NANO - XNO/USDT - 1H - Technical analysis published on 02/15/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 6.08 USDT
My targets
7.35 USDT (+13.24%)
7.85 USDT (+20.96%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on NANO - NANO/USDT. This is a positive signal for buyers. As long as the price remains above 6.08 USDT, a purchase could be considered. The first bullish objective is located at 7.35 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.85 USDT as an objective. In the event of a return below 6.08 USDT, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7
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This analysis was given by pascalhaux. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NANO - NANO/USDT price is 6.49 USDT. On the day, this instrument gained +11.13% and was between 4.98 USDT and 6.59 USDT. This implies that the price is at +30.32% from its lowest and at -1.52% from its highest.4.98
6.59
6.49
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of NANO - NANO/USDT in 1H shows an overall bullish trend. 67.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.35 | 4.90 | 6.08 | 6.49 | 7.85 |
| Change (%) | -32.97% | -24.50% | -6.32% | - | +20.96% |
| Change | -2.14 | -1.59 | -0.41 | - | +1.36 |
| 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 | 4.48 | 5.03 | 5.43 | 5.98 | 6.39 | 6.94 | 7.34 |
| Camarilla | 5.58 | 5.66 | 5.75 | 5.84 | 5.93 | 6.01 | 6.10 |
| Woodie | 4.41 | 4.99 | 5.36 | 5.94 | 6.32 | 6.90 | 7.27 |
| Fibonacci | 5.03 | 5.39 | 5.62 | 5.98 | 6.34 | 6.57 | 6.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.49 | 1.45 | 3.97 | 5.91 | 8.44 | 10.37 | 12.90 |
| Camarilla | 5.27 | 5.68 | 6.09 | 6.50 | 6.91 | 7.32 | 7.72 |
| Woodie | -0.20 | 1.60 | 4.27 | 6.06 | 8.73 | 10.52 | 13.19 |
| Fibonacci | 1.45 | 3.15 | 4.21 | 5.91 | 7.62 | 8.67 | 10.37 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.94 | -0.97 | 1.22 | 3.19 | 5.38 | 7.35 | 9.54 |
| Camarilla | 2.26 | 2.64 | 3.02 | 3.40 | 3.79 | 4.17 | 4.55 |
| Woodie | -2.84 | -0.92 | 1.32 | 3.24 | 5.48 | 7.40 | 9.64 |
| Fibonacci | -0.97 | 0.62 | 1.60 | 3.19 | 4.78 | 5.76 | 7.35 |
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): | 59.11 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | 9.37 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 5.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.14 | |
| Elder Ray (13): | 0.45 | |
| Super Trend (3,10): | 5.51 | |
| Zig ZAG (10): | 6.23 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 87.41 | |
| TEMA (21): | 5.85 | |
| Williams %R (14): | -8.76 | |
| Chande Momentum Oscillator (20): | 0.60 | |
| Repulse (5,40,3): | 6.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.3600 | |
| Courbe Coppock: | 0.54 |
| MA7: | 5.79 | |
| MA20: | 4.34 | |
| MA50: | 3.35 | |
| MA100: | 2.17 | |
| MAexp7: | 6.06 | |
| MAexp20: | 5.79 | |
| MAexp50: | 5.93 | |
| MAexp100: | 5.83 | |
| Price / MA7: | +12.09% | |
| Price / MA20: | +49.54% | |
| Price / MA50: | +93.73% | |
| Price / MA100: | +199.08% | |
| Price / MAexp7: | +7.10% | |
| Price / MAexp20: | +12.09% | |
| Price / MAexp50: | +9.44% | |
| Price / MAexp100: | +11.32% |
Quotes :
2021-02-15 15:05:26
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Real time data
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Cryptocompare
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