VELO - VELO/USDT
VELO - VELO/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: VELOUSDT
ISIN:

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

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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

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Consciousconnection. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

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.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VELO - VELO/USDT:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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:

Central Volumes

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:

Central Candlesticks

Black hanging man / hammer

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard0.0043210.0053270.0070350.0080410.0097490.0107550.012463
Camarilla0.0079970.0082450.0084940.0087430.0089920.0092410.009489
Woodie0.0046720.0055030.0073860.0082170.0101000.0109310.012814
Fibonacci0.0053270.0063640.0070040.0080410.0090780.0097180.010755


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0020120.0001320.0040660.0062100.0101440.0122880.016222
Camarilla0.0063290.0068860.0074430.0080000.0085570.0091140.009672
Woodie-0.0011170.0005800.0049610.0066580.0110390.0127360.017117
Fibonacci0.0001320.0024540.0038880.0062100.0085320.0099660.012288


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0008420.0004130.0014250.0026800.0036920.0049470.005959
Camarilla0.0018130.0020200.0022280.0024360.0026440.0028520.003059
Woodie-0.0009650.0003520.0013030.0026190.0035700.0048860.005837
Fibonacci0.0004130.0012790.0018140.0026800.0035460.0040810.004947

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 : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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