RAVENCOIN - RVN/USD - Daily - Technical analysis published on 09/09/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
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.
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
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:
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:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.091933 | 0.098867 | 0.109633 | 0.116567 | 0.127333 | 0.134267 | 0.145033 |
Camarilla | 0.115533 | 0.117155 | 0.118778 | 0.120400 | 0.122023 | 0.123645 | 0.125268 |
Woodie | 0.093850 | 0.099825 | 0.111550 | 0.117525 | 0.129250 | 0.135225 | 0.146950 |
Fibonacci | 0.098867 | 0.105628 | 0.109805 | 0.116567 | 0.123328 | 0.127505 | 0.134267 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.088033 | 0.106067 | 0.130733 | 0.148767 | 0.173433 | 0.191467 | 0.216133 |
Camarilla | 0.143658 | 0.147572 | 0.151486 | 0.155400 | 0.159314 | 0.163228 | 0.167143 |
Woodie | 0.091350 | 0.107725 | 0.134050 | 0.150425 | 0.176750 | 0.193125 | 0.219450 |
Fibonacci | 0.106067 | 0.122378 | 0.132455 | 0.148767 | 0.165078 | 0.175155 | 0.191467 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.046933 | 0.007833 | 0.068267 | 0.123033 | 0.183467 | 0.238233 | 0.298667 |
Camarilla | 0.097020 | 0.107580 | 0.118140 | 0.128700 | 0.139260 | 0.149820 | 0.160380 |
Woodie | -0.044100 | 0.009250 | 0.071100 | 0.124450 | 0.186300 | 0.239650 | 0.301500 |
Fibonacci | 0.007833 | 0.051840 | 0.079027 | 0.123033 | 0.167040 | 0.194227 | 0.238233 |
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 :
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Real time data
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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