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 - 1H - Technical analysis published on 09/15/2021 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.115257 USD
My targets
0.123033 USD (+3.65%)
0.125300 USD (+5.56%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on RAVENCOIN - RVN/USD. This is a positive signal for buyers. As long as the price remains above 0.115257 USD, a purchase could be considered. The first bullish objective is located at 0.123033 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.125300 USD as an objective. Crossing it would then enable buyers to target 0.136400 USD. In the event of a return below 0.115257 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3

This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The RAVENCOIN - RVN/USD price is 0.118700 USD. The price registered an increase of +0.68% on the session and was traded between 0.117700 USD and 0.118900 USD over the period. The price is currently at +0.85% from its lowest and -0.17% from its highest.

0.117700
0.118900
0.118700

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by RAVENCOIN - RVN/USD:

Technical


A technical analysis in 1H of this RAVENCOIN - RVN/USD chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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 engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.105800 0.109900 0.115257 0.118700 0.125300 0.136400 0.155285
Change (%) -10.87% -7.41% -2.90% - +5.56% +14.91% +30.82%
Change -0.012900 -0.008800 -0.003443 - +0.006600 +0.017700 +0.036585
Level Minor Intermediate Minor - Intermediate Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1054000.1091000.1135000.1172000.1216000.1253000.129700
Camarilla0.1156730.1164150.1171580.1179000.1186430.1193850.120128
Woodie0.1057500.1092750.1138500.1173750.1219500.1254750.130050
Fibonacci0.1091000.1121940.1141060.1172000.1202940.1222060.125300


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0459330.0758670.0967330.1266670.1475330.1774670.198333
Camarilla0.1036300.1082870.1129430.1176000.1222570.1269130.131570
Woodie0.0414000.0736000.0922000.1244000.1430000.1752000.193800
Fibonacci0.0758670.0952720.1072610.1266670.1460720.1580610.177467


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 54.71
MACD (12,26,9): 0.0004
Directional Movement: 3.936966
AROON (14): 21.428571
DEMA (21): 0.117191
Parabolic SAR (0,02-0,02-0,2): 0.120670
Elder Ray (13): 0.000938
Super Trend (3,10): 0.119762
Zig ZAG (10): 0.118200
VORTEX (21): 1.1294
Stochastique (14,3,5): 43.92
TEMA (21): 0.117662
Williams %R (14): -49.21
Chande Momentum Oscillator (20): 0.001900
Repulse (5,40,3): 0.7684
ROCnROLL: 1
TRIX (15,9): 0.0521
Courbe Coppock: 2.51
MA7: 0.117771
MA20: 0.128990
MA50: 0.118619
MA100: 0.088711
MAexp7: 0.117071
MAexp20: 0.116617
MAexp50: 0.116461
MAexp100: 0.117566
Price / MA7: +0.79%
Price / MA20: -7.98%
Price / MA50: +0.07%
Price / MA100: +33.81%
Price / MAexp7: +1.39%
Price / MAexp20: +1.79%
Price / MAexp50: +1.92%
Price / MAexp100: +0.96%

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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