RAVENCOIN - RVN/USD - 1H - Technical analysis published on 01/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.066869 USD
My targets
0.070907 USD (+3.21%)
0.077187 USD (+12.35%)
My analysis
The bullish trend is currently very strong on RAVENCOIN - RVN/USD. As long as the price remains above the support at 0.066869 USD, you could try to benefit from the boom. The first bullish objective is located at 0.070907 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.077187 USD as an objective. Crossing it would then enable buyers to target 0.080200 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RAVENCOIN - RVN/USD rating is 0.068700 USD. The price registered an increase of +5.73% on the session and was between 0.064710 USD and 0.068700 USD. This implies that the price is at +6.17% from its lowest and at 0% from its highest.0.064710
0.068700
0.068700
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this RAVENCOIN - RVN/USD chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.058310 | 0.061567 | 0.066869 | 0.068700 | 0.080200 | 0.090257 | 0.111900 |
| Change (%) | -15.12% | -10.38% | -2.67% | - | +16.74% | +31.38% | +62.88% |
| Change | -0.010390 | -0.007133 | -0.001831 | - | +0.011500 | +0.021557 | +0.043200 |
| Level | Minor | Major | Major | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.056217 | 0.058733 | 0.061857 | 0.064373 | 0.067497 | 0.070013 | 0.073137 |
| Camarilla | 0.063429 | 0.063946 | 0.064463 | 0.064980 | 0.065497 | 0.066014 | 0.066531 |
| Woodie | 0.056520 | 0.058885 | 0.062160 | 0.064525 | 0.067800 | 0.070165 | 0.073440 |
| Fibonacci | 0.058733 | 0.060888 | 0.062219 | 0.064373 | 0.066528 | 0.067859 | 0.070013 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.003967 | 0.024127 | 0.042813 | 0.070907 | 0.089593 | 0.117687 | 0.136373 |
| Camarilla | 0.048636 | 0.052924 | 0.057212 | 0.061500 | 0.065788 | 0.070076 | 0.074365 |
| Woodie | -0.008670 | 0.021775 | 0.038110 | 0.068555 | 0.084890 | 0.115335 | 0.131670 |
| Fibonacci | 0.024127 | 0.041997 | 0.053037 | 0.070907 | 0.088777 | 0.099817 | 0.117687 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035697 | 0.055953 | 0.077187 | 0.097443 | 0.118677 | 0.138933 | 0.160167 |
| Camarilla | 0.087010 | 0.090814 | 0.094617 | 0.098420 | 0.102223 | 0.106027 | 0.109830 |
| Woodie | 0.036185 | 0.056198 | 0.077675 | 0.097688 | 0.119165 | 0.139178 | 0.160655 |
| Fibonacci | 0.055953 | 0.071803 | 0.081594 | 0.097443 | 0.113293 | 0.123084 | 0.138933 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.84 | |
| MACD (12,26,9): | 0.0006 | |
| Directional Movement: | 13.473921 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.067080 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.068190 | |
| Elder Ray (13): | 0.001133 | |
| Super Trend (3,10): | 0.064243 | |
| Zig ZAG (10): | 0.067890 | |
| VORTEX (21): | 1.1586 | |
| Stochastique (14,3,5): | 74.59 | |
| TEMA (21): | 0.067387 | |
| Williams %R (14): | -21.47 | |
| Chande Momentum Oscillator (20): | 0.001480 | |
| Repulse (5,40,3): | 0.8033 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0992 | |
| Courbe Coppock: | 4.54 |
| MA7: | 0.064394 | |
| MA20: | 0.081784 | |
| MA50: | 0.090184 | |
| MA100: | 0.103317 | |
| MAexp7: | 0.067149 | |
| MAexp20: | 0.066348 | |
| MAexp50: | 0.065637 | |
| MAexp100: | 0.065668 | |
| Price / MA7: | +6.69% | |
| Price / MA20: | -16.00% | |
| Price / MA50: | -23.82% | |
| Price / MA100: | -33.51% | |
| Price / MAexp7: | +2.31% | |
| Price / MAexp20: | +3.54% | |
| Price / MAexp50: | +4.67% | |
| Price / MAexp100: | +4.62% |
Quotes :
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Real time data
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