NANO - XNO/USD - 1H - Technical analysis published on 07/22/2021 (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:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 3.51 USD
My targets
3.74 USD (+3.60%)
3.95 USD (+9.42%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NANO - NANO/USD as long as the price remains well above 3.51 USD. The buyers' bullish objective is set at 3.74 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.95 USD. If there is any crossing, the next objective would be the resistance located at 4.06 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NANO - NANO/USD rating 3.61 USD. The price has increased by +1.98% since the last closing with the lowest point at 3.41 USD and the highest point at 3.63 USD. The deviation from the price is +5.87% for the low point and -0.55% for the high point.3.41
3.63
3.61
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:
Technical
A technical analysis in 1H of this NANO - NANO/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.28 | 3.38 | 3.51 | 3.61 | 3.74 | 3.95 | 4.06 |
| Change (%) | -9.14% | -6.37% | -2.77% | - | +3.60% | +9.42% | +12.47% |
| Change | -0.33 | -0.23 | -0.10 | - | +0.13 | +0.34 | +0.45 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.59 | 2.85 | 3.20 | 3.46 | 3.81 | 4.07 | 4.42 |
| Camarilla | 3.37 | 3.43 | 3.48 | 3.54 | 3.60 | 3.65 | 3.71 |
| Woodie | 2.63 | 2.87 | 3.24 | 3.48 | 3.85 | 4.09 | 4.46 |
| Fibonacci | 2.85 | 3.09 | 3.23 | 3.46 | 3.70 | 3.84 | 4.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.88 | 2.78 | 3.27 | 4.17 | 4.66 | 5.56 | 6.05 |
| Camarilla | 3.38 | 3.51 | 3.63 | 3.76 | 3.89 | 4.02 | 4.14 |
| Woodie | 1.68 | 2.68 | 3.07 | 4.07 | 4.46 | 5.46 | 5.85 |
| Fibonacci | 2.78 | 3.31 | 3.64 | 4.17 | 4.70 | 5.03 | 5.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -3.00 | 0.34 | 2.75 | 6.09 | 8.50 | 11.84 | 14.25 |
| Camarilla | 3.57 | 4.10 | 4.62 | 5.15 | 5.68 | 6.20 | 6.73 |
| Woodie | -3.48 | 0.11 | 2.28 | 5.86 | 8.03 | 11.61 | 13.78 |
| Fibonacci | 0.34 | 2.54 | 3.90 | 6.09 | 8.29 | 9.65 | 11.84 |
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): | 59.79 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 14.15 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 3.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.43 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 3.40 | |
| Zig ZAG (10): | 3.59 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 74.24 | |
| TEMA (21): | 3.58 | |
| Williams %R (14): | -18.18 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | 1.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 3.98 |
| MA7: | 3.60 | |
| MA20: | 4.18 | |
| MA50: | 5.25 | |
| MA100: | 6.93 | |
| MAexp7: | 3.57 | |
| MAexp20: | 3.53 | |
| MAexp50: | 3.49 | |
| MAexp100: | 3.54 | |
| Price / MA7: | +0.28% | |
| Price / MA20: | -13.64% | |
| Price / MA50: | -31.24% | |
| Price / MA100: | -47.91% | |
| Price / MAexp7: | +1.12% | |
| Price / MAexp20: | +2.27% | |
| Price / MAexp50: | +3.44% | |
| Price / MAexp100: | +1.98% |
Quotes :
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Real time data
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