RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/12/2022 (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%
50%
33%
My opinion
Bearish under 0.006722 USDT
My targets
0.006356 USDT (-3.93%)
0.005780 USDT (-12.64%)
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 0.006722 USDT. The next support located at 0.006356 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 0.005780 USDT. Below this support, sellers could then target 0.005126 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
7.1
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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 0.006616 USDT. The price registered a decrease of -2.58% on the session and was between 0.006579 USDT and 0.006872 USDT. This implies that the price is at +0.56% from its lowest and at -3.73% from its highest.0.006579
0.006872
0.006616
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RESERVE RIGHTS - RSR/USDT:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this RESERVE RIGHTS - RSR/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
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 : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.005126 | 0.006356 | 0.006616 | 0.007247 | 0.007929 | 0.008532 |
| Change (%) | -22.52% | -3.93% | - | +9.54% | +19.85% | +28.96% |
| Change | -0.001490 | -0.000260 | - | +0.000631 | +0.001313 | +0.001916 |
| Level | Major | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005458 | 0.005907 | 0.006349 | 0.006798 | 0.007240 | 0.007689 | 0.008131 |
| Camarilla | 0.006546 | 0.006628 | 0.006709 | 0.006791 | 0.006873 | 0.006954 | 0.007036 |
| Woodie | 0.005455 | 0.005905 | 0.006346 | 0.006796 | 0.007237 | 0.007687 | 0.008128 |
| Fibonacci | 0.005907 | 0.006247 | 0.006458 | 0.006798 | 0.007138 | 0.007349 | 0.007689 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004011 | 0.005780 | 0.006722 | 0.008491 | 0.009433 | 0.011202 | 0.012144 |
| Camarilla | 0.006919 | 0.007167 | 0.007416 | 0.007664 | 0.007913 | 0.008161 | 0.008410 |
| Woodie | 0.003598 | 0.005573 | 0.006309 | 0.008284 | 0.009020 | 0.010995 | 0.011731 |
| Fibonacci | 0.005780 | 0.006816 | 0.007455 | 0.008491 | 0.009527 | 0.010166 | 0.011202 |
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): | 39.49 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -9.809079 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.006679 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006963 | |
| Elder Ray (13): | -0.000101 | |
| Super Trend (3,10): | 0.006955 | |
| Zig ZAG (10): | 0.006614 | |
| VORTEX (21): | 0.9252 | |
| Stochastique (14,3,5): | 31.68 | |
| TEMA (21): | 0.006695 | |
| Williams %R (14): | -88.14 | |
| Chande Momentum Oscillator (20): | -0.000161 | |
| Repulse (5,40,3): | -1.7346 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1139 | |
| Courbe Coppock: | 4.63 |
| MA7: | 0.007560 | |
| MA20: | 0.008229 | |
| MA50: | 0.006894 | |
| MA100: | 0.006851 | |
| MAexp7: | 0.006702 | |
| MAexp20: | 0.006767 | |
| MAexp50: | 0.006950 | |
| MAexp100: | 0.007338 | |
| Price / MA7: | -12.49% | |
| Price / MA20: | -19.60% | |
| Price / MA50: | -4.03% | |
| Price / MA100: | -3.43% | |
| Price / MAexp7: | -1.28% | |
| Price / MAexp20: | -2.23% | |
| Price / MAexp50: | -4.81% | |
| Price / MAexp100: | -9.84% |
Quotes :
-
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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