RAVENCOIN - RVN/USD - 1H - Technical analysis published on 07/18/2024 (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:
Neutral
Underlying:
Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 0.019518 USD
My targets
0.020473 USD (+2.06%)
0.022117 USD (+10.26%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.019518 USD remains possible. It is advisable to trade RAVENCOIN - RVN/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.019518 USD. The next bullish objective for buyers is set at 0.020473 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.022117 USD. If there is any crossing, the next objective would be the resistance located at 0.028318 USD. PS: if there is a bearish break in the support located at 0.019518 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.9
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Additional analysis
Quotes
RAVENCOIN - RVN/USD rating 0.020059 USD. On the day, this instrument gained +2.20% and was between 0.018097 USD and 0.020578 USD. This implies that the price is at +10.84% from its lowest and at -2.52% from its highest.0.018097
0.020578
0.020059
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 RAVENCOIN - RVN/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of RAVENCOIN - RVN/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.019030 | 0.019518 | 0.020029 | 0.020059 | 0.020473 | 0.028318 | 0.033885 |
| Change (%) | -5.13% | -2.70% | -0.15% | - | +2.06% | +41.17% | +68.93% |
| Change | -0.001029 | -0.000541 | -0.000030 | - | +0.000414 | +0.008259 | +0.013826 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015360 | 0.016551 | 0.018090 | 0.019281 | 0.020820 | 0.022011 | 0.023550 |
| Camarilla | 0.018877 | 0.019128 | 0.019378 | 0.019628 | 0.019878 | 0.020129 | 0.020379 |
| Woodie | 0.015533 | 0.016638 | 0.018263 | 0.019368 | 0.020993 | 0.022098 | 0.023723 |
| Fibonacci | 0.016551 | 0.017594 | 0.018239 | 0.019281 | 0.020324 | 0.020969 | 0.022011 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013054 | 0.014210 | 0.016075 | 0.017231 | 0.019096 | 0.020252 | 0.022117 |
| Camarilla | 0.017108 | 0.017385 | 0.017662 | 0.017939 | 0.018216 | 0.018493 | 0.018770 |
| Woodie | 0.013408 | 0.014387 | 0.016429 | 0.017408 | 0.019450 | 0.020429 | 0.022471 |
| Fibonacci | 0.014210 | 0.015364 | 0.016077 | 0.017231 | 0.018385 | 0.019098 | 0.020252 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003200 | 0.010403 | 0.015142 | 0.022345 | 0.027084 | 0.034287 | 0.039026 |
| Camarilla | 0.016597 | 0.017692 | 0.018786 | 0.019881 | 0.020976 | 0.022070 | 0.023165 |
| Woodie | 0.001968 | 0.009787 | 0.013910 | 0.021729 | 0.025852 | 0.033671 | 0.037794 |
| Fibonacci | 0.010403 | 0.014965 | 0.017783 | 0.022345 | 0.026907 | 0.029725 | 0.034287 |
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): | 46.56 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -27.309050 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.020104 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.018467 | |
| Elder Ray (13): | -0.000326 | |
| Super Trend (3,10): | 0.019403 | |
| Zig ZAG (10): | 0.019908 | |
| VORTEX (21): | 0.9470 | |
| Stochastique (14,3,5): | 71.56 | |
| TEMA (21): | 0.020026 | |
| Williams %R (14): | -24.18 | |
| Chande Momentum Oscillator (20): | 0.000014 | |
| Repulse (5,40,3): | 1.3713 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0437 | |
| Courbe Coppock: | 0.32 |
| MA7: | 0.018949 | |
| MA20: | 0.018329 | |
| MA50: | 0.021586 | |
| MA100: | 0.026195 | |
| MAexp7: | 0.020016 | |
| MAexp20: | 0.020037 | |
| MAexp50: | 0.019857 | |
| MAexp100: | 0.019400 | |
| Price / MA7: | +5.86% | |
| Price / MA20: | +9.44% | |
| Price / MA50: | -7.07% | |
| Price / MA100: | -23.42% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.11% | |
| Price / MAexp50: | +1.02% | |
| Price / MAexp100: | +3.40% |
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.
About author
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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…
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