VELO - VELO/USDT - 15 min. - Technical analysis published on 02/22/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 0.008041 USDT
My targets
0.009749 USDT (+2.82%)
0.010144 USDT (+6.98%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VELO - VELO/USDT as long as the price remains well above 0.008041 USDT. The buyers' bullish objective is set at 0.009749 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.010144 USDT. If there is any crossing, the next objective would be the resistance located at 0.010755 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VELO - VELO/USDT price is 0.009482 USDT. The price has increased by +8.45% since the last closing with the lowest point at 0.007652 USDT and the highest point at 0.010400 USDT. The deviation from the price is +23.92% for the low point and -8.83% for the high point.0.007652
0.010400
0.009482
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by VELO - VELO/USDT:
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 strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Black hanging man / hammer
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.006220 | 0.007784 | 0.008354 | 0.009482 | 0.017500 | 0.021750 | 0.029585 |
Change (%) | -34.40% | -17.91% | -11.90% | - | +84.56% | +129.38% | +212.01% |
Change | -0.003262 | -0.001698 | -0.001128 | - | +0.008018 | +0.012268 | +0.020103 |
Level | Intermediate | Intermediate | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 54.15 | |
MACD (12,26,9): | 0.0002 | |
Directional Movement: | 5.895899 | |
AROON (14): | 50.000000 | |
DEMA (21): | 0.009662 | |
Parabolic SAR (0,02-0,02-0,2): | 0.010360 | |
Elder Ray (13): | -0.000089 | |
Super Trend (3,10): | 0.009007 | |
Zig ZAG (10): | 0.009349 | |
VORTEX (21): | 1.1257 | |
Stochastique (14,3,5): | 46.86 | |
TEMA (21): | 0.009730 | |
Williams %R (14): | -65.95 | |
Chande Momentum Oscillator (20): | 0.000007 | |
Repulse (5,40,3): | -2.8629 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.3694 | |
Courbe Coppock: | 16.89 |
MA7: | 0.006747 | |
MA20: | 0.004035 | |
MA50: | 0.003086 | |
MA100: | 0.002249 | |
MAexp7: | 0.009482 | |
MAexp20: | 0.009405 | |
MAexp50: | 0.009057 | |
MAexp100: | 0.008599 | |
Price / MA7: | +40.54% | |
Price / MA20: | +134.99% | |
Price / MA50: | +207.26% | |
Price / MA100: | +321.61% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | +0.82% | |
Price / MAexp50: | +4.69% | |
Price / MAexp100: | +10.27% |
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.
About author
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