RAVENCOIN - RVN/USDT - 1H - Technical analysis published on 11/23/2022 (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 bullish
Underlying:
Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.022033 USDT
My targets
0.022670 USDT (+0.98%)
0.024510 USDT (+9.18%)
My analysis
The bullish trend is currently very strong on RAVENCOIN - RVN/USDT. As long as the price remains above the support at 0.022033 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.022670 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.024510 USDT as an objective. Crossing it would then enable buyers to target 0.027123 USDT. 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 are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RAVENCOIN - RVN/USDT price is 0.022450 USDT. The price has increased by +8.40% since the last closing and was traded between 0.020610 USDT and 0.024800 USDT over the period. The price is currently at +8.93% from its lowest and -9.48% from its highest.0.020610
0.024800
0.022450
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
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 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being 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 to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.020980 | 0.021728 | 0.022033 | 0.022450 | 0.022670 | 0.027123 | 0.032280 |
| Change (%) | -6.55% | -3.22% | -1.86% | - | +0.98% | +20.82% | +43.79% |
| Change | -0.001470 | -0.000722 | -0.000417 | - | +0.000220 | +0.004673 | +0.009830 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Minor |
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 | 0.018587 | 0.019043 | 0.019877 | 0.020333 | 0.021167 | 0.021623 | 0.022457 |
| Camarilla | 0.020355 | 0.020474 | 0.020592 | 0.020710 | 0.020828 | 0.020947 | 0.021065 |
| Woodie | 0.018775 | 0.019138 | 0.020065 | 0.020428 | 0.021355 | 0.021718 | 0.022645 |
| Fibonacci | 0.019043 | 0.019536 | 0.019841 | 0.020333 | 0.020826 | 0.021131 | 0.021623 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017180 | 0.018590 | 0.020140 | 0.021550 | 0.023100 | 0.024510 | 0.026060 |
| Camarilla | 0.020876 | 0.021147 | 0.021419 | 0.021690 | 0.021961 | 0.022233 | 0.022504 |
| Woodie | 0.017250 | 0.018625 | 0.020210 | 0.021585 | 0.023170 | 0.024545 | 0.026130 |
| Fibonacci | 0.018590 | 0.019721 | 0.020419 | 0.021550 | 0.022681 | 0.023379 | 0.024510 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018567 | 0.023683 | 0.027557 | 0.032673 | 0.036547 | 0.041663 | 0.045537 |
| Camarilla | 0.028958 | 0.029782 | 0.030606 | 0.031430 | 0.032254 | 0.033078 | 0.033902 |
| Woodie | 0.017945 | 0.023373 | 0.026935 | 0.032363 | 0.035925 | 0.041353 | 0.044915 |
| Fibonacci | 0.023683 | 0.027118 | 0.029239 | 0.032673 | 0.036108 | 0.038229 | 0.041663 |
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): | 58.57 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 18.781455 | |
| AROON (14): | 7.142857 | |
| DEMA (21): | 0.022705 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.021550 | |
| Elder Ray (13): | 0.000162 | |
| Super Trend (3,10): | 0.022212 | |
| Zig ZAG (10): | 0.022360 | |
| VORTEX (21): | 1.1535 | |
| Stochastique (14,3,5): | 37.00 | |
| TEMA (21): | 0.022904 | |
| Williams %R (14): | -63.09 | |
| Chande Momentum Oscillator (20): | 0.001170 | |
| Repulse (5,40,3): | -1.1871 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3812 | |
| Courbe Coppock: | 14.82 |
| MA7: | 0.021169 | |
| MA20: | 0.023715 | |
| MA50: | 0.028712 | |
| MA100: | 0.033561 | |
| MAexp7: | 0.022472 | |
| MAexp20: | 0.022029 | |
| MAexp50: | 0.021369 | |
| MAexp100: | 0.021168 | |
| Price / MA7: | +6.05% | |
| Price / MA20: | -5.33% | |
| Price / MA50: | -21.81% | |
| Price / MA100: | -33.11% | |
| Price / MAexp7: | -0.10% | |
| Price / MAexp20: | +1.91% | |
| Price / MAexp50: | +5.06% | |
| Price / MAexp100: | +6.06% |
Quotes :
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Real time data
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Cryptocompare
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