NEM - XEM/USD - 1H - Technical analysis published on 02/25/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 0.020206 USD
My targets
0.020046 USD (-0.18%)
0.017468 USD (-13.02%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NEM - XEM/USD. As long as you are under the resistance located at 0.020206 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.020046 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.017468 USD as an objective. Crossing it would then enable sellers to target 0.015075 USD. If the resistance 0.020206 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NEM - XEM/USD rating 0.020082 USD. The price registered a decrease of -0.42% on the session and was between 0.018595 USD and 0.021134 USD. This implies that the price is at +8.00% from its lowest and at -4.98% from its highest.0.018595
0.021134
0.020082
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of NEM - XEM/USD in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.015075 | 0.020082 | 0.020084 | 0.021107 | 0.021796 |
| Change (%) | -24.93% | - | +0.01% | +5.10% | +8.54% |
| Change | -0.005007 | - | +0.000002 | +0.001025 | +0.001714 |
| Level | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016924 | 0.018528 | 0.019347 | 0.020951 | 0.021770 | 0.023374 | 0.024193 |
| Camarilla | 0.019501 | 0.019723 | 0.019945 | 0.020167 | 0.020389 | 0.020611 | 0.020833 |
| Woodie | 0.016533 | 0.018332 | 0.018956 | 0.020755 | 0.021379 | 0.023178 | 0.023802 |
| Fibonacci | 0.018528 | 0.019453 | 0.020025 | 0.020951 | 0.021876 | 0.022448 | 0.023374 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013816 | 0.017468 | 0.020046 | 0.023698 | 0.026276 | 0.029928 | 0.032506 |
| Camarilla | 0.020910 | 0.021481 | 0.022052 | 0.022623 | 0.023194 | 0.023765 | 0.024336 |
| Woodie | 0.013278 | 0.017200 | 0.019508 | 0.023430 | 0.025738 | 0.029660 | 0.031968 |
| Fibonacci | 0.017468 | 0.019848 | 0.021319 | 0.023698 | 0.026078 | 0.027549 | 0.029928 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013272 | 0.017513 | 0.020206 | 0.024447 | 0.027140 | 0.031381 | 0.034074 |
| Camarilla | 0.020993 | 0.021629 | 0.022264 | 0.022900 | 0.023536 | 0.024171 | 0.024807 |
| Woodie | 0.012499 | 0.017126 | 0.019433 | 0.024060 | 0.026367 | 0.030994 | 0.033301 |
| Fibonacci | 0.017513 | 0.020162 | 0.021798 | 0.024447 | 0.027096 | 0.028732 | 0.031381 |
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): | 51.88 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 5.674252 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.019276 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.018595 | |
| Elder Ray (13): | 0.000327 | |
| Super Trend (3,10): | 0.020618 | |
| Zig ZAG (10): | 0.020032 | |
| VORTEX (21): | 1.0432 | |
| Stochastique (14,3,5): | 78.38 | |
| TEMA (21): | 0.019530 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.001112 | |
| Repulse (5,40,3): | 3.1383 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3065 | |
| Courbe Coppock: | 0.82 |
| MA7: | 0.021964 | |
| MA20: | 0.021358 | |
| MA50: | 0.023111 | |
| MA100: | 0.025692 | |
| MAexp7: | 0.019692 | |
| MAexp20: | 0.019669 | |
| MAexp50: | 0.020381 | |
| MAexp100: | 0.021110 | |
| Price / MA7: | -8.57% | |
| Price / MA20: | -5.97% | |
| Price / MA50: | -13.11% | |
| Price / MA100: | -21.84% | |
| Price / MAexp7: | +1.98% | |
| Price / MAexp20: | +2.10% | |
| Price / MAexp50: | -1.47% | |
| Price / MAexp100: | -4.87% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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