NANO - NANO/USDT - Daily - Technical analysis published on 03/04/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.811850 USDT
My targets
0.717500 USDT (-6.36%)
0.660700 USDT (-13.77%)
My analysis
In the short term, we can see an acceleration in the bearish trend on NANO - NANO/USDT, which is a positive signal for sellers. As long as the price remains above 0.811850 USDT, a sale could be considered. The first bearish objective is located at 0.717500 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.660700 USDT as an objective. Crossing it would then enable sellers to target 0.618980 USDT. If the price were to return above 0.811850 USDT, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
3.9
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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 0.766200 USDT. The price registered a decrease of -1.35% on the session and was between 0.761700 USDT and 0.785900 USDT. This implies that the price is at +0.59% from its lowest and at -2.51% from its highest.0.761700
0.785900
0.766200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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 NANO - NANO/USDT in Daily shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being 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 100
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.618980 | 0.660700 | 0.717500 | 0.766200 | 0.811850 | 0.956420 | 1.044000 |
| Change (%) | -19.21% | -13.77% | -6.36% | - | +5.96% | +24.83% | +36.26% |
| Change | -0.147220 | -0.105500 | -0.048700 | - | +0.045650 | +0.190220 | +0.277800 |
| Level | Minor | Minor | Major | - | Major | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.716800 | 0.736700 | 0.756700 | 0.776600 | 0.796600 | 0.816500 | 0.836500 |
| Camarilla | 0.765728 | 0.769385 | 0.773043 | 0.776700 | 0.780358 | 0.784015 | 0.787673 |
| Woodie | 0.716850 | 0.736725 | 0.756750 | 0.776625 | 0.796650 | 0.816525 | 0.836550 |
| Fibonacci | 0.736700 | 0.751942 | 0.761358 | 0.776600 | 0.791842 | 0.801258 | 0.816500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.370233 | 0.544967 | 0.641333 | 0.816067 | 0.912433 | 1.087167 | 1.183533 |
| Camarilla | 0.663148 | 0.687998 | 0.712849 | 0.737700 | 0.762551 | 0.787402 | 0.812253 |
| Woodie | 0.331050 | 0.525375 | 0.602150 | 0.796475 | 0.873250 | 1.067575 | 1.144350 |
| Fibonacci | 0.544967 | 0.648527 | 0.712507 | 0.816067 | 0.919627 | 0.983606 | 1.087167 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.060633 | 0.390167 | 0.563933 | 0.893467 | 1.067233 | 1.396767 | 1.570533 |
| Camarilla | 0.599293 | 0.645428 | 0.691564 | 0.737700 | 0.783836 | 0.829972 | 0.876108 |
| Woodie | -0.017250 | 0.351225 | 0.486050 | 0.854525 | 0.989350 | 1.357825 | 1.492650 |
| Fibonacci | 0.390167 | 0.582427 | 0.701206 | 0.893467 | 1.085727 | 1.204506 | 1.396767 |
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): | 40.94 | |
| MACD (12,26,9): | -0.0394 | |
| Directional Movement: | -6.720486 | |
| AROON (14): | -78.571426 | |
| DEMA (21): | 0.810274 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.850621 | |
| Elder Ray (13): | -0.043712 | |
| Super Trend (3,10): | 0.981939 | |
| Zig ZAG (10): | 0.772100 | |
| VORTEX (21): | 0.8503 | |
| Stochastique (14,3,5): | 22.23 | |
| TEMA (21): | 0.744120 | |
| Williams %R (14): | -77.79 | |
| Chande Momentum Oscillator (20): | -0.200800 | |
| Repulse (5,40,3): | 0.0369 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2258 | |
| Courbe Coppock: | 47.11 |
| MA7: | 0.762757 | |
| MA20: | 0.897910 | |
| MA50: | 0.841924 | |
| MA100: | 0.786090 | |
| MAexp7: | 0.782733 | |
| MAexp20: | 0.846048 | |
| MAexp50: | 0.844473 | |
| MAexp100: | 0.833444 | |
| Price / MA7: | +0.45% | |
| Price / MA20: | -14.67% | |
| Price / MA50: | -8.99% | |
| Price / MA100: | -2.53% | |
| Price / MAexp7: | -2.11% | |
| Price / MAexp20: | -9.44% | |
| Price / MAexp50: | -9.27% | |
| Price / MAexp100: | -8.07% |
This member declared not having a position on this financial instrument or a related financial instrument.
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