Londinia Opportunities Analyses - 12/30/2024 (GMT) NKN - NKN/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | NKNUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.103387 USDT
My targets
0.108587 USDT (+2.86%)
0.111108 USDT (+5.24%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NKN - NKN/USDT as long as the price remains well above 0.103387 USDT. The buyers' bullish objective is set at 0.108587 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.111108 USDT. If there is any crossing, the next objective would be the resistance located at 0.121642 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
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Additional analysis
Quotes
NKN - NKN/USDT rating 0.105571 USDT. On the day, this instrument lost -0.45% with the lowest point at 0.104600 USDT and the highest point at 0.107978 USDT. The deviation from the price is +0.93% for the low point and -2.23% for the high point.0.104600
0.107978
0.105571
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NKN - NKN/USDT in 1H shows a strongly overall bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.100224 | 0.103387 | 0.105570 | 0.105571 | 0.108587 | 0.121642 | 0.139233 |
| Change (%) | -5.06% | -2.07% | +0.00% | - | +2.86% | +15.22% | +31.89% |
| Change | -0.005347 | -0.002184 | -0.000001 | - | +0.003016 | +0.016071 | +0.033662 |
| Level | Minor | Major | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.096504 | 0.098413 | 0.102229 | 0.104138 | 0.107954 | 0.109863 | 0.113679 |
| Camarilla | 0.104472 | 0.104996 | 0.105521 | 0.106046 | 0.106571 | 0.107096 | 0.107620 |
| Woodie | 0.097459 | 0.098890 | 0.103184 | 0.104615 | 0.108909 | 0.110340 | 0.114634 |
| Fibonacci | 0.098413 | 0.100600 | 0.101951 | 0.104138 | 0.106325 | 0.107676 | 0.109863 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.072304 | 0.080751 | 0.091706 | 0.100153 | 0.111108 | 0.119555 | 0.130510 |
| Camarilla | 0.097326 | 0.099104 | 0.100883 | 0.102661 | 0.104440 | 0.106218 | 0.107997 |
| Woodie | 0.073558 | 0.081378 | 0.092960 | 0.100780 | 0.112362 | 0.120182 | 0.131764 |
| Fibonacci | 0.080751 | 0.088163 | 0.092741 | 0.100153 | 0.107565 | 0.112143 | 0.119555 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.033004 | 0.051155 | 0.084279 | 0.102430 | 0.135554 | 0.153705 | 0.186829 |
| Camarilla | 0.103302 | 0.108003 | 0.112703 | 0.117403 | 0.122103 | 0.126803 | 0.131504 |
| Woodie | 0.040491 | 0.054898 | 0.091766 | 0.106173 | 0.143041 | 0.157448 | 0.194316 |
| Fibonacci | 0.051155 | 0.070742 | 0.082843 | 0.102430 | 0.122017 | 0.134118 | 0.153705 |
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): | 56.58 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 11.285307 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.104995 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.102093 | |
| Elder Ray (13): | 0.000718 | |
| Super Trend (3,10): | 0.102764 | |
| Zig ZAG (10): | 0.105009 | |
| VORTEX (21): | 1.0293 | |
| Stochastique (14,3,5): | 66.25 | |
| TEMA (21): | 0.105371 | |
| Williams %R (14): | -38.77 | |
| Chande Momentum Oscillator (20): | 0.001523 | |
| Repulse (5,40,3): | -0.8199 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1106 | |
| Courbe Coppock: | 4.05 |
| MA7: | 0.102974 | |
| MA20: | 0.105320 | |
| MA50: | 0.104318 | |
| MA100: | 0.088370 | |
| MAexp7: | 0.105127 | |
| MAexp20: | 0.103754 | |
| MAexp50: | 0.102375 | |
| MAexp100: | 0.101370 | |
| Price / MA7: | +2.52% | |
| Price / MA20: | +0.24% | |
| Price / MA50: | +1.20% | |
| Price / MA100: | +19.46% | |
| Price / MAexp7: | +0.42% | |
| Price / MAexp20: | +1.75% | |
| Price / MAexp50: | +3.12% | |
| Price / MAexp100: | +4.14% |
Quotes :
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Real time data
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Cryptocompare