VELO - VELO/USDT - 15 min. - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bullish
Technical indicators
44%
17%
39%
My opinion
Neutral between 0.008041 USDT and 0.009749 USDT
My targets
-
My analysis
The strong short-term decrease on VELO - VELO/USDT is in contrast to the bullish trend. Sellers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a fall. Has an economic announcement impacting the basics been published? As long as the price remains above 0.008041 USDT, you could take advantage of the short-term boom. The first bearish objective would be 0.008041 USDT. Then the price could move towards 0.007035 USDT. Then 0.005327 USDT by extension. Attention should be paid to reaction of the price on these supports to see if buyers show up. Be careful, a return to above 0.009749 USDT could be a sign of a recovery in the basic bullish trend.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The VELO - VELO/USDT price is 0.008358 USDT. The price is lower by -4.40% since the last closing with the lowest point at 0.007652 USDT and the highest point at 0.009561 USDT. The deviation from the price is +9.23% for the low point and -12.58% for the high point.0.007652
0.009561
0.008358
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on VELO - VELO/USDT were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of VELO - VELO/USDT indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend could be challenged by the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.006220 | 0.007784 | 0.008354 | 0.008358 | 0.017500 | 0.021750 | 0.029585 |
| Change (%) | -25.58% | -6.87% | -0.05% | - | +109.38% | +160.23% | +253.97% |
| Change | -0.002138 | -0.000574 | -0.000004 | - | +0.009142 | +0.013392 | +0.021227 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004321 | 0.005327 | 0.007035 | 0.008041 | 0.009749 | 0.010755 | 0.012463 |
| Camarilla | 0.007997 | 0.008245 | 0.008494 | 0.008743 | 0.008992 | 0.009241 | 0.009489 |
| Woodie | 0.004672 | 0.005503 | 0.007386 | 0.008217 | 0.010100 | 0.010931 | 0.012814 |
| Fibonacci | 0.005327 | 0.006364 | 0.007004 | 0.008041 | 0.009078 | 0.009718 | 0.010755 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.002012 | 0.000132 | 0.004066 | 0.006210 | 0.010144 | 0.012288 | 0.016222 |
| Camarilla | 0.006329 | 0.006886 | 0.007443 | 0.008000 | 0.008557 | 0.009114 | 0.009672 |
| Woodie | -0.001117 | 0.000580 | 0.004961 | 0.006658 | 0.011039 | 0.012736 | 0.017117 |
| Fibonacci | 0.000132 | 0.002454 | 0.003888 | 0.006210 | 0.008532 | 0.009966 | 0.012288 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.000842 | 0.000413 | 0.001425 | 0.002680 | 0.003692 | 0.004947 | 0.005959 |
| Camarilla | 0.001813 | 0.002020 | 0.002228 | 0.002436 | 0.002644 | 0.002852 | 0.003059 |
| Woodie | -0.000965 | 0.000352 | 0.001303 | 0.002619 | 0.003570 | 0.004886 | 0.005837 |
| Fibonacci | 0.000413 | 0.001279 | 0.001814 | 0.002680 | 0.003546 | 0.004081 | 0.004947 |
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): | 50.40 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 2.835389 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.008955 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.008625 | |
| Elder Ray (13): | -0.000015 | |
| Super Trend (3,10): | 0.008491 | |
| Zig ZAG (10): | 0.008980 | |
| VORTEX (21): | 0.9279 | |
| Stochastique (14,3,5): | 44.58 | |
| TEMA (21): | 0.008889 | |
| Williams %R (14): | -43.23 | |
| Chande Momentum Oscillator (20): | 0.000169 | |
| Repulse (5,40,3): | 0.6155 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1629 | |
| Courbe Coppock: | 3.33 |
| MA7: | 0.006697 | |
| MA20: | 0.004014 | |
| MA50: | 0.003078 | |
| MA100: | 0.002245 | |
| MAexp7: | 0.008911 | |
| MAexp20: | 0.008834 | |
| MAexp50: | 0.008588 | |
| MAexp100: | 0.008134 | |
| Price / MA7: | +24.80% | |
| Price / MA20: | +108.22% | |
| Price / MA50: | +171.54% | |
| Price / MA100: | +272.29% | |
| Price / MAexp7: | -6.21% | |
| Price / MAexp20: | -5.39% | |
| Price / MAexp50: | -2.68% | |
| Price / MAexp100: | +2.75% |
Quotes :
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Real time data
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Cryptocompare
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