Londinia Opportunities Analyses - 04/30/2024 (GMT) RIF TOKEN - RIF/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | RIFUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
72%
11%
My opinion
Bearish under 0.181994 USDT
My targets
0.172159 USDT (-3.94%)
0.153513 USDT (-14.34%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on RIF TOKEN - RIF/USDT as long as the price remains well below 0.181994 USDT. The sellers' bearish objective is set at 0.172159 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.153513 USDT. In case of crossing, the next objective would be the support located at 0.124188 USDT. 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
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Additional analysis
Quotes
The RIF TOKEN - RIF/USDT price is 0.179215 USDT. The price registered a decrease of -4.28% on the session and was between 0.177963 USDT and 0.189881 USDT. This implies that the price is at +0.70% from its lowest and at -5.62% from its highest.0.177963
0.189881
0.179215
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of RIF TOKEN - RIF/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
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 | 0.063931 | 0.092292 | 0.124188 | 0.179215 | 0.181994 | 0.188600 | 0.196980 |
| Change (%) | -64.33% | -48.50% | -30.70% | - | +1.55% | +5.24% | +9.91% |
| Change | -0.115284 | -0.086923 | -0.055027 | - | +0.002779 | +0.009385 | +0.017765 |
| Level | Minor | Minor | Intermediate | - | Major | 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 | 0.172777 | 0.177359 | 0.182288 | 0.186870 | 0.191799 | 0.196381 | 0.201310 |
| Camarilla | 0.184603 | 0.185474 | 0.186346 | 0.187218 | 0.188090 | 0.188962 | 0.189834 |
| Woodie | 0.172952 | 0.177446 | 0.182463 | 0.186957 | 0.191974 | 0.196468 | 0.201485 |
| Fibonacci | 0.177359 | 0.180992 | 0.183237 | 0.186870 | 0.190503 | 0.192748 | 0.196381 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.127567 | 0.153513 | 0.172159 | 0.198105 | 0.216751 | 0.242697 | 0.261343 |
| Camarilla | 0.178541 | 0.182629 | 0.186716 | 0.190804 | 0.194892 | 0.198979 | 0.203067 |
| Woodie | 0.123916 | 0.151688 | 0.168508 | 0.196280 | 0.213100 | 0.240872 | 0.257692 |
| Fibonacci | 0.153513 | 0.170548 | 0.181071 | 0.198105 | 0.215140 | 0.225663 | 0.242697 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.111630 | 0.155614 | 0.221750 | 0.265734 | 0.331870 | 0.375854 | 0.441990 |
| Camarilla | 0.257602 | 0.267696 | 0.277791 | 0.287885 | 0.297979 | 0.308074 | 0.318168 |
| Woodie | 0.122705 | 0.161152 | 0.232825 | 0.271272 | 0.342945 | 0.381392 | 0.453065 |
| Fibonacci | 0.155614 | 0.197680 | 0.223669 | 0.265734 | 0.307800 | 0.333789 | 0.375854 |
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): | 35.92 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -24.550836 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.183586 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.188677 | |
| Elder Ray (13): | -0.005221 | |
| Super Trend (3,10): | 0.188071 | |
| Zig ZAG (10): | 0.179601 | |
| VORTEX (21): | 0.9377 | |
| Stochastique (14,3,5): | 19.62 | |
| TEMA (21): | 0.183325 | |
| Williams %R (14): | -87.04 | |
| Chande Momentum Oscillator (20): | -0.003890 | |
| Repulse (5,40,3): | -3.0929 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0484 | |
| Courbe Coppock: | 1.10 |
| MA7: | 0.191059 | |
| MA20: | 0.203163 | |
| MA50: | 0.238912 | |
| MA100: | 0.209026 | |
| MAexp7: | 0.183238 | |
| MAexp20: | 0.185061 | |
| MAexp50: | 0.187022 | |
| MAexp100: | 0.190395 | |
| Price / MA7: | -6.20% | |
| Price / MA20: | -11.79% | |
| Price / MA50: | -24.99% | |
| Price / MA100: | -14.26% | |
| Price / MAexp7: | -2.20% | |
| Price / MAexp20: | -3.16% | |
| Price / MAexp50: | -4.17% | |
| Price / MAexp100: | -5.87% |
Quotes :
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Real time data
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Cryptocompare