NEST PROTOCOL - NEST/USDT
NEST PROTOCOL - NEST/USDT
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Type: Cryptocurrencies
Ticker: NESTUSDT
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NEST PROTOCOL - NEST/USDT - Daily - Technical analysis published on 08/11/2021 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.018650 USDT
My targets
0.020605 USDT (+0.51%)
0.025480 USDT (+24.29%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NEST PROTOCOL - NEST/USDT. This is a positive signal for buyers. As long as the price remains above 0.018650 USDT, a purchase could be considered. The first bullish objective is located at 0.020605 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.025480 USDT as an objective. Crossing it would then enable buyers to target 0.035090 USDT. In the event of a return below 0.018650 USDT, 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
0
10
6.6

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 mywong. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NEST PROTOCOL - NEST/USDT rating is 0.020500 USDT. The price is lower by -0.10% since the last closing and was traded between 0.019650 USDT and 0.021140 USDT over the period. The price is currently at +4.33% from its lowest and -3.03% from its highest.

0.019650
0.021140
0.020500

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in Daily of this NEST PROTOCOL - NEST/USDT chart shows a bullish trend. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.009461 0.018650 0.020500 0.035090 0.043612 0.062050
Change (%) -53.85% -9.02% - +71.17% +112.74% +202.68%
Change -0.011039 -0.001850 - +0.014590 +0.023112 +0.041550
Level Major Intermediate - Minor Minor Major



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
Standard0.0150100.0170800.0188000.0208700.0225900.0246600.026380
Camarilla0.0194780.0198250.0201730.0205200.0208670.0212150.021562
Woodie0.0148350.0169930.0186250.0207830.0224150.0245730.026205
Fibonacci0.0170800.0185280.0194220.0208700.0223180.0232120.024660


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0028500.0072000.0119900.0163400.0211300.0254800.030270
Camarilla0.0142670.0151040.0159420.0167800.0176180.0184560.019294
Woodie0.0030700.0073100.0122100.0164500.0213500.0255900.030490
Fibonacci0.0072000.0106920.0128490.0163400.0198320.0219890.025480


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0031180.0059950.0089470.0118240.0147760.0176530.020605
Camarilla0.0102970.0108310.0113660.0119000.0124340.0129690.013503
Woodie0.0031570.0060140.0089860.0118430.0148150.0176720.020644
Fibonacci0.0059950.0082210.0095970.0118240.0140500.0154260.017653

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): 79.12
MACD (12,26,9): 0.0024
Directional Movement: 37.271662
AROON (14): 85.714287
DEMA (21): 0.017790
Parabolic SAR (0,02-0,02-0,2): 0.016048
Elder Ray (13): 0.003832
Super Trend (3,10): 0.013304
Zig ZAG (10): 0.020800
VORTEX (21): 1.2443
Stochastique (14,3,5): 72.71
TEMA (21): 0.020042
Williams %R (14): -25.23
Chande Momentum Oscillator (20): 0.009710
Repulse (5,40,3): 6.3867
ROCnROLL: 1
TRIX (15,9): 1.7825
Courbe Coppock: 154.93
MA7: 0.018636
MA20: 0.013734
MA50: 0.011904
MA100: 0.016172
MAexp7: 0.018496
MAexp20: 0.015142
MAexp50: 0.014122
MAexp100: 0.017927
Price / MA7: +10.00%
Price / MA20: +49.26%
Price / MA50: +72.21%
Price / MA100: +26.76%
Price / MAexp7: +10.83%
Price / MAexp20: +35.39%
Price / MAexp50: +45.16%
Price / MAexp100: +14.35%

Quotes : - Real time data - Cryptocompare

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

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