VIDT DAO - VIDT/USDT - 1H - Technical analysis published on 09/13/2024 (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
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.046545 USDT
My targets
0.044678 USDT (-3.11%)
0.043601 USDT (-5.44%)
My analysis
The bearish trend is currently very strong for VIDT DATALINK - VIDT/USDT. As long as the price remains below the resistance at 0.046545 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.044678 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.043601 USDT as an objective. Crossing it would then enable sellers to target 0.041681 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8
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This analysis was given by Mayvenate. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VIDT DATALINK - VIDT/USDT rating 0.046110 USDT. On the day, this instrument lost -4.06% with the lowest point at 0.045828 USDT and the highest point at 0.048058 USDT. The deviation from the price is +0.62% for the low point and -4.05% for the high point.0.045828
0.048058
0.046110
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VIDT DATALINK - VIDT/USDT:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of VIDT DATALINK - VIDT/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by 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 bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.041681 | 0.043601 | 0.044678 | 0.046110 | 0.046545 | 0.048381 | 0.049458 |
| Change (%) | -9.61% | -5.44% | -3.11% | - | +0.94% | +4.93% | +7.26% |
| Change | -0.004429 | -0.002509 | -0.001432 | - | +0.000435 | +0.002271 | +0.003348 |
| Level | Minor | Minor | Minor | - | Intermediate | 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 | 0.045067 | 0.046019 | 0.047039 | 0.047991 | 0.049011 | 0.049963 | 0.050983 |
| Camarilla | 0.047517 | 0.047698 | 0.047878 | 0.048059 | 0.048240 | 0.048421 | 0.048601 |
| Woodie | 0.045101 | 0.046036 | 0.047073 | 0.048008 | 0.049045 | 0.049980 | 0.051017 |
| Fibonacci | 0.046019 | 0.046772 | 0.047238 | 0.047991 | 0.048744 | 0.049210 | 0.049963 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031618 | 0.036649 | 0.040775 | 0.045806 | 0.049932 | 0.054963 | 0.059089 |
| Camarilla | 0.042382 | 0.043221 | 0.044061 | 0.044900 | 0.045739 | 0.046579 | 0.047418 |
| Woodie | 0.031165 | 0.036423 | 0.040322 | 0.045580 | 0.049479 | 0.054737 | 0.058636 |
| Fibonacci | 0.036649 | 0.040147 | 0.042308 | 0.045806 | 0.049304 | 0.051465 | 0.054963 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.020686 | -0.003425 | 0.020067 | 0.037328 | 0.060820 | 0.078081 | 0.101573 |
| Camarilla | 0.032353 | 0.036089 | 0.039824 | 0.043560 | 0.047296 | 0.051031 | 0.054767 |
| Woodie | -0.017570 | -0.001867 | 0.023184 | 0.038886 | 0.063937 | 0.079639 | 0.104690 |
| Fibonacci | -0.003425 | 0.012142 | 0.021760 | 0.037328 | 0.052895 | 0.062513 | 0.078081 |
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): | 30.19 | |
| MACD (12,26,9): | -0.0005 | |
| Directional Movement: | -18.419877 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.046156 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.047048 | |
| Elder Ray (13): | -0.000427 | |
| Super Trend (3,10): | 0.047527 | |
| Zig ZAG (10): | 0.045951 | |
| VORTEX (21): | 0.8791 | |
| Stochastique (14,3,5): | 2.13 | |
| TEMA (21): | 0.045917 | |
| Williams %R (14): | -99.20 | |
| Chande Momentum Oscillator (20): | -0.002029 | |
| Repulse (5,40,3): | -2.0072 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1234 | |
| Courbe Coppock: | 6.19 |
| MA7: | 0.048629 | |
| MA20: | 0.046620 | |
| MA50: | 0.030365 | |
| MA100: | 0.027212 | |
| MAexp7: | 0.046188 | |
| MAexp20: | 0.046800 | |
| MAexp50: | 0.047542 | |
| MAexp100: | 0.047929 | |
| Price / MA7: | -5.18% | |
| Price / MA20: | -1.09% | |
| Price / MA50: | +51.85% | |
| Price / MA100: | +69.45% | |
| Price / MAexp7: | -0.17% | |
| Price / MAexp20: | -1.47% | |
| Price / MAexp50: | -3.01% | |
| Price / MAexp100: | -3.80% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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