RAVENCOIN - RVN/USDT
RAVENCOIN - RVN/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: RVNUSDT
ISIN:

RAVENCOIN - RVN/USDT - 1H - Technical analysis published on 02/14/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 0.072370 USDT
My targets
0.080247 USDT (+4.67%)
0.100683 USDT (+31.32%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on RAVENCOIN - RVN/USDT as long as the price remains well above 0.072370 USDT. The buyers” bullish objective is set at 0.080247 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.100683 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9

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 pascalhaux. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

RAVENCOIN - RVN/USDT rating 0.076670 USDT. On the day, this instrument gained +32.69% with the lowest point at 0.056740 USDT and the highest point at 0.086310 USDT. The deviation from the price is +35.13% for the low point and -11.17% for the high point.

0.056740
0.086310
0.076670

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

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of RAVENCOIN - RVN/USDT indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.050437 0.053320 0.072370 0.076670
Change (%) -34.22% -30.46% -5.61% -
Change -0.026233 -0.023350 -0.004300 -
Level Major Intermediate Intermediate -



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
Standard0.0419730.0459470.0518630.0558370.0617530.0657270.071643
Camarilla0.0550600.0559670.0568730.0577800.0586870.0595930.060500
Woodie0.0429450.0464330.0528350.0563230.0627250.0662130.072615
Fibonacci0.0459470.0497250.0520590.0558370.0596150.0619490.065727


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0056730.0169070.0373430.0485770.0690130.0802470.100683
Camarilla0.0490710.0519740.0548770.0577800.0606830.0635860.066489
Woodie0.0102750.0192080.0419450.0508780.0736150.0825480.105285
Fibonacci0.0169070.0290050.0364790.0485770.0606750.0681490.080247


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.016533-0.0020770.0112170.0256730.0389670.0534230.066717
Camarilla0.0168790.0194230.0219660.0245100.0270540.0295980.032141
Woodie-0.017115-0.0023680.0106350.0253830.0383850.0531330.066135
Fibonacci-0.0020770.0085240.0150730.0256730.0362740.0428230.053423

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): 62.92
MACD (12,26,9): 0.0060
Directional Movement: 25.122259
AROON (14): 49.999999
DEMA (21): 0.079510
Parabolic SAR (0,02-0,02-0,2): 0.086128
Elder Ray (13): 0.002046
Super Trend (3,10): 0.067867
Zig ZAG (10): 0.076820
VORTEX (21): 1.2291
Stochastique (14,3,5): 84.30
TEMA (21): 0.083759
Williams %R (14): -15.49
Chande Momentum Oscillator (20): 0.020400
Repulse (5,40,3): 1.7916
ROCnROLL: 1
TRIX (15,9): 1.3162
Courbe Coppock: 68.51
MA7: 0.052044
MA20: 0.033804
MA50: 0.022855
MA100: 0.018274
MAexp7: 0.079342
MAexp20: 0.071861
MAexp50: 0.063445
MAexp100: 0.056375
Price / MA7: +47.32%
Price / MA20: +126.81%
Price / MA50: +235.46%
Price / MA100: +319.56%
Price / MAexp7: -3.37%
Price / MAexp20: +6.69%
Price / MAexp50: +20.84%
Price / MAexp100: +36.00%

Quotes : 2021-02-14 18:07:33 - Real time data - Cryptocompare

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

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