IEXEC - RLC/USD - 1H - Technical analysis published on 02/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 2.94 USD
My targets
3.40 USD (+1.80%)
3.72 USD (+11.29%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on IEXEC - RLC/USD. As long as you are above the support located at 2.94 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 3.40 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 3.72 USD as an objective. Crossing it would then enable buyers to target 5.29 USD. If the support 2.94 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
IEXEC - RLC/USD rating 3.34 USD. The price has increased by +10.96% since the last closing and was between 2.99 USD and 3.73 USD. This implies that the price is at +11.71% from its lowest and at -10.46% from its highest.2.99
3.73
3.34
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this IEXEC - RLC/USD chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 2.49 | 2.67 | 2.87 | 3.34 | 3.40 | 5.29 |
| Change (%) | -25.45% | -20.06% | -14.07% | - | +1.80% | +58.38% |
| Change | -0.85 | -0.67 | -0.47 | - | +0.06 | +1.95 |
| Level | Major | Minor | Major | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.09 | 2.32 | 2.66 | 2.89 | 3.23 | 3.46 | 3.80 |
| Camarilla | 2.85 | 2.91 | 2.96 | 3.01 | 3.06 | 3.12 | 3.17 |
| Woodie | 2.16 | 2.35 | 2.73 | 2.92 | 3.30 | 3.49 | 3.87 |
| Fibonacci | 2.32 | 2.53 | 2.67 | 2.89 | 3.10 | 3.24 | 3.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.44 | 1.80 | 2.40 | 2.76 | 3.36 | 3.72 | 4.32 |
| Camarilla | 2.75 | 2.83 | 2.92 | 3.01 | 3.10 | 3.19 | 3.27 |
| Woodie | 1.57 | 1.86 | 2.53 | 2.82 | 3.49 | 3.78 | 4.45 |
| Fibonacci | 1.80 | 2.16 | 2.39 | 2.76 | 3.12 | 3.35 | 3.72 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.08 | 0.58 | 1.43 | 2.09 | 2.94 | 3.60 | 4.45 |
| Camarilla | 1.87 | 2.00 | 2.14 | 2.28 | 2.42 | 2.56 | 2.70 |
| Woodie | 0.02 | 0.63 | 1.53 | 2.14 | 3.04 | 3.65 | 4.55 |
| Fibonacci | 0.58 | 1.16 | 1.51 | 2.09 | 2.67 | 3.02 | 3.60 |
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): | 54.98 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 16.28 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 3.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.31 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 3.06 | |
| Zig ZAG (10): | 3.38 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 47.22 | |
| TEMA (21): | 3.52 | |
| Williams %R (14): | -58.33 | |
| Chande Momentum Oscillator (20): | -0.20 | |
| Repulse (5,40,3): | -0.3700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7800 | |
| Courbe Coppock: | 10.36 |
| MA7: | 2.61 | |
| MA20: | 2.39 | |
| MA50: | 2.01 | |
| MA100: | 1.78 | |
| MAexp7: | 3.43 | |
| MAexp20: | 3.35 | |
| MAexp50: | 3.09 | |
| MAexp100: | 2.84 | |
| Price / MA7: | +27.97% | |
| Price / MA20: | +39.75% | |
| Price / MA50: | +66.17% | |
| Price / MA100: | +87.64% | |
| Price / MAexp7: | -2.62% | |
| Price / MAexp20: | -0.30% | |
| Price / MAexp50: | +8.09% | |
| Price / MAexp100: | +17.61% |
Quotes :
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Real time data
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