Londinia Opportunities Analyses - 01/22/2022 (GMT) NEXTDAO - NAX/USDT - 1H

NEXTDAO - NAX/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: NAXUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
22%
11%
My opinion
Bullish above 0.001782 USDT
My targets
0.001982 USDT (+6.62%)
0.002020 USDT (+8.66%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEXTDAO - NAX/USDT as long as the price remains well above 0.001782 USDT. The buyers' bullish objective is set at 0.001982 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.002020 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.5

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

NEXTDAO - NAX/USDT rating 0.001859 USDT. The price has increased by +22.38% since the last closing and was between 0.001287 USDT and 0.002050 USDT. This implies that the price is at +44.44% from its lowest and at -9.32% from its highest.

0.001287
0.002050
0.001859

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
Abnormal volumes on NEXTDAO - NAX/USDT were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


A technical analysis in 1H of this NEXTDAO - NAX/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.001253 0.001371 0.001682 0.001859 0.002020
Change (%) -32.60% -26.25% -9.52% - +8.66%
Change -0.000606 -0.000488 -0.000177 - +0.000161
Level Minor Major 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-0.0010000.0000020.0007600.0017620.0025200.0035220.004280
Camarilla0.0010350.0011960.0013580.0015190.0016800.0018420.002003
Woodie-0.001121-0.0000590.0006390.0017010.0023990.0034610.004159
Fibonacci0.0000020.0006740.0010890.0017620.0024340.0028490.003522


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0009360.0010090.0010520.0011250.0011680.0012410.001284
Camarilla0.0010640.0010750.0010850.0010960.0011070.0011170.001128
Woodie0.0009220.0010020.0010380.0011180.0011540.0012340.001270
Fibonacci0.0010090.0010530.0010800.0011250.0011690.0011960.001241


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0005030.0007960.0009960.0012890.0014890.0017820.001982
Camarilla0.0010600.0011060.0011510.0011960.0012410.0012860.001332
Woodie0.0004570.0007730.0009500.0012660.0014430.0017590.001936
Fibonacci0.0007960.0009840.0011010.0012890.0014770.0015940.001782

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): 59.03
MACD (12,26,9): 0.0001
Directional Movement: 32.081022
AROON (14): 71.428571
DEMA (21): 0.001498
Parabolic SAR (0,02-0,02-0,2): 0.002676
Elder Ray (13): 0.000060
Super Trend (3,10): 0.002194
Zig ZAG (10): 0.001462
VORTEX (21): 1.1146
Stochastique (14,3,5): 27.68
TEMA (21): 0.001594
Williams %R (14): -73.90
Chande Momentum Oscillator (20): 0.000442
Repulse (5,40,3): -2.0019
ROCnROLL: 1
TRIX (15,9): 1.2854
Courbe Coppock: 95.91
MA7: 0.001193
MA20: 0.001180
MA50: 0.001243
MA100: 0.001375
MAexp7: 0.001498
MAexp20: 0.001341
MAexp50: 0.001204
MAexp100: 0.001141
Price / MA7: +55.83%
Price / MA20: +57.54%
Price / MA50: +49.56%
Price / MA100: +35.20%
Price / MAexp7: +24.10%
Price / MAexp20: +38.63%
Price / MAexp50: +54.40%
Price / MAexp100: +62.93%

Quotes : - Real time data - Cryptocompare