Londinia Opportunities Analyses - 12/03/2021 (GMT) VERASITY - VRA/USDT - 1H

VERASITY - VRA/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: VRAUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 0.053882 USDT
My targets
0.050720 USDT (-3.30%)
0.047803 USDT (-8.86%)
My analysis
The bearish trend is currently very strong for VERASITY - VRA/USDT. As long as the price remains below the resistance at 0.053882 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.050720 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.047803 USDT as an objective. Crossing it would then enable sellers to target 0.026163 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4

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Additional analysis

Quotes

The VERASITY - VRA/USDT price is 0.052450 USDT. The price registered a decrease of -4.74% on the session and was traded between 0.051670 USDT and 0.061020 USDT over the period. The price is currently at +1.51% from its lowest and -14.04% from its highest.

0.051670
0.061020
0.052450

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VERASITY - VRA/USDT:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of VERASITY - VRA/USDT in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.007911 0.026163 0.050720 0.052450 0.053882 0.055627 0.057305
Change (%) -84.92% -50.12% -3.30% - +2.73% +6.06% +9.26%
Change -0.044539 -0.026287 -0.001730 - +0.001432 +0.003177 +0.004855
Level Intermediate Intermediate Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0490530.0513870.0532230.0555570.0573930.0597270.061563
Camarilla0.0539130.0542960.0546780.0550600.0554420.0558250.056207
Woodie0.0488050.0512630.0529750.0554330.0571450.0596030.061315
Fibonacci0.0513870.0529800.0539640.0555570.0571500.0581340.059727


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0392670.0478030.0529270.0614630.0665870.0751230.080247
Camarilla0.0542940.0555460.0567980.0580500.0593020.0605540.061807
Woodie0.0375600.0469500.0512200.0606100.0648800.0742700.078540
Fibonacci0.0478030.0530220.0562450.0614630.0666820.0699050.075123


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0078470.0295230.0436070.0652830.0793670.1010430.115127
Camarilla0.0478560.0511340.0544120.0576900.0609680.0642460.067524
Woodie0.0040500.0276250.0398100.0633850.0755700.0991450.111330
Fibonacci0.0295230.0431840.0516230.0652830.0789440.0873830.101043

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): 33.72
MACD (12,26,9): -0.0005
Directional Movement: 7.813203
AROON (14): -100.000000
DEMA (21): 0.053653
Parabolic SAR (0,02-0,02-0,2): 0.058726
Elder Ray (13): -0.001497
Super Trend (3,10): 0.055736
Zig ZAG (10): 0.052530
VORTEX (21): 0.9268
Stochastique (14,3,5): 1.04
TEMA (21): 0.053446
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.002120
Repulse (5,40,3): -4.3768
ROCnROLL: 2
TRIX (15,9): -0.0762
Courbe Coppock: 3.21
MA7: 0.056796
MA20: 0.060093
MA50: 0.065666
MA100: 0.052275
MAexp7: 0.053376
MAexp20: 0.054217
MAexp50: 0.055019
MAexp100: 0.055975
Price / MA7: -7.65%
Price / MA20: -12.72%
Price / MA50: -20.13%
Price / MA100: +0.33%
Price / MAexp7: -1.73%
Price / MAexp20: -3.26%
Price / MAexp50: -4.67%
Price / MAexp100: -6.30%

Quotes : - Real time data - Cryptocompare