VECHAIN - VET/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

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

Type:	Cryptocurrencies
Ticker:	VETUSD
ISIN:

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

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

50%

44%

My opinion

Bullish above 0.018200 USD

My targets

0.021900 USD (+10.61%)

0.029300 USD (+47.98%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VECHAIN - VET/USD as long as the price remains well above 0.018200 USD. The buyers” bullish objective is set at 0.021900 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.029300 USD. If there is any crossing, the next objective would be the resistance located at 2.290000 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.5

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 0.019800 USD. On the day, this instrument lost -3.88% and was traded between 0.019600 USD and 0.020600 USD over the period. The price is currently at +1.02% from its lowest and -3.88% from its highest.

0.019600

0.020600

0.019800

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

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 Daily of this VECHAIN - VET/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.008251	0.015600	0.018200	0.019800	0.020000	0.021900	2.290000
Change (%)	-58.33%	-21.21%	-8.08%	-	+1.01%	+10.61%	+11,465.66%
Change	-0.011549	-0.004200	-0.001600	-	+0.000200	+0.002100	+2.270200
Level	Minor	Major	Intermediate	-	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	0.018233	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):	56.43
MACD (12,26,9):	0.0012
Directional Movement:	10.235892
AROON (14):	50.000000
DEMA (21):	0.020686
Parabolic SAR (0,02-0,02-0,2):	0.018950
Elder Ray (13):	0.000423
Super Trend (3,10):	0.016318
Zig ZAG (10):	0.020000
VORTEX (21):	1.0727
Stochastique (14,3,5):	58.22
TEMA (21):	0.020582
Williams %R (14):	-42.25
Chande Momentum Oscillator (20):	0.003300
Repulse (5,40,3):	0.7129
ROCnROLL:	1
TRIX (15,9):	0.9568
Courbe Coppock:	40.65

MA7:	0.020557
MA20:	0.018645
MA50:	0.016580
MA100:	0.011582
MAexp7:	0.020121
MAexp20:	0.019095
MAexp50:	0.016512
MAexp100:	0.013225
Price / MA7:	-3.68%
Price / MA20:	+6.19%
Price / MA50:	+19.42%
Price / MA100:	+70.95%
Price / MAexp7:	-1.60%
Price / MAexp20:	+3.69%
Price / MAexp50:	+19.91%
Price / MAexp100:	+49.72%

Quotes : 2020-08-15 15:37:02 - Real time data - Cryptocompare

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

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