VIDY - VIDY/USDT - Daily - Technical analysis published on 01/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 0.001235 USDT
My targets
0.001012 USDT (-8.33%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.001235 USDT remains possible. It is advisable to trade VIDY - VIDY/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.001235 USDT. The next bearish objective for sellers is set at 0.001012 USDT. A bearish break of this support would revive the bearish momentum. PS: if there is a bullish break in the resistance located at 0.001235 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
FORCE
0
10
2.1
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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 VIDY - VIDY/USDT price is 0.001104 USDT. The price registered an increase of +1.38% on the session and was traded between 0.001078 USDT and 0.001114 USDT over the period. The price is currently at +2.41% from its lowest and -0.90% from its highest.0.001078
0.001114
0.001104
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of VIDY - VIDY/USDT in Daily shows an overall bearish trend. 75% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.001012 | 0.001104 | 0.001123 | 0.001915 | 0.002255 |
| Change (%) | -8.33% | - | +1.72% | +73.46% | +104.26% |
| Change | -0.000092 | - | +0.000019 | +0.000811 | +0.001151 |
| Level | Intermediate | - | Major | Minor | Minor |
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 | 0.001082 | 0.001084 | 0.001087 | 0.001089 | 0.001092 | 0.001094 | 0.001097 |
| Camarilla | 0.001088 | 0.001088 | 0.001089 | 0.001089 | 0.001090 | 0.001090 | 0.001090 |
| Woodie | 0.001082 | 0.001084 | 0.001087 | 0.001089 | 0.001092 | 0.001094 | 0.001097 |
| Fibonacci | 0.001084 | 0.001086 | 0.001087 | 0.001089 | 0.001091 | 0.001092 | 0.001094 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000949 | 0.000993 | 0.001032 | 0.001076 | 0.001115 | 0.001159 | 0.001198 |
| Camarilla | 0.001047 | 0.001055 | 0.001062 | 0.001070 | 0.001078 | 0.001085 | 0.001093 |
| Woodie | 0.000946 | 0.000992 | 0.001029 | 0.001075 | 0.001112 | 0.001158 | 0.001195 |
| Fibonacci | 0.000993 | 0.001025 | 0.001045 | 0.001076 | 0.001108 | 0.001128 | 0.001159 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000779 | 0.000955 | 0.001059 | 0.001235 | 0.001339 | 0.001515 | 0.001619 |
| Camarilla | 0.001086 | 0.001112 | 0.001137 | 0.001163 | 0.001189 | 0.001214 | 0.001240 |
| Woodie | 0.000743 | 0.000937 | 0.001023 | 0.001217 | 0.001303 | 0.001497 | 0.001583 |
| Fibonacci | 0.000955 | 0.001062 | 0.001128 | 0.001235 | 0.001342 | 0.001408 | 0.001515 |
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): | 51.02 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.215905 | |
| AROON (14): | 35.714287 | |
| DEMA (21): | 0.001056 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.001064 | |
| Elder Ray (13): | 0.000012 | |
| Super Trend (3,10): | 0.001235 | |
| Zig ZAG (10): | 0.001106 | |
| VORTEX (21): | 0.9585 | |
| Stochastique (14,3,5): | 46.37 | |
| TEMA (21): | 0.001074 | |
| Williams %R (14): | -50.69 | |
| Chande Momentum Oscillator (20): | 0.000028 | |
| Repulse (5,40,3): | 0.8387 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3728 | |
| Courbe Coppock: | 3.63 |
| MA7: | 0.001075 | |
| MA20: | 0.001071 | |
| MA50: | 0.001152 | |
| MA100: | 0.001354 | |
| MAexp7: | 0.001082 | |
| MAexp20: | 0.001088 | |
| MAexp50: | 0.001165 | |
| MAexp100: | 0.001309 | |
| Price / MA7: | +2.70% | |
| Price / MA20: | +3.08% | |
| Price / MA50: | -4.17% | |
| Price / MA100: | -18.46% | |
| Price / MAexp7: | +2.03% | |
| Price / MAexp20: | +1.47% | |
| Price / MAexp50: | -5.24% | |
| Price / MAexp100: | -15.66% |
This member declared not having a position on this financial instrument or a related financial instrument.
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