VECHAIN - VET/USD - 1H - Technical analysis published on 08/01/2020 (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
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
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
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.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VECHAIN - VET/USD:
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014833 | 0.015767 | 0.016533 | 0.017467 | 0.018233 | 0.019167 | 0.019933 |
| Camarilla | 0.016833 | 0.016988 | 0.017144 | 0.017300 | 0.017456 | 0.017612 | 0.017768 |
| Woodie | 0.014750 | 0.015725 | 0.016450 | 0.017425 | 0.018150 | 0.019125 | 0.019850 |
| Fibonacci | 0.015767 | 0.016416 | 0.016817 | 0.017467 | 0.018116 | 0.018517 | 0.019167 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014100 | 0.015000 | 0.016600 | 0.017500 | 0.019100 | 0.020000 | 0.021600 |
| Camarilla | 0.017513 | 0.017742 | 0.017971 | 0.018200 | 0.018429 | 0.018658 | 0.018888 |
| Woodie | 0.014450 | 0.015175 | 0.016950 | 0.017675 | 0.019450 | 0.020175 | 0.021950 |
| Fibonacci | 0.015000 | 0.015955 | 0.016545 | 0.017500 | 0.018455 | 0.019045 | 0.020000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.003300 | 0.002700 | 0.010000 | 0.016000 | 0.023300 | 0.029300 | 0.036600 |
| Camarilla | 0.013643 | 0.014862 | 0.016081 | 0.017300 | 0.018519 | 0.019738 | 0.020958 |
| Woodie | -0.002650 | 0.003025 | 0.010650 | 0.016325 | 0.023950 | 0.029625 | 0.037250 |
| Fibonacci | 0.002700 | 0.007781 | 0.010919 | 0.016000 | 0.021081 | 0.024219 | 0.029300 |
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
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Real time data
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Cryptocompare
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