NEWTON - NEW/USDT
NEWTON - NEW/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: NEWUSDT
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NEWTON - NEW/USDT - Daily - Technical analysis published on 12/04/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.002423 USDT
My targets
0.001966 USDT (-12.31%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on NEWTON - NEW/USDT as long as the price remains well below 0.002423 USDT. The sellers” bearish objective is set at 0.001966 USDT. A bearish break of this support would revive the bearish momentum. 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
7.3

Complete this analysis for another time unit:
15 min. 1H Weekly
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 NEWTON - NEW/USDT price is 0.002242 USDT. The price registered a decrease of -3.82% on the session and was traded between 0.002037 USDT and 0.002331 USDT over the period. The price is currently at +10.06% from its lowest and -3.82% from its highest.

0.002037
0.002331
0.002242

Here is a more detailed summary of the historical variations registered by NEWTON - NEW/USDT:

Technical


Technical analysis of NEWTON - NEW/USDT in Daily shows a overall strongly bearish trend. 89.29% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.001966 0.002242 0.002423 0.002690 0.003431
Change (%) -12.31% - +8.07% +19.98% +53.03%
Change -0.000276 - +0.000181 +0.000448 +0.001189
Level Intermediate - Intermediate Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0021060.0022040.0022670.0023650.0024280.0025260.002589
Camarilla0.0022870.0023020.0023160.0023310.0023460.0023610.002375
Woodie0.0020900.0021950.0022510.0023560.0024120.0025170.002573
Fibonacci0.0022040.0022650.0023030.0023650.0024260.0024640.002526


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0015450.0018770.0022010.0025330.0028570.0031890.003513
Camarilla0.0023460.0024060.0024660.0025260.0025860.0026460.002706
Woodie0.0015420.0018750.0021980.0025310.0028540.0031870.003510
Fibonacci0.0018770.0021270.0022820.0025330.0027830.0029380.003189


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0002310.0012190.0018730.0028610.0035150.0045030.005157
Camarilla0.0020750.0022250.0023760.0025260.0026770.0028270.002978
Woodie0.0000630.0011360.0017050.0027780.0033470.0044200.004989
Fibonacci0.0012190.0018470.0022340.0028610.0034890.0038760.004503

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): 21.61
MACD (12,26,9): -0.0003
Directional Movement: -30.228503
AROON (14): -100.000000
DEMA (21): 0.002400
Parabolic SAR (0,02-0,02-0,2): 0.002598
Elder Ray (13): -0.000421
Super Trend (3,10): 0.002801
Zig ZAG (10): 0.002262
VORTEX (21): 0.6520
Stochastique (14,3,5): 14.08
TEMA (21): 0.002216
Williams %R (14): -83.93
Chande Momentum Oscillator (20): -0.000605
Repulse (5,40,3): -3.2233
ROCnROLL: 2
TRIX (15,9): -1.1560
Courbe Coppock: 56.08
MA7: 0.002454
MA20: 0.002875
MA50: 0.003319
MA100: 0.003234
MAexp7: 0.002442
MAexp20: 0.002771
MAexp50: 0.003086
MAexp100: 0.003152
Price / MA7: -8.64%
Price / MA20: -22.02%
Price / MA50: -32.45%
Price / MA100: -30.67%
Price / MAexp7: -8.19%
Price / MAexp20: -19.09%
Price / MAexp50: -27.35%
Price / MAexp100: -28.87%

This member declared not having a position on this financial instrument or a related financial instrument.

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