RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.006665 USDT
My targets
0.007414 USDT (+10.20%)
0.007556 USDT (+12.31%)
My analysis
The bullish trend is currently very strong on RESERVE RIGHTS - RSR/USDT. As long as the price remains above the support at 0.006665 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.007414 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.007556 USDT as an objective. Crossing it would then enable buyers to target 0.007929 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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Additional analysis
Quotes
The RESERVE RIGHTS - RSR/USDT rating is 0.006728 USDT. On the day, this instrument gained +8.53% with the lowest point at 0.006113 USDT and the highest point at 0.006938 USDT. The deviation from the price is +10.06% for the low point and -3.03% for the high point.0.006113
0.006938
0.006728
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of RESERVE RIGHTS - RSR/USDT in 1H shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
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 | 0.005126 | 0.005916 | 0.006351 | 0.006728 | 0.007556 | 0.007929 | 0.008543 |
| Change (%) | -23.81% | -12.07% | -5.60% | - | +12.31% | +17.85% | +26.98% |
| Change | -0.001602 | -0.000812 | -0.000377 | - | +0.000828 | +0.001201 | +0.001815 |
| Level | Major | Intermediate | Major | - | 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 | 0.005811 | 0.005962 | 0.006080 | 0.006231 | 0.006349 | 0.006500 | 0.006618 |
| Camarilla | 0.006125 | 0.006150 | 0.006174 | 0.006199 | 0.006224 | 0.006248 | 0.006273 |
| Woodie | 0.005796 | 0.005954 | 0.006065 | 0.006223 | 0.006334 | 0.006492 | 0.006603 |
| Fibonacci | 0.005962 | 0.006064 | 0.006128 | 0.006231 | 0.006333 | 0.006397 | 0.006500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003378 | 0.004647 | 0.005396 | 0.006665 | 0.007414 | 0.008683 | 0.009432 |
| Camarilla | 0.005590 | 0.005775 | 0.005960 | 0.006145 | 0.006330 | 0.006515 | 0.006700 |
| Woodie | 0.003118 | 0.004517 | 0.005136 | 0.006535 | 0.007154 | 0.008553 | 0.009172 |
| Fibonacci | 0.004647 | 0.005418 | 0.005894 | 0.006665 | 0.007436 | 0.007912 | 0.008683 |
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): | 70.03 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 31.002826 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.006497 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006302 | |
| Elder Ray (13): | 0.000245 | |
| Super Trend (3,10): | 0.006499 | |
| Zig ZAG (10): | 0.006685 | |
| VORTEX (21): | 1.2487 | |
| Stochastique (14,3,5): | 80.17 | |
| TEMA (21): | 0.006592 | |
| Williams %R (14): | -32.57 | |
| Chande Momentum Oscillator (20): | 0.000462 | |
| Repulse (5,40,3): | 2.3737 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1111 | |
| Courbe Coppock: | 10.68 |
| MA7: | 0.006408 | |
| MA20: | 0.007800 | |
| MA50: | 0.006933 | |
| MA100: | 0.006809 | |
| MAexp7: | 0.006555 | |
| MAexp20: | 0.006384 | |
| MAexp50: | 0.006308 | |
| MAexp100: | 0.006377 | |
| Price / MA7: | +4.99% | |
| Price / MA20: | -13.74% | |
| Price / MA50: | -2.96% | |
| Price / MA100: | -1.19% | |
| Price / MAexp7: | +2.64% | |
| Price / MAexp20: | +5.39% | |
| Price / MAexp50: | +6.66% | |
| Price / MAexp100: | +5.50% |
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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