REQUEST - REQ/USD - Daily - Technical analysis published on 02/06/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 0.104700 USD
My targets
0.114514 USD (+5.64%)
0.132133 USD (+21.89%)
My analysis
REQUEST NETWORK - REQ/USD 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 0.104700 USD. The next resistance located at 0.114514 USD 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 0.132133 USD. After this resistance, buyers could then target 0.137314 USD. 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.
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
5.7
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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 REQUEST NETWORK - REQ/USD rating is 0.108400 USD. On the day, this instrument lost -0.09% and was traded between 0.105800 USD and 0.109300 USD over the period. The price is currently at +2.46% from its lowest and -0.82% from its highest.0.105800
0.109300
0.108400
Here is a more detailed summary of the historical variations registered by REQUEST NETWORK - REQ/USD:
Technical
Technical analysis of this Daily chart of REQUEST NETWORK - REQ/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
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 | 0.081830 | 0.094246 | 0.104700 | 0.108400 | 0.114514 | 0.132133 | 0.137314 |
| Change (%) | -24.51% | -13.06% | -3.41% | - | +5.64% | +21.89% | +26.67% |
| Change | -0.026570 | -0.014154 | -0.003700 | - | +0.006114 | +0.023733 | +0.028914 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.098533 | 0.102767 | 0.105633 | 0.109867 | 0.112733 | 0.116967 | 0.119833 |
| Camarilla | 0.106548 | 0.107198 | 0.107849 | 0.108500 | 0.109151 | 0.109802 | 0.110453 |
| Woodie | 0.097850 | 0.102425 | 0.104950 | 0.109525 | 0.112050 | 0.116625 | 0.119150 |
| Fibonacci | 0.102767 | 0.105479 | 0.107155 | 0.109867 | 0.112579 | 0.114255 | 0.116967 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.090833 | 0.096367 | 0.102733 | 0.108267 | 0.114633 | 0.120167 | 0.126533 |
| Camarilla | 0.105828 | 0.106918 | 0.108009 | 0.109100 | 0.110191 | 0.111282 | 0.112373 |
| Woodie | 0.091250 | 0.096575 | 0.103150 | 0.108475 | 0.115050 | 0.120375 | 0.126950 |
| Fibonacci | 0.096367 | 0.100913 | 0.103721 | 0.108267 | 0.112813 | 0.115621 | 0.120167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050533 | 0.067567 | 0.088033 | 0.105067 | 0.125533 | 0.142567 | 0.163033 |
| Camarilla | 0.098188 | 0.101625 | 0.105063 | 0.108500 | 0.111938 | 0.115375 | 0.118813 |
| Woodie | 0.052250 | 0.068425 | 0.089750 | 0.105925 | 0.127250 | 0.143425 | 0.164750 |
| Fibonacci | 0.067567 | 0.081892 | 0.090742 | 0.105067 | 0.119392 | 0.128242 | 0.142567 |
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): | 56.60 | |
| MACD (12,26,9): | 0.0032 | |
| Directional Movement: | 10.169695 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.110906 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.114422 | |
| Elder Ray (13): | -0.000216 | |
| Super Trend (3,10): | 0.093405 | |
| Zig ZAG (10): | 0.108200 | |
| VORTEX (21): | 1.0532 | |
| Stochastique (14,3,5): | 48.50 | |
| TEMA (21): | 0.110873 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | -0.000400 | |
| Repulse (5,40,3): | -1.3950 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6118 | |
| Courbe Coppock: | 5.52 |
| MA7: | 0.108343 | |
| MA20: | 0.107301 | |
| MA50: | 0.096671 | |
| MA100: | 0.094725 | |
| MAexp7: | 0.108433 | |
| MAexp20: | 0.106189 | |
| MAexp50: | 0.100649 | |
| MAexp100: | 0.099116 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | +1.02% | |
| Price / MA50: | +12.13% | |
| Price / MA100: | +14.44% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +2.08% | |
| Price / MAexp50: | +7.70% | |
| Price / MAexp100: | +9.37% |
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.
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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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