RADIX - XRD/USD - 1H - Technical analysis published on 08/30/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.052418 USD
My targets
0.054329 USD (+1.17%)
0.054950 USD (+2.33%)
My analysis
The basic bullish trend is very strong on RADIX - XRD/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.052418 USD. Crossing the first resistance at 0.054329 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.054950 USD as an objective. Crossing it would then enable buyers to target 0.057450 USD. Caution, a return to below 0.052418 USD would be a sign of a consolidation phase in the short-term basic trend. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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Additional analysis
Quotes
The RADIX - XRD/USD price is 0.053700 USD. The price is lower by -0.46% since the last closing with the lowest point at 0.053080 USD and the highest point at 0.054260 USD. The deviation from the price is +1.17% for the low point and -1.03% for the high point.0.053080
0.054260
0.053700
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of RADIX - XRD/USD in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.051900 | 0.052418 | 0.053429 | 0.053700 | 0.054329 | 0.054950 | 0.057450 |
| Change (%) | -3.35% | -2.39% | -0.50% | - | +1.17% | +2.33% | +6.98% |
| Change | -0.001800 | -0.001282 | -0.000271 | - | +0.000629 | +0.001250 | +0.003750 |
| Level | Minor | Major | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049133 | 0.050517 | 0.052233 | 0.053617 | 0.055333 | 0.056717 | 0.058433 |
| Camarilla | 0.053098 | 0.053382 | 0.053666 | 0.053950 | 0.054234 | 0.054518 | 0.054803 |
| Woodie | 0.049300 | 0.050600 | 0.052400 | 0.053700 | 0.055500 | 0.056800 | 0.058600 |
| Fibonacci | 0.050517 | 0.051701 | 0.052433 | 0.053617 | 0.054801 | 0.055533 | 0.056717 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046933 | 0.049867 | 0.051583 | 0.054517 | 0.056233 | 0.059167 | 0.060883 |
| Camarilla | 0.052021 | 0.052448 | 0.052874 | 0.053300 | 0.053726 | 0.054153 | 0.054579 |
| Woodie | 0.046325 | 0.049563 | 0.050975 | 0.054213 | 0.055625 | 0.058863 | 0.060275 |
| Fibonacci | 0.049867 | 0.051643 | 0.052740 | 0.054517 | 0.056293 | 0.057390 | 0.059167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.030430 | 0.042590 | 0.048930 | 0.061090 | 0.067430 | 0.079590 | 0.085930 |
| Camarilla | 0.050183 | 0.051878 | 0.053574 | 0.055270 | 0.056966 | 0.058662 | 0.060358 |
| Woodie | 0.027520 | 0.041135 | 0.046020 | 0.059635 | 0.064520 | 0.078135 | 0.083020 |
| Fibonacci | 0.042590 | 0.049657 | 0.054023 | 0.061090 | 0.068157 | 0.072523 | 0.079590 |
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): | 54.95 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 15.718844 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.053624 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.054260 | |
| Elder Ray (13): | 0.000236 | |
| Super Trend (3,10): | 0.052974 | |
| Zig ZAG (10): | 0.053720 | |
| VORTEX (21): | 1.0226 | |
| Stochastique (14,3,5): | 61.86 | |
| TEMA (21): | 0.053597 | |
| Williams %R (14): | -45.76 | |
| Chande Momentum Oscillator (20): | 0.000200 | |
| Repulse (5,40,3): | -0.3287 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0250 | |
| Courbe Coppock: | 1.30 |
| MA7: | 0.053417 | |
| MA20: | 0.054355 | |
| MA50: | 0.055947 | |
| MA100: | 0.060622 | |
| MAexp7: | 0.053589 | |
| MAexp20: | 0.053499 | |
| MAexp50: | 0.053332 | |
| MAexp100: | 0.053309 | |
| Price / MA7: | +0.53% | |
| Price / MA20: | -1.21% | |
| Price / MA50: | -4.02% | |
| Price / MA100: | -11.42% | |
| Price / MAexp7: | +0.21% | |
| Price / MAexp20: | +0.38% | |
| Price / MAexp50: | +0.69% | |
| Price / MAexp100: | +0.73% |
Quotes :
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Real time data
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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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