RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/02/2022 (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 bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 0.008931 USDT
My targets
0.009592 USDT (+1.42%)
0.009960 USDT (+5.32%)
My analysis
RESERVE RIGHTS - RSR/USDT 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 0.008931 USDT. The next resistance located at 0.009592 USDT is the next bullish objective 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 0.009960 USDT. After this resistance, buyers could then target 0.012360 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8
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This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RESERVE RIGHTS - RSR/USDT price is 0.009457 USDT. The price registered a decrease of -1.77% on the session with the lowest point at 0.009456 USDT and the highest point at 0.009941 USDT. The deviation from the price is +0.01% for the low point and -4.87% for the high point.0.009456
0.009941
0.009457
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RESERVE RIGHTS - RSR/USDT:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RESERVE RIGHTS - RSR/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.008407 | 0.008593 | 0.008805 | 0.009457 | 0.009960 | 0.012360 | 0.013980 |
| Change (%) | -11.10% | -9.14% | -6.89% | - | +5.32% | +30.70% | +47.83% |
| Change | -0.001050 | -0.000864 | -0.000652 | - | +0.000503 | +0.002903 | +0.004523 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | 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 | 0.006766 | 0.007416 | 0.008521 | 0.009171 | 0.010276 | 0.010926 | 0.012031 |
| Camarilla | 0.009144 | 0.009305 | 0.009466 | 0.009627 | 0.009788 | 0.009949 | 0.010110 |
| Woodie | 0.006995 | 0.007530 | 0.008750 | 0.009285 | 0.010505 | 0.011040 | 0.012260 |
| Fibonacci | 0.007416 | 0.008086 | 0.008500 | 0.009171 | 0.009841 | 0.010255 | 0.010926 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005566 | 0.006456 | 0.008041 | 0.008931 | 0.010516 | 0.011406 | 0.012991 |
| Camarilla | 0.008946 | 0.009173 | 0.009400 | 0.009627 | 0.009854 | 0.010081 | 0.010308 |
| Woodie | 0.005915 | 0.006630 | 0.008390 | 0.009105 | 0.010865 | 0.011580 | 0.013340 |
| Fibonacci | 0.006456 | 0.007401 | 0.007985 | 0.008931 | 0.009876 | 0.010460 | 0.011406 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002356 | 0.003771 | 0.005974 | 0.007389 | 0.009592 | 0.011007 | 0.013210 |
| Camarilla | 0.007181 | 0.007513 | 0.007844 | 0.008176 | 0.008508 | 0.008839 | 0.009171 |
| Woodie | 0.002749 | 0.003968 | 0.006367 | 0.007586 | 0.009985 | 0.011204 | 0.013603 |
| Fibonacci | 0.003771 | 0.005153 | 0.006007 | 0.007389 | 0.008771 | 0.009625 | 0.011007 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.85 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 29.592899 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.009530 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009169 | |
| Elder Ray (13): | 0.000207 | |
| Super Trend (3,10): | 0.008858 | |
| Zig ZAG (10): | 0.009477 | |
| VORTEX (21): | 1.2225 | |
| Stochastique (14,3,5): | 76.96 | |
| TEMA (21): | 0.009701 | |
| Williams %R (14): | -33.03 | |
| Chande Momentum Oscillator (20): | 0.000777 | |
| Repulse (5,40,3): | -1.7170 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5502 | |
| Courbe Coppock: | 26.22 |
| MA7: | 0.008598 | |
| MA20: | 0.007056 | |
| MA50: | 0.006586 | |
| MA100: | 0.006801 | |
| MAexp7: | 0.009456 | |
| MAexp20: | 0.009102 | |
| MAexp50: | 0.008676 | |
| MAexp100: | 0.008383 | |
| Price / MA7: | +9.99% | |
| Price / MA20: | +34.03% | |
| Price / MA50: | +43.59% | |
| Price / MA100: | +39.05% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +3.90% | |
| Price / MAexp50: | +9.00% | |
| Price / MAexp100: | +12.81% |
Quotes :
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Real time data
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