VERASITY - VRA/USDT - 1H - Technical analysis published on 02/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 0.029170 USDT
My targets
0.033410 USDT (+8.30%)
0.035424 USDT (+14.83%)
My analysis
With a bullish background trend, the price of VERASITY - VRA/USDT is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 0.029170 USDT. A bullish break in the resistance located at 0.033410 USDT would boost the bullish momentum and fuel the basic trend. Then the price could move towards 0.035424 USDT. Then 0.050720 USDT by extension. It would be safer to wait for a bullish break in the resistance located at 0.033410 USDT before allowing yourself to re trade long positions (at purchase) on VERASITY - VRA/USDT. PS: if there is a bearish break in the support located at 0.029170 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.9
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Additional analysis
Quotes
VERASITY - VRA/USDT rating 0.030850 USDT. On the day, this instrument lost -3.53% and was traded between 0.030040 USDT and 0.032550 USDT over the period. The price is currently at +2.70% from its lowest and -5.22% from its highest.0.030040
0.032550
0.030850
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this VERASITY - VRA/USDT chart shows a bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend could slow down given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 5 are bullish, 7 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
MACD 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 presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.020483 | 0.026163 | 0.028513 | 0.030850 | 0.030930 | 0.035424 | 0.050720 |
| Change (%) | -33.60% | -15.19% | -7.58% | - | +0.26% | +14.83% | +64.41% |
| Change | -0.010367 | -0.004687 | -0.002337 | - | +0.000080 | +0.004574 | +0.019870 |
| Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.022537 | 0.025533 | 0.028757 | 0.031753 | 0.034977 | 0.037973 | 0.041197 |
| Camarilla | 0.030270 | 0.030840 | 0.031410 | 0.031980 | 0.032550 | 0.033120 | 0.033691 |
| Woodie | 0.022650 | 0.025590 | 0.028870 | 0.031810 | 0.035090 | 0.038030 | 0.041310 |
| Fibonacci | 0.025533 | 0.027909 | 0.029377 | 0.031753 | 0.034129 | 0.035597 | 0.037973 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.012650 | 0.015330 | 0.019570 | 0.022250 | 0.026490 | 0.029170 | 0.033410 |
| Camarilla | 0.021907 | 0.022541 | 0.023176 | 0.023810 | 0.024444 | 0.025079 | 0.025713 |
| Woodie | 0.013430 | 0.015720 | 0.020350 | 0.022640 | 0.027270 | 0.029560 | 0.034190 |
| Fibonacci | 0.015330 | 0.017973 | 0.019607 | 0.022250 | 0.024893 | 0.026527 | 0.029170 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.005600 | 0.005880 | 0.012880 | 0.024360 | 0.031360 | 0.042840 | 0.049840 |
| Camarilla | 0.014798 | 0.016492 | 0.018186 | 0.019880 | 0.021574 | 0.023268 | 0.024962 |
| Woodie | -0.007840 | 0.004760 | 0.010640 | 0.023240 | 0.029120 | 0.041720 | 0.047600 |
| Fibonacci | 0.005880 | 0.012939 | 0.017301 | 0.024360 | 0.031419 | 0.035781 | 0.042840 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.15 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -4.054392 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.031110 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.030043 | |
| Elder Ray (13): | -0.000356 | |
| Super Trend (3,10): | 0.032921 | |
| Zig ZAG (10): | 0.030500 | |
| VORTEX (21): | 0.9937 | |
| Stochastique (14,3,5): | 45.85 | |
| TEMA (21): | 0.030677 | |
| Williams %R (14): | -55.91 | |
| Chande Momentum Oscillator (20): | 0.001340 | |
| Repulse (5,40,3): | -1.0248 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0115 | |
| Courbe Coppock: | 6.17 |
| MA7: | 0.026269 | |
| MA20: | 0.022182 | |
| MA50: | 0.028392 | |
| MA100: | 0.041324 | |
| MAexp7: | 0.030955 | |
| MAexp20: | 0.031109 | |
| MAexp50: | 0.030361 | |
| MAexp100: | 0.028212 | |
| Price / MA7: | +17.44% | |
| Price / MA20: | +39.08% | |
| Price / MA50: | +8.66% | |
| Price / MA100: | -25.35% | |
| Price / MAexp7: | -0.34% | |
| Price / MAexp20: | -0.83% | |
| Price / MAexp50: | +1.61% | |
| Price / MAexp100: | +9.35% |
Quotes :
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Real time data
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Cryptocompare
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