RESERVE RIGHTS - RSR/USDT - Weekly - Technical analysis published on 12/29/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.003678 USDT
My targets
0.002322 USDT (-16.02%)
My analysis
RESERVE RIGHTS - RSR/USDT 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 0.003678 USDT. The next support located at 0.002322 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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Additional analysis
Quotes
RESERVE RIGHTS - RSR/USDT rating 0.002765 USDT. The price is lower by -13.54% over the 5 days and has been traded over the last 5 days between 0.002727 USDT and 0.003093 USDT. This implies that the 5 day price is +1.39% from its lowest point and -10.60% from its highest point.0.002727
0.003093
0.002765
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RESERVE RIGHTS - RSR/USDT in Weekly shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.002322 | 0.002765 | 0.027890 | 0.054265 | 0.094830 |
| Change (%) | -16.02% | - | +908.68% | +1,862.57% | +3,329.66% |
| Change | -0.000443 | - | +0.025125 | +0.051500 | +0.092065 |
| Level | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002489 | 0.002618 | 0.002704 | 0.002833 | 0.002919 | 0.003048 | 0.003134 |
| Camarilla | 0.002730 | 0.002750 | 0.002769 | 0.002789 | 0.002809 | 0.002828 | 0.002848 |
| Woodie | 0.002467 | 0.002607 | 0.002682 | 0.002822 | 0.002897 | 0.003037 | 0.003112 |
| Fibonacci | 0.002618 | 0.002701 | 0.002751 | 0.002833 | 0.002916 | 0.002966 | 0.003048 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002729 | 0.002901 | 0.002994 | 0.003166 | 0.003259 | 0.003431 | 0.003524 |
| Camarilla | 0.003014 | 0.003038 | 0.003063 | 0.003087 | 0.003111 | 0.003136 | 0.003160 |
| Woodie | 0.002690 | 0.002881 | 0.002955 | 0.003146 | 0.003220 | 0.003411 | 0.003485 |
| Fibonacci | 0.002901 | 0.003002 | 0.003065 | 0.003166 | 0.003267 | 0.003330 | 0.003431 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002502 | 0.003034 | 0.003678 | 0.004210 | 0.004854 | 0.005386 | 0.006030 |
| Camarilla | 0.003999 | 0.004106 | 0.004214 | 0.004322 | 0.004430 | 0.004538 | 0.004645 |
| Woodie | 0.002558 | 0.003062 | 0.003734 | 0.004238 | 0.004910 | 0.005414 | 0.006086 |
| Fibonacci | 0.003034 | 0.003483 | 0.003761 | 0.004210 | 0.004659 | 0.004937 | 0.005386 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 34.84 | |
| MACD (12,26,9): | -0.0019 | |
| Directional Movement: | -4.642808 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.002697 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008427 | |
| Elder Ray (13): | -0.001487 | |
| Super Trend (3,10): | 0.007017 | |
| Zig ZAG (10): | 0.003012 | |
| VORTEX (21): | 0.8870 | |
| Stochastique (14,3,5): | 0.83 | |
| TEMA (21): | 0.003788 | |
| Williams %R (14): | -99.36 | |
| Chande Momentum Oscillator (20): | -0.004497 | |
| Repulse (5,40,3): | -30.3473 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -3.0280 | |
| Courbe Coppock: | 86.05 |
| MA7: | 0.003095 | |
| MA20: | 0.003496 | |
| MA50: | 0.003871 | |
| MA100: | 0.005467 | |
| MAexp7: | 0.003758 | |
| MAexp20: | 0.005367 | |
| MAexp50: | 0.010826 | |
| MAexp100: | 0.014803 | |
| Price / MA7: | -10.66% | |
| Price / MA20: | -20.91% | |
| Price / MA50: | -28.57% | |
| Price / MA100: | -49.42% | |
| Price / MAexp7: | -26.42% | |
| Price / MAexp20: | -48.48% | |
| Price / MAexp50: | -74.46% | |
| Price / MAexp100: | -81.32% |
Quotes :
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Real time data
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