REQUEST - REQ/USD - 1H - Technical analysis published on 01/15/2024 (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:
Strongly bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 0.091000 USD
My targets
0.082348 USD (-6.42%)
0.076964 USD (-12.54%)
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 0.091000 USD. The next support located at 0.082348 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 0.076964 USD. Below this support, sellers could then target 0.074000 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.5
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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 price is 0.087996 USD. The price registered a decrease of -0.24% on the session and was traded between 0.087506 USD and 0.092291 USD over the period. The price is currently at +0.56% from its lowest and -4.65% from its highest.0.087506
0.092291
0.087996
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this REQUEST NETWORK - REQ/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed 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
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.074000 | 0.082348 | 0.087522 | 0.087996 | 0.091000 | 0.095225 | 0.099497 |
| Change (%) | -15.91% | -6.42% | -0.54% | - | +3.41% | +8.22% | +13.07% |
| Change | -0.013996 | -0.005648 | -0.000474 | - | +0.003004 | +0.007229 | +0.011501 |
| Level | Intermediate | Major | Minor | - | Minor | Minor | 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 | 0.080482 | 0.084344 | 0.086276 | 0.090138 | 0.092070 | 0.095932 | 0.097864 |
| Camarilla | 0.086614 | 0.087145 | 0.087676 | 0.088207 | 0.088738 | 0.089269 | 0.089800 |
| Woodie | 0.079516 | 0.083862 | 0.085310 | 0.089656 | 0.091104 | 0.095450 | 0.096898 |
| Fibonacci | 0.084344 | 0.086558 | 0.087925 | 0.090138 | 0.092352 | 0.093719 | 0.095932 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027496 | 0.052702 | 0.072449 | 0.097655 | 0.117402 | 0.142608 | 0.162355 |
| Camarilla | 0.079835 | 0.083956 | 0.088076 | 0.092197 | 0.096318 | 0.100438 | 0.104559 |
| Woodie | 0.024768 | 0.051337 | 0.069721 | 0.096290 | 0.114674 | 0.141243 | 0.159627 |
| Fibonacci | 0.052702 | 0.069874 | 0.080483 | 0.097655 | 0.114827 | 0.125436 | 0.142608 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.036430 | 0.059712 | 0.076964 | 0.100246 | 0.117498 | 0.140780 | 0.158032 |
| Camarilla | 0.083068 | 0.086784 | 0.090499 | 0.094215 | 0.097931 | 0.101646 | 0.105362 |
| Woodie | 0.033414 | 0.058205 | 0.073948 | 0.098739 | 0.114482 | 0.139273 | 0.155016 |
| Fibonacci | 0.059712 | 0.075196 | 0.084762 | 0.100246 | 0.115730 | 0.125296 | 0.140780 |
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): | 39.76 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -7.936046 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.088479 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.091774 | |
| Elder Ray (13): | -0.001072 | |
| Super Trend (3,10): | 0.091437 | |
| Zig ZAG (10): | 0.087804 | |
| VORTEX (21): | 0.9443 | |
| Stochastique (14,3,5): | 4.93 | |
| TEMA (21): | 0.088316 | |
| Williams %R (14): | -93.77 | |
| Chande Momentum Oscillator (20): | -0.001202 | |
| Repulse (5,40,3): | -1.0354 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0863 | |
| Courbe Coppock: | 1.83 |
| MA7: | 0.093534 | |
| MA20: | 0.092835 | |
| MA50: | 0.092334 | |
| MA100: | 0.084830 | |
| MAexp7: | 0.088579 | |
| MAexp20: | 0.089361 | |
| MAexp50: | 0.090707 | |
| MAexp100: | 0.091849 | |
| Price / MA7: | -5.92% | |
| Price / MA20: | -5.21% | |
| Price / MA50: | -4.70% | |
| Price / MA100: | +3.73% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | -1.53% | |
| Price / MAexp50: | -2.99% | |
| Price / MAexp100: | -4.19% |
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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