RESERVE RIGHTS - RSR/USD - 1H - Technical analysis published on 10/26/2024 (GMT)
- 165
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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 bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.006373 USD
My targets
0.005884 USD (-2.19%)
0.005310 USD (-11.74%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RESERVE RIGHTS - RSR/USD as long as the price remains well below 0.006373 USD. The sellers' bearish objective is set at 0.005884 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005310 USD. In case of crossing, the next objective would be the support located at 0.004258 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RESERVE RIGHTS - RSR/USD rating 0.006016 USD. On the day, this instrument lost -0.02% and was traded between 0.005981 USD and 0.006225 USD over the period. The price is currently at +0.59% from its lowest and -3.36% from its highest.0.005981
0.006225
0.006016
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of RESERVE RIGHTS - RSR/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003446 | 0.004258 | 0.005884 | 0.006016 | 0.006381 | 0.006740 | 0.006941 |
| Change (%) | -42.72% | -29.22% | -2.19% | - | +6.07% | +12.03% | +15.38% |
| Change | -0.002570 | -0.001758 | -0.000132 | - | +0.000365 | +0.000724 | +0.000925 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 0.004886 | 0.005408 | 0.005713 | 0.006235 | 0.006540 | 0.007062 | 0.007367 |
| Camarilla | 0.005790 | 0.005865 | 0.005941 | 0.006017 | 0.006093 | 0.006169 | 0.006244 |
| Woodie | 0.004777 | 0.005354 | 0.005604 | 0.006181 | 0.006431 | 0.007008 | 0.007258 |
| Fibonacci | 0.005408 | 0.005724 | 0.005919 | 0.006235 | 0.006551 | 0.006746 | 0.007062 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005310 | 0.005809 | 0.006373 | 0.006872 | 0.007436 | 0.007935 | 0.008499 |
| Camarilla | 0.006644 | 0.006741 | 0.006839 | 0.006936 | 0.007033 | 0.007131 | 0.007228 |
| Woodie | 0.005342 | 0.005825 | 0.006405 | 0.006888 | 0.007468 | 0.007951 | 0.008531 |
| Fibonacci | 0.005809 | 0.006215 | 0.006466 | 0.006872 | 0.007278 | 0.007529 | 0.007935 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001976 | 0.003309 | 0.005022 | 0.006355 | 0.008068 | 0.009401 | 0.011114 |
| Camarilla | 0.005897 | 0.006177 | 0.006456 | 0.006735 | 0.007014 | 0.007293 | 0.007573 |
| Woodie | 0.002166 | 0.003404 | 0.005212 | 0.006450 | 0.008258 | 0.009496 | 0.011304 |
| Fibonacci | 0.003309 | 0.004473 | 0.005191 | 0.006355 | 0.007519 | 0.008237 | 0.009401 |
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): | 35.84 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -25.986500 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.006072 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006013 | |
| Elder Ray (13): | -0.000072 | |
| Super Trend (3,10): | 0.006299 | |
| Zig ZAG (10): | 0.006064 | |
| VORTEX (21): | 0.7286 | |
| Stochastique (14,3,5): | 39.39 | |
| TEMA (21): | 0.006064 | |
| Williams %R (14): | -65.98 | |
| Chande Momentum Oscillator (20): | -0.000020 | |
| Repulse (5,40,3): | -2.0909 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2438 | |
| Courbe Coppock: | 2.50 |
| MA7: | 0.006673 | |
| MA20: | 0.006764 | |
| MA50: | 0.006513 | |
| MA100: | 0.005705 | |
| MAexp7: | 0.006108 | |
| MAexp20: | 0.006203 | |
| MAexp50: | 0.006376 | |
| MAexp100: | 0.006543 | |
| Price / MA7: | -9.85% | |
| Price / MA20: | -11.06% | |
| Price / MA50: | -7.63% | |
| Price / MA100: | +5.45% | |
| Price / MAexp7: | -1.51% | |
| Price / MAexp20: | -3.01% | |
| Price / MAexp50: | -5.65% | |
| Price / MAexp100: | -8.05% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis RESERVE RIGHTS - RSR/USD - 1H