VECHAIN - VET/USD - 1H - Technical analysis published on 09/08/2020 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Neutral between 0.011056 USD and 0.013020 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 0.013020 USD. The first support is located at 0.011056 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.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VECHAIN - VET/USD rating is 0.012100 USD. The price registered a decrease of -0.82% on the session and was between 0.012000 USD and 0.012300 USD. This implies that the price is at +0.83% from its lowest and at -1.63% from its highest.0.012000
0.012300
0.012100
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of VECHAIN - VET/USD in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
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:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.006878 | 0.009800 | 0.011056 | 0.012100 | 0.012127 | 0.013020 | 0.014800 |
| Change (%) | -43.16% | -19.01% | -8.63% | - | +0.22% | +7.60% | +22.31% |
| Change | -0.005222 | -0.002300 | -0.001044 | - | +0.000027 | +0.000920 | +0.002700 |
| Level | Major | Intermediate | Intermediate | - | Minor | Minor | Minor |
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 | 0.009817 | 0.010453 | 0.011327 | 0.011963 | 0.012837 | 0.013473 | 0.014347 |
| Camarilla | 0.011785 | 0.011923 | 0.012062 | 0.012200 | 0.012338 | 0.012477 | 0.012615 |
| Woodie | 0.009935 | 0.010513 | 0.011445 | 0.012023 | 0.012955 | 0.013533 | 0.014465 |
| Fibonacci | 0.010453 | 0.011030 | 0.011387 | 0.011963 | 0.012540 | 0.012897 | 0.013473 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001713 | 0.006407 | 0.009303 | 0.013997 | 0.016893 | 0.021587 | 0.024483 |
| Camarilla | 0.010113 | 0.010809 | 0.011504 | 0.012200 | 0.012896 | 0.013592 | 0.014287 |
| Woodie | 0.000815 | 0.005958 | 0.008405 | 0.013548 | 0.015995 | 0.021138 | 0.023585 |
| Fibonacci | 0.006407 | 0.009306 | 0.011097 | 0.013997 | 0.016896 | 0.018687 | 0.021587 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006600 | 0.011000 | 0.014200 | 0.018600 | 0.021800 | 0.026200 | 0.029400 |
| Camarilla | 0.015310 | 0.016007 | 0.016703 | 0.017400 | 0.018097 | 0.018793 | 0.019490 |
| Woodie | 0.006000 | 0.010700 | 0.013600 | 0.018300 | 0.021200 | 0.025900 | 0.028800 |
| Fibonacci | 0.011000 | 0.013903 | 0.015697 | 0.018600 | 0.021503 | 0.023297 | 0.026200 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.99 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 9.258063 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.011814 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.011436 | |
| Elder Ray (13): | 0.000248 | |
| Super Trend (3,10): | 0.012206 | |
| Zig ZAG (10): | 0.012100 | |
| VORTEX (21): | 0.9984 | |
| Stochastique (14,3,5): | 88.98 | |
| TEMA (21): | 0.011960 | |
| Williams %R (14): | -16.53 | |
| Chande Momentum Oscillator (20): | 0.000880 | |
| Repulse (5,40,3): | 0.1983 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1289 | |
| Courbe Coppock: | 5.53 |
| MA7: | 0.013071 | |
| MA20: | 0.015885 | |
| MA50: | 0.017450 | |
| MA100: | 0.014385 | |
| MAexp7: | 0.011984 | |
| MAexp20: | 0.011886 | |
| MAexp50: | 0.012150 | |
| MAexp100: | 0.012858 | |
| Price / MA7: | -7.43% | |
| Price / MA20: | -23.83% | |
| Price / MA50: | -30.66% | |
| Price / MA100: | -15.88% | |
| Price / MAexp7: | +0.97% | |
| Price / MAexp20: | +1.80% | |
| Price / MAexp50: | -0.41% | |
| Price / MAexp100: | -5.90% |
Quotes :
2020-09-08 01:48:35
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Real time data
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