REQUEST - REQ/USD - 1H - Technical analysis published on 07/28/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 0.078202 USD
My targets
0.075470 USD (-1.48%)
0.074860 USD (-2.27%)
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 0.078202 USD. The next support located at 0.075470 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 0.074860 USD. Below this support, sellers could then target 0.073200 USD.
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
5
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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 0.076600 USD. The price registered a decrease of -0.01% on the session and was between 0.076600 USD and 0.077110 USD. This implies that the price is at 0% from its lowest and at -0.66% from its highest.0.076600
0.077110
0.076600
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of REQUEST NETWORK - REQ/USD in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
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 | 0.074860 | 0.075470 | 0.076422 | 0.076600 | 0.078202 | 0.079340 | 0.081760 |
| Change (%) | -2.27% | -1.48% | -0.23% | - | +2.09% | +3.58% | +6.74% |
| Change | -0.001740 | -0.001130 | -0.000178 | - | +0.001602 | +0.002740 | +0.005160 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Minor |
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 | 0.072953 | 0.074777 | 0.075693 | 0.077517 | 0.078433 | 0.080257 | 0.081173 |
| Camarilla | 0.075857 | 0.076108 | 0.076359 | 0.076610 | 0.076861 | 0.077112 | 0.077364 |
| Woodie | 0.072500 | 0.074550 | 0.075240 | 0.077290 | 0.077980 | 0.080030 | 0.080720 |
| Fibonacci | 0.074777 | 0.075823 | 0.076470 | 0.077517 | 0.078563 | 0.079210 | 0.080257 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.067590 | 0.072050 | 0.074280 | 0.078740 | 0.080970 | 0.085430 | 0.087660 |
| Camarilla | 0.074670 | 0.075284 | 0.075897 | 0.076510 | 0.077123 | 0.077737 | 0.078350 |
| Woodie | 0.066475 | 0.071493 | 0.073165 | 0.078183 | 0.079855 | 0.084873 | 0.086545 |
| Fibonacci | 0.072050 | 0.074606 | 0.076184 | 0.078740 | 0.081296 | 0.082874 | 0.085430 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.052087 | 0.060393 | 0.068297 | 0.076603 | 0.084507 | 0.092813 | 0.100717 |
| Camarilla | 0.071742 | 0.073228 | 0.074714 | 0.076200 | 0.077686 | 0.079172 | 0.080658 |
| Woodie | 0.051885 | 0.060293 | 0.068095 | 0.076503 | 0.084305 | 0.092713 | 0.100515 |
| Fibonacci | 0.060393 | 0.066586 | 0.070411 | 0.076603 | 0.082796 | 0.086621 | 0.092813 |
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): | 42.83 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -5.014335 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.076916 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.077320 | |
| Elder Ray (13): | -0.000208 | |
| Super Trend (3,10): | 0.077933 | |
| Zig ZAG (10): | 0.076790 | |
| VORTEX (21): | 0.8543 | |
| Stochastique (14,3,5): | 9.01 | |
| TEMA (21): | 0.076577 | |
| Williams %R (14): | -85.21 | |
| Chande Momentum Oscillator (20): | -0.000580 | |
| Repulse (5,40,3): | -0.3575 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0254 | |
| Courbe Coppock: | 3.90 |
| MA7: | 0.076553 | |
| MA20: | 0.079289 | |
| MA50: | 0.077640 | |
| MA100: | 0.083469 | |
| MAexp7: | 0.076827 | |
| MAexp20: | 0.077159 | |
| MAexp50: | 0.077178 | |
| MAexp100: | 0.077059 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | -3.39% | |
| Price / MA50: | -1.34% | |
| Price / MA100: | -8.23% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -0.75% | |
| Price / MAexp100: | -0.60% |
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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