NANO - NANO/USDT - 1H - Technical analysis published on 10/18/2019 (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
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.813200 USDT
My targets
0.787600 USDT (-2.26%)
0.767650 USDT (-4.73%)
My analysis
The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on NANO - NANO/USDT as long as the price remains well below 0.813200 USDT. The next bearish objective for sellers is set at 0.787600 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.767650 USDT. In case of crossing, the next objective would be the support located at 0.716200 USDT.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
3.8
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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 price is 0.805800 USDT. The price registered a decrease of -4.24% on the session with the lowest point at 0.795100 USDT and the highest point at 0.842600 USDT. The deviation from the price is +1.35% for the low point and -4.37% for the high point.0.795100
0.842600
0.805800
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NANO - NANO/USDT chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.716200 | 0.767650 | 0.787600 | 0.805800 | 0.813200 | 0.870600 | 0.887600 |
| Change (%) | -11.12% | -4.73% | -2.26% | - | +0.92% | +8.04% | +10.15% |
| Change | -0.089600 | -0.038150 | -0.018200 | - | +0.007400 | +0.064800 | +0.081800 |
| Level | Major | Intermediate | Intermediate | - | 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 | 0.720033 | 0.755967 | 0.798733 | 0.834667 | 0.877433 | 0.913367 | 0.956133 |
| Camarilla | 0.819858 | 0.827072 | 0.834286 | 0.841500 | 0.848714 | 0.855928 | 0.863143 |
| Woodie | 0.723450 | 0.757675 | 0.802150 | 0.836375 | 0.880850 | 0.915075 | 0.959550 |
| Fibonacci | 0.755967 | 0.786030 | 0.804603 | 0.834667 | 0.864730 | 0.883303 | 0.913367 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.607467 | 0.657533 | 0.715467 | 0.765533 | 0.823467 | 0.873533 | 0.931467 |
| Camarilla | 0.743700 | 0.753600 | 0.763500 | 0.773400 | 0.783300 | 0.793200 | 0.803100 |
| Woodie | 0.611400 | 0.659500 | 0.719400 | 0.767500 | 0.827400 | 0.875500 | 0.935400 |
| Fibonacci | 0.657533 | 0.698789 | 0.724277 | 0.765533 | 0.806789 | 0.832277 | 0.873533 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.371400 | 0.603900 | 0.695000 | 0.927500 | 1.018600 | 1.251100 | 1.342200 |
| Camarilla | 0.697110 | 0.726773 | 0.756437 | 0.786100 | 0.815763 | 0.845427 | 0.875090 |
| Woodie | 0.300700 | 0.568550 | 0.624300 | 0.892150 | 0.947900 | 1.215750 | 1.271500 |
| Fibonacci | 0.603900 | 0.727515 | 0.803885 | 0.927500 | 1.051115 | 1.127485 | 1.251100 |
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): | 41.77 | |
| MACD (12,26,9): | -0.0045 | |
| Directional Movement: | -11.930156 | |
| AROON (14): | -21.428573 | |
| DEMA (21): | 0.812685 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.796711 | |
| Elder Ray (13): | -0.004239 | |
| Super Trend (3,10): | 0.838985 | |
| Zig ZAG (10): | 0.802700 | |
| VORTEX (21): | 0.8663 | |
| Stochastique (14,3,5): | 36.40 | |
| TEMA (21): | 0.807109 | |
| Williams %R (14): | -84.22 | |
| Chande Momentum Oscillator (20): | -0.038400 | |
| Repulse (5,40,3): | -2.4111 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0515 | |
| Courbe Coppock: | 5.74 |
| MA7: | 0.830600 | |
| MA20: | 0.784245 | |
| MA50: | 0.846794 | |
| MA100: | 0.981737 | |
| MAexp7: | 0.810922 | |
| MAexp20: | 0.817754 | |
| MAexp50: | 0.818909 | |
| MAexp100: | 0.812816 | |
| Price / MA7: | -2.99% | |
| Price / MA20: | +2.75% | |
| Price / MA50: | -4.84% | |
| Price / MA100: | -17.92% | |
| Price / MAexp7: | -0.63% | |
| Price / MAexp20: | -1.46% | |
| Price / MAexp50: | -1.60% | |
| Price / MAexp100: | -0.86% |
This member declared not having a position on this financial instrument or a related financial instrument.
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