VERASITY - VRA/USDT - 1H - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 0.008326 USDT
My targets
0.007635 USDT (-7.60%)
0.006285 USDT (-23.93%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on VERASITY - VRA/USDT as long as the price remains well below 0.008326 USDT. The sellers' bearish objective is set at 0.007635 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.006285 USDT. In case of crossing, the next objective would be the support located at 0.004557 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.3
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This analysis was given by Bevan Paul. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
VERASITY - VRA/USDT rating 0.008263 USDT. The price registered a decrease of -3.37% on the session and was traded between 0.007946 USDT and 0.008620 USDT over the period. The price is currently at +3.99% from its lowest and -4.14% from its highest.0.007946
0.008620
0.008263
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
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 sharp 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.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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 | 0.002563 | 0.004557 | 0.007635 | 0.008263 | 0.008326 | 0.008734 | 0.009142 |
| Change (%) | -68.98% | -44.85% | -7.60% | - | +0.76% | +5.70% | +10.64% |
| Change | -0.005700 | -0.003706 | -0.000628 | - | +0.000063 | +0.000471 | +0.000879 |
| Level | Minor | Major | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006823 | 0.007574 | 0.008063 | 0.008814 | 0.009303 | 0.010054 | 0.010543 |
| Camarilla | 0.008210 | 0.008324 | 0.008437 | 0.008551 | 0.008665 | 0.008778 | 0.008892 |
| Woodie | 0.006691 | 0.007509 | 0.007931 | 0.008749 | 0.009171 | 0.009989 | 0.010411 |
| Fibonacci | 0.007574 | 0.008048 | 0.008341 | 0.008814 | 0.009288 | 0.009581 | 0.010054 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006285 | 0.007470 | 0.008661 | 0.009846 | 0.011037 | 0.012222 | 0.013413 |
| Camarilla | 0.009200 | 0.009417 | 0.009635 | 0.009853 | 0.010071 | 0.010289 | 0.010506 |
| Woodie | 0.006289 | 0.007472 | 0.008665 | 0.009848 | 0.011041 | 0.012224 | 0.013417 |
| Fibonacci | 0.007470 | 0.008377 | 0.008938 | 0.009846 | 0.010753 | 0.011314 | 0.012222 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001936 | 0.000134 | 0.003227 | 0.005297 | 0.008390 | 0.010460 | 0.013553 |
| Camarilla | 0.004900 | 0.005374 | 0.005847 | 0.006320 | 0.006793 | 0.007267 | 0.007740 |
| Woodie | -0.001425 | 0.000390 | 0.003739 | 0.005553 | 0.008902 | 0.010716 | 0.014065 |
| Fibonacci | 0.000134 | 0.002106 | 0.003325 | 0.005297 | 0.007269 | 0.008488 | 0.010460 |
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): | 32.55 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -29.171460 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.008312 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008399 | |
| Elder Ray (13): | -0.000230 | |
| Super Trend (3,10): | 0.008738 | |
| Zig ZAG (10): | 0.008220 | |
| VORTEX (21): | 0.7895 | |
| Stochastique (14,3,5): | 26.44 | |
| TEMA (21): | 0.008192 | |
| Williams %R (14): | -74.71 | |
| Chande Momentum Oscillator (20): | -0.000666 | |
| Repulse (5,40,3): | -0.2357 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3594 | |
| Courbe Coppock: | 14.14 |
| MA7: | 0.009347 | |
| MA20: | 0.009120 | |
| MA50: | 0.006414 | |
| MA100: | 0.004559 | |
| MAexp7: | 0.008362 | |
| MAexp20: | 0.008648 | |
| MAexp50: | 0.009022 | |
| MAexp100: | 0.009346 | |
| Price / MA7: | -11.60% | |
| Price / MA20: | -9.40% | |
| Price / MA50: | +28.83% | |
| Price / MA100: | +81.25% | |
| Price / MAexp7: | -1.18% | |
| Price / MAexp20: | -4.45% | |
| Price / MAexp50: | -8.41% | |
| Price / MAexp100: | -11.59% |
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.
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