REQUEST - REQ/USD - 1H - Technical analysis published on 05/23/2023 (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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.086820 USD
My targets
0.084487 USD (-1.87%)
0.081770 USD (-5.03%)
My analysis
The bearish trend is currently very strong for REQUEST NETWORK - REQ/USD. As long as the price remains below the resistance at 0.086820 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.084487 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.081770 USD as an objective. Crossing it would then enable sellers to target 0.075828 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.4
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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 0.086100 USD. The price is lower by -0.12% since the last closing and was traded between 0.085500 USD and 0.087400 USD over the period. The price is currently at +0.70% from its lowest and -1.49% from its highest.0.085500
0.087400
0.086100
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by REQUEST NETWORK - REQ/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of REQUEST NETWORK - REQ/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.075828 | 0.081770 | 0.085900 | 0.086100 | 0.086820 | 0.087800 | 0.088868 |
| Change (%) | -11.93% | -5.03% | -0.23% | - | +0.84% | +1.97% | +3.21% |
| Change | -0.010272 | -0.004330 | -0.000200 | - | +0.000720 | +0.001700 | +0.002768 |
| Level | Major | Intermediate | Intermediate | - | 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 | 0.084100 | 0.085000 | 0.085600 | 0.086500 | 0.087100 | 0.088000 | 0.088600 |
| Camarilla | 0.085788 | 0.085925 | 0.086063 | 0.086200 | 0.086338 | 0.086475 | 0.086613 |
| Woodie | 0.083950 | 0.084925 | 0.085450 | 0.086425 | 0.086950 | 0.087925 | 0.088450 |
| Fibonacci | 0.085000 | 0.085573 | 0.085927 | 0.086500 | 0.087073 | 0.087427 | 0.088000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.082163 | 0.084487 | 0.087043 | 0.089367 | 0.091923 | 0.094247 | 0.096803 |
| Camarilla | 0.088258 | 0.088705 | 0.089153 | 0.089600 | 0.090047 | 0.090495 | 0.090942 |
| Woodie | 0.082280 | 0.084545 | 0.087160 | 0.089425 | 0.092040 | 0.094305 | 0.096920 |
| Fibonacci | 0.084487 | 0.086351 | 0.087503 | 0.089367 | 0.091231 | 0.092383 | 0.094247 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050927 | 0.069903 | 0.081647 | 0.100623 | 0.112367 | 0.131343 | 0.143087 |
| Camarilla | 0.084942 | 0.087758 | 0.090574 | 0.093390 | 0.096206 | 0.099022 | 0.101838 |
| Woodie | 0.047310 | 0.068095 | 0.078030 | 0.098815 | 0.108750 | 0.129535 | 0.139470 |
| Fibonacci | 0.069903 | 0.081638 | 0.088888 | 0.100623 | 0.112358 | 0.119608 | 0.131343 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.42 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -8.001184 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.085929 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.086797 | |
| Elder Ray (13): | -0.000066 | |
| Super Trend (3,10): | 0.086577 | |
| Zig ZAG (10): | 0.086100 | |
| VORTEX (21): | 0.8565 | |
| Stochastique (14,3,5): | 33.59 | |
| TEMA (21): | 0.085962 | |
| Williams %R (14): | -53.85 | |
| Chande Momentum Oscillator (20): | -0.000700 | |
| Repulse (5,40,3): | 0.1386 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0399 | |
| Courbe Coppock: | 1.66 |
| MA7: | 0.088161 | |
| MA20: | 0.089307 | |
| MA50: | 0.094648 | |
| MA100: | 0.098320 | |
| MAexp7: | 0.086025 | |
| MAexp20: | 0.086305 | |
| MAexp50: | 0.086930 | |
| MAexp100: | 0.087638 | |
| Price / MA7: | -2.34% | |
| Price / MA20: | -3.59% | |
| Price / MA50: | -9.03% | |
| Price / MA100: | -12.43% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -0.24% | |
| Price / MAexp50: | -0.95% | |
| Price / MAexp100: | -1.75% |
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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