VECHAIN - VET/USD - 1H - Technical analysis published on 06/07/2023 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
17%
44%
39%
My opinion
Neutral between 0.018720 USD and 0.019547 USD
My targets
-
My analysis
There is no basic trend on VECHAIN - VET/USD and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 0.019547 USD. The nearest support is located at 0.018720 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, technical indicators are bearish and could soon allow change to a bearish sentiment.
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.
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Additional analysis
Quotes
VECHAIN - VET/USD rating 0.019020 USD. On the day, this instrument lost -0.11% and was between 0.017889 USD and 0.019370 USD. This implies that the price is at +6.32% from its lowest and at -1.81% from its highest.0.017889
0.019370
0.019020
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:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of VECHAIN - VET/USD in 1H shows a neutral overall trend. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. 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 : 1 hour
An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.015637 | 0.018049 | 0.018720 | 0.019020 | 0.019547 | 0.020239 | 0.021175 |
| Change (%) | -17.79% | -5.11% | -1.58% | - | +2.77% | +6.41% | +11.33% |
| Change | -0.003383 | -0.000971 | -0.000300 | - | +0.000527 | +0.001219 | +0.002155 |
| Level | Intermediate | Major | Major | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017090 | 0.017575 | 0.018308 | 0.018793 | 0.019526 | 0.020011 | 0.020744 |
| Camarilla | 0.018705 | 0.018817 | 0.018928 | 0.019040 | 0.019152 | 0.019263 | 0.019375 |
| Woodie | 0.017213 | 0.017637 | 0.018431 | 0.018855 | 0.019649 | 0.020073 | 0.020867 |
| Fibonacci | 0.017575 | 0.018041 | 0.018328 | 0.018793 | 0.019259 | 0.019546 | 0.020011 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.017204 | 0.018283 | 0.019021 | 0.020100 | 0.020838 | 0.021917 | 0.022655 |
| Camarilla | 0.019260 | 0.019427 | 0.019593 | 0.019760 | 0.019927 | 0.020093 | 0.020260 |
| Woodie | 0.017035 | 0.018198 | 0.018852 | 0.020015 | 0.020669 | 0.021832 | 0.022486 |
| Fibonacci | 0.018283 | 0.018977 | 0.019406 | 0.020100 | 0.020794 | 0.021223 | 0.021917 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014066 | 0.016203 | 0.018309 | 0.020446 | 0.022552 | 0.024689 | 0.026795 |
| Camarilla | 0.019247 | 0.019636 | 0.020025 | 0.020414 | 0.020803 | 0.021192 | 0.021581 |
| Woodie | 0.014050 | 0.016195 | 0.018293 | 0.020438 | 0.022536 | 0.024681 | 0.026779 |
| Fibonacci | 0.016203 | 0.017824 | 0.018826 | 0.020446 | 0.022067 | 0.023069 | 0.024689 |
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): | 52.25 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 1.168231 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.018434 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.019340 | |
| Elder Ray (13): | -0.000062 | |
| Super Trend (3,10): | 0.019386 | |
| Zig ZAG (10): | 0.017908 | |
| VORTEX (21): | 0.9270 | |
| Stochastique (14,3,5): | 9.07 | |
| TEMA (21): | 0.018381 | |
| Williams %R (14): | -98.72 | |
| Chande Momentum Oscillator (20): | -0.000832 | |
| Repulse (5,40,3): | 4.3673 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0186 | |
| Courbe Coppock: | 2.53 |
| MA7: | 0.019278 | |
| MA20: | 0.019595 | |
| MA50: | 0.020427 | |
| MA100: | 0.022155 | |
| MAexp7: | 0.018425 | |
| MAexp20: | 0.018633 | |
| MAexp50: | 0.018758 | |
| MAexp100: | 0.019051 | |
| Price / MA7: | -1.34% | |
| Price / MA20: | -2.93% | |
| Price / MA50: | -6.89% | |
| Price / MA100: | -14.15% | |
| Price / MAexp7: | +3.23% | |
| Price / MAexp20: | +2.08% | |
| Price / MAexp50: | +1.40% | |
| Price / MAexp100: | -0.16% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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