IEXEC - RLC/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	RLCUSD
ISIN:

IEXEC - RLC/USD - 1H - Technical analysis published on 09/03/2024 (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

83%

17%

My opinion

Bullish above 1.48 USD

My targets

1.55 USD (+2.65%)

1.68 USD (+11.26%)

My analysis

IEXEC - RLC/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.48 USD. The next resistance located at 1.55 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.68 USD. After this resistance, buyers could then target 1.78 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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

IEXEC - RLC/USD rating 1.51 USD. On the day, this instrument gained +4.86% with the lowest point at 1.42 USD and the highest point at 1.52 USD. The deviation from the price is +6.34% for the low point and -0.66% for the high point.

1.42

1.52

1.51

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

Technical

Technical analysis of IEXEC - RLC/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

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	1.27	1.43	1.48	1.51	1.55	1.68	1.78
Change (%)	-15.89%	-5.30%	-1.99%	-	+2.65%	+11.26%	+17.88%
Change	-0.24	-0.08	-0.03	-	+0.04	+0.17	+0.27
Level	Intermediate	Minor	Intermediate	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.36	1.39	1.42	1.45	1.48	1.51	1.54
Camarilla	1.42	1.43	1.44	1.44	1.45	1.45	1.46
Woodie	1.35	1.39	1.41	1.45	1.47	1.51	1.53
Fibonacci	1.39	1.42	1.43	1.45	1.48	1.49	1.51

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.98	1.20	1.35	1.57	1.72	1.94	2.09
Camarilla	1.39	1.42	1.46	1.49	1.52	1.56	1.59
Woodie	0.94	1.18	1.31	1.55	1.68	1.92	2.05
Fibonacci	1.20	1.35	1.43	1.57	1.72	1.80	1.94

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.36	0.73	1.11	1.48	1.86	2.23	2.61
Camarilla	1.28	1.35	1.42	1.49	1.56	1.63	1.70
Woodie	0.37	0.73	1.12	1.48	1.87	2.23	2.62
Fibonacci	0.73	1.02	1.19	1.48	1.77	1.94	2.23

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):	63.70
MACD (12,26,9):	0.0100
Directional Movement:	11.62
AROON (14):	78.57
DEMA (21):	1.50
Parabolic SAR (0,02-0,02-0,2):	1.47
Elder Ray (13):	0.02
Super Trend (3,10):	1.46
Zig ZAG (10):	1.51
VORTEX (21):	1.1800
Stochastique (14,3,5):	85.46
TEMA (21):	1.51
Williams %R (14):	-20.00
Chande Momentum Oscillator (20):	0.03
Repulse (5,40,3):	0.7600
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	6.28

MA7:	1.51
MA20:	1.55
MA50:	1.63
MA100:	2.03
MAexp7:	1.50
MAexp20:	1.49
MAexp50:	1.48
MAexp100:	1.50
Price / MA7:	-0%
Price / MA20:	-2.58%
Price / MA50:	-7.36%
Price / MA100:	-25.62%
Price / MAexp7:	+0.67%
Price / MAexp20:	+1.34%
Price / MAexp50:	+2.03%
Price / MAexp100:	+0.67%

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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