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
22%
56%
22%
My opinion
Bearish under 0.006722 USDT
My targets
0.006356 USDT (-0.66%)
0.005780 USDT (-9.66%)
My analysis
The bearish trend is currently very strong for RESERVE RIGHTS - RSR/USDT. As long as the price remains below the resistance at 0.006722 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.006356 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.005780 USDT as an objective. Crossing it would then enable sellers to target 0.005126 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
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
RESERVE RIGHTS - RSR/USDT rating 0.006398 USDT. The price is lower by -5.79% since the last closing with the lowest point at 0.006323 USDT and the highest point at 0.006872 USDT. The deviation from the price is +1.19% for the low point and -6.90% for the high point.0.006323
0.006872
0.006398
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
Technical analysis of RESERVE RIGHTS - RSR/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 4 are neutral and 10 are bearish. 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
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.005126 | 0.006356 | 0.006398 | 0.007247 | 0.007929 | 0.008532 |
| Change (%) | -19.88% | -0.66% | - | +13.27% | +23.93% | +33.35% |
| Change | -0.001272 | -0.000042 | - | +0.000849 | +0.001531 | +0.002134 |
| 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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.18 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -20.741881 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.006412 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006556 | |
| Elder Ray (13): | -0.000104 | |
| Super Trend (3,10): | 0.006634 | |
| Zig ZAG (10): | 0.006406 | |
| VORTEX (21): | 0.8049 | |
| Stochastique (14,3,5): | 12.30 | |
| TEMA (21): | 0.006379 | |
| Williams %R (14): | -83.06 | |
| Chande Momentum Oscillator (20): | -0.000220 | |
| Repulse (5,40,3): | -0.4641 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2039 | |
| Courbe Coppock: | 8.61 |
| MA7: | 0.007528 | |
| MA20: | 0.008218 | |
| MA50: | 0.006890 | |
| MA100: | 0.006849 | |
| MAexp7: | 0.006430 | |
| MAexp20: | 0.006557 | |
| MAexp50: | 0.006773 | |
| MAexp100: | 0.007159 | |
| Price / MA7: | -15.01% | |
| Price / MA20: | -22.15% | |
| Price / MA50: | -7.14% | |
| Price / MA100: | -6.58% | |
| Price / MAexp7: | -0.50% | |
| Price / MAexp20: | -2.42% | |
| Price / MAexp50: | -5.54% | |
| Price / MAexp100: | -10.63% |
Quotes :
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Real time data
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Cryptocompare
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