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
Analysis too old. There are no more charts available.
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
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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 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.
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:
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:
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
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007443 | 0.007954 | 0.008262 | 0.008773 | 0.009081 | 0.009592 | 0.009900 |
| Camarilla | 0.008345 | 0.008420 | 0.008495 | 0.008570 | 0.008645 | 0.008720 | 0.008795 |
| Woodie | 0.007342 | 0.007903 | 0.008161 | 0.008722 | 0.008980 | 0.009541 | 0.009799 |
| Fibonacci | 0.007954 | 0.008267 | 0.008460 | 0.008773 | 0.009086 | 0.009279 | 0.009592 |
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 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 :
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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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