VECHAIN - VET/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	VETUSD
ISIN:

VECHAIN - VET/USD - Weekly - Technical analysis published on 08/15/2020 (GMT)

Timeframe : Weekly
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Court terme: Bullish

De fond: Slightly bearish

Technical indicators

78%

17%

My opinion

Neutral between 0.016000 USD and 0.023300 USD

My targets

My analysis

The short-term increase on VECHAIN - VET/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.023300 USD. The first support is located at 0.016000 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever 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 content. 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.

This analysis was given by dallas28. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The VECHAIN - VET/USD rating is 0.019900 USD. The price is lower by -9.13% over the 5 days and has been traded over the last 5 days between 0.018500 USD and 0.021800 USD. This implies that the 5 day price is +7.57% from its lowest point and -8.72% from its highest point.

0.018500

0.021800

0.019900

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:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Weekly of this VECHAIN - VET/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly

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 : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S1	Price	R1
ProTrendLines	0.006510	0.019900	2.290000
Change (%)	-67.29%	-	+11,407.54%
Change	-0.013390	-	+2.270100
Level	Intermediate	-	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.018233	0.018867	0.019733	0.020367	0.021233	0.021867	0.022733
Camarilla	0.020188	0.020325	0.020463	0.020600	0.020738	0.020875	0.021013
Woodie	0.018350	0.018925	0.019850	0.020425	0.021350	0.021925	0.022850
Fibonacci	0.018867	0.019440	0.019794	0.020367	0.020940	0.021294	0.021867

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.012100	0.014000	0.017400	0.019300	0.022700	0.024600	0.028000
Camarilla	0.019343	0.019828	0.020314	0.020800	0.021286	0.021772	0.022258
Woodie	0.012850	0.014375	0.018150	0.019675	0.023450	0.024975	0.028750
Fibonacci	0.014000	0.016025	0.017275	0.019300	0.021325	0.022575	0.024600

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.62
MACD (12,26,9):	0.0018
Directional Movement:	26.447114
AROON (14):	92.857143
DEMA (21):	0.013930
Parabolic SAR (0,02-0,02-0,2):	0.011474
Elder Ray (13):	0.006329
Super Trend (3,10):	0.011220
Zig ZAG (10):	0.020000
VORTEX (21):	1.3170
Stochastique (14,3,5):	84.06
TEMA (21):	0.024996
Williams %R (14):	-15.73
Chande Momentum Oscillator (20):	0.015400
Repulse (5,40,3):	19.9571
ROCnROLL:	-1
TRIX (15,9):	3.2741
Courbe Coppock:	602.99

MA7:	0.020557
MA20:	0.018645
MA50:	0.016580
MA100:	0.011582
MAexp7:	0.017358
MAexp20:	0.012473
MAexp50:	0.068580
MAexp100:	0.377254
Price / MA7:	-3.20%
Price / MA20:	+6.73%
Price / MA50:	+20.02%
Price / MA100:	+71.82%
Price / MAexp7:	+14.64%
Price / MAexp20:	+59.54%
Price / MAexp50:	-70.98%
Price / MAexp100:	-94.73%

Quotes : 2020-08-15 15:29:23 - Real time data - Cryptocompare

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

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