Londinia Opportunities Analyses - 12/03/2021 (GMT) NEW BITSHARES - NBS/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | NBSUSDT |
| 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 0.023753 USDT
My targets
0.022093 USDT (-4.28%)
0.021237 USDT (-7.99%)
My analysis
The bearish trend is currently very strong for NEW BITSHARES - NBS/USDT. As long as the price remains below the resistance at 0.023753 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.022093 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.021237 USDT as an objective. Crossing it would then enable sellers to target 0.018306 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
Analysis too old. There are no more charts available.
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.
Additional analysis
Quotes
The NEW BITSHARES - NBS/USDT rating is 0.023080 USDT. On the day, this instrument lost -3.11% and was between 0.022790 USDT and 0.024630 USDT. This implies that the price is at +1.27% from its lowest and at -6.29% from its highest.0.022790
0.024630
0.023080
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of NEW BITSHARES - NBS/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel 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 | 0.014840 | 0.018306 | 0.022093 | 0.023080 | 0.023147 | 0.023753 | 0.024850 |
| Change (%) | -35.70% | -20.68% | -4.28% | - | +0.29% | +2.92% | +7.67% |
| Change | -0.008240 | -0.004774 | -0.000987 | - | +0.000067 | +0.000673 | +0.001770 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | 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 | 0.021787 | 0.022453 | 0.023137 | 0.023803 | 0.024487 | 0.025153 | 0.025837 |
| Camarilla | 0.023449 | 0.023573 | 0.023696 | 0.023820 | 0.023944 | 0.024068 | 0.024191 |
| Woodie | 0.021795 | 0.022458 | 0.023145 | 0.023808 | 0.024495 | 0.025158 | 0.025845 |
| Fibonacci | 0.022453 | 0.022969 | 0.023288 | 0.023803 | 0.024319 | 0.024638 | 0.025153 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014737 | 0.018653 | 0.021237 | 0.025153 | 0.027737 | 0.031653 | 0.034237 |
| Camarilla | 0.022033 | 0.022628 | 0.023224 | 0.023820 | 0.024416 | 0.025012 | 0.025608 |
| Woodie | 0.014070 | 0.018320 | 0.020570 | 0.024820 | 0.027070 | 0.031320 | 0.033570 |
| Fibonacci | 0.018653 | 0.021136 | 0.022670 | 0.025153 | 0.027636 | 0.029170 | 0.031653 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.002340 | 0.007790 | 0.016170 | 0.026300 | 0.034680 | 0.044810 | 0.053190 |
| Camarilla | 0.019460 | 0.021157 | 0.022853 | 0.024550 | 0.026247 | 0.027944 | 0.029640 |
| Woodie | -0.003215 | 0.007353 | 0.015295 | 0.025863 | 0.033805 | 0.044373 | 0.052315 |
| Fibonacci | 0.007790 | 0.014861 | 0.019229 | 0.026300 | 0.033371 | 0.037739 | 0.044810 |
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): | 32.16 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -3.544768 | |
| AROON (14): | -57.142853 | |
| DEMA (21): | 0.023436 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.024238 | |
| Elder Ray (13): | -0.000587 | |
| Super Trend (3,10): | 0.024178 | |
| Zig ZAG (10): | 0.022950 | |
| VORTEX (21): | 0.8830 | |
| Stochastique (14,3,5): | 10.65 | |
| TEMA (21): | 0.023354 | |
| Williams %R (14): | -90.76 | |
| Chande Momentum Oscillator (20): | -0.001310 | |
| Repulse (5,40,3): | -2.1173 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0418 | |
| Courbe Coppock: | 3.79 |
| MA7: | 0.024087 | |
| MA20: | 0.023866 | |
| MA50: | 0.021149 | |
| MA100: | 0.017376 | |
| MAexp7: | 0.023379 | |
| MAexp20: | 0.023646 | |
| MAexp50: | 0.023910 | |
| MAexp100: | 0.024140 | |
| Price / MA7: | -4.18% | |
| Price / MA20: | -3.29% | |
| Price / MA50: | +9.13% | |
| Price / MA100: | +32.83% | |
| Price / MAexp7: | -1.28% | |
| Price / MAexp20: | -2.39% | |
| Price / MAexp50: | -3.47% | |
| Price / MAexp100: | -4.39% |
Quotes :
-
Real time data
-
Cryptocompare