RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/13/2022 (GMT)
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- Timeframe : 1H
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- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 0.006613 USDT
My targets
0.006349 USDT (-1.03%)
0.005780 USDT (-9.90%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.006613 USDT remains possible. It is advisable to trade RESERVE RIGHTS - RSR/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.006613 USDT. The next bearish objective for sellers is set at 0.006349 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005780 USDT. In case of crossing, the next objective would be the support located at 0.005126 USDT. PS: if there is a bullish break in the resistance located at 0.006613 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.2
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Additional analysis
Quotes
The RESERVE RIGHTS - RSR/USDT rating is 0.006415 USDT. The price registered a decrease of -0.80% on the session and was traded between 0.005916 USDT and 0.006687 USDT over the period. The price is currently at +8.43% from its lowest and -4.07% from its highest.0.005916
0.006687
0.006415
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
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 an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Three white soldiers
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.005126 | 0.006349 | 0.006415 | 0.006613 | 0.007247 | 0.007929 |
| Change (%) | -20.09% | -1.03% | - | +3.09% | +12.97% | +23.60% |
| Change | -0.001289 | -0.000066 | - | +0.000198 | +0.000832 | +0.001514 |
| Level | Major | Intermediate | - | Minor | Intermediate | Minor |
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 | 0.005687 | 0.006005 | 0.006236 | 0.006554 | 0.006785 | 0.007103 | 0.007334 |
| Camarilla | 0.006316 | 0.006366 | 0.006417 | 0.006467 | 0.006517 | 0.006568 | 0.006618 |
| Woodie | 0.005644 | 0.005983 | 0.006193 | 0.006532 | 0.006742 | 0.007081 | 0.007291 |
| Fibonacci | 0.006005 | 0.006215 | 0.006344 | 0.006554 | 0.006764 | 0.006893 | 0.007103 |
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): | 47.52 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -12.360298 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.006230 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006451 | |
| Elder Ray (13): | 0.000048 | |
| Super Trend (3,10): | 0.006554 | |
| Zig ZAG (10): | 0.006370 | |
| VORTEX (21): | 0.9786 | |
| Stochastique (14,3,5): | 49.94 | |
| TEMA (21): | 0.006225 | |
| Williams %R (14): | -38.00 | |
| Chande Momentum Oscillator (20): | -0.000035 | |
| Repulse (5,40,3): | 4.0758 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2107 | |
| Courbe Coppock: | 7.31 |
| MA7: | 0.007136 | |
| MA20: | 0.008152 | |
| MA50: | 0.006896 | |
| MA100: | 0.006844 | |
| MAexp7: | 0.006275 | |
| MAexp20: | 0.006357 | |
| MAexp50: | 0.006556 | |
| MAexp100: | 0.006918 | |
| Price / MA7: | -10.10% | |
| Price / MA20: | -21.31% | |
| Price / MA50: | -6.98% | |
| Price / MA100: | -6.27% | |
| Price / MAexp7: | +2.23% | |
| Price / MAexp20: | +0.91% | |
| Price / MAexp50: | -2.15% | |
| Price / MAexp100: | -7.27% |
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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