RESERVE RIGHTS - RSR/USDT
RESERVE RIGHTS - RSR/USDT
- USDT (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: RSRUSDT
ISIN:

RESERVE RIGHTS - RSR/USDT - 1H - Technical analysis published on 10/10/2022 (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
17%
61%
22%
My opinion
Bearish under 0.007389 USDT
My targets
0.006722 USDT (-2.37%)
0.005780 USDT (-16.05%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RESERVE RIGHTS - RSR/USDT as long as the price remains well below 0.007389 USDT. The sellers' bearish objective is set at 0.006722 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005780 USDT. In case of crossing, the next objective would be the support located at 0.005673 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by EpicHaxer. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The RESERVE RIGHTS - RSR/USDT price is 0.006885 USDT. On the day, this instrument lost -8.33% and was between 0.006875 USDT and 0.007596 USDT. This implies that the price is at +0.15% from its lowest and at -9.36% from its highest.

0.006875
0.007596
0.006885

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of RESERVE RIGHTS - RSR/USDT indicates that the overall trend is strongly bearish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 20

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 3

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
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.004115 0.005673 0.006885 0.007843 0.008295 0.009058
Change (%) -40.23% -17.60% - +13.91% +20.48% +31.56%
Change -0.002770 -0.001212 - +0.000958 +0.001410 +0.002173
Level Minor Intermediate - Intermediate Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0067370.0070610.0072860.0076100.0078350.0081590.008384
Camarilla0.0073600.0074100.0074610.0075110.0075610.0076120.007662
Woodie0.0066880.0070360.0072370.0075850.0077860.0081340.008335
Fibonacci0.0070610.0072710.0074000.0076100.0078200.0079490.008159


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0040110.0057800.0067220.0084910.0094330.0112020.012144
Camarilla0.0069190.0071670.0074160.0076640.0079130.0081610.008410
Woodie0.0035980.0055730.0063090.0082840.0090200.0109950.011731
Fibonacci0.0057800.0068160.0074550.0084910.0095270.0101660.011202


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0023560.0037710.0059740.0073890.0095920.0110070.013210
Camarilla0.0071810.0075130.0078440.0081760.0085080.0088390.009171
Woodie0.0027490.0039680.0063670.0075860.0099850.0112040.013603
Fibonacci0.0037710.0051530.0060070.0073890.0087710.0096250.011007

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): 20.66
MACD (12,26,9): -0.0002
Directional Movement: -34.915325
AROON (14): -100.000000
DEMA (21): 0.007057
Parabolic SAR (0,02-0,02-0,2): 0.007155
Elder Ray (13): -0.000206
Super Trend (3,10): 0.007262
Zig ZAG (10): 0.006917
VORTEX (21): 0.7541
Stochastique (14,3,5): 4.65
TEMA (21): 0.007013
Williams %R (14): -99.19
Chande Momentum Oscillator (20): -0.000580
Repulse (5,40,3): -3.5802
ROCnROLL: 2
TRIX (15,9): -0.2458
Courbe Coppock: 10.51
MA7: 0.008278
MA20: 0.008180
MA50: 0.006874
MA100: 0.006860
MAexp7: 0.007076
MAexp20: 0.007260
MAexp50: 0.007544
MAexp100: 0.007923
Price / MA7: -16.83%
Price / MA20: -15.83%
Price / MA50: +0.16%
Price / MA100: +0.36%
Price / MAexp7: -2.70%
Price / MAexp20: -5.17%
Price / MAexp50: -8.74%
Price / MAexp100: -13.10%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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