NASH EXCHANGE - NEX/ETH

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Type:	Cryptocurrencies
Ticker:	NEXETH
ISIN:

NASH EXCHANGE - NEX/ETH - Daily - Technical analysis published on 03/07/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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NASH EXCHANGE - NEX/ETH Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.001005 ETH

My targets

0.001421 ETH (+13.50%)

0.001660 ETH (+32.59%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on NASH EXCHANGE - NEX/ETH. This is a positive signal for buyers. As long as the price remains above 0.001005 ETH, a purchase could be considered. The first bullish objective is located at 0.001421 ETH. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.001660 ETH as an objective. Crossing it would then enable buyers to target 0.002100 ETH. In the event of a return below 0.001005 ETH, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.9

Comment on the analysis

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.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

The NASH EXCHANGE - NEX/ETH rating is 0.001252 ETH. The price has increased by +43.58% since the last closing with the lowest point at 0.000857 ETH and the highest point at 0.001252 ETH. The deviation from the price is +46.09% for the low point and 0% for the high point.

0.000857

0.001252

Here is a more detailed summary of the historical variations registered by NASH EXCHANGE - NEX/ETH:

Abnormal volumes on NASH EXCHANGE - NEX/ETH were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of NASH EXCHANGE - NEX/ETH in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.000594	0.001252	0.001421	0.002100	0.002502
Change (%)	-52.56%	-	+13.50%	+67.73%	+99.84%
Change	-0.000658	-	+0.000169	+0.000848	+0.001250
Level	Major	-	Minor	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000409	0.000522	0.000697	0.000810	0.000985	0.001098	0.001273
Camarilla	0.000793	0.000819	0.000846	0.000872	0.000898	0.000925	0.000951
Woodie	0.000440	0.000538	0.000728	0.000826	0.001016	0.001114	0.001304
Fibonacci	0.000522	0.000632	0.000700	0.000810	0.000920	0.000988	0.001098

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.000282	0.000112	0.000492	0.000886	0.001266	0.001660	0.002040
Camarilla	0.000659	0.000730	0.000801	0.000872	0.000943	0.001014	0.001085
Woodie	-0.000289	0.000109	0.000485	0.000883	0.001259	0.001657	0.002033
Fibonacci	0.000112	0.000408	0.000590	0.000886	0.001182	0.001364	0.001660

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.000260	-0.000055	0.000270	0.000475	0.000800	0.001005	0.001330
Camarilla	0.000449	0.000498	0.000546	0.000595	0.000644	0.000692	0.000741
Woodie	-0.000200	-0.000025	0.000330	0.000505	0.000860	0.001035	0.001390
Fibonacci	-0.000055	0.000148	0.000273	0.000475	0.000678	0.000803	0.001005

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):	79.41
MACD (12,26,9):	0.0001
Directional Movement:	28.006437
AROON (14):	71.428573
DEMA (21):	0.000740
Parabolic SAR (0,02-0,02-0,2):	0.000595
Elder Ray (13):	0.000319
Super Trend (3,10):	0.000500
Zig ZAG (10):	0.001001
VORTEX (21):	1.1081
Stochastique (14,3,5):	64.81
TEMA (21):	0.000848
Williams %R (14):	-24.69
Chande Momentum Oscillator (20):	0.000476
Repulse (5,40,3):	12.6272
ROCnROLL:	1
TRIX (15,9):	0.9662
Courbe Coppock:	137.94

MA7:	0.000791
MA20:	0.000601
MA50:	0.000563
MA100:	0.000934
MAexp7:	0.000845
MAexp20:	0.000660
MAexp50:	0.000678
MAexp100:	0.000928
Price / MA7:	+58.28%
Price / MA20:	+108.32%
Price / MA50:	+122.38%
Price / MA100:	+34.05%
Price / MAexp7:	+48.17%
Price / MAexp20:	+89.70%
Price / MAexp50:	+84.66%
Price / MAexp100:	+34.91%

Quotes : 2021-03-07 07:54:44 - Real time data - Cryptocompare

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

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