REQUEST NETWORK - REQ/USD

- USD (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	REQUSD
ISIN:

REQUEST NETWORK - REQ/USD - 1H - Technical analysis published on 12/10/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

44%

33%

22%

My opinion

Bearish under 0.118658 USD

My targets

0.112469 USD (-4.09%)

0.109043 USD (-7.01%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on REQUEST NETWORK - REQ/USD as long as the price remains well below 0.118658 USD. The sellers' bearish objective is set at 0.112469 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.109043 USD. In case of crossing, the next objective would be the support located at 0.093003 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.7

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 0.117268 USD. On the day, this instrument lost -0.53% with the lowest point at 0.112657 USD and the highest point at 0.120642 USD. The deviation from the price is +4.09% for the low point and -2.80% for the high point.

0.112657

0.120642

0.117268

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of REQUEST NETWORK - REQ/USD in 1H shows a overall strongly bearish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Doji

Type : Neutral

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.082529	0.093003	0.109043	0.117268	0.118658	0.122300	0.129603
Change (%)	-29.62%	-20.69%	-7.01%	-	+1.19%	+4.29%	+10.52%
Change	-0.034739	-0.024265	-0.008225	-	+0.001390	+0.005032	+0.012335
Level	Intermediate	Intermediate	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	0.067109	0.088348	0.103121	0.124360	0.139133	0.160372	0.175145
Camarilla	0.107990	0.111291	0.114592	0.117893	0.121194	0.124495	0.127796
Woodie	0.063875	0.086732	0.099887	0.122744	0.135899	0.158756	0.171911
Fibonacci	0.088348	0.102105	0.110604	0.124360	0.138117	0.146616	0.160372

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.094983	0.108042	0.125372	0.138431	0.155761	0.168820	0.186150
Camarilla	0.134346	0.137132	0.139917	0.142703	0.145489	0.148274	0.151060
Woodie	0.097120	0.109110	0.127509	0.139499	0.157898	0.169888	0.188287
Fibonacci	0.108042	0.119650	0.126822	0.138431	0.150039	0.157211	0.168820

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.049892	0.066106	0.096255	0.112469	0.142618	0.158832	0.188981
Camarilla	0.113653	0.117903	0.122153	0.126403	0.130653	0.134903	0.139153
Woodie	0.056859	0.069590	0.103222	0.115953	0.149585	0.162316	0.195948
Fibonacci	0.066106	0.083817	0.094759	0.112469	0.130180	0.141122	0.158832

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):	33.78
MACD (12,26,9):	-0.0033
Directional Movement:	-29.118518
AROON (14):	50.000000
DEMA (21):	0.115393
Parabolic SAR (0,02-0,02-0,2):	0.114069
Elder Ray (13):	-0.002460
Super Trend (3,10):	0.122702
Zig ZAG (10):	0.116157
VORTEX (21):	0.7932
Stochastique (14,3,5):	46.52
TEMA (21):	0.115786
Williams %R (14):	-56.17
Chande Momentum Oscillator (20):	0.001516
Repulse (5,40,3):	-0.6131
ROCnROLL:	2
TRIX (15,9):	-0.4569
Courbe Coppock:	0.80

MA7:	0.136663
MA20:	0.125668
MA50:	0.107848
MA100:	0.104148
MAexp7:	0.117787
MAexp20:	0.120233
MAexp50:	0.126978
MAexp100:	0.132361
Price / MA7:	-14.19%
Price / MA20:	-6.68%
Price / MA50:	+8.73%
Price / MA100:	+12.60%
Price / MAexp7:	-0.44%
Price / MAexp20:	-2.47%
Price / MAexp50:	-7.65%
Price / MAexp100:	-11.40%

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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