IEXEC - RLC/USD - 1H - Technical analysis published on 10/28/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.12 USD
My targets
1.15 USD (+1.77%)
1.27 USD (+12.12%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on IEXEC - RLC/USD as long as the price remains well above 1.12 USD. The buyers' bullish objective is set at 1.15 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.27 USD. If there is any crossing, the next objective would be the resistance located at 1.29 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
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
0
10
6.6
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 IEXEC - RLC/USD price is 1.13 USD. The price has increased by +4.63% since the last closing with the lowest point at 1.08 USD and the highest point at 1.14 USD. The deviation from the price is +4.63% for the low point and -0.88% for the high point.1.08
1.14
1.13
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this IEXEC - RLC/USD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
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
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.05 | 1.07 | 1.12 | 1.13 | 1.15 | 1.29 | 1.45 |
| Change (%) | -7.02% | -5.31% | -0.88% | - | +1.77% | +14.31% | +28.32% |
| Change | -0.08 | -0.06 | -0.01 | - | +0.02 | +0.16 | +0.32 |
| Level | Minor | Minor | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.01 | 1.04 | 1.06 | 1.09 | 1.11 | 1.14 | 1.16 |
| Camarilla | 1.07 | 1.07 | 1.08 | 1.08 | 1.09 | 1.09 | 1.09 |
| Woodie | 1.01 | 1.04 | 1.06 | 1.09 | 1.11 | 1.14 | 1.16 |
| Fibonacci | 1.04 | 1.06 | 1.07 | 1.09 | 1.11 | 1.12 | 1.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.67 | 0.81 | 0.90 | 1.04 | 1.13 | 1.27 | 1.36 |
| Camarilla | 0.94 | 0.96 | 0.98 | 1.00 | 1.02 | 1.04 | 1.06 |
| Woodie | 0.66 | 0.80 | 0.89 | 1.03 | 1.12 | 1.26 | 1.35 |
| Fibonacci | 0.81 | 0.90 | 0.95 | 1.04 | 1.13 | 1.18 | 1.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.76 | 0.85 | 0.93 | 1.02 | 1.10 | 1.19 | 1.27 |
| Camarilla | 0.95 | 0.97 | 0.98 | 1.00 | 1.02 | 1.03 | 1.05 |
| Woodie | 0.75 | 0.85 | 0.92 | 1.02 | 1.09 | 1.19 | 1.26 |
| Fibonacci | 0.85 | 0.92 | 0.96 | 1.02 | 1.09 | 1.13 | 1.19 |
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): | 61.85 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.56 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 1.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.07 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 1.13 | |
| Zig ZAG (10): | 1.12 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 80.95 | |
| TEMA (21): | 1.10 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.45 |
| MA7: | 1.08 | |
| MA20: | 1.01 | |
| MA50: | 1.01 | |
| MA100: | 1.07 | |
| MAexp7: | 1.10 | |
| MAexp20: | 1.10 | |
| MAexp50: | 1.10 | |
| MAexp100: | 1.09 | |
| Price / MA7: | +4.63% | |
| Price / MA20: | +11.88% | |
| Price / MA50: | +11.88% | |
| Price / MA100: | +5.61% | |
| Price / MAexp7: | +2.73% | |
| Price / MAexp20: | +2.73% | |
| Price / MAexp50: | +2.73% | |
| Price / MAexp100: | +3.67% |
Quotes :
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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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