NANO - NANO/USDT - 1H - Technical analysis published on 09/17/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.914460 USDT
My targets
0.931600 USDT (+1.65%)
1.011600 USDT (+10.38%)
My analysis
Nano - NANO/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.914460 USDT. The next resistance located at 0.931600 USDT is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.011600 USDT. After this resistance, buyers could then target 1.383000 USDT.
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
6.8
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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
Nano - NANO/USDT rating 0.916500 USDT. The price has increased by +2.90% since the last closing and was traded between 0.866700 USDT and 0.931700 USDT over the period. The price is currently at +5.75% from its lowest and -1.63% from its highest.0.866700
0.931700
0.916500
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.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of Nano - NANO/USDT in 1H 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.887900 | 0.903980 | 0.914460 | 0.916500 | 0.931600 | 1.011600 | 1.383000 |
| Change (%) | -3.12% | -1.37% | -0.22% | - | +1.65% | +10.38% | +50.90% |
| Change | -0.028600 | -0.012520 | -0.002040 | - | +0.015100 | +0.095100 | +0.466500 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
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 | 0.822900 | 0.845300 | 0.868000 | 0.890400 | 0.913100 | 0.935500 | 0.958200 |
| Camarilla | 0.878298 | 0.882432 | 0.886566 | 0.890700 | 0.894834 | 0.898968 | 0.903103 |
| Woodie | 0.823050 | 0.845375 | 0.868150 | 0.890475 | 0.913250 | 0.935575 | 0.958350 |
| Fibonacci | 0.845300 | 0.862528 | 0.873172 | 0.890400 | 0.907628 | 0.918272 | 0.935500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.809000 | 0.841000 | 0.871400 | 0.903400 | 0.933800 | 0.965800 | 0.996200 |
| Camarilla | 0.884640 | 0.890360 | 0.896080 | 0.901800 | 0.907520 | 0.913240 | 0.918960 |
| Woodie | 0.808200 | 0.840600 | 0.870600 | 0.903000 | 0.933000 | 0.965400 | 0.995400 |
| Fibonacci | 0.841000 | 0.864837 | 0.879563 | 0.903400 | 0.927237 | 0.941963 | 0.965800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.264133 | 0.581967 | 0.744333 | 1.062167 | 1.224533 | 1.542367 | 1.704733 |
| Camarilla | 0.774645 | 0.818663 | 0.862682 | 0.906700 | 0.950718 | 0.994737 | 1.038755 |
| Woodie | 0.186400 | 0.543100 | 0.666600 | 1.023300 | 1.146800 | 1.503500 | 1.627000 |
| Fibonacci | 0.581967 | 0.765403 | 0.878730 | 1.062167 | 1.245603 | 1.358930 | 1.542367 |
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): | 66.03 | |
| MACD (12,26,9): | 0.0041 | |
| Directional Movement: | 27.555529 | |
| AROON (14): | 49.999997 | |
| DEMA (21): | 0.892048 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.872289 | |
| Elder Ray (13): | 0.026394 | |
| Super Trend (3,10): | 0.883858 | |
| Zig ZAG (10): | 0.915700 | |
| VORTEX (21): | 1.1381 | |
| Stochastique (14,3,5): | 86.44 | |
| TEMA (21): | 0.899854 | |
| Williams %R (14): | -24.31 | |
| Chande Momentum Oscillator (20): | 0.039000 | |
| Repulse (5,40,3): | 2.1202 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0321 | |
| Courbe Coppock: | 3.48 |
| MA7: | 0.901471 | |
| MA20: | 0.928430 | |
| MA50: | 1.015162 | |
| MA100: | 1.171281 | |
| MAexp7: | 0.903398 | |
| MAexp20: | 0.889178 | |
| MAexp50: | 0.890674 | |
| MAexp100: | 0.894307 | |
| Price / MA7: | +1.67% | |
| Price / MA20: | -1.28% | |
| Price / MA50: | -9.72% | |
| Price / MA100: | -21.75% | |
| Price / MAexp7: | +1.45% | |
| Price / MAexp20: | +3.07% | |
| Price / MAexp50: | +2.90% | |
| Price / MAexp100: | +2.48% |
This member declared not having a position on this financial instrument or a related financial instrument.
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