NANO - NANO/USDT - 1H - Technical analysis published on 08/05/2021 (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
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
44%
33%
22%
My opinion
Bullish above 4.40 USDT
My targets
4.65 USDT (+2.88%)
4.96 USDT (+9.80%)
My analysis
NANO - NANO/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.40 USDT. The next resistance located at 4.65 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.96 USDT. After this resistance, buyers could then target 5.78 USDT. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.4
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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/USDT rating is 4.52 USDT. The price registered an increase of +0.22% on the session and was between 4.32 USDT and 4.54 USDT. This implies that the price is at +4.63% from its lowest and at -0.44% from its highest.4.32
4.54
4.52
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NANO - NANO/USDT:
Technical
Technical analysis of this 1H chart of NANO - NANO/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
On the 18 technical indicators analysed, 8 are bullish, 4 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 4.24 | 4.40 | 4.50 | 4.52 | 4.65 | 5.78 | 7.37 |
| Change (%) | -6.19% | -2.65% | -0.44% | - | +2.88% | +27.88% | +63.05% |
| Change | -0.28 | -0.12 | -0.02 | - | +0.13 | +1.26 | +2.85 |
| Level | Major | Minor | Major | - | Intermediate | 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 | 3.96 | 4.08 | 4.30 | 4.42 | 4.64 | 4.76 | 4.98 |
| Camarilla | 4.42 | 4.45 | 4.48 | 4.51 | 4.54 | 4.57 | 4.60 |
| Woodie | 4.00 | 4.11 | 4.34 | 4.45 | 4.68 | 4.79 | 5.02 |
| Fibonacci | 4.08 | 4.21 | 4.29 | 4.42 | 4.55 | 4.63 | 4.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.12 | 3.42 | 3.89 | 4.19 | 4.66 | 4.96 | 5.43 |
| Camarilla | 4.14 | 4.21 | 4.28 | 4.35 | 4.42 | 4.49 | 4.56 |
| Woodie | 3.20 | 3.46 | 3.97 | 4.23 | 4.74 | 5.00 | 5.51 |
| Fibonacci | 3.42 | 3.72 | 3.90 | 4.19 | 4.49 | 4.67 | 4.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.24 | 2.18 | 3.26 | 4.20 | 5.28 | 6.22 | 7.30 |
| Camarilla | 3.80 | 3.98 | 4.17 | 4.35 | 4.54 | 4.72 | 4.91 |
| Woodie | 1.32 | 2.22 | 3.34 | 4.24 | 5.36 | 6.26 | 7.38 |
| Fibonacci | 2.18 | 2.95 | 3.43 | 4.20 | 4.97 | 5.45 | 6.22 |
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): | 58.82 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 7.65 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 4.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.50 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 4.31 | |
| Zig ZAG (10): | 4.36 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 18.79 | |
| TEMA (21): | 4.38 | |
| Williams %R (14): | -79.55 | |
| Chande Momentum Oscillator (20): | -0.15 | |
| Repulse (5,40,3): | -0.3100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 4.46 |
| MA7: | 4.37 | |
| MA20: | 4.01 | |
| MA50: | 4.47 | |
| MA100: | 6.41 | |
| MAexp7: | 4.38 | |
| MAexp20: | 4.42 | |
| MAexp50: | 4.40 | |
| MAexp100: | 4.37 | |
| Price / MA7: | +3.43% | |
| Price / MA20: | +12.72% | |
| Price / MA50: | +1.12% | |
| Price / MA100: | -29.49% | |
| Price / MAexp7: | +3.20% | |
| Price / MAexp20: | +2.26% | |
| Price / MAexp50: | +2.73% | |
| Price / MAexp100: | +3.43% |
Quotes :
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Real time data
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