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

VECHAIN - VET/USDT - Daily - Technical analysis published on 07/08/2020 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : WITHOUT TARGET

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.019450 USDT
My targets
-
My analysis
VECHAIN - VET/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.019450 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
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.

Addareea
This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The VECHAIN - VET/USDT rating is 0.021540 USDT. The price has increased by +24.44% since the last closing with the lowest point at 0.016770 USDT and the highest point at 0.021740 USDT. The deviation from the price is +28.44% for the low point and -0.92% for the high point.

0.016770
0.021740
0.021540

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by VECHAIN - VET/USDT:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this VECHAIN - VET/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 0.005455 0.008272 0.019450 0.021540
Change (%) -74.68% -61.60% -9.70% -
Change -0.016085 -0.013268 -0.002090 -
Level Minor Major Intermediate -



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0024910.0027030.0028490.0030610.0032070.0034190.003565
Camarilla0.0028960.0029280.0029610.0029940.0030270.0030600.003093
Woodie0.0024570.0026870.0028150.0030450.0031730.0034030.003531
Fibonacci0.0027030.0028400.0029250.0030610.0031980.0032830.003419


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0050500.0067320.0096260.0113080.0142020.0158840.018778
Camarilla0.0112620.0116810.0121010.0125200.0129400.0133590.013778
Woodie0.0056560.0070350.0102320.0116110.0148080.0161870.019384
Fibonacci0.0067320.0084800.0095600.0113080.0130560.0141360.015884


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0120350.0074750.0123930.0078330.0127510.0081910.013109
Camarilla0.0172120.0172440.0172770.0173100.0173430.0173760.017408
Woodie0.0167730.0098450.0171310.0102030.0174890.0105610.017847
Fibonacci0.0074750.0076120.0076970.0078330.0079700.0080550.008191

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): 63.15
MACD (12,26,9): 0.0016
Directional Movement: 28.903317
AROON (14): 7.142860
DEMA (21): 0.012844
Parabolic SAR (0,02-0,02-0,2): 0.002916
Elder Ray (13): 0.006927
Super Trend (3,10): 0.006180
Zig ZAG (10): 0.019750
VORTEX (21): 1.0546
Stochastique (14,3,5): 64.88
TEMA (21): 0.013608
Williams %R (14): -1.52
Chande Momentum Oscillator (20): 0.011113
Repulse (5,40,3): 19.4575
ROCnROLL: 1
TRIX (15,9): 1.8059
Courbe Coppock: 91.99
MA7: 0.013088
MA20: 0.010354
MA50: 0.008357
MA100: 0.006210
MAexp7: 0.013013
MAexp20: 0.010976
MAexp50: 0.008889
MAexp100: 0.007316
Price / MA7: +64.58%
Price / MA20: +108.04%
Price / MA50: +157.75%
Price / MA100: +246.86%
Price / MAexp7: +65.53%
Price / MAexp20: +96.25%
Price / MAexp50: +142.32%
Price / MAexp100: +194.42%

Quotes : 2020-07-08 12:34:46 - Real time data - Cryptocompare

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

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Londinia
Londinia AI

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