NEM (X100) - XEM/BTC - 15 min. - Technical analysis published on 01/22/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.000682 BTC
My targets
0.000645 BTC (-1.93%)
0.000629 BTC (-4.45%)
My analysis
NEM (X100) - XEM/BTC 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 0.000682 BTC. The next support located at 0.000645 BTC 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 0.000629 BTC. Below this support, sellers could then target 0.000592 BTC. 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.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7
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This analysis was given by BCFI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NEM (X100) - XEM/BTC rating 0.000658 BTC. The price is lower by -4.08% since the last closing and was between 0.000655 BTC and 0.000690 BTC. This implies that the price is at +0.46% from its lowest and at -4.64% from its highest.0.000655
0.000690
0.000658
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 15 min. of this NEM (X100) - XEM/BTC chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.000570 | 0.000592 | 0.000645 | 0.000658 | 0.000662 | 0.000678 | 0.000696 |
| Change (%) | -13.37% | -10.03% | -1.98% | - | +0.61% | +3.04% | +5.78% |
| Change | -0.000088 | -0.000066 | -0.000013 | - | +0.000004 | +0.000020 | +0.000038 |
| Level | Major | Minor | Major | - | Intermediate | 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 | 0.000629 | 0.000645 | 0.000666 | 0.000682 | 0.000703 | 0.000719 | 0.000740 |
| Camarilla | 0.000676 | 0.000679 | 0.000683 | 0.000686 | 0.000689 | 0.000693 | 0.000696 |
| Woodie | 0.000631 | 0.000646 | 0.000668 | 0.000683 | 0.000705 | 0.000720 | 0.000742 |
| Fibonacci | 0.000645 | 0.000660 | 0.000668 | 0.000682 | 0.000697 | 0.000705 | 0.000719 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000478 | 0.000520 | 0.000560 | 0.000602 | 0.000642 | 0.000684 | 0.000724 |
| Camarilla | 0.000578 | 0.000586 | 0.000594 | 0.000601 | 0.000609 | 0.000616 | 0.000624 |
| Woodie | 0.000478 | 0.000520 | 0.000560 | 0.000602 | 0.000642 | 0.000684 | 0.000724 |
| Fibonacci | 0.000520 | 0.000551 | 0.000570 | 0.000602 | 0.000633 | 0.000652 | 0.000684 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000520 | 0.000042 | 0.000376 | 0.000938 | 0.001272 | 0.001834 | 0.002168 |
| Camarilla | 0.000464 | 0.000546 | 0.000628 | 0.000710 | 0.000792 | 0.000874 | 0.000956 |
| Woodie | -0.000634 | -0.000015 | 0.000262 | 0.000881 | 0.001158 | 0.001777 | 0.002054 |
| Fibonacci | 0.000042 | 0.000384 | 0.000596 | 0.000938 | 0.001280 | 0.001492 | 0.001834 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 40.95 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -7.779865 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.000659 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.000662 | |
| Elder Ray (13): | -0.000002 | |
| Super Trend (3,10): | 0.000669 | |
| Zig ZAG (10): | 0.000658 | |
| VORTEX (21): | 0.8533 | |
| Stochastique (14,3,5): | 9.09 | |
| TEMA (21): | 0.000658 | |
| Williams %R (14): | -91.67 | |
| Chande Momentum Oscillator (20): | -0.000002 | |
| Repulse (5,40,3): | -0.2999 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0596 | |
| Courbe Coppock: | 1.70 |
| MA7: | 0.000653 | |
| MA20: | 0.000627 | |
| MA50: | 0.000912 | |
| MA100: | 0.000874 | |
| MAexp7: | 0.000659 | |
| MAexp20: | 0.000663 | |
| MAexp50: | 0.000667 | |
| MAexp100: | 0.000670 | |
| Price / MA7: | +0.77% | |
| Price / MA20: | +4.94% | |
| Price / MA50: | -27.85% | |
| Price / MA100: | -24.71% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.75% | |
| Price / MAexp50: | -1.35% | |
| Price / MAexp100: | -1.79% |
Quotes :
2021-01-22 23:32:20
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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