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%
17%
17%
My opinion
Bullish above 0.001682 USDT
My targets
0.001782 USDT (+4.15%)
0.001982 USDT (+15.84%)
My analysis
NEXTDAO - NAX/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 0.001682 USDT. The next resistance located at 0.001782 USDT is the next bullish objective 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 0.001982 USDT. After this resistance, buyers could then target 0.002020 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem 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
7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The NEXTDAO - NAX/USDT price is 0.001711 USDT. On the day, this instrument gained +12.64% and was between 0.001287 USDT and 0.002050 USDT. This implies that the price is at +32.94% from its lowest and at -16.54% from its highest.

0.001287
0.002050
0.001711

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.

Central Gaps

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:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of NEXTDAO - NAX/USDT in 1H shows a strongly overall 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 market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 0.001253 0.001371 0.001682 0.001711 0.002020 0.002763
Change (%) -26.77% -19.87% -1.69% - +18.06% +61.48%
Change -0.000458 -0.000340 -0.000029 - +0.000309 +0.001052
Level Major Major Minor - Intermediate 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): 57.33
MACD (12,26,9): 0.0001
Directional Movement: 31.909975
AROON (14): 14.285714
DEMA (21): 0.001596
Parabolic SAR (0,02-0,02-0,2): 0.002289
Elder Ray (13): 0.000080
Super Trend (3,10): 0.002142
Zig ZAG (10): 0.001635
VORTEX (21): 1.0823
Stochastique (14,3,5): 23.50
TEMA (21): 0.001643
Williams %R (14): -67.15
Chande Momentum Oscillator (20): -0.000102
Repulse (5,40,3): 3.1428
ROCnROLL: 1
TRIX (15,9): 1.4145
Courbe Coppock: 42.85
MA7: 0.001222
MA20: 0.001183
MA50: 0.001244
MA100: 0.001376
MAexp7: 0.001554
MAexp20: 0.001456
MAexp50: 0.001302
MAexp100: 0.001204
Price / MA7: +40.02%
Price / MA20: +44.63%
Price / MA50: +37.54%
Price / MA100: +24.35%
Price / MAexp7: +10.10%
Price / MAexp20: +17.51%
Price / MAexp50: +31.41%
Price / MAexp100: +42.11%

Quotes : - Real time data - Cryptocompare