NERVOS NETWORK - CKB/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	CKBUSDT
ISIN:

NERVOS NETWORK - CKB/USDT - Daily - Technical analysis published on 03/15/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

50%

17%

My opinion

Bearish under 0.012967 USDT

My targets

0.009310 USDT (-8.46%)

0.005777 USDT (-43.20%)

My analysis

NERVOS NETWORK - CKB/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.012967 USDT. The next support located at 0.009310 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.005777 USDT. Below this support, sellers could then target 0.002741 USDT. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

6.6

Comment on the analysis

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.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NERVOS NETWORK - CKB/USDT rating is 0.010170 USDT. On the day, this instrument lost -0.68% with the lowest point at 0.009975 USDT and the highest point at 0.010270 USDT. The deviation from the price is +1.95% for the low point and -0.97% for the high point.

0.009975

0.010270

0.010170

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of NERVOS NETWORK - CKB/USDT in Daily 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.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.002741	0.009310	0.010170	0.013910	0.019990	0.024142
Change (%)	-73.05%	-8.46%	-	+36.77%	+96.56%	+137.38%
Change	-0.007429	-0.000860	-	+0.003740	+0.009820	+0.013972
Level	Minor	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.009897	0.009973	0.010107	0.010183	0.010317	0.010393	0.010527
Camarilla	0.010182	0.010202	0.010221	0.010240	0.010259	0.010279	0.010298
Woodie	0.009925	0.009988	0.010135	0.010198	0.010345	0.010408	0.010555
Fibonacci	0.009973	0.010054	0.010103	0.010183	0.010264	0.010313	0.010393

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.008980	0.009640	0.010010	0.010670	0.011040	0.011700	0.012070
Camarilla	0.010097	0.010191	0.010286	0.010380	0.010474	0.010569	0.010663
Woodie	0.008835	0.009568	0.009865	0.010598	0.010895	0.011628	0.011925
Fibonacci	0.009640	0.010034	0.010277	0.010670	0.011064	0.011307	0.011700

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001533	0.005777	0.008723	0.012967	0.015913	0.020157	0.023103
Camarilla	0.009693	0.010352	0.011011	0.011670	0.012329	0.012988	0.013647
Woodie	0.000885	0.005453	0.008075	0.012643	0.015265	0.019833	0.022455
Fibonacci	0.005777	0.008523	0.010220	0.012967	0.015713	0.017410	0.020157

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	34.62
MACD (12,26,9):	-0.0009
Directional Movement:	-19.114173
AROON (14):	-92.857143
DEMA (21):	0.009850
Parabolic SAR (0,02-0,02-0,2):	0.010879
Elder Ray (13):	-0.000584
Super Trend (3,10):	0.011767
Zig ZAG (10):	0.010180
VORTEX (21):	0.9081
Stochastique (14,3,5):	6.29
TEMA (21):	0.010000
Williams %R (14):	-90.62
Chande Momentum Oscillator (20):	-0.001380
Repulse (5,40,3):	-1.8472
ROCnROLL:	2
TRIX (15,9):	-1.1241
Courbe Coppock:	19.64

MA7:	0.010420
MA20:	0.010973
MA50:	0.013208
MA100:	0.016988
MAexp7:	0.010386
MAexp20:	0.011152
MAexp50:	0.013267
MAexp100:	0.015569
Price / MA7:	-2.40%
Price / MA20:	-7.32%
Price / MA50:	-23.00%
Price / MA100:	-40.13%
Price / MAexp7:	-2.08%
Price / MAexp20:	-8.81%
Price / MAexp50:	-23.34%
Price / MAexp100:	-34.68%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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