ROOK - ROOK/USD

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Type:	Cryptocurrencies
Ticker:	ROOKUSD
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ROOK - ROOK/USD - Daily - Technical analysis published on 06/08/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 54.60 USD

My targets

64.31 USD (+9.93%)

68.15 USD (+16.50%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on KEEPERDAO - ROOK/USD as long as the price remains well above 54.60 USD. The buyers' bullish objective is set at 64.31 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 68.15 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.8

Comment on the analysis

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 KEEPERDAO - ROOK/USD rating is 58.50 USD. On the day, this instrument gained +7.32% and was between 54.51 USD and 58.50 USD. This implies that the price is at +7.32% from its lowest and at 0% from its highest.

54.51

58.50

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of KEEPERDAO - ROOK/USD indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	18.03	50.00	54.60	58.50	59.01	68.15
Change (%)	-69.18%	-14.53%	-6.67%	-	+0.87%	+16.50%
Change	-40.47	-8.50	-3.90	-	+0.51	+9.65
Level	Intermediate	Minor	Major	-	Minor	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	49.44	51.98	53.24	55.78	57.04	59.58	60.84
Camarilla	53.47	53.81	54.16	54.51	54.86	55.21	55.56
Woodie	48.81	51.66	52.61	55.46	56.41	59.26	60.21
Fibonacci	51.98	53.43	54.33	55.78	57.23	58.13	59.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	48.75	51.63	53.24	56.12	57.73	60.61	62.22
Camarilla	53.62	54.03	54.44	54.85	55.26	55.67	56.09
Woodie	48.12	51.31	52.61	55.80	57.10	60.29	61.59
Fibonacci	51.63	53.35	54.41	56.12	57.84	58.90	60.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.01	42.75	48.66	58.40	64.31	74.05	79.96
Camarilla	50.26	51.69	53.13	54.56	56.00	57.43	58.86
Woodie	31.09	41.79	46.74	57.44	62.39	73.09	78.04
Fibonacci	42.75	48.73	52.43	58.40	64.38	68.08	74.05

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):	53.63
MACD (12,26,9):	0.1300
Directional Movement:	9.73
AROON (14):	0
DEMA (21):	57.04
Parabolic SAR (0,02-0,02-0,2):	61.26
Elder Ray (13):	-0.04
Super Trend (3,10):	49.85
Zig ZAG (10):	58.50
VORTEX (21):	0.9000
Stochastique (14,3,5):	63.23
TEMA (21):	55.32
Williams %R (14):	-14.54
Chande Momentum Oscillator (20):	3.99
Repulse (5,40,3):	5.7200
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	4.76

MA7:	56.24
MA20:	56.68
MA50:	56.22
MA100:	41.11
MAexp7:	56.48
MAexp20:	56.61
MAexp50:	53.16
MAexp100:	44.95
Price / MA7:	+4.02%
Price / MA20:	+3.21%
Price / MA50:	+4.06%
Price / MA100:	+42.30%
Price / MAexp7:	+3.58%
Price / MAexp20:	+3.34%
Price / MAexp50:	+10.05%
Price / MAexp100:	+30.14%

Quotes : - Real time data - Cryptocompare

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

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