RALLY - RLY/USD - 1H - Technical analysis published on 04/07/2023 (GMT)
- 171
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 0.011405 USD
My targets
0.012063 USD (+0.86%)
0.012605 USD (+5.39%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on RALLY - RLY/USD as long as the price remains well above 0.011405 USD. The buyers' bullish objective is set at 0.012063 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.012605 USD. If there is any crossing, the next objective would be the resistance located at 0.013460 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.1
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 RALLY - RLY/USD rating is 0.011960 USD. On the day, this instrument lost -0.08% and was between 0.009764 USD and 0.012680 USD. This implies that the price is at +22.49% from its lowest and at -5.68% from its highest.0.009764
0.012680
0.011960
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this RALLY - RLY/USD chart shows a slightly bullish trend. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.009100 | 0.010486 | 0.011405 | 0.011960 | 0.012063 | 0.012605 | 0.013460 |
| Change (%) | -23.91% | -12.32% | -4.64% | - | +0.86% | +5.39% | +12.54% |
| Change | -0.002860 | -0.001474 | -0.000555 | - | +0.000103 | +0.000645 | +0.001500 |
| Level | Intermediate | Minor | Major | - | Major | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006190 | 0.007590 | 0.009780 | 0.011180 | 0.013370 | 0.014770 | 0.016960 |
| Camarilla | 0.010983 | 0.011312 | 0.011641 | 0.011970 | 0.012299 | 0.012628 | 0.012957 |
| Woodie | 0.006585 | 0.007788 | 0.010175 | 0.011378 | 0.013765 | 0.014968 | 0.017355 |
| Fibonacci | 0.007590 | 0.008961 | 0.009809 | 0.011180 | 0.012551 | 0.013399 | 0.014770 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007543 | 0.009477 | 0.010833 | 0.012767 | 0.014123 | 0.016057 | 0.017413 |
| Camarilla | 0.011285 | 0.011587 | 0.011888 | 0.012190 | 0.012492 | 0.012793 | 0.013095 |
| Woodie | 0.007255 | 0.009333 | 0.010545 | 0.012623 | 0.013835 | 0.015913 | 0.017125 |
| Fibonacci | 0.009477 | 0.010733 | 0.011510 | 0.012767 | 0.014023 | 0.014800 | 0.016057 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.023817 | -0.006203 | 0.003433 | 0.021047 | 0.030683 | 0.048297 | 0.057933 |
| Camarilla | 0.005576 | 0.008074 | 0.010572 | 0.013070 | 0.015568 | 0.018066 | 0.020564 |
| Woodie | -0.027805 | -0.008198 | -0.000555 | 0.019053 | 0.026695 | 0.046303 | 0.053945 |
| Fibonacci | -0.006203 | 0.004206 | 0.010637 | 0.021047 | 0.031456 | 0.037887 | 0.048297 |
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): | 54.41 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | -2.854388 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.011952 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.010887 | |
| Elder Ray (13): | 0.000177 | |
| Super Trend (3,10): | 0.009736 | |
| Zig ZAG (10): | 0.012170 | |
| VORTEX (21): | 1.0804 | |
| Stochastique (14,3,5): | 72.58 | |
| TEMA (21): | 0.012174 | |
| Williams %R (14): | -27.98 | |
| Chande Momentum Oscillator (20): | 0.001050 | |
| Repulse (5,40,3): | 4.2473 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1382 | |
| Courbe Coppock: | 20.40 |
| MA7: | 0.012204 | |
| MA20: | 0.013516 | |
| MA50: | 0.014973 | |
| MA100: | 0.012766 | |
| MAexp7: | 0.012033 | |
| MAexp20: | 0.011796 | |
| MAexp50: | 0.011766 | |
| MAexp100: | 0.011943 | |
| Price / MA7: | -2.00% | |
| Price / MA20: | -11.51% | |
| Price / MA50: | -20.12% | |
| Price / MA100: | -6.31% | |
| Price / MAexp7: | -0.61% | |
| Price / MAexp20: | +1.39% | |
| Price / MAexp50: | +1.65% | |
| Price / MAexp100: | +0.14% |
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 RALLY - RLY/USD - 1H