NEO - NEO/USDT - 1H - Technical analysis published on 09/16/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 20.62 USDT
My targets
21.52 USDT (+1.56%)
23.68 USDT (+11.76%)
My analysis
A bullish trend on NEO - NEO/USDT both in substance and in the short term. A purchase could be considered as long as the price remains above 20.62 USDT. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 21.52 USDT. Then the price could move towards 23.68 USDT. Then 44.79 USDT by extension. Be careful, a return below 20.62 USDT would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.4
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This analysis was given by Monocle360. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEO - NEO/USDT rating is 21.19 USDT. On the day, this instrument gained +4.75% and was traded between 19.44 USDT and 21.75 USDT over the period. The price is currently at +9.00% from its lowest and -2.57% from its highest.19.44
21.75
21.19
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 : 20 days
Technical
Technical analysis of NEO - NEO/USDT in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 18.57 | 19.29 | 20.62 | 21.19 | 21.52 | 44.79 | 90.64 |
| Change (%) | -12.36% | -8.97% | -2.69% | - | +1.56% | +111.37% | +327.75% |
| Change | -2.62 | -1.90 | -0.57 | - | +0.33 | +23.60 | +69.45 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | 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 | 17.08 | 18.60 | 19.42 | 20.94 | 21.76 | 23.28 | 24.10 |
| Camarilla | 19.59 | 19.80 | 20.02 | 20.23 | 20.45 | 20.66 | 20.87 |
| Woodie | 16.72 | 18.43 | 19.06 | 20.77 | 21.40 | 23.11 | 23.74 |
| Fibonacci | 18.60 | 19.50 | 20.05 | 20.94 | 21.84 | 22.39 | 23.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.94 | 13.93 | 17.81 | 19.80 | 23.68 | 25.67 | 29.55 |
| Camarilla | 20.09 | 20.62 | 21.16 | 21.70 | 22.24 | 22.78 | 23.31 |
| Woodie | 12.90 | 14.40 | 18.77 | 20.27 | 24.64 | 26.14 | 30.51 |
| Fibonacci | 13.93 | 16.17 | 17.55 | 19.80 | 22.04 | 23.42 | 25.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.17 | 7.59 | 14.01 | 18.43 | 24.85 | 29.27 | 35.69 |
| Camarilla | 17.44 | 18.43 | 19.43 | 20.42 | 21.41 | 22.41 | 23.40 |
| Woodie | 4.16 | 8.09 | 15.00 | 18.93 | 25.84 | 29.77 | 36.68 |
| Fibonacci | 7.59 | 11.73 | 14.29 | 18.43 | 22.57 | 25.13 | 29.27 |
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): | 54.77 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 7.03 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 21.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 20.49 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 20.17 | |
| Zig ZAG (10): | 21.38 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 86.00 | |
| TEMA (21): | 21.35 | |
| Williams %R (14): | -16.88 | |
| Chande Momentum Oscillator (20): | 1.00 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 10.28 |
| MA7: | 20.64 | |
| MA20: | 19.51 | |
| MA50: | 16.68 | |
| MA100: | 13.70 | |
| MAexp7: | 21.33 | |
| MAexp20: | 21.08 | |
| MAexp50: | 21.01 | |
| MAexp100: | 20.66 | |
| Price / MA7: | +2.66% | |
| Price / MA20: | +8.61% | |
| Price / MA50: | +27.04% | |
| Price / MA100: | +54.67% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | +0.52% | |
| Price / MAexp50: | +0.86% | |
| Price / MAexp100: | +2.57% |
Quotes :
2020-09-16 14:49:46
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Real time data
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Cryptocompare
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