IEXEC RLC - RLC/USD - 1H - Technical analysis published on 12/18/2024 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 2.46 USD
My targets
2.18 USD (-3.96%)
2.10 USD (-7.49%)
My analysis
IEXEC - RLC/USD 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 2.46 USD. The next support located at 2.18 USD 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 2.10 USD. Below this support, sellers could then target 2.03 USD. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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Additional analysis
Quotes
The IEXEC - RLC/USD rating is 2.27 USD. On the day, this instrument lost -0.44% and was traded between 2.22 USD and 2.31 USD over the period. The price is currently at +2.25% from its lowest and -1.73% from its highest.2.22
2.31
2.27
A study of price movements over other periods shows the following variations:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of IEXEC - RLC/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
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
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.03 | 2.10 | 2.18 | 2.27 | 2.27 | 2.46 | 2.58 |
| Change (%) | -10.57% | -7.49% | -3.96% | 0% | - | +8.37% | +13.66% |
| Change | -0.24 | -0.17 | -0.09 | 0 | - | +0.19 | +0.31 |
| Level | Minor | Major | Minor | Major | - | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.01 | 2.13 | 2.21 | 2.33 | 2.41 | 2.53 | 2.61 |
| Camarilla | 2.23 | 2.24 | 2.26 | 2.28 | 2.30 | 2.32 | 2.34 |
| Woodie | 1.98 | 2.12 | 2.18 | 2.32 | 2.38 | 2.52 | 2.58 |
| Fibonacci | 2.13 | 2.21 | 2.26 | 2.33 | 2.41 | 2.46 | 2.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.36 | 1.73 | 2.12 | 2.49 | 2.88 | 3.25 | 3.64 |
| Camarilla | 2.30 | 2.37 | 2.44 | 2.51 | 2.58 | 2.65 | 2.72 |
| Woodie | 1.37 | 1.74 | 2.13 | 2.50 | 2.89 | 3.26 | 3.65 |
| Fibonacci | 1.73 | 2.02 | 2.20 | 2.49 | 2.78 | 2.96 | 3.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.61 | 1.00 | 1.71 | 2.10 | 2.81 | 3.20 | 3.91 |
| Camarilla | 2.12 | 2.22 | 2.32 | 2.42 | 2.52 | 2.62 | 2.72 |
| Woodie | 0.77 | 1.08 | 1.87 | 2.18 | 2.97 | 3.28 | 4.07 |
| Fibonacci | 1.00 | 1.42 | 1.68 | 2.10 | 2.52 | 2.78 | 3.20 |
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): | 34.69 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -18.50 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 2.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.36 | |
| Elder Ray (13): | -0.07 | |
| Super Trend (3,10): | 2.36 | |
| Zig ZAG (10): | 2.24 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 5.77 | |
| TEMA (21): | 2.24 | |
| Williams %R (14): | -88.24 | |
| Chande Momentum Oscillator (20): | -0.15 | |
| Repulse (5,40,3): | -1.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2300 | |
| Courbe Coppock: | 10.43 |
| MA7: | 2.46 | |
| MA20: | 2.53 | |
| MA50: | 2.07 | |
| MA100: | 1.81 | |
| MAexp7: | 2.27 | |
| MAexp20: | 2.32 | |
| MAexp50: | 2.39 | |
| MAexp100: | 2.44 | |
| Price / MA7: | -7.72% | |
| Price / MA20: | -10.28% | |
| Price / MA50: | +9.66% | |
| Price / MA100: | +25.41% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -2.16% | |
| Price / MAexp50: | -5.02% | |
| Price / MAexp100: | -6.97% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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