RESERVE RIGHTS - RSR/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	RSRUSDT
ISIN:

RESERVE RIGHTS - RSR/USDT - Daily - Technical analysis published on 10/02/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.009592 USDT

My targets

0.011007 USDT (+8.23%)

0.012360 USDT (+21.53%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RESERVE RIGHTS - RSR/USDT as long as the price remains well above 0.009592 USDT. The buyers' bullish objective is set at 0.011007 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.012360 USDT. If there is any crossing, the next objective would be the resistance located at 0.013980 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

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 EpicHaxer. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

RESERVE RIGHTS - RSR/USDT rating 0.010170 USDT. The price has increased by +5.64% since the last closing and was between 0.009296 USDT and 0.010510 USDT. This implies that the price is at +9.40% from its lowest and at -3.24% from its highest.

0.009296

0.010510

0.010170

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

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

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of RESERVE RIGHTS - RSR/USDT in Daily shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

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

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

Three white soldiers

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.005118	0.007257	0.009960	0.010170	0.012360	0.013980	0.020680
Change (%)	-49.68%	-28.64%	-2.06%	-	+21.53%	+37.46%	+103.34%
Change	-0.005052	-0.002913	-0.000210	-	+0.002190	+0.003810	+0.010510
Level	Major	Intermediate	Intermediate	-	Minor	Minor	Intermediate

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	74.14
MACD (12,26,9):	0.0008
Directional Movement:	25.290609
AROON (14):	85.714286
DEMA (21):	0.008489
Parabolic SAR (0,02-0,02-0,2):	0.007194
Elder Ray (13):	0.001555
Super Trend (3,10):	0.007128
Zig ZAG (10):	0.009865
VORTEX (21):	1.1970
Stochastique (14,3,5):	92.51
TEMA (21):	0.009200
Williams %R (14):	-1.13
Chande Momentum Oscillator (20):	0.004619
Repulse (5,40,3):	20.1124
ROCnROLL:	1
TRIX (15,9):	1.0479
Courbe Coppock:	108.86

MA7:	0.008713
MA20:	0.007073
MA50:	0.006593
MA100:	0.006804
MAexp7:	0.008853
MAexp20:	0.007609
MAexp50:	0.006992
MAexp100:	0.007222
Price / MA7:	+16.72%
Price / MA20:	+43.79%
Price / MA50:	+54.25%
Price / MA100:	+49.47%
Price / MAexp7:	+14.88%
Price / MAexp20:	+33.66%
Price / MAexp50:	+45.45%
Price / MAexp100:	+40.82%

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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