RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 02/21/2023 (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:
Slightly bullish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.005677 USDT
My targets
0.005086 USDT (-6.04%)
0.004743 USDT (-12.38%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for RESERVE RIGHTS - RSR/USDT as long as the price remains well below 0.005677 USDT. The next bearish objective for sellers is set at 0.005086 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.004743 USDT. In case of crossing, the next objective would be the support located at 0.004304 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 0.005086 USDT. With this support, against the trend traders who want to buy RESERVE RIGHTS - RSR/USDT on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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Additional analysis
Quotes
RESERVE RIGHTS - RSR/USDT rating 0.005413 USDT. On the day, this instrument lost -5.28% and was between 0.005315 USDT and 0.005737 USDT. This implies that the price is at +1.84% from its lowest and at -5.65% from its highest.0.005315
0.005737
0.005413
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RESERVE RIGHTS - RSR/USDT:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RESERVE RIGHTS - RSR/USDT in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.004304 | 0.004743 | 0.005086 | 0.005413 | 0.005677 | 0.007457 | 0.008500 |
| Change (%) | -20.49% | -12.38% | -6.04% | - | +4.88% | +37.76% | +57.03% |
| Change | -0.001109 | -0.000670 | -0.000327 | - | +0.000264 | +0.002044 | +0.003087 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004513 | 0.004800 | 0.005257 | 0.005544 | 0.006001 | 0.006288 | 0.006745 |
| Camarilla | 0.005510 | 0.005579 | 0.005647 | 0.005715 | 0.005783 | 0.005851 | 0.005920 |
| Woodie | 0.004599 | 0.004843 | 0.005343 | 0.005587 | 0.006087 | 0.006331 | 0.006831 |
| Fibonacci | 0.004800 | 0.005084 | 0.005260 | 0.005544 | 0.005828 | 0.006004 | 0.006288 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002225 | 0.002977 | 0.004144 | 0.004896 | 0.006063 | 0.006815 | 0.007982 |
| Camarilla | 0.004784 | 0.004960 | 0.005136 | 0.005312 | 0.005488 | 0.005664 | 0.005840 |
| Woodie | 0.002434 | 0.003081 | 0.004353 | 0.005000 | 0.006272 | 0.006919 | 0.008191 |
| Fibonacci | 0.002977 | 0.003710 | 0.004163 | 0.004896 | 0.005629 | 0.006082 | 0.006815 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001242 | 0.002074 | 0.003153 | 0.003985 | 0.005064 | 0.005896 | 0.006975 |
| Camarilla | 0.003708 | 0.003883 | 0.004058 | 0.004233 | 0.004408 | 0.004583 | 0.004759 |
| Woodie | 0.001367 | 0.002136 | 0.003278 | 0.004047 | 0.005189 | 0.005958 | 0.007100 |
| Fibonacci | 0.002074 | 0.002804 | 0.003255 | 0.003985 | 0.004715 | 0.005166 | 0.005896 |
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): | 42.90 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -13.978496 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.005463 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005522 | |
| Elder Ray (13): | -0.000082 | |
| Super Trend (3,10): | 0.005640 | |
| Zig ZAG (10): | 0.005433 | |
| VORTEX (21): | 0.7805 | |
| Stochastique (14,3,5): | 17.13 | |
| TEMA (21): | 0.005380 | |
| Williams %R (14): | -69.85 | |
| Chande Momentum Oscillator (20): | -0.000192 | |
| Repulse (5,40,3): | 0.3610 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0460 | |
| Courbe Coppock: | 9.40 |
| MA7: | 0.005060 | |
| MA20: | 0.004484 | |
| MA50: | 0.004096 | |
| MA100: | 0.003895 | |
| MAexp7: | 0.005426 | |
| MAexp20: | 0.005509 | |
| MAexp50: | 0.005486 | |
| MAexp100: | 0.005301 | |
| Price / MA7: | +6.98% | |
| Price / MA20: | +20.72% | |
| Price / MA50: | +32.15% | |
| Price / MA100: | +38.97% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -1.74% | |
| Price / MAexp50: | -1.33% | |
| Price / MAexp100: | +2.11% |
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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