VIDT DAO - VIDT/USDT - 1H - Technical analysis published on 10/05/2024 (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
22%
50%
28%
My opinion
Bearish under 0.036036 USDT
My targets
0.034473 USDT (-1.14%)
0.031969 USDT (-8.32%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on VIDT DATALINK - VIDT/USDT as long as the price remains well below 0.036036 USDT. The sellers' bearish objective is set at 0.034473 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.031969 USDT. In case of crossing, the next objective would be the support located at 0.022984 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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This analysis was given by Jaber300. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VIDT DATALINK - VIDT/USDT rating 0.034870 USDT. The price registered a decrease of -13.34% on the session and was between 0.032174 USDT and 0.042787 USDT. This implies that the price is at +8.38% from its lowest and at -18.50% from its highest.0.032174
0.042787
0.034870
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this VIDT DATALINK - VIDT/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.015308 | 0.022984 | 0.034473 | 0.034870 | 0.036036 | 0.040409 | 0.044397 |
| Change (%) | -56.10% | -34.09% | -1.14% | - | +3.34% | +15.88% | +27.32% |
| Change | -0.019562 | -0.011886 | -0.000397 | - | +0.001166 | +0.005539 | +0.009527 |
| Level | Minor | Minor | Minor | - | Major | Intermediate | 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 | 0.011618 | 0.023045 | 0.031642 | 0.043069 | 0.051666 | 0.063093 | 0.071690 |
| Camarilla | 0.034731 | 0.036567 | 0.038403 | 0.040238 | 0.042074 | 0.043909 | 0.045745 |
| Woodie | 0.010202 | 0.022338 | 0.030226 | 0.042362 | 0.050250 | 0.062386 | 0.070274 |
| Fibonacci | 0.023045 | 0.030695 | 0.035420 | 0.043069 | 0.050719 | 0.055444 | 0.063093 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031969 | 0.035956 | 0.041372 | 0.045359 | 0.050775 | 0.054762 | 0.060178 |
| Camarilla | 0.044203 | 0.045065 | 0.045927 | 0.046789 | 0.047651 | 0.048513 | 0.049375 |
| Woodie | 0.032685 | 0.036313 | 0.042088 | 0.045716 | 0.051491 | 0.055119 | 0.060894 |
| Fibonacci | 0.035956 | 0.039548 | 0.041767 | 0.045359 | 0.048951 | 0.051170 | 0.054762 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024373 | 0.032157 | 0.039110 | 0.046894 | 0.053847 | 0.061631 | 0.068584 |
| Camarilla | 0.042009 | 0.043360 | 0.044711 | 0.046062 | 0.047413 | 0.048764 | 0.050115 |
| Woodie | 0.023957 | 0.031949 | 0.038694 | 0.046686 | 0.053431 | 0.061423 | 0.068168 |
| Fibonacci | 0.032157 | 0.037787 | 0.041265 | 0.046894 | 0.052524 | 0.056002 | 0.061631 |
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): | 39.77 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -12.684793 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.034695 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.040402 | |
| Elder Ray (13): | -0.001095 | |
| Super Trend (3,10): | 0.039719 | |
| Zig ZAG (10): | 0.034950 | |
| VORTEX (21): | 0.9670 | |
| Stochastique (14,3,5): | 25.72 | |
| TEMA (21): | 0.034337 | |
| Williams %R (14): | -74.60 | |
| Chande Momentum Oscillator (20): | -0.005338 | |
| Repulse (5,40,3): | -0.6786 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5800 | |
| Courbe Coppock: | 26.93 |
| MA7: | 0.044177 | |
| MA20: | 0.044286 | |
| MA50: | 0.041944 | |
| MA100: | 0.030914 | |
| MAexp7: | 0.035223 | |
| MAexp20: | 0.036970 | |
| MAexp50: | 0.039744 | |
| MAexp100: | 0.041891 | |
| Price / MA7: | -21.07% | |
| Price / MA20: | -21.26% | |
| Price / MA50: | -16.87% | |
| Price / MA100: | +12.80% | |
| Price / MAexp7: | -1.00% | |
| Price / MAexp20: | -5.68% | |
| Price / MAexp50: | -12.26% | |
| Price / MAexp100: | -16.76% |
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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