,10): | 0.129375 | |
| Zig ZAG (10): | 0.124700 | |
| VORTEX (21): | 0.9528 | |
| Stochastique (14,3,5): | 28.53 | |
| TEMA (21): | 0.126169 | |
| Williams %R (14): | -94.79 | |
| Chande Momentum Oscillator (20): | -0.003598 | |
| Repulse (5,40,3): | -1.1861 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0119 | |
| Courbe Coppock: | 0.08 |
| MA7: | 0.124829 | |
| MA20: | 0.129967 | |
| MA50: | 0.142059 | |
| MA100: | 0.128315 | |
| MAexp7: | 0.126083 | |
| MAexp20: | 0.126491 | |
| MAexp50: | 0.126877 | |
| MAexp100: | 0.126796 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | -3.98% | |
| Price / MA50: | -12.15% | |
| Price / MA100: | -2.74% | |
| Price / MAexp7: | -1.02% | |
| Price / MAexp20: | -1.34% | |
| Price / MAexp50: | -1.64% | |
| Price / MAexp100: | -1.57% |
Quotes :
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Real time data
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Cryptocompare