REN - REN/USDT
REN - REN/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: RENUSDT
ISIN:

REN - REN/USDT - 15 min. - Technical analysis published on 06/25/2020 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 0.166933 USDT
My targets
0.157367 USDT (-1.65%)
0.144733 USDT (-9.54%)
My analysis
In the short term, we can see an acceleration in the bearish trend on REN - REN/USDT, which is a positive signal for sellers. As long as the price remains above 0.166933 USDT, a sale could be considered. The first bearish objective is located at 0.157367 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.144733 USDT as an objective. Crossing it would then enable sellers to target 0.135167 USDT. If the price were to return above 0.166933 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.8

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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The REN - REN/USDT price is 0.160000 USDT. On the day, this instrument lost -5.88% with the lowest point at 0.144100 USDT and the highest point at 0.170900 USDT. The deviation from the price is +11.03% for the low point and -6.38% for the high point.

0.144100
0.170900
0.160000

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by REN - REN/USDT:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of REN - REN/USDT in 15 min. shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 15 minutes


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.113733 0.140500 0.152400 0.160000 0.162700 0.168900 0.176500
Change (%) -28.92% -12.19% -4.75% - +1.69% +5.56% +10.31%
Change -0.046267 -0.019500 -0.007600 - +0.002700 +0.008900 +0.016500
Level Major Intermediate Minor - Minor Minor Major



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
Standard0.1351670.1447330.1573670.1669330.1795670.1891330.201767
Camarilla0.1638950.1659300.1679650.1700000.1720350.1740700.176105
Woodie0.1367000.1455000.1589000.1677000.1811000.1899000.203300
Fibonacci0.1447330.1532140.1584530.1669330.1754140.1806530.189133


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0664330.0801670.0992330.1129670.1320330.1457670.164833
Camarilla0.1092800.1122870.1152930.1183000.1213070.1243130.127320
Woodie0.0691000.0815000.1019000.1143000.1347000.1471000.167500
Fibonacci0.0801670.0926960.1004370.1129670.1254960.1332370.145767


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0147230.0370170.0642130.0865070.1137030.1359970.163193
Camarilla0.0778000.0823370.0868730.0914100.0959470.1004830.105020
Woodie0.0171750.0382430.0666650.0877330.1161550.1372230.165645
Fibonacci0.0370170.0559220.0676020.0865070.1054120.1170920.135997

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): 48.26
MACD (12,26,9): -0.0008
Directional Movement: -8.773604
AROON (14): -92.857140
DEMA (21): 0.162782
Parabolic SAR (0,02-0,02-0,2): 0.166674
Elder Ray (13): -0.000421
Super Trend (3,10): 0.165211
Zig ZAG (10): 0.163400
VORTEX (21): 0.9559
Stochastique (14,3,5): 21.79
TEMA (21): 0.161832
Williams %R (14): -57.50
Chande Momentum Oscillator (20): -0.000700
Repulse (5,40,3): 1.9486
ROCnROLL: 1
TRIX (15,9): -0.0418
Courbe Coppock: 5.05
MA7: 0.140914
MA20: 0.113992
MA50: 0.097301
MA100: 0.075307
MAexp7: 0.162636
MAexp20: 0.162873
MAexp50: 0.163767
MAexp100: 0.162101
Price / MA7: +13.54%
Price / MA20: +40.36%
Price / MA50: +64.44%
Price / MA100: +112.46%
Price / MAexp7: -1.62%
Price / MAexp20: -1.76%
Price / MAexp50: -2.30%
Price / MAexp100: -1.30%

Quotes : 2020-06-25 21:15:53 - Real time data - Cryptocompare

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

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