VERASITY - VRA/USDT - 1H - Technical analysis published on 03/14/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.006827 USDT
My targets
0.006280 USDT (-2.79%)
0.005920 USDT (-8.35%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for VERASITY - VRA/USDT as long as the price remains well below 0.006827 USDT. The next bearish objective for sellers is set at 0.006280 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.005920 USDT. In case of crossing, the next objective would be the support located at 0.005272 USDT. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 0.006280 USDT. With this support, against the trend traders who want to buy VERASITY - VRA/USDT on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
1.8
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This analysis was given by fallbelow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VERASITY - VRA/USDT rating is 0.006460 USDT. The price registered a decrease of -5.51% on the session and was traded between 0.006369 USDT and 0.007052 USDT over the period. The price is currently at +1.43% from its lowest and -8.39% from its highest.0.006369
0.007052
0.006460
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
Here is a more detailed summary of the historical variations registered by VERASITY - VRA/USDT:
Technical
Technical analysis of VERASITY - VRA/USDT in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.004557 | 0.005272 | 0.006280 | 0.006460 | 0.006827 | 0.007212 | 0.007635 |
| Change (%) | -29.46% | -18.39% | -2.79% | - | +5.68% | +11.64% | +18.19% |
| Change | -0.001903 | -0.001188 | -0.000180 | - | +0.000367 | +0.000752 | +0.001175 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005404 | 0.005840 | 0.006339 | 0.006775 | 0.007274 | 0.007710 | 0.008209 |
| Camarilla | 0.006580 | 0.006666 | 0.006751 | 0.006837 | 0.006923 | 0.007008 | 0.007094 |
| Woodie | 0.005435 | 0.005856 | 0.006370 | 0.006791 | 0.007305 | 0.007726 | 0.008240 |
| Fibonacci | 0.005840 | 0.006198 | 0.006418 | 0.006775 | 0.007133 | 0.007353 | 0.007710 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002900 | 0.003774 | 0.005046 | 0.005920 | 0.007192 | 0.008066 | 0.009338 |
| Camarilla | 0.005727 | 0.005924 | 0.006120 | 0.006317 | 0.006514 | 0.006710 | 0.006907 |
| Woodie | 0.003098 | 0.003874 | 0.005244 | 0.006020 | 0.007390 | 0.008166 | 0.009536 |
| Fibonacci | 0.003774 | 0.004594 | 0.005101 | 0.005920 | 0.006740 | 0.007247 | 0.008066 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000184 | 0.002734 | 0.005414 | 0.008332 | 0.011012 | 0.013930 | 0.016610 |
| Camarilla | 0.006555 | 0.007068 | 0.007581 | 0.008094 | 0.008607 | 0.009120 | 0.009634 |
| Woodie | -0.000303 | 0.002675 | 0.005295 | 0.008273 | 0.010893 | 0.013871 | 0.016491 |
| Fibonacci | 0.002734 | 0.004872 | 0.006194 | 0.008332 | 0.010470 | 0.011792 | 0.013930 |
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): | 35.23 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -9.522515 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.006808 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007169 | |
| Elder Ray (13): | -0.000303 | |
| Super Trend (3,10): | 0.006951 | |
| Zig ZAG (10): | 0.006448 | |
| VORTEX (21): | 1.0086 | |
| Stochastique (14,3,5): | 12.46 | |
| TEMA (21): | 0.006707 | |
| Williams %R (14): | -85.94 | |
| Chande Momentum Oscillator (20): | -0.000415 | |
| Repulse (5,40,3): | -3.7636 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.2031 | |
| Courbe Coppock: | 5.33 |
| MA7: | 0.006074 | |
| MA20: | 0.007168 | |
| MA50: | 0.007418 | |
| MA100: | 0.005047 | |
| MAexp7: | 0.006679 | |
| MAexp20: | 0.006746 | |
| MAexp50: | 0.006565 | |
| MAexp100: | 0.006311 | |
| Price / MA7: | +6.35% | |
| Price / MA20: | -9.88% | |
| Price / MA50: | -12.91% | |
| Price / MA100: | +28.00% | |
| Price / MAexp7: | -3.28% | |
| Price / MAexp20: | -4.24% | |
| Price / MAexp50: | -1.60% | |
| Price / MAexp100: | +2.36% |
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.
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