VECHAIN - VET/USD
VECHAIN - VET/USD
0.018900 USD (+0.53%)
Real time data - Cryptocompare
Open: 0.018800
Change: +0.000100
Volume: 5,003,613
Low: 0.018500
High: 0.019100
High / Low range: 0.000600
Type: Cryptocurrencies
Ticker: VETUSD
ISIN:

VECHAIN - VET/USD - 1H - Technical analysis published on 08/01/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-08-01 21:13:50
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Neutral
Technical indicators
17%
50%
33%
My opinion
Bearish under 0.017400 USD
My targets
0.016400 USD (-3.53%)
0.016100 USD (-5.29%)
My analysis
The strong short-term decrease of VECHAIN - VET/USD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.017400 USD, a sale could be considered. The first bearish objective is located at 0.016400 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.016100 USD. If there is any crossing, the next objective would be support 0.015300 USD. Caution, if there is a return to above 0.017400 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
2.5

This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this analysis. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

VECHAIN - VET/USD rating 0.017000 USD. The price registered a decrease of -1.73% on the session and was between 0.016700 USD and 0.017600 USD. This implies that the price is at +1.80% from its lowest and at -3.41% from its highest.

0.016700
0.017600
0.017000

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VECHAIN - VET/USD:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of VECHAIN - VET/USD in 1H shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further decline is low given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.016100 0.016400 0.016900 0.017000 0.017400 0.017700 0.018200
Change (%) -5.29% -3.53% -0.59% - +2.35% +4.12% +7.06%
Change -0.000900 -0.000600 -0.000100 - +0.000400 +0.000700 +0.001200
Level Major Intermediate Minor - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0148330.0157670.0165330.0174670.0182330.0191670.019933
Camarilla0.0168330.0169880.0171440.0173000.0174560.0176120.017768
Woodie0.0147500.0157250.0164500.0174250.0181500.0191250.019850
Fibonacci0.0157670.0164160.0168170.0174670.0181160.0185170.019167


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0141000.0150000.0166000.0175000.0191000.0200000.021600
Camarilla0.0175130.0177420.0179710.0182000.0184290.0186580.018888
Woodie0.0144500.0151750.0169500.0176750.0194500.0201750.021950
Fibonacci0.0150000.0159550.0165450.0175000.0184550.0190450.020000


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0033000.0027000.0100000.0160000.0233000.0293000.036600
Camarilla0.0136430.0148620.0160810.0173000.0185190.0197380.020958
Woodie-0.0026500.0030250.0106500.0163250.0239500.0296250.037250
Fibonacci0.0027000.0077810.0109190.0160000.0210810.0242190.029300

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): 46.28
MACD (12,26,9): -0.0001
Directional Movement: -4.667241
AROON (14): -64.285715
DEMA (21): 0.017030
Parabolic SAR (0,02-0,02-0,2): 0.017233
Elder Ray (13): -0.000056
Super Trend (3,10): 0.016897
Zig ZAG (10): 0.017000
VORTEX (21): 0.9333
Stochastique (14,3,5): 43.33
TEMA (21): 0.016932
Williams %R (14): -60.00
Chande Momentum Oscillator (20): -0.000100
Repulse (5,40,3): -0.8355
ROCnROLL: -1
TRIX (15,9): -0.0459
Courbe Coppock: 1.48
MA7: 0.016657
MA20: 0.017445
MA50: 0.013608
MA100: 0.009463
MAexp7: 0.017020
MAexp20: 0.017092
MAexp50: 0.017039
MAexp100: 0.016878
Price / MA7: +2.06%
Price / MA20: -2.55%
Price / MA50: +24.93%
Price / MA100: +79.65%
Price / MAexp7: -0.12%
Price / MAexp20: -0.54%
Price / MAexp50: -0.23%
Price / MAexp100: +0.72%

Quotes : 2020-08-01 21:13:02 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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