RADIX - XRD/USD - 1H - Technical analysis published on 04/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.086787 USD
My targets
0.071750 USD (-11.21%)
0.069950 USD (-13.44%)
My analysis
RADIX - XRD/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.086787 USD. The next support located at 0.071750 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.069950 USD. Below this support, sellers could then target 0.060616 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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Additional analysis
Quotes
The RADIX - XRD/USD rating is 0.080810 USD. On the day, this instrument gained +8.78% and was traded between 0.074000 USD and 0.081180 USD over the period. The price is currently at +9.20% from its lowest and -0.46% from its highest.0.074000
0.081180
0.080810
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of RADIX - XRD/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.053000 | 0.060616 | 0.071750 | 0.080810 | 0.086787 | 0.108380 | 0.125533 |
| Change (%) | -34.41% | -24.99% | -11.21% | - | +7.40% | +34.12% | +55.34% |
| Change | -0.027810 | -0.020194 | -0.009060 | - | +0.005977 | +0.027570 | +0.044723 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.042220 | 0.057890 | 0.066090 | 0.081760 | 0.089960 | 0.105630 | 0.113830 |
| Camarilla | 0.067726 | 0.069914 | 0.072102 | 0.074290 | 0.076478 | 0.078666 | 0.080854 |
| Woodie | 0.038485 | 0.056023 | 0.062355 | 0.079893 | 0.086225 | 0.103763 | 0.110095 |
| Fibonacci | 0.057890 | 0.067008 | 0.072642 | 0.081760 | 0.090878 | 0.096512 | 0.105630 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.021590 | 0.035570 | 0.055970 | 0.069950 | 0.090350 | 0.104330 | 0.124730 |
| Camarilla | 0.066916 | 0.070067 | 0.073219 | 0.076370 | 0.079522 | 0.082673 | 0.085825 |
| Woodie | 0.024800 | 0.037175 | 0.059180 | 0.071555 | 0.093560 | 0.105935 | 0.127940 |
| Fibonacci | 0.035570 | 0.048703 | 0.056817 | 0.069950 | 0.083083 | 0.091197 | 0.104330 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018567 | 0.025783 | 0.033167 | 0.040383 | 0.047767 | 0.054983 | 0.062367 |
| Camarilla | 0.036535 | 0.037873 | 0.039212 | 0.040550 | 0.041888 | 0.043227 | 0.044565 |
| Woodie | 0.018650 | 0.025825 | 0.033250 | 0.040425 | 0.047850 | 0.055025 | 0.062450 |
| Fibonacci | 0.025783 | 0.031361 | 0.034806 | 0.040383 | 0.045961 | 0.049406 | 0.054983 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.92 | |
| MACD (12,26,9): | -0.0060 | |
| Directional Movement: | -21.454811 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.076590 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.082872 | |
| Elder Ray (13): | -0.002551 | |
| Super Trend (3,10): | 0.087484 | |
| Zig ZAG (10): | 0.078800 | |
| VORTEX (21): | 0.7955 | |
| Stochastique (14,3,5): | 20.66 | |
| TEMA (21): | 0.075646 | |
| Williams %R (14): | -70.40 | |
| Chande Momentum Oscillator (20): | -0.011200 | |
| Repulse (5,40,3): | 2.4146 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8861 | |
| Courbe Coppock: | 26.84 |
| MA7: | 0.099087 | |
| MA20: | 0.071250 | |
| MA50: | 0.052987 | |
| MA100: | 0.049590 | |
| MAexp7: | 0.078764 | |
| MAexp20: | 0.084418 | |
| MAexp50: | 0.094247 | |
| MAexp100: | 0.098103 | |
| Price / MA7: | -18.45% | |
| Price / MA20: | +13.42% | |
| Price / MA50: | +52.51% | |
| Price / MA100: | +62.96% | |
| Price / MAexp7: | +2.60% | |
| Price / MAexp20: | -4.27% | |
| Price / MAexp50: | -14.26% | |
| Price / MAexp100: | -17.63% |
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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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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