Londinia Opportunities Analyses - 06/15/2021 (GMT) NIMIQ (X10000) - NIM/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | NIMETH |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 0.026800 ETH
My targets
0.027700 ETH (+1.84%)
0.028500 ETH (+4.78%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NIMIQ (X10000) - NIM/ETH as long as the price remains well above 0.026800 ETH. The buyers' bullish objective is set at 0.027700 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.028500 ETH. If there is any crossing, the next objective would be the resistance located at 0.035450 ETH. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
6.8
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The NIMIQ (X10000) - NIM/ETH price is 0.027200 ETH. On the day, this instrument lost -1.45% with the lowest point at 0.026600 ETH and the highest point at 0.027500 ETH. The deviation from the price is +2.26% for the low point and -1.09% for the high point.0.026600
0.027500
0.027200
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of NIMIQ (X10000) - NIM/ETH indicates that the overall trend is strongly bullish. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.024300 | 0.025500 | 0.026800 | 0.027200 | 0.027700 | 0.028500 | 0.035450 |
| Change (%) | -10.66% | -6.25% | -1.47% | - | +1.84% | +4.78% | +30.33% |
| Change | -0.002900 | -0.001700 | -0.000400 | - | +0.000500 | +0.001300 | +0.008250 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.023300 | 0.024200 | 0.025900 | 0.026800 | 0.028500 | 0.029400 | 0.031100 |
| Camarilla | 0.026885 | 0.027123 | 0.027362 | 0.027600 | 0.027838 | 0.028077 | 0.028315 |
| Woodie | 0.023700 | 0.024400 | 0.026300 | 0.027000 | 0.028900 | 0.029600 | 0.031500 |
| Fibonacci | 0.024200 | 0.025193 | 0.025807 | 0.026800 | 0.027793 | 0.028407 | 0.029400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017700 | 0.019600 | 0.022900 | 0.024800 | 0.028100 | 0.030000 | 0.033300 |
| Camarilla | 0.024770 | 0.025247 | 0.025723 | 0.026200 | 0.026677 | 0.027153 | 0.027630 |
| Woodie | 0.018400 | 0.019950 | 0.023600 | 0.025150 | 0.028800 | 0.030350 | 0.034000 |
| Fibonacci | 0.019600 | 0.021586 | 0.022814 | 0.024800 | 0.026786 | 0.028014 | 0.030000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.005133 | 0.007233 | 0.015767 | 0.028133 | 0.036667 | 0.049033 | 0.057567 |
| Camarilla | 0.018553 | 0.020468 | 0.022384 | 0.024300 | 0.026216 | 0.028132 | 0.030048 |
| Woodie | -0.007050 | 0.006275 | 0.013850 | 0.027175 | 0.034750 | 0.048075 | 0.055650 |
| Fibonacci | 0.007233 | 0.015217 | 0.020150 | 0.028133 | 0.036117 | 0.041050 | 0.049033 |
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): | 56.67 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 6.501617 | |
| AROON (14): | -64.285712 | |
| DEMA (21): | 0.027203 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.027501 | |
| Elder Ray (13): | 0.000184 | |
| Super Trend (3,10): | 0.026431 | |
| Zig ZAG (10): | 0.027200 | |
| VORTEX (21): | 0.8955 | |
| Stochastique (14,3,5): | 60.00 | |
| TEMA (21): | 0.027162 | |
| Williams %R (14): | -40.00 | |
| Chande Momentum Oscillator (20): | -0.000300 | |
| Repulse (5,40,3): | -0.1609 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1218 | |
| Courbe Coppock: | 1.20 |
| MA7: | 0.025900 | |
| MA20: | 0.024680 | |
| MA50: | 0.027638 | |
| MA100: | 0.041480 | |
| MAexp7: | 0.026935 | |
| MAexp20: | 0.026937 | |
| MAexp50: | 0.026513 | |
| MAexp100: | 0.025945 | |
| Price / MA7: | +5.02% | |
| Price / MA20: | +10.21% | |
| Price / MA50: | -1.58% | |
| Price / MA100: | -34.43% | |
| Price / MAexp7: | +0.98% | |
| Price / MAexp20: | +0.98% | |
| Price / MAexp50: | +2.59% | |
| Price / MAexp100: | +4.84% |
Quotes :
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Real time data
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Cryptocompare