RESERVE RIGHTS - RSR/USDT

- USDT (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	RSRUSDT
ISIN:

RESERVE RIGHTS - RSR/USDT - Daily - Technical analysis published on 10/14/2022 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 0.007389 USDT

My targets

0.005974 USDT (-7.77%)

0.005126 USDT (-20.86%)

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 0.007389 USDT. The next support located at 0.005974 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 0.005126 USDT.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

4.8

Comment on the analysis

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:

Additional analysis

Quotes

The RESERVE RIGHTS - RSR/USDT price is 0.006477 USDT. The price registered an increase of +0.62% on the session and was between 0.006363 USDT and 0.006686 USDT. This implies that the price is at +1.79% from its lowest and at -3.13% from its highest.

0.006363

0.006686

0.006477

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in Daily of this RESERVE RIGHTS - RSR/USDT chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, 10 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

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.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.005126	0.006477	0.008543	0.012360	0.013980
Change (%)	-20.86%	-	+31.90%	+90.83%	+115.84%
Change	-0.001351	-	+0.002066	+0.005883	+0.007503
Level	Major	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.005235	0.005576	0.006006	0.006347	0.006777	0.007118	0.007548
Camarilla	0.006225	0.006296	0.006366	0.006437	0.006508	0.006578	0.006649
Woodie	0.005281	0.005598	0.006052	0.006369	0.006823	0.007140	0.007594
Fibonacci	0.005576	0.005870	0.006052	0.006347	0.006641	0.006823	0.007118

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):	39.83
MACD (12,26,9):	-0.0001
Directional Movement:	-10.459361
AROON (14):	-71.428572
DEMA (21):	0.007492
Parabolic SAR (0,02-0,02-0,2):	0.008554
Elder Ray (13):	-0.000833
Super Trend (3,10):	0.008691
Zig ZAG (10):	0.006486
VORTEX (21):	0.9852
Stochastique (14,3,5):	9.55
TEMA (21):	0.007073
Williams %R (14):	-87.02
Chande Momentum Oscillator (20):	-0.003223
Repulse (5,40,3):	-7.1592
ROCnROLL:	2
TRIX (15,9):	0.5922
Courbe Coppock:	33.06

MA7:	0.006846
MA20:	0.008078
MA50:	0.006902
MA100:	0.006839
MAexp7:	0.006948
MAexp20:	0.007462
MAexp50:	0.007230
MAexp100:	0.007339
Price / MA7:	-5.39%
Price / MA20:	-19.82%
Price / MA50:	-6.16%
Price / MA100:	-5.29%
Price / MAexp7:	-6.78%
Price / MAexp20:	-13.20%
Price / MAexp50:	-10.41%
Price / MAexp100:	-11.75%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

Online

Overall rating :

15425

Number of analyses :

88080

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…