VECHAIN - VET/USDT - 1H - Technical analysis published on 07/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.016532 USDT
My targets
0.018778 USDT (+1.89%)
0.019450 USDT (+5.53%)
My analysis
The bullish trend is currently very strong on VECHAIN - VET/USDT. As long as the price remains above the support at 0.016532 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.018778 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.019450 USDT as an objective. Crossing it would then enable buyers to target 0.020920 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
7.9
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VECHAIN - VET/USDT price is 0.018430 USDT. The price has increased by +7.65% since the last closing with the lowest point at 0.016640 USDT and the highest point at 0.018560 USDT. The deviation from the price is +10.76% for the low point and -0.70% for the high point.0.016640
0.018560
0.018430
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VECHAIN - VET/USDT:
Technical
A technical analysis in 1H of this VECHAIN - VET/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish 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.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 0.011903 | 0.014836 | 0.016532 | 0.018430 | 0.019450 | 0.020920 | 0.021900 |
| Change (%) | -35.42% | -19.50% | -10.30% | - | +5.53% | +13.51% | +18.83% |
| Change | -0.006527 | -0.003594 | -0.001898 | - | +0.001020 | +0.002490 | +0.003470 |
| Level | Minor | Intermediate | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010287 | 0.012553 | 0.014837 | 0.017103 | 0.019387 | 0.021653 | 0.023937 |
| Camarilla | 0.015869 | 0.016286 | 0.016703 | 0.017120 | 0.017537 | 0.017954 | 0.018371 |
| Woodie | 0.010295 | 0.012558 | 0.014845 | 0.017108 | 0.019395 | 0.021658 | 0.023945 |
| Fibonacci | 0.012553 | 0.014291 | 0.015365 | 0.017103 | 0.018841 | 0.019915 | 0.021653 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005050 | 0.006732 | 0.009626 | 0.011308 | 0.014202 | 0.015884 | 0.018778 |
| Camarilla | 0.011262 | 0.011681 | 0.012101 | 0.012520 | 0.012940 | 0.013359 | 0.013778 |
| Woodie | 0.005656 | 0.007035 | 0.010232 | 0.011611 | 0.014808 | 0.016187 | 0.019384 |
| Fibonacci | 0.006732 | 0.008480 | 0.009560 | 0.011308 | 0.013056 | 0.014136 | 0.015884 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.012035 | 0.007475 | 0.012393 | 0.007833 | 0.012751 | 0.008191 | 0.013109 |
| Camarilla | 0.017212 | 0.017244 | 0.017277 | 0.017310 | 0.017343 | 0.017376 | 0.017408 |
| Woodie | 0.016773 | 0.009845 | 0.017131 | 0.010203 | 0.017489 | 0.010561 | 0.017847 |
| Fibonacci | 0.007475 | 0.007612 | 0.007697 | 0.007833 | 0.007970 | 0.008055 | 0.008191 |
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): | 61.00 | |
| MACD (12,26,9): | 0.0002 | |
| Directional Movement: | 12.702203 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.017717 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.016784 | |
| Elder Ray (13): | 0.000605 | |
| Super Trend (3,10): | 0.016805 | |
| Zig ZAG (10): | 0.018350 | |
| VORTEX (21): | 1.1630 | |
| Stochastique (14,3,5): | 90.49 | |
| TEMA (21): | 0.017864 | |
| Williams %R (14): | -1.88 | |
| Chande Momentum Oscillator (20): | 0.001220 | |
| Repulse (5,40,3): | 4.8906 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0256 | |
| Courbe Coppock: | 7.15 |
| MA7: | 0.015482 | |
| MA20: | 0.011745 | |
| MA50: | 0.009168 | |
| MA100: | 0.006653 | |
| MAexp7: | 0.017770 | |
| MAexp20: | 0.017509 | |
| MAexp50: | 0.017470 | |
| MAexp100: | 0.017088 | |
| Price / MA7: | +19.04% | |
| Price / MA20: | +56.92% | |
| Price / MA50: | +101.03% | |
| Price / MA100: | +177.02% | |
| Price / MAexp7: | +3.71% | |
| Price / MAexp20: | +5.26% | |
| Price / MAexp50: | +5.50% | |
| Price / MAexp100: | +7.85% |
Quotes :
2020-07-11 15:10:47
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Real time data
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Cryptocompare
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