VECHAIN - VET/USD
VECHAIN - VET/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: VETUSD
ISIN:

VECHAIN - VET/USD - 1H - Technical analysis published on 08/10/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 0.104500 USD
My targets
0.110600 USD (+3.08%)
0.125087 USD (+16.58%)
My analysis
The basic bullish trend is very strong on VECHAIN - VET/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.104500 USD. Crossing the first resistance at 0.110600 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.125087 USD as an objective. Crossing it would then enable buyers to target 0.143100 USD. Caution, a return to below 0.104500 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.8

Complete this analysis for another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The VECHAIN - VET/USD rating is 0.107300 USD. On the day, this instrument gained +2.19% and was traded between 0.103900 USD and 0.107300 USD over the period. The price is currently at +3.27% from its lowest and 0% from its highest.

0.103900
0.107300
0.107300

Here is a more detailed summary of the historical variations registered by VECHAIN - VET/USD:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of VECHAIN - VET/USD in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 5 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



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

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.091578 0.097200 0.104500 0.107300 0.110600 0.143100 0.168180
Change (%) -14.65% -9.41% -2.61% - +3.08% +33.36% +56.74%
Change -0.015722 -0.010100 -0.002800 - +0.003300 +0.035800 +0.060880
Level Major Intermediate Minor - Intermediate Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0881330.0926670.0988330.1033670.1095330.1140670.120233
Camarilla0.1020580.1030380.1040190.1050000.1059810.1069620.107943
Woodie0.0889500.0930750.0996500.1037750.1103500.1144750.121050
Fibonacci0.0926670.0967540.0992790.1033670.1074540.1099790.114067


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0608330.0715270.0876130.0983070.1143930.1250870.141173
Camarilla0.0963360.0987900.1012450.1037000.1061550.1086100.111065
Woodie0.0635300.0728750.0903100.0996550.1170900.1264350.143870
Fibonacci0.0715270.0817570.0880770.0983070.1085370.1148570.125087


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0316530.0438270.0666130.0787870.1015730.1137470.136533
Camarilla0.0797860.0829910.0861950.0894000.0926050.0958090.099014
Woodie0.0369600.0464800.0719200.0814400.1068800.1164000.141840
Fibonacci0.0438270.0571810.0654320.0787870.0921410.1003920.113747

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): 52.93
MACD (12,26,9): 0.0004
Directional Movement: 11.314625
AROON (14): 92.857140
DEMA (21): 0.105358
Parabolic SAR (0,02-0,02-0,2): 0.103123
Elder Ray (13): 0.000484
Super Trend (3,10): 0.102994
Zig ZAG (10): 0.104700
VORTEX (21): 0.9545
Stochastique (14,3,5): 49.50
TEMA (21): 0.105191
Williams %R (14): -64.29
Chande Momentum Oscillator (20): -0.000100
Repulse (5,40,3): -0.6793
ROCnROLL: -1
TRIX (15,9): 0.0580
Courbe Coppock: 0.52
MA7: 0.098714
MA20: 0.086829
MA50: 0.080539
MA100: 0.109752
MAexp7: 0.105082
MAexp20: 0.104779
MAexp50: 0.103766
MAexp100: 0.101288
Price / MA7: +8.70%
Price / MA20: +23.58%
Price / MA50: +33.23%
Price / MA100: -2.23%
Price / MAexp7: +2.11%
Price / MAexp20: +2.41%
Price / MAexp50: +3.41%
Price / MAexp100: +5.94%

Quotes : - Real time data - Cryptocompare

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

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