RESERVE RIGHTS - RSR/USD - 1H - Technical analysis published on 11/01/2024 (GMT)
- 123
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
33%
22%
My opinion
Bearish under 0.006182 USD
My targets
0.006091 USD (-0.67%)
0.005902 USD (-3.75%)
My analysis
RESERVE RIGHTS - RSR/USD 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 0.006182 USD. The next support located at 0.006091 USD 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 0.005902 USD. Below this support, sellers could then target 0.005355 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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
The RESERVE RIGHTS - RSR/USD price is 0.006132 USD. The price is lower by -0.21% since the last closing and was between 0.006061 USD and 0.006174 USD. This implies that the price is at +1.17% from its lowest and at -0.68% from its highest.0.006061
0.006174
0.006132
Here is a more detailed summary of the historical variations registered by RESERVE RIGHTS - RSR/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of RESERVE RIGHTS - RSR/USD indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.005355 | 0.005902 | 0.006091 | 0.006132 | 0.006182 | 0.006499 | 0.006742 |
| Change (%) | -12.67% | -3.75% | -0.67% | - | +0.82% | +5.98% | +9.95% |
| Change | -0.000777 | -0.000230 | -0.000041 | - | +0.000050 | +0.000367 | +0.000610 |
| Level | Minor | Major | Major | - | Minor | Major | 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 | 0.005613 | 0.005879 | 0.006012 | 0.006278 | 0.006411 | 0.006677 | 0.006810 |
| Camarilla | 0.006035 | 0.006072 | 0.006108 | 0.006145 | 0.006182 | 0.006218 | 0.006255 |
| Woodie | 0.005547 | 0.005846 | 0.005946 | 0.006245 | 0.006345 | 0.006644 | 0.006744 |
| Fibonacci | 0.005879 | 0.006031 | 0.006126 | 0.006278 | 0.006430 | 0.006525 | 0.006677 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004047 | 0.004972 | 0.005504 | 0.006429 | 0.006961 | 0.007886 | 0.008418 |
| Camarilla | 0.005635 | 0.005769 | 0.005902 | 0.006036 | 0.006170 | 0.006303 | 0.006437 |
| Woodie | 0.003851 | 0.004874 | 0.005308 | 0.006331 | 0.006765 | 0.007788 | 0.008222 |
| Fibonacci | 0.004972 | 0.005529 | 0.005872 | 0.006429 | 0.006986 | 0.007329 | 0.007886 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004000 | 0.004948 | 0.005547 | 0.006495 | 0.007094 | 0.008042 | 0.008641 |
| Camarilla | 0.005720 | 0.005861 | 0.006003 | 0.006145 | 0.006287 | 0.006429 | 0.006570 |
| Woodie | 0.003825 | 0.004861 | 0.005372 | 0.006408 | 0.006919 | 0.007955 | 0.008466 |
| Fibonacci | 0.004948 | 0.005539 | 0.005904 | 0.006495 | 0.007086 | 0.007451 | 0.008042 |
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): | 33.51 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -21.364718 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.006084 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.006070 | |
| Elder Ray (13): | -0.000015 | |
| Super Trend (3,10): | 0.006144 | |
| Zig ZAG (10): | 0.006132 | |
| VORTEX (21): | 0.7677 | |
| Stochastique (14,3,5): | 59.28 | |
| TEMA (21): | 0.006081 | |
| Williams %R (14): | -37.17 | |
| Chande Momentum Oscillator (20): | -0.000017 | |
| Repulse (5,40,3): | 0.0104 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1912 | |
| Courbe Coppock: | 2.81 |
| MA7: | 0.006263 | |
| MA20: | 0.006653 | |
| MA50: | 0.006625 | |
| MA100: | 0.005749 | |
| MAexp7: | 0.006131 | |
| MAexp20: | 0.006180 | |
| MAexp50: | 0.006290 | |
| MAexp100: | 0.006339 | |
| Price / MA7: | -2.09% | |
| Price / MA20: | -7.83% | |
| Price / MA50: | -7.44% | |
| Price / MA100: | +6.66% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.78% | |
| Price / MAexp50: | -2.51% | |
| Price / MAexp100: | -3.27% |
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