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RADWORKS - RAD/USD
RADWORKS - RAD/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: RADUSD
ISIN:

RADWORKS - RAD/USD - 1H - Technical analysis published on 10/26/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.31 USD
My targets
1.39 USD (+1.46%)
1.47 USD (+7.30%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RADWORKS - RAD/USD as long as the price remains well above 1.31 USD. The buyers' bullish objective is set at 1.39 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.47 USD. If there is any crossing, the next objective would be the resistance located at 1.54 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5

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.

Londinia
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Daily Weekly

Additional analysis

Quotes

The RADWORKS - RAD/USD price is 1.37 USD. The price registered an increase of +15.13% on the session and was traded between 1.17 USD and 1.40 USD over the period. The price is currently at +17.09% from its lowest and -2.14% from its highest.

1.17
1.40
1.37

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on RADWORKS - RAD/USD were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of this 1H chart of RADWORKS - RAD/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.11 1.20 1.31 1.37 1.47 1.54 1.67
Change (%) -18.98% -12.41% -4.38% - +7.30% +12.41% +21.90%
Change -0.26 -0.17 -0.06 - +0.10 +0.17 +0.30
Level Major Major Intermediate - Intermediate Minor Minor



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
Standard1.001.081.141.221.281.361.42
Camarilla1.151.161.181.191.201.221.23
Woodie0.981.081.121.221.261.361.40
Fibonacci1.081.141.171.221.281.311.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.880.971.051.141.221.311.39
Camarilla1.081.101.111.131.151.161.18
Woodie0.880.971.051.141.221.311.39
Fibonacci0.971.041.081.141.211.251.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.570.760.951.141.331.521.71
Camarilla1.031.061.101.131.171.201.24
Woodie0.560.760.941.141.321.521.70
Fibonacci0.760.911.001.141.291.381.52

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 60.97
MACD (12,26,9): -0.0100
Directional Movement: 13.50
AROON (14): 14.29
DEMA (21): 1.21
Parabolic SAR (0,02-0,02-0,2): 1.17
Elder Ray (13): 0.06
Super Trend (3,10): 1.18
Zig ZAG (10): 1.28
VORTEX (21): 1.0600
Stochastique (14,3,5): 68.05
TEMA (21): 1.23
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.08
Repulse (5,40,3): 8.3000
ROCnROLL: 1
TRIX (15,9): -0.1900
Courbe Coppock: 0.44
MA7: 1.22
MA20: 1.14
MA50: 1.12
MA100: 1.11
MAexp7: 1.23
MAexp20: 1.22
MAexp50: 1.25
MAexp100: 1.25
Price / MA7: +12.30%
Price / MA20: +20.18%
Price / MA50: +22.32%
Price / MA100: +23.42%
Price / MAexp7: +11.38%
Price / MAexp20: +12.30%
Price / MAexp50: +9.60%
Price / MAexp100: +9.60%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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