Free Veritaseum (VERI) Technical Analysis Signals

Overal Signal
Sell
Signals
Sell Neutral Sell Neutral
Last Update / Period
04 Feb / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Veritaseum (VERI) signal with technical analysis on 04 Feb

On 04 Feb, we conducted a comprehensive technical analysis of Veritaseum (VERI), considering 256 signals with intricate details. Here are the key findings: 60 signals suggested buy strategies, while 100 indicated sell strategies. The remaining 96 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 11
Sell Signals: 31
Neutral Signals: 22
Result: This strategy leads to a Sell position.

Strategy 2:
Buy Signals: 15
Sell Signals: 21
Neutral Signals: 28
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 13
Sell Signals: 29
Neutral Signals: 22
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 21
Sell Signals: 19
Neutral Signals: 24
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 60
Sell Signals: 100
Neutral Signals: 96
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Veritaseum (VERI) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Veritaseum (VERI) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Veritaseum (VERI) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
Veritaseum (VERI) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 25.16% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **Veritaseum (VERI)** investments.

Veritaseum (VERI) Price Analysis and Support Levels:

In our current Veritaseum (VERI) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 29.0927
We are closely monitoring the price at 29.0927, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 27.9849
If the first support level is broken, the second support level at 27.9849 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 25.8869
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 25.8869 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading Veritaseum (VERI). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

Veritaseum (VERI) technical analysis chart

Veritaseum (VERI) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 40.4901 44.3163 46.2994 47.3709 53.3097
Support 29.0927 27.9849 25.8869 24.8013 24.1031
 Veritaseum (VERI) Support and Resistance area (04 Feb)

Veritaseum (VERI) signals list for 04 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Veritaseum (VERI) candlestick patterns on 04 Feb

Today's Veritaseum (VERI) Candle Patterns List:

Veritaseum (VERI) technical analysis over the past days

# Date Overal Signals ALL Signals
1 03 Feb Sell SellNeutralSellNeutral
2 02 Feb Hold NeutralNeutralNeutralNeutral
3 01 Feb Hold HoldNeutralNeutralHold
4 31 Jan Buy BuyNeutralBuyBuy
5 30 Jan Sell HoldSellNeutralNeutral
6 29 Jan Hold HoldNeutralNeutralNeutral
7 28 Jan Buy HoldNeutralBuyHold
8 27 Jan Hold HoldNeutralNeutralHold
9 26 Jan Sell SellNeutralNeutralHold
10 25 Jan Hold HoldHoldHoldHold
11 24 Jan Hold HoldHoldHoldHold
12 23 Jan Hold HoldHoldHoldHold
13 22 Jan Buy BuyHoldHoldHold
14 21 Jan Hold NeutralHoldHoldHold
15 20 Jan Hold NeutralHoldHoldHold
16 19 Jan Hold NeutralHoldHoldHold
17 18 Jan Hold HoldHoldHoldHold
18 17 Jan Hold HoldHoldHoldHold
19 16 Jan Buy HoldBuyHoldHold
20 15 Jan Hold NeutralNeutralHoldHold
21 14 Jan Buy BuyBuyHoldHold
22 13 Jan Buy HoldSellBuyHold
23 12 Jan Sell SellNeutralNeutralHold
24 11 Jan Buy BuyNeutralNeutralBuy
25 10 Jan Sell SellSellHoldNeutral
26 09 Jan Buy BuyBuyBuyHold
27 08 Jan Hold NeutralNeutralNeutralHold
28 05 Jan Buy NeutralBuyBuyHold
29 04 Jan Sell SellNeutralNeutralHold
30 03 Jan Hold NeutralHoldHoldHold

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