Londinia Opportunities Analyses - 11/20/2024 (GMT) NEWSCRYPTO COIN - NWC/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | NWCUSDT |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.119907 USDT
My targets
0.130448 USDT (+4.86%)
0.134854 USDT (+8.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEWSCRYPTO COIN - NWC/USDT as long as the price remains well above 0.119907 USDT. The buyers' bullish objective is set at 0.130448 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.134854 USDT. If there is any crossing, the next objective would be the resistance located at 0.172500 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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Additional analysis
Quotes
The NEWSCRYPTO COIN - NWC/USDT price is 0.124400 USDT. The price has increased by +1.88% since the last closing with the lowest point at 0.119001 USDT and the highest point at 0.126300 USDT. The deviation from the price is +4.54% for the low point and -1.50% for the high point.0.119001
0.126300
0.124400
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of NEWSCRYPTO COIN - NWC/USDT in 1H shows a strongly overall bullish trend. The signals given by moving averages are 89.29% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 0.115841 | 0.119907 | 0.124015 | 0.124400 | 0.130448 | 0.134854 | 0.172500 |
| Change (%) | -6.88% | -3.61% | -0.31% | - | +4.86% | +8.40% | +38.67% |
| Change | -0.008559 | -0.004493 | -0.000385 | - | +0.006048 | +0.010454 | +0.048100 |
| Level | Minor | Major | Minor | - | 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 | 0.103614 | 0.110701 | 0.116401 | 0.123488 | 0.129188 | 0.136275 | 0.141975 |
| Camarilla | 0.118584 | 0.119756 | 0.120928 | 0.122100 | 0.123272 | 0.124444 | 0.125616 |
| Woodie | 0.102920 | 0.110354 | 0.115707 | 0.123141 | 0.128494 | 0.135928 | 0.141281 |
| Fibonacci | 0.110701 | 0.115586 | 0.118604 | 0.123488 | 0.128373 | 0.131391 | 0.136275 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045869 | 0.069327 | 0.093571 | 0.117029 | 0.141273 | 0.164731 | 0.188975 |
| Camarilla | 0.104696 | 0.109069 | 0.113441 | 0.117814 | 0.122187 | 0.126559 | 0.130932 |
| Woodie | 0.046261 | 0.069524 | 0.093963 | 0.117226 | 0.141665 | 0.164928 | 0.189367 |
| Fibonacci | 0.069327 | 0.087550 | 0.098807 | 0.117029 | 0.135252 | 0.146509 | 0.164731 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.045713 | 0.055978 | 0.065069 | 0.075334 | 0.084425 | 0.094690 | 0.103781 |
| Camarilla | 0.068837 | 0.070611 | 0.072386 | 0.074160 | 0.075934 | 0.077709 | 0.079483 |
| Woodie | 0.045126 | 0.055685 | 0.064482 | 0.075041 | 0.083838 | 0.094397 | 0.103194 |
| Fibonacci | 0.055978 | 0.063372 | 0.067940 | 0.075334 | 0.082728 | 0.087296 | 0.094690 |
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): | 56.29 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 16.970968 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.123120 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.119134 | |
| Elder Ray (13): | 0.002292 | |
| Super Trend (3,10): | 0.128589 | |
| Zig ZAG (10): | 0.124800 | |
| VORTEX (21): | 0.9937 | |
| Stochastique (14,3,5): | 49.18 | |
| TEMA (21): | 0.122379 | |
| Williams %R (14): | -40.03 | |
| Chande Momentum Oscillator (20): | 0.002471 | |
| Repulse (5,40,3): | 1.7392 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0153 | |
| Courbe Coppock: | 5.13 |
| MA7: | 0.115624 | |
| MA20: | 0.099339 | |
| MA50: | 0.082970 | |
| MA100: | 0.081657 | |
| MAexp7: | 0.122996 | |
| MAexp20: | 0.122794 | |
| MAexp50: | 0.121419 | |
| MAexp100: | 0.118873 | |
| Price / MA7: | +7.59% | |
| Price / MA20: | +25.23% | |
| Price / MA50: | +49.93% | |
| Price / MA100: | +52.34% | |
| Price / MAexp7: | +1.14% | |
| Price / MAexp20: | +1.31% | |
| Price / MAexp50: | +2.46% | |
| Price / MAexp100: | +4.65% |
Quotes :
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Real time data
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Cryptocompare