VERASITY - VRA/USDT - 1H - Technical analysis published on 02/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 0.010090 USDT
My targets
0.010680 USDT (+1.04%)
0.011010 USDT (+4.16%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on VERASITY - VRA/USDT. As long as you are above the support located at 0.010090 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.010680 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.011010 USDT as an objective. Crossing it would then enable buyers to target 0.011240 USDT. If the support 0.010090 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.2
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VERASITY - VRA/USDT rating 0.010570 USDT. The price registered a decrease of -2.85% on the session with the lowest point at 0.010500 USDT and the highest point at 0.011030 USDT. The deviation from the price is +0.67% for the low point and -4.17% for the high point.0.010500
0.011030
0.010570
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this VERASITY - VRA/USDT chart shows a bullish trend. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.009310 | 0.009795 | 0.010090 | 0.010570 | 0.010680 | 0.011010 | 0.011240 |
Change (%) | -11.92% | -7.33% | -4.54% | - | +1.04% | +4.16% | +6.34% |
Change | -0.001260 | -0.000775 | -0.000480 | - | +0.000110 | +0.000440 | +0.000670 |
Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 0.008770 | 0.009244 | 0.010062 | 0.010536 | 0.011354 | 0.011828 | 0.012646 |
Camarilla | 0.010525 | 0.010643 | 0.010762 | 0.010880 | 0.010998 | 0.011117 | 0.011235 |
Woodie | 0.008942 | 0.009330 | 0.010234 | 0.010622 | 0.011526 | 0.011914 | 0.012818 |
Fibonacci | 0.009244 | 0.009738 | 0.010043 | 0.010536 | 0.011030 | 0.011335 | 0.011828 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.003429 | 0.005347 | 0.007414 | 0.009332 | 0.011399 | 0.013317 | 0.015384 |
Camarilla | 0.008385 | 0.008750 | 0.009116 | 0.009481 | 0.009846 | 0.010212 | 0.010577 |
Woodie | 0.003504 | 0.005384 | 0.007489 | 0.009369 | 0.011474 | 0.013354 | 0.015459 |
Fibonacci | 0.005347 | 0.006869 | 0.007810 | 0.009332 | 0.010854 | 0.011795 | 0.013317 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.002058 | 0.000037 | 0.003178 | 0.005273 | 0.008414 | 0.010509 | 0.013650 |
Camarilla | 0.004880 | 0.005360 | 0.005840 | 0.006320 | 0.006800 | 0.007280 | 0.007760 |
Woodie | -0.001534 | 0.000299 | 0.003702 | 0.005535 | 0.008938 | 0.010771 | 0.014174 |
Fibonacci | 0.000037 | 0.002037 | 0.003273 | 0.005273 | 0.007273 | 0.008509 | 0.010509 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 53.40 | |
MACD (12,26,9): | 0.0001 | |
Directional Movement: | 12.795001 | |
AROON (14): | -50.000000 | |
DEMA (21): | 0.010775 | |
Parabolic SAR (0,02-0,02-0,2): | 0.010969 | |
Elder Ray (13): | -0.000052 | |
Super Trend (3,10): | 0.010271 | |
Zig ZAG (10): | 0.010590 | |
VORTEX (21): | 1.0721 | |
Stochastique (14,3,5): | 19.73 | |
TEMA (21): | 0.010734 | |
Williams %R (14): | -79.25 | |
Chande Momentum Oscillator (20): | -0.000100 | |
Repulse (5,40,3): | -0.7134 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.2557 | |
Courbe Coppock: | 1.59 |
MA7: | 0.009842 | |
MA20: | 0.008315 | |
MA50: | 0.005585 | |
MA100: | 0.004197 | |
MAexp7: | 0.010639 | |
MAexp20: | 0.010590 | |
MAexp50: | 0.010308 | |
MAexp100: | 0.010018 | |
Price / MA7: | +7.40% | |
Price / MA20: | +27.12% | |
Price / MA50: | +89.26% | |
Price / MA100: | +151.85% | |
Price / MAexp7: | -0.65% | |
Price / MAexp20: | -0.19% | |
Price / MAexp50: | +2.54% | |
Price / MAexp100: | +5.51% |
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
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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