VECHAIN - VET/USD - 1H - Technical analysis published on 10/07/2023 (GMT)
- 112
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
22%
28%
50%
My opinion
Neutral between 0.016548 USD and 0.016954 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 0.016548 USD. The first resistance is located at 0.016954 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, technical indicators are neutral and are not able to influence the opinion of this 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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VECHAIN - VET/USD rating 0.016749 USD. The price registered a decrease of -0.09% on the session with the lowest point at 0.016737 USD and the highest point at 0.017054 USD. The deviation from the price is +0.07% for the low point and -1.79% for the high point.0.016737
0.017054
0.016749
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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. 46.43% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 9 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
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 : 1 hour
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 | 0.014769 | 0.016294 | 0.016548 | 0.016749 | 0.016954 | 0.017161 | 0.017418 |
| Change (%) | -11.82% | -2.72% | -1.20% | - | +1.22% | +2.46% | +3.99% |
| Change | -0.001980 | -0.000455 | -0.000201 | - | +0.000205 | +0.000412 | +0.000669 |
| Level | Intermediate | Intermediate | Intermediate | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015584 | 0.015983 | 0.016374 | 0.016773 | 0.017164 | 0.017563 | 0.017954 |
| Camarilla | 0.016547 | 0.016619 | 0.016692 | 0.016764 | 0.016836 | 0.016909 | 0.016981 |
| Woodie | 0.015579 | 0.015981 | 0.016369 | 0.016771 | 0.017159 | 0.017561 | 0.017949 |
| Fibonacci | 0.015983 | 0.016285 | 0.016472 | 0.016773 | 0.017075 | 0.017262 | 0.017563 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.014981 | 0.015593 | 0.016565 | 0.017177 | 0.018149 | 0.018761 | 0.019733 |
| Camarilla | 0.017102 | 0.017248 | 0.017393 | 0.017538 | 0.017683 | 0.017828 | 0.017974 |
| Woodie | 0.015162 | 0.015683 | 0.016746 | 0.017267 | 0.018330 | 0.018851 | 0.019914 |
| Fibonacci | 0.015593 | 0.016198 | 0.016572 | 0.017177 | 0.017782 | 0.018156 | 0.018761 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011001 | 0.012746 | 0.015142 | 0.016887 | 0.019283 | 0.021028 | 0.023424 |
| Camarilla | 0.016399 | 0.016779 | 0.017158 | 0.017538 | 0.017918 | 0.018297 | 0.018677 |
| Woodie | 0.011327 | 0.012909 | 0.015468 | 0.017050 | 0.019609 | 0.021191 | 0.023750 |
| Fibonacci | 0.012746 | 0.014328 | 0.015305 | 0.016887 | 0.018469 | 0.019446 | 0.021028 |
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): | 49.41 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 8.185344 | |
| AROON (14): | 57.142857 | |
| DEMA (21): | 0.016861 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.017164 | |
| Elder Ray (13): | -0.000076 | |
| Super Trend (3,10): | 0.017312 | |
| Zig ZAG (10): | 0.016740 | |
| VORTEX (21): | 1.0206 | |
| Stochastique (14,3,5): | 54.20 | |
| TEMA (21): | 0.016887 | |
| Williams %R (14): | -64.24 | |
| Chande Momentum Oscillator (20): | -0.000036 | |
| Repulse (5,40,3): | -0.9801 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0564 | |
| Courbe Coppock: | 2.33 |
| MA7: | 0.016829 | |
| MA20: | 0.016953 | |
| MA50: | 0.016414 | |
| MA100: | 0.017506 | |
| MAexp7: | 0.016827 | |
| MAexp20: | 0.016787 | |
| MAexp50: | 0.016730 | |
| MAexp100: | 0.016760 | |
| Price / MA7: | -0.48% | |
| Price / MA20: | -1.20% | |
| Price / MA50: | +2.04% | |
| Price / MA100: | -4.32% | |
| Price / MAexp7: | -0.46% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | +0.11% | |
| Price / MAexp100: | -0.07% |
Quotes :
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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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