RAVENCOIN - RVN/USD
RAVENCOIN - RVN/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: RVNUSD
ISIN:

RAVENCOIN - RVN/USD - Daily - Technical analysis published on 09/09/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.101800 USD
My targets
0.125300 USD (+5.29%)
0.146500 USD (+23.11%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on RAVENCOIN - RVN/USD. As long as you are above the support located at 0.101800 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.125300 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.146500 USD as an objective. Crossing it would then enable buyers to target 0.188517 USD. If the support 0.101800 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

RAVENCOIN - RVN/USD rating 0.119000 USD. The price is lower by -1.16% since the last closing and was between 0.115100 USD and 0.124100 USD. This implies that the price is at +3.39% from its lowest and at -4.11% from its highest.

0.115100
0.124100
0.119000

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



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 RAVENCOIN - RVN/USD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.066210 0.087720 0.101800 0.119000 0.125300 0.146500 0.188517
Change (%) -44.36% -26.29% -14.45% - +5.29% +23.11% +58.42%
Change -0.052790 -0.031280 -0.017200 - +0.006300 +0.027500 +0.069517
Level Intermediate Minor Intermediate - Minor Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0919330.0988670.1096330.1165670.1273330.1342670.145033
Camarilla0.1155330.1171550.1187780.1204000.1220230.1236450.125268
Woodie0.0938500.0998250.1115500.1175250.1292500.1352250.146950
Fibonacci0.0988670.1056280.1098050.1165670.1233280.1275050.134267


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0880330.1060670.1307330.1487670.1734330.1914670.216133
Camarilla0.1436580.1475720.1514860.1554000.1593140.1632280.167143
Woodie0.0913500.1077250.1340500.1504250.1767500.1931250.219450
Fibonacci0.1060670.1223780.1324550.1487670.1650780.1751550.191467


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0469330.0078330.0682670.1230330.1834670.2382330.298667
Camarilla0.0970200.1075800.1181400.1287000.1392600.1498200.160380
Woodie-0.0441000.0092500.0711000.1244500.1863000.2396500.301500
Fibonacci0.0078330.0518400.0790270.1230330.1670400.1942270.238233

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): 45.20
MACD (12,26,9): 0.0028
Directional Movement: 0.426510
AROON (14): -28.571427
DEMA (21): 0.137710
Parabolic SAR (0,02-0,02-0,2): 0.163279
Elder Ray (13): -0.012535
Super Trend (3,10): 0.109383
Zig ZAG (10): 0.118900
VORTEX (21): 0.9493
Stochastique (14,3,5): 19.29
TEMA (21): 0.129819
Williams %R (14): -78.20
Chande Momentum Oscillator (20): -0.011500
Repulse (5,40,3): -8.3817
ROCnROLL: -1
TRIX (15,9): 0.7804
Courbe Coppock: 4.05
MA7: 0.135429
MA20: 0.134540
MA50: 0.112717
MA100: 0.086969
MAexp7: 0.129361
MAexp20: 0.131570
MAexp50: 0.117388
MAexp100: 0.107395
Price / MA7: -12.13%
Price / MA20: -11.55%
Price / MA50: +5.57%
Price / MA100: +36.83%
Price / MAexp7: -8.01%
Price / MAexp20: -9.55%
Price / MAexp50: +1.37%
Price / MAexp100: +10.81%

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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