VECHAIN - VET/USD - 1H - Technical analysis published on 10/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
22%
50%
28%
My opinion
Neutral between 0.011400 USD and 0.011600 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 0.011400 USD. The first resistance is located at 0.011600 USD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VECHAIN - VET/USD price is 0.011500 USD. On the day, this instrument gained +0.00% with the lowest point at 0.011400 USD and the highest point at 0.011600 USD. The deviation from the price is +0.88% for the low point and -0.86% for the high point.0.011400
0.011600
0.011500
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of VECHAIN - VET/USD indicates that the overall trend is slightly bearish. Only 50.00% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Upside gap
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.010502 | 0.010999 | 0.011400 | 0.011500 | 0.011600 | 0.011800 | 0.012100 |
| Change (%) | -8.68% | -4.36% | -0.87% | - | +0.87% | +2.61% | +5.22% |
| Change | -0.000998 | -0.000501 | -0.000100 | - | +0.000100 | +0.000300 | +0.000600 |
| Level | Minor | Minor | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010767 | 0.011033 | 0.011267 | 0.011533 | 0.011767 | 0.012033 | 0.012267 |
| Camarilla | 0.011363 | 0.011408 | 0.011454 | 0.011500 | 0.011546 | 0.011592 | 0.011638 |
| Woodie | 0.010750 | 0.011025 | 0.011250 | 0.011525 | 0.011750 | 0.012025 | 0.012250 |
| Fibonacci | 0.011033 | 0.011224 | 0.011342 | 0.011533 | 0.011724 | 0.011842 | 0.012033 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007567 | 0.008633 | 0.009967 | 0.011033 | 0.012367 | 0.013433 | 0.014767 |
| Camarilla | 0.010640 | 0.010860 | 0.011080 | 0.011300 | 0.011520 | 0.011740 | 0.011960 |
| Woodie | 0.007700 | 0.008700 | 0.010100 | 0.011100 | 0.012500 | 0.013500 | 0.014900 |
| Fibonacci | 0.008633 | 0.009550 | 0.010117 | 0.011033 | 0.011950 | 0.012517 | 0.013433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003733 | 0.007367 | 0.010433 | 0.014067 | 0.017133 | 0.020767 | 0.023833 |
| Camarilla | 0.011658 | 0.012272 | 0.012886 | 0.013500 | 0.014114 | 0.014728 | 0.015343 |
| Woodie | 0.003450 | 0.007225 | 0.010150 | 0.013925 | 0.016850 | 0.020625 | 0.023550 |
| Fibonacci | 0.007367 | 0.009926 | 0.011507 | 0.014067 | 0.016626 | 0.018207 | 0.020767 |
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): | 49.25 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.137897 | |
| AROON (14): | -21.428573 | |
| DEMA (21): | 0.011500 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.011811 | |
| Elder Ray (13): | -0.000054 | |
| Super Trend (3,10): | 0.011879 | |
| Zig ZAG (10): | 0.011500 | |
| VORTEX (21): | 0.8621 | |
| Stochastique (14,3,5): | 33.33 | |
| TEMA (21): | 0.011479 | |
| Williams %R (14): | -60.00 | |
| Chande Momentum Oscillator (20): | -0.000200 | |
| Repulse (5,40,3): | -0.6602 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0026 | |
| Courbe Coppock: | 1.17 |
| MA7: | 0.011357 | |
| MA20: | 0.011970 | |
| MA50: | 0.013262 | |
| MA100: | 0.015746 | |
| MAexp7: | 0.011485 | |
| MAexp20: | 0.011514 | |
| MAexp50: | 0.011517 | |
| MAexp100: | 0.011485 | |
| Price / MA7: | +1.26% | |
| Price / MA20: | -3.93% | |
| Price / MA50: | -13.29% | |
| Price / MA100: | -26.97% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | +0.13% |
Quotes :
2020-10-14 04:12:19
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Real time data
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