NEST PROTOCOL - NEST/USDT

- USDT (-)

- Real time data - CoinMarketCap

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	NESTUSDT
ISIN:

NEST PROTOCOL - NEST/USDT - Daily - Technical analysis published on 08/16/2021 (GMT)

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.018650 USDT

My targets

0.024393 USDT (+15.94%)

0.028167 USDT (+33.87%)

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 0.024393 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.028167 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

6.4

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 mywong. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NEST PROTOCOL - NEST/USDT price is 0.021040 USDT. On the day, this instrument gained +4.37% and was traded between 0.019970 USDT and 0.021040 USDT over the period. The price is currently at +5.36% from its lowest and 0% from its highest.

0.019970

0.021040

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Abnormal volumes on NEST PROTOCOL - NEST/USDT were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of NEST PROTOCOL - NEST/USDT in Daily shows an overall 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 market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.009461	0.018650	0.021040	0.035090	0.043612	0.062050
Change (%)	-55.03%	-11.36%	-	+66.78%	+107.28%	+194.91%
Change	-0.011579	-0.002390	-	+0.014050	+0.022572	+0.041010
Level	Major	Intermediate	-	Minor	Minor	Major

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
Standard	0.018463	0.019067	0.019613	0.020217	0.020763	0.021367	0.021913
Camarilla	0.019844	0.019949	0.020055	0.020160	0.020265	0.020371	0.020476
Woodie	0.018435	0.019053	0.019585	0.020203	0.020735	0.021353	0.021885
Fibonacci	0.019067	0.019506	0.019777	0.020217	0.020656	0.020927	0.021367

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.009053	0.012827	0.016723	0.020497	0.024393	0.028167	0.032063
Camarilla	0.018511	0.019214	0.019917	0.020620	0.021323	0.022026	0.022729
Woodie	0.009115	0.012858	0.016785	0.020528	0.024455	0.028198	0.032125
Fibonacci	0.012827	0.015757	0.017567	0.020497	0.023427	0.025237	0.028167

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.003118	0.005995	0.008947	0.011824	0.014776	0.017653	0.020605
Camarilla	0.010297	0.010831	0.011366	0.011900	0.012434	0.012969	0.013503
Woodie	0.003157	0.006014	0.008986	0.011843	0.014815	0.017672	0.020644
Fibonacci	0.005995	0.008221	0.009597	0.011824	0.014050	0.015426	0.017653

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	72.13
MACD (12,26,9):	0.0024
Directional Movement:	25.507027
AROON (14):	42.857143
DEMA (21):	0.020299
Parabolic SAR (0,02-0,02-0,2):	0.019507
Elder Ray (13):	0.001756
Super Trend (3,10):	0.014262
Zig ZAG (10):	0.020830
VORTEX (21):	1.2075
Stochastique (14,3,5):	70.60
TEMA (21):	0.021894
Williams %R (14):	-27.20
Chande Momentum Oscillator (20):	0.005370
Repulse (5,40,3):	5.4272
ROCnROLL:	1
TRIX (15,9):	2.4770
Courbe Coppock:	124.17

MA7:	0.020166
MA20:	0.016624
MA50:	0.013030
MA100:	0.015302
MAexp7:	0.019873
MAexp20:	0.017294
MAexp50:	0.015327
MAexp100:	0.018136
Price / MA7:	+4.33%
Price / MA20:	+26.56%
Price / MA50:	+61.47%
Price / MA100:	+37.50%
Price / MAexp7:	+5.87%
Price / MAexp20:	+21.66%
Price / MAexp50:	+37.27%
Price / MAexp100:	+16.01%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15830

Number of analyses :

94931

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…