REQUEST - REQ/USD
REQUEST - REQ/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: REQUSD
ISIN:

REQUEST - REQ/USD - Daily - Technical analysis published on 05/10/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.091300 USD
My targets
0.081770 USD (-7.71%)
0.075828 USD (-14.42%)
My analysis
REQUEST NETWORK - REQ/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.091300 USD. The next support located at 0.081770 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.075828 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.7

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:
15 min. 1H Weekly

Additional analysis

Quotes

The REQUEST NETWORK - REQ/USD price is 0.088600 USD. The price registered a decrease of -0.11% on the session with the lowest point at 0.088000 USD and the highest point at 0.088800 USD. The deviation from the price is +0.68% for the low point and -0.23% for the high point.

0.088000
0.088800
0.088600

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of REQUEST NETWORK - REQ/USD in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.075828 0.081770 0.088600 0.091300 0.096660 0.106389
Change (%) -14.42% -7.71% - +3.05% +9.10% +20.08%
Change -0.012772 -0.006830 - +0.002700 +0.008060 +0.017789
Level Major Intermediate - Intermediate Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0804330.0837670.0862330.0895670.0920330.0953670.097833
Camarilla0.0871050.0876370.0881680.0887000.0892320.0897630.090295
Woodie0.0800000.0835500.0858000.0893500.0916000.0951500.097400
Fibonacci0.0837670.0859820.0873510.0895670.0917820.0931510.095367


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0790770.0847630.0882970.0939830.0975170.1032030.106737
Camarilla0.0892950.0901400.0909850.0918300.0926750.0935200.094366
Woodie0.0780000.0842250.0872200.0934450.0964400.1026650.105660
Fibonacci0.0847630.0882850.0904610.0939830.0975050.0996810.103203


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0509270.0699030.0816470.1006230.1123670.1313430.143087
Camarilla0.0849420.0877580.0905740.0933900.0962060.0990220.101838
Woodie0.0473100.0680950.0780300.0988150.1087500.1295350.139470
Fibonacci0.0699030.0816380.0888880.1006230.1123580.1196080.131343

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): 38.50
MACD (12,26,9): -0.0023
Directional Movement: 5.005817
AROON (14): -64.285715
DEMA (21): 0.090419
Parabolic SAR (0,02-0,02-0,2): 0.099156
Elder Ray (13): -0.003581
Super Trend (3,10): 0.102213
Zig ZAG (10): 0.088400
VORTEX (21): 0.8843
Stochastique (14,3,5): 12.63
TEMA (21): 0.089192
Williams %R (14): -86.93
Chande Momentum Oscillator (20): -0.003800
Repulse (5,40,3): -5.7376
ROCnROLL: 2
TRIX (15,9): -0.2695
Courbe Coppock: 6.12
MA7: 0.091047
MA20: 0.092830
MA50: 0.096732
MA100: 0.101003
MAexp7: 0.090416
MAexp20: 0.093263
MAexp50: 0.096200
MAexp100: 0.098058
Price / MA7: -2.69%
Price / MA20: -4.56%
Price / MA50: -8.41%
Price / MA100: -12.28%
Price / MAexp7: -2.01%
Price / MAexp20: -5.00%
Price / MAexp50: -7.90%
Price / MAexp100: -9.65%

Quotes : - Real time data - 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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