RESERVE RIGHTS - RSR/USD - 1H - Technical analysis published on 10/06/2022 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.009440 USD
My targets
0.008941 USD (-1.75%)
0.008650 USD (-4.95%)
My analysis
The bearish trend is currently very strong for RESERVE RIGHTS - RSR/USD. As long as the price remains below the resistance at 0.009440 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.008941 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.008650 USD as an objective. Crossing it would then enable sellers to target 0.008228 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RESERVE RIGHTS - RSR/USD price is 0.009100 USD. The price registered a decrease of -0.06% on the session with the lowest point at 0.008995 USD and the highest point at 0.009215 USD. The deviation from the price is +1.17% for the low point and -1.25% for the high point.0.008995
0.009215
0.009100
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 RESERVE RIGHTS - RSR/USD:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of RESERVE RIGHTS - RSR/USD indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
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 | 0.008228 | 0.008650 | 0.008941 | 0.009100 | 0.009440 | 0.009935 | 0.010420 |
| Change (%) | -9.58% | -4.95% | -1.75% | - | +3.74% | +9.18% | +14.51% |
| Change | -0.000872 | -0.000450 | -0.000159 | - | +0.000340 | +0.000835 | +0.001320 |
| Level | Major | Minor | Intermediate | - | Minor | Major | Intermediate |
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 | 0.008283 | 0.008582 | 0.008843 | 0.009142 | 0.009403 | 0.009702 | 0.009963 |
| Camarilla | 0.008951 | 0.009002 | 0.009054 | 0.009105 | 0.009156 | 0.009208 | 0.009259 |
| Woodie | 0.008265 | 0.008573 | 0.008825 | 0.009133 | 0.009385 | 0.009693 | 0.009945 |
| Fibonacci | 0.008582 | 0.008796 | 0.008928 | 0.009142 | 0.009356 | 0.009488 | 0.009702 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005301 | 0.006313 | 0.007949 | 0.008961 | 0.010597 | 0.011609 | 0.013245 |
| Camarilla | 0.008857 | 0.009100 | 0.009342 | 0.009585 | 0.009828 | 0.010071 | 0.010313 |
| Woodie | 0.005613 | 0.006469 | 0.008261 | 0.009117 | 0.010909 | 0.011765 | 0.013557 |
| Fibonacci | 0.006313 | 0.007325 | 0.007950 | 0.008961 | 0.009973 | 0.010598 | 0.011609 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002350 | 0.003765 | 0.005970 | 0.007385 | 0.009590 | 0.011005 | 0.013210 |
| Camarilla | 0.007180 | 0.007511 | 0.007843 | 0.008175 | 0.008507 | 0.008839 | 0.009171 |
| Woodie | 0.002745 | 0.003963 | 0.006365 | 0.007583 | 0.009985 | 0.011203 | 0.013605 |
| Fibonacci | 0.003765 | 0.005148 | 0.006002 | 0.007385 | 0.008768 | 0.009622 | 0.011005 |
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): | 40.85 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -0.407149 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.009086 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009361 | |
| Elder Ray (13): | -0.000083 | |
| Super Trend (3,10): | 0.009390 | |
| Zig ZAG (10): | 0.009045 | |
| VORTEX (21): | 0.9643 | |
| Stochastique (14,3,5): | 26.09 | |
| TEMA (21): | 0.009096 | |
| Williams %R (14): | -79.35 | |
| Chande Momentum Oscillator (20): | -0.000235 | |
| Repulse (5,40,3): | -0.4284 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0567 | |
| Courbe Coppock: | 1.52 |
| MA7: | 0.009167 | |
| MA20: | 0.007740 | |
| MA50: | 0.006752 | |
| MA100: | 0.006844 | |
| MAexp7: | 0.009098 | |
| MAexp20: | 0.009147 | |
| MAexp50: | 0.009238 | |
| MAexp100: | 0.009215 | |
| Price / MA7: | -0.73% | |
| Price / MA20: | +17.57% | |
| Price / MA50: | +34.77% | |
| Price / MA100: | +32.96% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | -0.51% | |
| Price / MAexp50: | -1.49% | |
| Price / MAexp100: | -1.25% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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