RED TOKEN - RED/USDT - 15 min. - Technical analysis published on 02/11/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.001527 USDT
My targets
0.001868 USDT (+7.22%)
0.002159 USDT (+23.94%)
My analysis
The basic bullish trend is very strong on RED TOKEN - RED/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.001527 USDT. Crossing the first resistance at 0.001868 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.002159 USDT as an objective. Crossing it would then enable buyers to target 0.002427 USDT. Caution, a return to below 0.001527 USDT would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
6.8
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This analysis was given by Consciousconnection.
Additional analysis
Quotes
The RED TOKEN - RED/USDT price is 0.001742 USDT. The price has increased by +47.25% since the last closing and was traded between 0.001099 USDT and 0.001842 USDT over the period. The price is currently at +58.51% from its lowest and -5.43% from its highest.0.001099
0.001842
0.001742
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of RED TOKEN - RED/USDT 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 scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.001126 | 0.001382 | 0.001710 | 0.001742 | 0.002159 | 0.002427 | 0.002915 |
| Change (%) | -35.36% | -20.67% | -1.84% | - | +23.94% | +39.32% | +67.34% |
| Change | -0.000616 | -0.000360 | -0.000032 | - | +0.000417 | +0.000685 | +0.001173 |
| Level | Minor | Intermediate | Major | - | Minor | 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 | 0.000906 | 0.001042 | 0.001113 | 0.001249 | 0.001320 | 0.001456 | 0.001527 |
| Camarilla | 0.001126 | 0.001145 | 0.001164 | 0.001183 | 0.001202 | 0.001221 | 0.001240 |
| Woodie | 0.000873 | 0.001026 | 0.001080 | 0.001233 | 0.001287 | 0.001440 | 0.001494 |
| Fibonacci | 0.001042 | 0.001121 | 0.001170 | 0.001249 | 0.001328 | 0.001377 | 0.001456 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001524 | -0.000461 | 0.000413 | 0.001476 | 0.002350 | 0.003413 | 0.004287 |
| Camarilla | 0.000754 | 0.000932 | 0.001109 | 0.001287 | 0.001465 | 0.001642 | 0.001820 |
| Woodie | -0.001619 | -0.000508 | 0.000319 | 0.001429 | 0.002256 | 0.003366 | 0.004193 |
| Fibonacci | -0.000461 | 0.000279 | 0.000736 | 0.001476 | 0.002216 | 0.002673 | 0.003413 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000439 | -0.000124 | 0.000330 | 0.000645 | 0.001099 | 0.001414 | 0.001868 |
| Camarilla | 0.000572 | 0.000642 | 0.000713 | 0.000783 | 0.000854 | 0.000924 | 0.000995 |
| Woodie | -0.000371 | -0.000089 | 0.000399 | 0.000680 | 0.001168 | 0.001449 | 0.001937 |
| Fibonacci | -0.000124 | 0.000170 | 0.000352 | 0.000645 | 0.000939 | 0.001121 | 0.001414 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.94 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 20.867145 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.001652 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001749 | |
| Elder Ray (13): | -0.000002 | |
| Super Trend (3,10): | 0.001482 | |
| Zig ZAG (10): | 0.001593 | |
| VORTEX (21): | 1.0215 | |
| Stochastique (14,3,5): | 43.07 | |
| TEMA (21): | 0.001637 | |
| Williams %R (14): | -48.18 | |
| Chande Momentum Oscillator (20): | 0.000038 | |
| Repulse (5,40,3): | 0.4390 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7322 | |
| Courbe Coppock: | 1.22 |
| MA7: | 0.001515 | |
| MA20: | 0.001000 | |
| MA50: | 0.000875 | |
| MA100: | 0.001275 | |
| MAexp7: | 0.001606 | |
| MAexp20: | 0.001569 | |
| MAexp50: | 0.001449 | |
| MAexp100: | 0.001374 | |
| Price / MA7: | +14.98% | |
| Price / MA20: | +74.20% | |
| Price / MA50: | +99.09% | |
| Price / MA100: | +36.63% | |
| Price / MAexp7: | +8.47% | |
| Price / MAexp20: | +11.03% | |
| Price / MAexp50: | +20.22% | |
| Price / MAexp100: | +26.78% |
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.
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