Londinia Opportunities Analyses - 05/21/2022 (GMT) RAYDIUM - RAY/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | RAYUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 1.09 USDT
My targets
0.98 USDT (-7.26%)
0.87 USDT (-18.21%)
My analysis
The bearish basic trend is very strong on RAYDIUM - RAY/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 1.09 USDT. Crossing the first support at 0.98 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.87 USDT as an objective. Crossing it would then enable sellers to target 0.68 USDT. Caution, a return to above the resistance located at 1.09 USDT would be a sign of a possible consolidation phase of 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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The RAYDIUM - RAY/USDT price is 1.06 USDT. The price is lower by -0.94% since the last closing and was between 1.04 USDT and 1.10 USDT. This implies that the price is at +1.92% from its lowest and at -3.64% from its highest.1.04
1.10
1.06
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of RAYDIUM - RAY/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.06 | 1.06 | 1.09 | 1.18 | 1.24 |
| Change (%) | 0% | - | +2.83% | +11.32% | +16.98% |
| Change | 0 | - | +0.03 | +0.12 | +0.18 |
| Level | Intermediate | - | Minor | Major | 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 | 0.91 | 0.98 | 1.03 | 1.10 | 1.15 | 1.22 | 1.27 |
| Camarilla | 1.04 | 1.05 | 1.06 | 1.07 | 1.08 | 1.09 | 1.10 |
| Woodie | 0.89 | 0.98 | 1.01 | 1.10 | 1.13 | 1.22 | 1.25 |
| Fibonacci | 0.98 | 1.03 | 1.06 | 1.10 | 1.15 | 1.18 | 1.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.19 | 0.68 | 0.98 | 1.47 | 1.77 | 2.26 | 2.56 |
| Camarilla | 1.07 | 1.15 | 1.22 | 1.29 | 1.36 | 1.44 | 1.51 |
| Woodie | 0.11 | 0.63 | 0.90 | 1.42 | 1.69 | 2.21 | 2.48 |
| Fibonacci | 0.68 | 0.98 | 1.17 | 1.47 | 1.77 | 1.96 | 2.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.31 | 0.87 | 1.47 | 2.65 | 3.25 | 4.43 | 5.03 |
| Camarilla | 1.59 | 1.75 | 1.92 | 2.08 | 2.24 | 2.41 | 2.57 |
| Woodie | -0.59 | 0.73 | 1.19 | 2.51 | 2.97 | 4.29 | 4.75 |
| Fibonacci | 0.87 | 1.55 | 1.97 | 2.65 | 3.33 | 3.75 | 4.43 |
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): | 39.17 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -7.88 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 1.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.10 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1.10 | |
| Zig ZAG (10): | 1.06 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 11.59 | |
| TEMA (21): | 1.07 | |
| Williams %R (14): | -92.68 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.7600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 0.28 |
| MA7: | 1.19 | |
| MA20: | 1.56 | |
| MA50: | 2.28 | |
| MA100: | 2.58 | |
| MAexp7: | 1.07 | |
| MAexp20: | 1.08 | |
| MAexp50: | 1.10 | |
| MAexp100: | 1.14 | |
| Price / MA7: | -10.92% | |
| Price / MA20: | -32.05% | |
| Price / MA50: | -53.51% | |
| Price / MA100: | -58.91% | |
| Price / MAexp7: | -0.93% | |
| Price / MAexp20: | -1.85% | |
| Price / MAexp50: | -3.64% | |
| Price / MAexp100: | -7.02% |
Quotes :
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Real time data
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Cryptocompare