HARMONY - ONE/USDT - 1H - Technical analysis published on 09/04/2020 (GMT)
- Who voted?
- 136
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 0.008196 USDT
My targets
0.007072 USDT (-8.02%)
0.006921 USDT (-9.98%)
My analysis
The bearish trend is currently very strong for HARMONY - ONE/USDT. As long as the price remains below the resistance at 0.008196 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.007072 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.006921 USDT as an objective. Crossing it would then enable sellers to target 0.005148 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
5
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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HARMONY - ONE/USDT rating is 0.007688 USDT. The price registered a decrease of -3.03% on the session with the lowest point at 0.007093 USDT and the highest point at 0.008220 USDT. The deviation from the price is +8.39% for the low point and -6.47% for the high point.0.007093
0.008220
0.007688
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.
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:
Technical
Technical analysis of this 1H chart of HARMONY - ONE/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish 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, only 9 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002642 | 0.005148 | 0.006921 | 0.007688 | 0.008196 | 0.008892 | 0.010077 |
| Change (%) | -65.63% | -33.04% | -9.98% | - | +6.61% | +15.66% | +31.07% |
| Change | -0.005046 | -0.002540 | -0.000767 | - | +0.000508 | +0.001204 | +0.002389 |
| Level | Minor | Minor | Minor | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004532 | 0.006220 | 0.007074 | 0.008762 | 0.009616 | 0.011304 | 0.012158 |
| Camarilla | 0.007229 | 0.007462 | 0.007695 | 0.007928 | 0.008161 | 0.008394 | 0.008627 |
| Woodie | 0.004115 | 0.006012 | 0.006657 | 0.008554 | 0.009199 | 0.011096 | 0.011741 |
| Fibonacci | 0.006220 | 0.007191 | 0.007791 | 0.008762 | 0.009733 | 0.010333 | 0.011304 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.007072 | 0.008299 | 0.009355 | 0.010582 | 0.011638 | 0.012865 | 0.013921 |
| Camarilla | 0.009782 | 0.009991 | 0.010201 | 0.010410 | 0.010619 | 0.010829 | 0.011038 |
| Woodie | 0.006986 | 0.008256 | 0.009269 | 0.010539 | 0.011552 | 0.012822 | 0.013835 |
| Fibonacci | 0.008299 | 0.009171 | 0.009710 | 0.010582 | 0.011454 | 0.011993 | 0.012865 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.000625 | 0.004220 | 0.007160 | 0.010755 | 0.013695 | 0.017290 | 0.020230 |
| Camarilla | 0.008303 | 0.008902 | 0.009501 | 0.010100 | 0.010699 | 0.011298 | 0.011897 |
| Woodie | 0.000298 | 0.004056 | 0.006833 | 0.010591 | 0.013368 | 0.017126 | 0.019903 |
| Fibonacci | 0.004220 | 0.006716 | 0.008259 | 0.010755 | 0.013251 | 0.014794 | 0.017290 |
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): | 42.68 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -7.564714 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.007499 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007213 | |
| Elder Ray (13): | -0.000015 | |
| Super Trend (3,10): | 0.008074 | |
| Zig ZAG (10): | 0.007838 | |
| VORTEX (21): | 0.9162 | |
| Stochastique (14,3,5): | 56.40 | |
| TEMA (21): | 0.007505 | |
| Williams %R (14): | -35.40 | |
| Chande Momentum Oscillator (20): | -0.000156 | |
| Repulse (5,40,3): | 1.3846 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7292 | |
| Courbe Coppock: | 12.30 |
| MA7: | 0.009648 | |
| MA20: | 0.010649 | |
| MA50: | 0.009603 | |
| MA100: | 0.007178 | |
| MAexp7: | 0.007801 | |
| MAexp20: | 0.008003 | |
| MAexp50: | 0.008673 | |
| MAexp100: | 0.009267 | |
| Price / MA7: | -20.32% | |
| Price / MA20: | -27.81% | |
| Price / MA50: | -19.94% | |
| Price / MA100: | +7.11% | |
| Price / MAexp7: | -1.45% | |
| Price / MAexp20: | -3.94% | |
| Price / MAexp50: | -11.36% | |
| Price / MAexp100: | -17.04% |
Quotes :
2020-09-04 14:10:56
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis HARMONY - ONE/USDT - 1H