RAVENCOIN - RVN/USD - 1H - Technical analysis published on 11/04/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.137633 USD
My targets
0.150467 USD (+3.70%)
0.155400 USD (+7.10%)
My analysis
RAVENCOIN - RVN/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.137633 USD. The next resistance located at 0.150467 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.155400 USD. After this resistance, buyers could then target 0.188500 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
9.1
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RAVENCOIN - RVN/USD price is 0.145100 USD. The price registered an increase of +8.53% on the session with the lowest point at 0.131200 USD and the highest point at 0.149300 USD. The deviation from the price is +10.59% for the low point and -2.81% for the high point.0.131200
0.149300
0.145100
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of RAVENCOIN - RVN/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.111900 | 0.129000 | 0.135411 | 0.145100 | 0.155400 | 0.188500 | 0.234900 |
| Change (%) | -22.88% | -11.10% | -6.68% | - | +7.10% | +29.91% | +61.89% |
| Change | -0.033200 | -0.016100 | -0.009689 | - | +0.010300 | +0.043400 | +0.089800 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Major |
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 | 0.113700 | 0.119500 | 0.126600 | 0.132400 | 0.139500 | 0.145300 | 0.152400 |
| Camarilla | 0.130153 | 0.131335 | 0.132518 | 0.133700 | 0.134883 | 0.136065 | 0.137248 |
| Woodie | 0.114350 | 0.119825 | 0.127250 | 0.132725 | 0.140150 | 0.145625 | 0.153050 |
| Fibonacci | 0.119500 | 0.124428 | 0.127472 | 0.132400 | 0.137328 | 0.140372 | 0.145300 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.079067 | 0.090033 | 0.102867 | 0.113833 | 0.126667 | 0.137633 | 0.150467 |
| Camarilla | 0.109155 | 0.111337 | 0.113518 | 0.115700 | 0.117882 | 0.120063 | 0.122245 |
| Woodie | 0.080000 | 0.090500 | 0.103800 | 0.114300 | 0.127600 | 0.138100 | 0.151400 |
| Fibonacci | 0.090033 | 0.099125 | 0.104742 | 0.113833 | 0.122925 | 0.128542 | 0.137633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.026267 | 0.060333 | 0.090667 | 0.124733 | 0.155067 | 0.189133 | 0.219467 |
| Camarilla | 0.103290 | 0.109193 | 0.115097 | 0.121000 | 0.126903 | 0.132807 | 0.138710 |
| Woodie | 0.024400 | 0.059400 | 0.088800 | 0.123800 | 0.153200 | 0.188200 | 0.217600 |
| Fibonacci | 0.060333 | 0.084934 | 0.100133 | 0.124733 | 0.149334 | 0.164533 | 0.189133 |
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): | 69.57 | |
| MACD (12,26,9): | 0.0037 | |
| Directional Movement: | 23.585880 | |
| AROON (14): | 85.714283 | |
| DEMA (21): | 0.141689 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.137178 | |
| Elder Ray (13): | 0.006881 | |
| Super Trend (3,10): | 0.131394 | |
| Zig ZAG (10): | 0.146100 | |
| VORTEX (21): | 1.2047 | |
| Stochastique (14,3,5): | 79.29 | |
| TEMA (21): | 0.143452 | |
| Williams %R (14): | -14.87 | |
| Chande Momentum Oscillator (20): | 0.014900 | |
| Repulse (5,40,3): | 3.1050 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2724 | |
| Courbe Coppock: | 15.79 |
| MA7: | 0.125486 | |
| MA20: | 0.117385 | |
| MA50: | 0.110563 | |
| MA100: | 0.115189 | |
| MAexp7: | 0.141780 | |
| MAexp20: | 0.137306 | |
| MAexp50: | 0.132297 | |
| MAexp100: | 0.127441 | |
| Price / MA7: | +15.63% | |
| Price / MA20: | +23.61% | |
| Price / MA50: | +31.24% | |
| Price / MA100: | +25.97% | |
| Price / MAexp7: | +2.34% | |
| Price / MAexp20: | +5.68% | |
| Price / MAexp50: | +9.68% | |
| Price / MAexp100: | +13.86% |
Quotes :
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Real time data
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