RADWORKS - RAD/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	RADUSD
ISIN:

RADWORKS - RAD/USD - Daily - Technical analysis published on 05/26/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 2.17 USD

My targets

1.65 USD (-14.51%)

My analysis

All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on RADICLE - RAD/USD as long as the price remains well below 2.17 USD. The next bearish objective for sellers is set at 1.65 USD. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RADICLE - RAD/USD price is 1.93 USD. On the day, this instrument gained +3.21% and was between 1.87 USD and 1.94 USD. This implies that the price is at +3.21% from its lowest and at -0.52% from its highest.

1.87

1.94

1.93

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of RADICLE - RAD/USD in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S1	Price	R1	R2
ProTrendLines	1.65	1.93	2.17	4.16
Change (%)	-14.51%	-	+12.44%	+115.54%
Change	-0.28	-	+0.24	+2.23
Level	Intermediate	-	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	1.64	1.69	1.78	1.83	1.92	1.97	2.06
Camarilla	1.83	1.84	1.86	1.87	1.88	1.90	1.91
Woodie	1.66	1.70	1.80	1.84	1.94	1.98	2.08
Fibonacci	1.69	1.74	1.78	1.83	1.88	1.92	1.97

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.56	1.79	1.93	2.16	2.30	2.53	2.67
Camarilla	1.96	1.99	2.03	2.06	2.09	2.13	2.16
Woodie	1.51	1.77	1.88	2.14	2.25	2.51	2.62
Fibonacci	1.79	1.94	2.02	2.16	2.31	2.39	2.53

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.79	1.21	1.73	2.15	2.67	3.09	3.61
Camarilla	1.98	2.07	2.15	2.24	2.33	2.41	2.50
Woodie	0.83	1.24	1.77	2.18	2.71	3.12	3.65
Fibonacci	1.21	1.57	1.79	2.15	2.51	2.73	3.09

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):	41.50
MACD (12,26,9):	-0.1300
Directional Movement:	9.78
AROON (14):	-85.72
DEMA (21):	2.01
Parabolic SAR (0,02-0,02-0,2):	2.14
Elder Ray (13):	-0.17
Super Trend (3,10):	2.56
Zig ZAG (10):	1.90
VORTEX (21):	0.7300
Stochastique (14,3,5):	14.38
TEMA (21):	1.82
Williams %R (14):	-78.48
Chande Momentum Oscillator (20):	-0.43
Repulse (5,40,3):	-1.9600
ROCnROLL:	2
TRIX (15,9):	-0.4600
Courbe Coppock:	41.55

MA7:	1.95
MA20:	2.19
MA50:	2.19
MA100:	2.04
MAexp7:	1.95
MAexp20:	2.14
MAexp50:	2.17
MAexp100:	2.08
Price / MA7:	-1.03%
Price / MA20:	-11.87%
Price / MA50:	-11.87%
Price / MA100:	-5.39%
Price / MAexp7:	-1.03%
Price / MAexp20:	-9.81%
Price / MAexp50:	-11.06%
Price / MAexp100:	-7.21%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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