NEXO - NEXO/USDT - 1H - Technical analysis published on 06/17/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
44%
6%
50%
My opinion
Neutral between 1.81 USDT and 2.01 USDT
My targets
-
My analysis
The short-term increase on NEXO - NEXO/USDT remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 2.01 USDT. The first support is located at 1.81 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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
The NEXO - NEXO/USDT price is 1.89 USDT. The price has increased by +8.00% since the last closing and was between 1.74 USDT and 1.96 USDT. This implies that the price is at +8.62% from its lowest and at -3.57% from its highest.1.74
1.96
1.89
Here is a more detailed summary of the historical variations registered by NEXO - NEXO/USDT:
Technical
Technical analysis of this 1H chart of NEXO - NEXO/USDT indicates that the overall trend is slightly bearish. 53.57% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.67 | 1.74 | 1.81 | 1.89 | 2.01 | 2.13 | 2.21 |
| Change (%) | -11.64% | -7.94% | -4.23% | - | +6.35% | +12.70% | +16.93% |
| Change | -0.22 | -0.15 | -0.08 | - | +0.12 | +0.24 | +0.32 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.44 | 1.56 | 1.65 | 1.77 | 1.86 | 1.98 | 2.07 |
| Camarilla | 1.69 | 1.71 | 1.73 | 1.75 | 1.77 | 1.79 | 1.81 |
| Woodie | 1.44 | 1.55 | 1.65 | 1.76 | 1.86 | 1.97 | 2.07 |
| Fibonacci | 1.56 | 1.64 | 1.69 | 1.77 | 1.85 | 1.90 | 1.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 1.31 | 1.59 | 2.06 | 2.34 | 2.81 | 3.09 |
| Camarilla | 1.65 | 1.72 | 1.79 | 1.86 | 1.93 | 2.00 | 2.07 |
| Woodie | 0.74 | 1.26 | 1.49 | 2.01 | 2.24 | 2.76 | 2.99 |
| Fibonacci | 1.31 | 1.60 | 1.78 | 2.06 | 2.35 | 2.53 | 2.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.34 | -0.65 | 0.69 | 2.38 | 3.72 | 5.41 | 6.75 |
| Camarilla | 1.19 | 1.47 | 1.74 | 2.02 | 2.30 | 2.58 | 2.85 |
| Woodie | -2.53 | -0.74 | 0.51 | 2.29 | 3.54 | 5.32 | 6.57 |
| Fibonacci | -0.65 | 0.51 | 1.23 | 2.38 | 3.54 | 4.26 | 5.41 |
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): | 51.34 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 2.25 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 1.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.96 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 1.83 | |
| Zig ZAG (10): | 1.85 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 51.42 | |
| TEMA (21): | 1.89 | |
| Williams %R (14): | -45.00 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 10.96 |
| MA7: | 1.87 | |
| MA20: | 2.00 | |
| MA50: | 2.67 | |
| MA100: | 2.81 | |
| MAexp7: | 1.87 | |
| MAexp20: | 1.84 | |
| MAexp50: | 1.84 | |
| MAexp100: | 1.87 | |
| Price / MA7: | +1.07% | |
| Price / MA20: | -5.50% | |
| Price / MA50: | -29.21% | |
| Price / MA100: | -32.74% | |
| Price / MAexp7: | +1.07% | |
| Price / MAexp20: | +2.72% | |
| Price / MAexp50: | +2.72% | |
| Price / MAexp100: | +1.07% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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