Londinia Opportunities Analyses - 10/09/2024 (GMT) VECTORSPACE AI - VXV/USDT - 1H

VECTORSPACE AI - VXV/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: VXVUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.260200 USDT
My targets
0.233567 USDT (-5.52%)
0.210000 USDT (-15.05%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on VECTORSPACE AI - VXV/USDT as long as the price remains well below 0.260200 USDT. The sellers' bearish objective is set at 0.233567 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.210000 USDT. In case of crossing, the next objective would be the support located at 0.196233 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

VECTORSPACE AI - VXV/USDT rating 0.247200 USDT. On the day, this instrument lost -7.76% and was between 0.245400 USDT and 0.288900 USDT. This implies that the price is at +0.73% from its lowest and at -14.43% from its highest.

0.245400
0.288900
0.247200

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of VECTORSPACE AI - VXV/USDT indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from 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, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



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

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.247200 0.260200 0.275060 0.289438
Change (%) - +5.26% +11.27% +17.09%
Change - +0.013000 +0.027860 +0.042238
Level - Intermediate Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1923330.2262670.2471330.2810670.3019330.3358670.356733
Camarilla0.2529300.2579530.2629770.2680000.2730230.2780470.283070
Woodie0.1858000.2230000.2406000.2778000.2954000.3326000.350200
Fibonacci0.2262670.2472000.2601330.2810670.3020000.3149330.335867


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1962330.2335670.2606330.2979670.3250330.3623670.389433
Camarilla0.2699900.2758930.2817970.2877000.2936030.2995070.305410
Woodie0.1911000.2310000.2555000.2954000.3199000.3598000.384300
Fibonacci0.2335670.2581680.2733660.2979670.3225680.3377660.362367


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1157000.2100000.2624000.3567000.4091000.5034000.555800
Camarilla0.2744580.2879050.3013530.3148000.3282480.3416950.355143
Woodie0.0947500.1995250.2414500.3462250.3881500.4929250.534850
Fibonacci0.2100000.2660390.3006610.3567000.4127390.4473610.503400

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): 31.23
MACD (12,26,9): -0.0045
Directional Movement: -12.218841
AROON (14): -57.142857
DEMA (21): 0.262211
Parabolic SAR (0,02-0,02-0,2): 0.285965
Elder Ray (13): -0.016184
Super Trend (3,10): 0.275746
Zig ZAG (10): 0.249000
VORTEX (21): 0.8127
Stochastique (14,3,5): 12.74
TEMA (21): 0.260909
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.019600
Repulse (5,40,3): -7.0749
ROCnROLL: 2
TRIX (15,9): -0.1614
Courbe Coppock: 2.25
MA7: 0.279871
MA20: 0.309630
MA50: 0.346344
MA100: 0.348555
MAexp7: 0.261566
MAexp20: 0.267824
MAexp50: 0.275176
MAexp100: 0.281936
Price / MA7: -11.67%
Price / MA20: -20.16%
Price / MA50: -28.63%
Price / MA100: -29.08%
Price / MAexp7: -5.49%
Price / MAexp20: -7.70%
Price / MAexp50: -10.17%
Price / MAexp100: -12.32%

Quotes : - Real time data - Cryptocompare