REQUEST - REQ/USD - 1H - Technical analysis published on 12/15/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
50%
39%
My opinion
Bullish above 0.091505 USD
My targets
0.094984 USD (+1.60%)
0.100406 USD (+7.40%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.091505 USD remains possible. It is advisable to trade REQUEST NETWORK - REQ/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.091505 USD. The next bullish objective for buyers is set at 0.094984 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.100406 USD. If there is any crossing, the next objective would be the resistance located at 0.136840 USD. PS: if there is a bearish break in the support located at 0.091505 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
REQUEST NETWORK - REQ/USD rating 0.093491 USD. On the day, this instrument lost -0.75% and was traded between 0.092303 USD and 0.094291 USD over the period. The price is currently at +1.29% from its lowest and -0.85% from its highest.0.092303
0.094291
0.093491
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of REQUEST NETWORK - REQ/USD indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral 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, only 9 technical indicators out of 18 studied are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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 | 0.087500 | 0.091505 | 0.093083 | 0.093491 | 0.094984 | 0.100406 | 0.136840 |
| Change (%) | -6.41% | -2.12% | -0.44% | - | +1.60% | +7.40% | +46.37% |
| Change | -0.005991 | -0.001986 | -0.000408 | - | +0.001493 | +0.006915 | +0.043349 |
| Level | Intermediate | Major | Major | - | Intermediate | 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 | 0.089819 | 0.091017 | 0.092605 | 0.093803 | 0.095391 | 0.096589 | 0.098177 |
| Camarilla | 0.093428 | 0.093683 | 0.093939 | 0.094194 | 0.094449 | 0.094705 | 0.094960 |
| Woodie | 0.090015 | 0.091115 | 0.092801 | 0.093901 | 0.095587 | 0.096687 | 0.098373 |
| Fibonacci | 0.091017 | 0.092081 | 0.092738 | 0.093803 | 0.094867 | 0.095524 | 0.096589 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.071930 | 0.078421 | 0.085063 | 0.091554 | 0.098196 | 0.104687 | 0.111329 |
| Camarilla | 0.088094 | 0.089298 | 0.090502 | 0.091706 | 0.092910 | 0.094114 | 0.095318 |
| Woodie | 0.072007 | 0.078459 | 0.085140 | 0.091592 | 0.098273 | 0.104725 | 0.111406 |
| Fibonacci | 0.078421 | 0.083438 | 0.086537 | 0.091554 | 0.096571 | 0.099670 | 0.104687 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.048821 | 0.060102 | 0.071853 | 0.083134 | 0.094885 | 0.106166 | 0.117917 |
| Camarilla | 0.077270 | 0.079382 | 0.081493 | 0.083604 | 0.085715 | 0.087827 | 0.089938 |
| Woodie | 0.049056 | 0.060220 | 0.072088 | 0.083252 | 0.095120 | 0.106284 | 0.118152 |
| Fibonacci | 0.060102 | 0.068900 | 0.074336 | 0.083134 | 0.091932 | 0.097368 | 0.106166 |
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): | 46.43 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -8.179988 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.093366 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.094358 | |
| Elder Ray (13): | -0.000359 | |
| Super Trend (3,10): | 0.091888 | |
| Zig ZAG (10): | 0.092791 | |
| VORTEX (21): | 0.8992 | |
| Stochastique (14,3,5): | 22.30 | |
| TEMA (21): | 0.092719 | |
| Williams %R (14): | -74.47 | |
| Chande Momentum Oscillator (20): | -0.000170 | |
| Repulse (5,40,3): | -0.0994 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0308 | |
| Courbe Coppock: | 1.64 |
| MA7: | 0.091597 | |
| MA20: | 0.088204 | |
| MA50: | 0.082668 | |
| MA100: | 0.075232 | |
| MAexp7: | 0.092945 | |
| MAexp20: | 0.093215 | |
| MAexp50: | 0.092409 | |
| MAexp100: | 0.091372 | |
| Price / MA7: | +2.07% | |
| Price / MA20: | +5.99% | |
| Price / MA50: | +13.09% | |
| Price / MA100: | +24.27% | |
| Price / MAexp7: | +0.59% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +1.17% | |
| Price / MAexp100: | +2.32% |
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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