RESERVE RIGHTS - RSR/USDT
RESERVE RIGHTS - RSR/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: RSRUSDT
ISIN:

RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/08/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.008295 USDT
My targets
0.007843 USDT (-1.15%)
0.006456 USDT (-18.63%)
My analysis
RESERVE RIGHTS - RSR/USDT 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 0.008295 USDT. The next support located at 0.007843 USDT 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 0.006456 USDT. Below this support, sellers could then target 0.005673 USDT. 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.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The RESERVE RIGHTS - RSR/USDT rating is 0.007934 USDT. The price is lower by -7.42% since the last closing and was between 0.007911 USDT and 0.008602 USDT. This implies that the price is at +0.29% from its lowest and at -7.77% from its highest.

0.007911
0.008602
0.007934

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

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:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in 1H of this RESERVE RIGHTS - RSR/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.004115 0.005673 0.007843 0.007934 0.008295 0.009058 0.009408
Change (%) -48.13% -28.50% -1.15% - +4.55% +14.17% +18.58%
Change -0.003819 -0.002261 -0.000091 - +0.000361 +0.001124 +0.001474
Level Minor Intermediate Intermediate - Major Intermediate 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
Standard0.0074430.0079540.0082620.0087730.0090810.0095920.009900
Camarilla0.0083450.0084200.0084950.0085700.0086450.0087200.008795
Woodie0.0073420.0079030.0081610.0087220.0089800.0095410.009799
Fibonacci0.0079540.0082670.0084600.0087730.0090860.0092790.009592


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0055660.0064560.0080410.0089310.0105160.0114060.012991
Camarilla0.0089460.0091730.0094000.0096270.0098540.0100810.010308
Woodie0.0059150.0066300.0083900.0091050.0108650.0115800.013340
Fibonacci0.0064560.0074010.0079850.0089310.0098760.0104600.011406


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0023560.0037710.0059740.0073890.0095920.0110070.013210
Camarilla0.0071810.0075130.0078440.0081760.0085080.0088390.009171
Woodie0.0027490.0039680.0063670.0075860.0099850.0112040.013603
Fibonacci0.0037710.0051530.0060070.0073890.0087710.0096250.011007

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 22.34
MACD (12,26,9): -0.0002
Directional Movement: -37.071030
AROON (14): -78.571429
DEMA (21): 0.007977
Parabolic SAR (0,02-0,02-0,2): 0.008302
Elder Ray (13): -0.000183
Super Trend (3,10): 0.008215
Zig ZAG (10): 0.007968
VORTEX (21): 0.6507
Stochastique (14,3,5): 4.84
TEMA (21): 0.007921
Williams %R (14): -94.97
Chande Momentum Oscillator (20): -0.000495
Repulse (5,40,3): -0.8970
ROCnROLL: 2
TRIX (15,9): -0.3515
Courbe Coppock: 10.70
MA7: 0.009012
MA20: 0.008010
MA50: 0.006832
MA100: 0.006862
MAexp7: 0.008053
MAexp20: 0.008256
MAexp50: 0.008582
MAexp100: 0.008813
Price / MA7: -11.96%
Price / MA20: -0.95%
Price / MA50: +16.13%
Price / MA100: +15.62%
Price / MAexp7: -1.48%
Price / MAexp20: -3.90%
Price / MAexp50: -7.55%
Price / MAexp100: -9.97%

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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