REQUEST - REQ/USD - 1H - Technical analysis published on 08/13/2024 (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 bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.093006 USD
My targets
0.097228 USD (+2.89%)
0.100908 USD (+6.78%)
My analysis
The bullish trend is currently very strong on REQUEST NETWORK - REQ/USD. As long as the price remains above the support at 0.093006 USD, you could try to benefit from the boom. The first bullish objective is located at 0.097228 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.100908 USD as an objective. Crossing it would then enable buyers to target 0.109441 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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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 0.094499 USD. The price is lower by -0.11% since the last closing and was between 0.092097 USD and 0.095700 USD. This implies that the price is at +2.61% from its lowest and at -1.25% from its highest.0.092097
0.095700
0.094499
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this REQUEST NETWORK - REQ/USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.083018 | 0.090199 | 0.093006 | 0.094499 | 0.097228 | 0.109441 | 0.115533 |
| Change (%) | -12.15% | -4.55% | -1.58% | - | +2.89% | +15.81% | +22.26% |
| Change | -0.011481 | -0.004300 | -0.001493 | - | +0.002729 | +0.014942 | +0.021034 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Intermediate |
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 | 0.085134 | 0.087667 | 0.091135 | 0.093668 | 0.097136 | 0.099669 | 0.103137 |
| Camarilla | 0.092954 | 0.093504 | 0.094054 | 0.094604 | 0.095154 | 0.095704 | 0.096254 |
| Woodie | 0.085603 | 0.087901 | 0.091604 | 0.093902 | 0.097605 | 0.099903 | 0.103606 |
| Fibonacci | 0.087667 | 0.089959 | 0.091375 | 0.093668 | 0.095960 | 0.097376 | 0.099669 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042818 | 0.059029 | 0.077019 | 0.093230 | 0.111220 | 0.127431 | 0.145421 |
| Camarilla | 0.085604 | 0.088739 | 0.091874 | 0.095009 | 0.098144 | 0.101279 | 0.104414 |
| Woodie | 0.043708 | 0.059474 | 0.077909 | 0.093675 | 0.112110 | 0.127876 | 0.146311 |
| Fibonacci | 0.059029 | 0.072094 | 0.080165 | 0.093230 | 0.106295 | 0.114366 | 0.127431 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.051507 | 0.068308 | 0.084107 | 0.100908 | 0.116707 | 0.133508 | 0.149307 |
| Camarilla | 0.090940 | 0.093928 | 0.096917 | 0.099905 | 0.102893 | 0.105882 | 0.108870 |
| Woodie | 0.051005 | 0.068058 | 0.083605 | 0.100658 | 0.116205 | 0.133258 | 0.148805 |
| Fibonacci | 0.068308 | 0.080762 | 0.088455 | 0.100908 | 0.113362 | 0.121055 | 0.133508 |
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): | 56.22 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 12.350400 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.094478 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.092737 | |
| Elder Ray (13): | 0.000389 | |
| Super Trend (3,10): | 0.092798 | |
| Zig ZAG (10): | 0.094693 | |
| VORTEX (21): | 1.0349 | |
| Stochastique (14,3,5): | 89.91 | |
| TEMA (21): | 0.094745 | |
| Williams %R (14): | -15.11 | |
| Chande Momentum Oscillator (20): | 0.001982 | |
| Repulse (5,40,3): | 0.0479 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0254 | |
| Courbe Coppock: | 3.27 |
| MA7: | 0.092523 | |
| MA20: | 0.096340 | |
| MA50: | 0.102440 | |
| MA100: | 0.115606 | |
| MAexp7: | 0.094584 | |
| MAexp20: | 0.094119 | |
| MAexp50: | 0.093820 | |
| MAexp100: | 0.093310 | |
| Price / MA7: | +2.14% | |
| Price / MA20: | -1.91% | |
| Price / MA50: | -7.75% | |
| Price / MA100: | -18.26% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | +0.40% | |
| Price / MAexp50: | +0.72% | |
| Price / MAexp100: | +1.27% |
Quotes :
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Real time data
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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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