RESERVE RIGHTS - RSR/USD - 1H - Technical analysis published on 09/08/2024 (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:
Bullish
Technical indicators
39%
28%
33%
My opinion
Bullish above 0.004849 USD
My targets
0.005050 USD (+0.82%)
0.005295 USD (+5.71%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on RESERVE RIGHTS - RSR/USD. This is a positive signal for buyers. As long as the price remains above 0.004849 USD, a purchase could be considered. The first bullish objective is located at 0.005050 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.005295 USD as an objective. Crossing it would then enable buyers to target 0.005740 USD. In the event of a return below 0.004849 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 are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
5
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Additional analysis
Quotes
RESERVE RIGHTS - RSR/USD rating 0.005009 USD. On the day, this instrument gained +5.10% with the lowest point at 0.004747 USD and the highest point at 0.005055 USD. The deviation from the price is +5.52% for the low point and -0.91% for the high point.0.004747
0.005055
0.005009
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of RESERVE RIGHTS - RSR/USD in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from 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 does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003446 | 0.004258 | 0.004849 | 0.005009 | 0.005050 | 0.005295 | 0.005740 |
| Change (%) | -31.20% | -14.99% | -3.19% | - | +0.82% | +5.71% | +14.59% |
| Change | -0.001563 | -0.000751 | -0.000160 | - | +0.000041 | +0.000286 | +0.000731 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Intermediate | Minor |
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 | 0.004413 | 0.004527 | 0.004647 | 0.004761 | 0.004881 | 0.004995 | 0.005115 |
| Camarilla | 0.004702 | 0.004723 | 0.004745 | 0.004766 | 0.004788 | 0.004809 | 0.004830 |
| Woodie | 0.004415 | 0.004529 | 0.004649 | 0.004763 | 0.004883 | 0.004997 | 0.005117 |
| Fibonacci | 0.004527 | 0.004617 | 0.004672 | 0.004761 | 0.004851 | 0.004906 | 0.004995 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003497 | 0.003986 | 0.004376 | 0.004865 | 0.005255 | 0.005744 | 0.006134 |
| Camarilla | 0.004524 | 0.004605 | 0.004685 | 0.004766 | 0.004847 | 0.004927 | 0.005008 |
| Woodie | 0.003448 | 0.003961 | 0.004327 | 0.004840 | 0.005206 | 0.005719 | 0.006085 |
| Fibonacci | 0.003986 | 0.004322 | 0.004529 | 0.004865 | 0.005201 | 0.005408 | 0.005744 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000598 | 0.001233 | 0.003225 | 0.005056 | 0.007048 | 0.008879 | 0.010871 |
| Camarilla | 0.004167 | 0.004517 | 0.004868 | 0.005218 | 0.005568 | 0.005919 | 0.006269 |
| Woodie | -0.000517 | 0.001273 | 0.003307 | 0.005096 | 0.007130 | 0.008919 | 0.010953 |
| Fibonacci | 0.001233 | 0.002693 | 0.003595 | 0.005056 | 0.006516 | 0.007418 | 0.008879 |
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): | 53.47 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.845708 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.004940 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005051 | |
| Elder Ray (13): | -0.000002 | |
| Super Trend (3,10): | 0.004853 | |
| Zig ZAG (10): | 0.004919 | |
| VORTEX (21): | 1.0979 | |
| Stochastique (14,3,5): | 38.61 | |
| TEMA (21): | 0.004957 | |
| Williams %R (14): | -57.02 | |
| Chande Momentum Oscillator (20): | 0.000100 | |
| Repulse (5,40,3): | -0.0827 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1259 | |
| Courbe Coppock: | 4.97 |
| MA7: | 0.004931 | |
| MA20: | 0.005454 | |
| MA50: | 0.004861 | |
| MA100: | 0.005390 | |
| MAexp7: | 0.004922 | |
| MAexp20: | 0.004892 | |
| MAexp50: | 0.004857 | |
| MAexp100: | 0.004896 | |
| Price / MA7: | +1.58% | |
| Price / MA20: | -8.16% | |
| Price / MA50: | +3.04% | |
| Price / MA100: | -7.07% | |
| Price / MAexp7: | +1.77% | |
| Price / MAexp20: | +2.39% | |
| Price / MAexp50: | +3.13% | |
| Price / MAexp100: | +2.31% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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