VERASITY (X1000) - VRA/BTC

- BTC (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	VRABTC
ISIN:

VERASITY (X1000) - VRA/BTC - Daily - Technical analysis published on 02/09/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

78%

17%

My opinion

Bullish above 0.000640 BTC

My targets

0.000720 BTC (+1.41%)

0.000850 BTC (+19.72%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for VERASITY (X1000) - VRA/BTC as long as the price remains well above 0.000640 BTC. The buyers' bullish objective is set at 0.000720 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000850 BTC. If there is any crossing, the next objective would be the resistance located at 0.000970 BTC. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.000720 BTC. On this resistance, against the trend traders who would like to go short on VERASITY (X1000) - VRA/BTC with a bearish signal from their trading strategy, should not hesitate to act.

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

2.7

Comment on the analysis

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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The VERASITY (X1000) - VRA/BTC price is 0.000710 BTC. On the day, this instrument lost -2.74% with the lowest point at 0.000700 BTC and the highest point at 0.000740 BTC. The deviation from the price is +1.43% for the low point and -4.05% for the high point.

0.000700

0.000740

0.000710

Here is a more detailed summary of the historical variations registered by VERASITY (X1000) - VRA/BTC:

Technical

Technical analysis of this Daily chart of VERASITY (X1000) - VRA/BTC indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000410	0.000510	0.000640	0.000710	0.000850	0.000970	0.001127
Change (%)	-42.25%	-28.17%	-9.86%	-	+19.72%	+36.62%	+58.73%
Change	-0.000300	-0.000200	-0.000070	-	+0.000140	+0.000260	+0.000417
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000560	0.000610	0.000670	0.000720	0.000780	0.000830	0.000890
Camarilla	0.000700	0.000710	0.000720	0.000730	0.000740	0.000750	0.000760
Woodie	0.000565	0.000613	0.000675	0.000723	0.000785	0.000833	0.000895
Fibonacci	0.000610	0.000652	0.000678	0.000720	0.000762	0.000788	0.000830

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000397	0.000443	0.000507	0.000553	0.000617	0.000663	0.000727
Camarilla	0.000540	0.000550	0.000560	0.000570	0.000580	0.000590	0.000600
Woodie	0.000405	0.000448	0.000515	0.000558	0.000625	0.000668	0.000735
Fibonacci	0.000443	0.000485	0.000511	0.000553	0.000595	0.000621	0.000663

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000100	0.000300	0.000410	0.000610	0.000720	0.000920	0.001030
Camarilla	0.000435	0.000463	0.000492	0.000520	0.000548	0.000577	0.000605
Woodie	0.000055	0.000278	0.000365	0.000588	0.000675	0.000898	0.000985
Fibonacci	0.000300	0.000418	0.000492	0.000610	0.000728	0.000802	0.000920

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):	61.98
MACD (12,26,9):	0.0000
Directional Movement:	18.116720
AROON (14):	28.571429
DEMA (21):	0.000597
Parabolic SAR (0,02-0,02-0,2):	0.000501
Elder Ray (13):	0.000106
Super Trend (3,10):	0.000521
Zig ZAG (10):	0.000700
VORTEX (21):	1.0448
Stochastique (14,3,5):	78.16
TEMA (21):	0.000637
Williams %R (14):	-27.59
Chande Momentum Oscillator (20):	0.000170
Repulse (5,40,3):	8.0634
ROCnROLL:	1
TRIX (15,9):	-0.6735
Courbe Coppock:	28.65

MA7:	0.000624
MA20:	0.000568
MA50:	0.000657
MA100:	0.000806
MAexp7:	0.000649
MAexp20:	0.000608
MAexp50:	0.000659
MAexp100:	0.000722
Price / MA7:	+13.78%
Price / MA20:	+25.00%
Price / MA50:	+8.07%
Price / MA100:	-11.91%
Price / MAexp7:	+9.40%
Price / MAexp20:	+16.78%
Price / MAexp50:	+7.74%
Price / MAexp100:	-1.66%

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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