Londinia Opportunities Analyses - 01/24/2022 (GMT) RIF TOKEN (X1000) - RIF/BTC - Daily
| Type: | Cryptocurrencies |
| Ticker: | RIFBTC |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.004225 BTC
My targets
0.003533 BTC (-11.22%)
0.003393 BTC (-14.74%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RIF TOKEN (X1000) - RIF/BTC as long as the price remains well below 0.004225 BTC. The sellers' bearish objective is set at 0.003533 BTC. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.003393 BTC. In case of crossing, the next objective would be the support located at 0.000009 BTC. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.9
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.
Additional analysis
Quotes
The RIF TOKEN (X1000) - RIF/BTC rating is 0.003980 BTC. On the day, this instrument lost -1.97% with the lowest point at 0.003980 BTC and the highest point at 0.004090 BTC. The deviation from the price is 0% for the low point and -2.69% for the high point.0.003980
0.004090
0.003980
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Journalier chart of RIF TOKEN (X1000) - RIF/BTC 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.000009 | 0.003980 | 0.004225 | 0.004312 | 0.004550 |
| Change (%) | -99.77% | - | +6.16% | +8.34% | +14.32% |
| Change | -0.003971 | - | +0.000245 | +0.000332 | +0.000570 |
| Level | Intermediate | - | Major | Minor | 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 | 0.003900 | 0.003940 | 0.004000 | 0.004040 | 0.004100 | 0.004140 | 0.004200 |
| Camarilla | 0.004033 | 0.004042 | 0.004051 | 0.004060 | 0.004069 | 0.004078 | 0.004088 |
| Woodie | 0.003910 | 0.003945 | 0.004010 | 0.004045 | 0.004110 | 0.004145 | 0.004210 |
| Fibonacci | 0.003940 | 0.003978 | 0.004002 | 0.004040 | 0.004078 | 0.004102 | 0.004140 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003393 | 0.003657 | 0.003813 | 0.004077 | 0.004233 | 0.004497 | 0.004653 |
| Camarilla | 0.003855 | 0.003893 | 0.003932 | 0.003970 | 0.004009 | 0.004047 | 0.004086 |
| Woodie | 0.003340 | 0.003630 | 0.003760 | 0.004050 | 0.004180 | 0.004470 | 0.004600 |
| Fibonacci | 0.003657 | 0.003817 | 0.003916 | 0.004077 | 0.004237 | 0.004336 | 0.004497 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003533 | 0.003817 | 0.004053 | 0.004337 | 0.004573 | 0.004857 | 0.005093 |
| Camarilla | 0.004147 | 0.004195 | 0.004242 | 0.004290 | 0.004338 | 0.004385 | 0.004433 |
| Woodie | 0.003510 | 0.003805 | 0.004030 | 0.004325 | 0.004550 | 0.004845 | 0.005070 |
| Fibonacci | 0.003817 | 0.004015 | 0.004138 | 0.004337 | 0.004535 | 0.004658 | 0.004857 |
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): | 33.11 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -0.873070 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.004057 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.004239 | |
| Elder Ray (13): | -0.000062 | |
| Super Trend (3,10): | 0.004448 | |
| Zig ZAG (10): | 0.003980 | |
| VORTEX (21): | 0.8901 | |
| Stochastique (14,3,5): | 19.84 | |
| TEMA (21): | 0.004028 | |
| Williams %R (14): | -85.71 | |
| Chande Momentum Oscillator (20): | -0.000170 | |
| Repulse (5,40,3): | -3.7917 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1514 | |
| Courbe Coppock: | 6.32 |
| MA7: | 0.004064 | |
| MA20: | 0.004141 | |
| MA50: | 0.004225 | |
| MA100: | 0.004302 | |
| MAexp7: | 0.004056 | |
| MAexp20: | 0.004130 | |
| MAexp50: | 0.004215 | |
| MAexp100: | 0.004332 | |
| Price / MA7: | -2.07% | |
| Price / MA20: | -3.89% | |
| Price / MA50: | -5.80% | |
| Price / MA100: | -7.48% | |
| Price / MAexp7: | -1.87% | |
| Price / MAexp20: | -3.63% | |
| Price / MAexp50: | -5.58% | |
| Price / MAexp100: | -8.13% |
Quotes :
-
Real time data
-
Cryptocompare