RALLY - RLY/USD - 1H - Technical analysis published on 11/06/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
17%
11%
My opinion
Bullish above 0.018067 USD
My targets
0.019633 USD (+1.73%)
0.021567 USD (+11.74%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RALLY - RLY/USD as long as the price remains well above 0.018067 USD. The buyers' bullish objective is set at 0.019633 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.021567 USD. If there is any crossing, the next objective would be the resistance located at 0.032229 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RALLY - RLY/USD rating is 0.019300 USD. The price registered an increase of +16.97% on the session and was traded between 0.016100 USD and 0.019490 USD over the period. The price is currently at +19.88% from its lowest and -0.97% from its highest.0.016100
0.019490
0.019300
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RALLY - RLY/USD:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of RALLY - RLY/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.016300 | 0.016700 | 0.017600 | 0.019300 | 0.032229 | 0.049700 | 0.144200 |
| Change (%) | -15.54% | -13.47% | -8.81% | - | +66.99% | +157.51% | +647.15% |
| Change | -0.003000 | -0.002600 | -0.001700 | - | +0.012929 | +0.030400 | +0.124900 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013400 | 0.014500 | 0.015500 | 0.016600 | 0.017600 | 0.018700 | 0.019700 |
| Camarilla | 0.015923 | 0.016115 | 0.016308 | 0.016500 | 0.016693 | 0.016885 | 0.017078 |
| Woodie | 0.013350 | 0.014475 | 0.015450 | 0.016575 | 0.017550 | 0.018675 | 0.019650 |
| Fibonacci | 0.014500 | 0.015302 | 0.015798 | 0.016600 | 0.017402 | 0.017898 | 0.018700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011067 | 0.012633 | 0.014567 | 0.016133 | 0.018067 | 0.019633 | 0.021567 |
| Camarilla | 0.015538 | 0.015858 | 0.016179 | 0.016500 | 0.016821 | 0.017142 | 0.017463 |
| Woodie | 0.011250 | 0.012725 | 0.014750 | 0.016225 | 0.018250 | 0.019725 | 0.021750 |
| Fibonacci | 0.012633 | 0.013970 | 0.014796 | 0.016133 | 0.017470 | 0.018296 | 0.019633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004733 | 0.004633 | 0.009567 | 0.018933 | 0.023867 | 0.033233 | 0.038167 |
| Camarilla | 0.010568 | 0.011878 | 0.013189 | 0.014500 | 0.015811 | 0.017122 | 0.018433 |
| Woodie | -0.006950 | 0.003525 | 0.007350 | 0.017825 | 0.021650 | 0.032125 | 0.035950 |
| Fibonacci | 0.004633 | 0.010096 | 0.013471 | 0.018933 | 0.024396 | 0.027771 | 0.033233 |
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): | 63.16 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 33.803382 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.016717 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016138 | |
| Elder Ray (13): | 0.000445 | |
| Super Trend (3,10): | 0.015612 | |
| Zig ZAG (10): | 0.016800 | |
| VORTEX (21): | 1.0619 | |
| Stochastique (14,3,5): | 38.16 | |
| TEMA (21): | 0.016741 | |
| Williams %R (14): | -63.16 | |
| Chande Momentum Oscillator (20): | 0.000200 | |
| Repulse (5,40,3): | -2.6058 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0946 | |
| Courbe Coppock: | 4.13 |
| MA7: | 0.015543 | |
| MA20: | 0.015515 | |
| MA50: | 0.018710 | |
| MA100: | 0.027184 | |
| MAexp7: | 0.016693 | |
| MAexp20: | 0.016541 | |
| MAexp50: | 0.016268 | |
| MAexp100: | 0.015887 | |
| Price / MA7: | +24.17% | |
| Price / MA20: | +24.40% | |
| Price / MA50: | +3.15% | |
| Price / MA100: | -29.00% | |
| Price / MAexp7: | +15.62% | |
| Price / MAexp20: | +16.68% | |
| Price / MAexp50: | +18.64% | |
| Price / MAexp100: | +21.48% |
Quotes :
-
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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