VELO - VELO/USDT - 15 min. - Technical analysis published on 03/17/2023 (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
61%
6%
33%
My opinion
Bullish above 0.009438 USDT
My targets
0.010198 USDT (+2.05%)
0.010789 USDT (+7.97%)
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 0.009438 USDT. The buyers' bullish objective is set at 0.010198 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.010789 USDT. If there is any crossing, the next objective would be the resistance located at 0.011549 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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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 rating is 0.009993 USDT. On the day, this instrument gained +4.03% and was traded between 0.009443 USDT and 0.010150 USDT over the period. The price is currently at +5.82% from its lowest and -1.55% from its highest.0.009443
0.010150
0.009993
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of VELO - VELO/USDT in 15 min. shows a strongly overall bullish trend. 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 market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
Bullish harami cross
Type : Bullish
Timeframe : 15 minutes
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.007784 | 0.008471 | 0.009244 | 0.009993 | 0.010030 | 0.010760 | 0.029585 |
| Change (%) | -22.11% | -15.23% | -7.50% | - | +0.37% | +7.68% | +196.06% |
| Change | -0.002209 | -0.001522 | -0.000749 | - | +0.000037 | +0.000767 | +0.019592 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | 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 | 0.007496 | 0.008087 | 0.008847 | 0.009438 | 0.010198 | 0.010789 | 0.011549 |
| Camarilla | 0.009235 | 0.009358 | 0.009482 | 0.009606 | 0.009730 | 0.009854 | 0.009978 |
| Woodie | 0.007580 | 0.008129 | 0.008931 | 0.009480 | 0.010282 | 0.010831 | 0.011633 |
| Fibonacci | 0.008087 | 0.008603 | 0.008922 | 0.009438 | 0.009954 | 0.010273 | 0.010789 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001807 | 0.003730 | 0.004993 | 0.006916 | 0.008179 | 0.010102 | 0.011365 |
| Camarilla | 0.005380 | 0.005672 | 0.005964 | 0.006256 | 0.006548 | 0.006840 | 0.007132 |
| Woodie | 0.001477 | 0.003565 | 0.004663 | 0.006751 | 0.007849 | 0.009937 | 0.011035 |
| Fibonacci | 0.003730 | 0.004947 | 0.005699 | 0.006916 | 0.008133 | 0.008885 | 0.010102 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004047 | -0.000933 | 0.004913 | 0.008027 | 0.013873 | 0.016987 | 0.022833 |
| Camarilla | 0.008296 | 0.009117 | 0.009939 | 0.010760 | 0.011581 | 0.012403 | 0.013224 |
| Woodie | -0.002680 | -0.000250 | 0.006280 | 0.008710 | 0.015240 | 0.017670 | 0.024200 |
| Fibonacci | -0.000933 | 0.002489 | 0.004604 | 0.008027 | 0.011449 | 0.013564 | 0.016987 |
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): | 60.64 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 2.721805 | |
| AROON (14): | 35.714285 | |
| DEMA (21): | 0.009922 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009805 | |
| Elder Ray (13): | 0.000139 | |
| Super Trend (3,10): | 0.009542 | |
| Zig ZAG (10): | 0.010000 | |
| VORTEX (21): | 1.1460 | |
| Stochastique (14,3,5): | 71.23 | |
| TEMA (21): | 0.009996 | |
| Williams %R (14): | -22.49 | |
| Chande Momentum Oscillator (20): | 0.000311 | |
| Repulse (5,40,3): | 1.4264 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1253 | |
| Courbe Coppock: | 8.19 |
| MA7: | 0.008531 | |
| MA20: | 0.008259 | |
| MA50: | 0.005149 | |
| MA100: | 0.003424 | |
| MAexp7: | 0.009947 | |
| MAexp20: | 0.009776 | |
| MAexp50: | 0.009640 | |
| MAexp100: | 0.009529 | |
| Price / MA7: | +17.14% | |
| Price / MA20: | +21.00% | |
| Price / MA50: | +94.08% | |
| Price / MA100: | +191.85% | |
| Price / MAexp7: | +0.46% | |
| Price / MAexp20: | +2.22% | |
| Price / MAexp50: | +3.66% | |
| Price / MAexp100: | +4.87% |
Quotes :
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Real time data
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Cryptocompare
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