Londinia Opportunities Analyses - 09/15/2024 (GMT) RESERVE RIGHTS - RSR/USDT - 1H

RESERVE RIGHTS - RSR/USDT
- USDT (-)
- Real time data - CoinMarketCap
Type: Cryptocurrencies
Ticker: RSRUSDT
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.005744 USDT
My targets
0.006563 USDT (+9.58%)
0.007018 USDT (+17.18%)
My analysis
RESERVE RIGHTS - RSR/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.005744 USDT. The next resistance located at 0.006563 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.007018 USDT. After this resistance, buyers could then target 0.009659 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The RESERVE RIGHTS - RSR/USDT price is 0.005989 USDT. The price is lower by -1.95% since the last closing and was between 0.005956 USDT and 0.006285 USDT. This implies that the price is at +0.55% from its lowest and at -4.71% from its highest.

0.005956
0.006285
0.005989

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:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this RESERVE RIGHTS - RSR/USDT chart shows a strongly 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.

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

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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


S3S2S1PriceR1R2R3
ProTrendLines 0.005406 0.005744 0.005965 0.005989 0.009659 0.011613 0.012482
Change (%) -9.73% -4.09% -0.40% - +61.28% +93.91% +108.42%
Change -0.000583 -0.000245 -0.000024 - +0.003670 +0.005624 +0.006493
Level Intermediate Major Intermediate - Intermediate Minor Major



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
Standard0.0054240.0055610.0058350.0059720.0062460.0063830.006657
Camarilla0.0059950.0060330.0060700.0061080.0061460.0061830.006221
Woodie0.0054920.0055950.0059030.0060060.0063140.0064170.006725
Fibonacci0.0055610.0057180.0058150.0059720.0061290.0062260.006383


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0038370.0042920.0052000.0056550.0065630.0070180.007926
Camarilla0.0057330.0058580.0059830.0061080.0062330.0063580.006483
Woodie0.0040640.0044050.0054270.0057680.0067900.0071310.008153
Fibonacci0.0042920.0048130.0051340.0056550.0061760.0064970.007018


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0004830.0013040.0032630.0050500.0070090.0087960.010755
Camarilla0.0041920.0045350.0048790.0052220.0055650.0059090.006252
Woodie-0.0003970.0013470.0033490.0050930.0070950.0088390.010841
Fibonacci0.0013040.0027350.0036190.0050500.0064810.0073650.008796

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): 71.49
MACD (12,26,9): 0.0001
Directional Movement: 31.725923
AROON (14): 78.571429
DEMA (21): 0.005787
Parabolic SAR (0,02-0,02-0,2): 0.005652
Elder Ray (13): 0.000175
Super Trend (3,10): 0.005662
Zig ZAG (10): 0.005919
VORTEX (21): 1.2224
Stochastique (14,3,5): 87.30
TEMA (21): 0.005873
Williams %R (14): -7.99
Chande Momentum Oscillator (20): 0.000456
Repulse (5,40,3): 1.5802
ROCnROLL: 1
TRIX (15,9): 0.1304
Courbe Coppock: 13.04
MA7: 0.005455
MA20: 0.005384
MA50: 0.004892
MA100: 0.005261
MAexp7: 0.005826
MAexp20: 0.005677
MAexp50: 0.005585
MAexp100: 0.005501
Price / MA7: +9.79%
Price / MA20: +11.24%
Price / MA50: +22.42%
Price / MA100: +13.84%
Price / MAexp7: +2.80%
Price / MAexp20: +5.50%
Price / MAexp50: +7.23%
Price / MAexp100: +8.87%

Quotes : - Real time data - Cryptocompare