NANO - NANO/USD - 1H - Technical analysis published on 09/01/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Neutral between 6.47 USD and 6.73 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 6.73 USD. The first support is located at 6.47 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by NANO - NANO/USD.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NANO - NANO/USD price is 6.55 USD. The price registered an increase of +2.50% on the session and was traded between 6.27 USD and 6.61 USD over the period. The price is currently at +4.47% from its lowest and -0.91% from its highest.6.27
6.61
6.55
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.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NANO - NANO/USD in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.14 | 6.38 | 6.47 | 6.55 | 6.73 | 6.85 | 7.02 |
| Change (%) | -6.26% | -2.60% | -1.22% | - | +2.75% | +4.58% | +7.18% |
| Change | -0.41 | -0.17 | -0.08 | - | +0.18 | +0.30 | +0.47 |
| Level | Minor | Intermediate | Minor | - | Minor | Minor | Major |
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 | 5.69 | 6.02 | 6.20 | 6.53 | 6.71 | 7.04 | 7.22 |
| Camarilla | 6.25 | 6.30 | 6.34 | 6.39 | 6.44 | 6.48 | 6.53 |
| Woodie | 5.63 | 5.98 | 6.14 | 6.49 | 6.65 | 7.00 | 7.16 |
| Fibonacci | 6.02 | 6.21 | 6.33 | 6.53 | 6.72 | 6.84 | 7.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.03 | 5.05 | 5.78 | 6.80 | 7.53 | 8.55 | 9.28 |
| Camarilla | 6.02 | 6.18 | 6.34 | 6.50 | 6.66 | 6.82 | 6.98 |
| Woodie | 3.88 | 4.98 | 5.63 | 6.73 | 7.38 | 8.48 | 9.13 |
| Fibonacci | 5.05 | 5.72 | 6.14 | 6.80 | 7.47 | 7.89 | 8.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.77 | 2.47 | 4.43 | 6.13 | 8.09 | 9.79 | 11.75 |
| Camarilla | 5.38 | 5.72 | 6.06 | 6.39 | 6.73 | 7.06 | 7.40 |
| Woodie | 0.90 | 2.54 | 4.56 | 6.20 | 8.22 | 9.86 | 11.88 |
| Fibonacci | 2.47 | 3.87 | 4.73 | 6.13 | 7.53 | 8.39 | 9.79 |
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): | 51.69 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -3.29 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 6.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.36 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 6.70 | |
| Zig ZAG (10): | 6.54 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 86.42 | |
| TEMA (21): | 6.49 | |
| Williams %R (14): | -11.76 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | 2.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 2.92 |
| MA7: | 6.49 | |
| MA20: | 6.43 | |
| MA50: | 5.17 | |
| MA100: | 5.53 | |
| MAexp7: | 6.50 | |
| MAexp20: | 6.48 | |
| MAexp50: | 6.52 | |
| MAexp100: | 6.55 | |
| Price / MA7: | +0.92% | |
| Price / MA20: | +1.87% | |
| Price / MA50: | +26.69% | |
| Price / MA100: | +18.44% | |
| Price / MAexp7: | +0.77% | |
| Price / MAexp20: | +1.08% | |
| Price / MAexp50: | +0.46% | |
| Price / MAexp100: | -0% |
Quotes :
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Real time data
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