RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/04/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.009311 USDT
My targets
0.009960 USDT (+3.85%)
0.010260 USDT (+6.98%)
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 0.009311 USDT. The buyers' bullish objective is set at 0.009960 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.010260 USDT. If there is any crossing, the next objective would be the resistance located at 0.012360 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4
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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 0.009591 USDT. The price has increased by +0.41% since the last closing and was traded between 0.009205 USDT and 0.009789 USDT over the period. The price is currently at +4.19% from its lowest and -2.02% from its highest.0.009205
0.009789
0.009591
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of RESERVE RIGHTS - RSR/USDT indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.008295 | 0.008805 | 0.009311 | 0.009591 | 0.009960 | 0.010260 | 0.012360 |
| Change (%) | -13.51% | -8.20% | -2.92% | - | +3.85% | +6.98% | +28.87% |
| Change | -0.001296 | -0.000786 | -0.000280 | - | +0.000369 | +0.000669 | +0.002769 |
| Level | Major | Minor | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008213 | 0.008764 | 0.009158 | 0.009709 | 0.010103 | 0.010654 | 0.011048 |
| Camarilla | 0.009292 | 0.009379 | 0.009465 | 0.009552 | 0.009639 | 0.009725 | 0.009812 |
| Woodie | 0.008135 | 0.008725 | 0.009080 | 0.009670 | 0.010025 | 0.010615 | 0.010970 |
| Fibonacci | 0.008764 | 0.009125 | 0.009348 | 0.009709 | 0.010070 | 0.010293 | 0.010654 |
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): | 53.43 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.534413 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.009495 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009205 | |
| Elder Ray (13): | 0.000131 | |
| Super Trend (3,10): | 0.009786 | |
| Zig ZAG (10): | 0.009651 | |
| VORTEX (21): | 1.0232 | |
| Stochastique (14,3,5): | 59.82 | |
| TEMA (21): | 0.009468 | |
| Williams %R (14): | -22.60 | |
| Chande Momentum Oscillator (20): | 0.000095 | |
| Repulse (5,40,3): | 1.8297 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0938 | |
| Courbe Coppock: | 0.77 |
| MA7: | 0.009028 | |
| MA20: | 0.007441 | |
| MA50: | 0.006680 | |
| MA100: | 0.006828 | |
| MAexp7: | 0.009532 | |
| MAexp20: | 0.009550 | |
| MAexp50: | 0.009531 | |
| MAexp100: | 0.009271 | |
| Price / MA7: | +6.24% | |
| Price / MA20: | +28.89% | |
| Price / MA50: | +43.58% | |
| Price / MA100: | +40.47% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +0.43% | |
| Price / MAexp50: | +0.63% | |
| Price / MAexp100: | +3.45% |
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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