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
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
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.
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:
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:
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:
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:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.105400 | 0.109100 | 0.113500 | 0.117200 | 0.121600 | 0.125300 | 0.129700 |
Camarilla | 0.115673 | 0.116415 | 0.117158 | 0.117900 | 0.118643 | 0.119385 | 0.120128 |
Woodie | 0.105750 | 0.109275 | 0.113850 | 0.117375 | 0.121950 | 0.125475 | 0.130050 |
Fibonacci | 0.109100 | 0.112194 | 0.114106 | 0.117200 | 0.120294 | 0.122206 | 0.125300 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.045933 | 0.075867 | 0.096733 | 0.126667 | 0.147533 | 0.177467 | 0.198333 |
Camarilla | 0.103630 | 0.108287 | 0.112943 | 0.117600 | 0.122257 | 0.126913 | 0.131570 |
Woodie | 0.041400 | 0.073600 | 0.092200 | 0.124400 | 0.143000 | 0.175200 | 0.193800 |
Fibonacci | 0.075867 | 0.095272 | 0.107261 | 0.126667 | 0.146072 | 0.158061 | 0.177467 |
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 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 :
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Real time data
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