HARMONY - ONE/USDT - 1H - Technical analysis published on 09/05/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.008892 USDT
My targets
0.008196 USDT (-2.21%)
0.007072 USDT (-15.62%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on HARMONY - ONE/USDT. As long as you are under the resistance located at 0.008892 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.008196 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.007072 USDT as an objective. Crossing it would then enable sellers to target 0.006921 USDT. If the resistance 0.008892 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.4
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HARMONY - ONE/USDT price is 0.008381 USDT. On the day, this instrument gained +1.86% and was between 0.008178 USDT and 0.008439 USDT. This implies that the price is at +2.48% from its lowest and at -0.69% from its highest.0.008178
0.008439
0.008381
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 HARMONY - ONE/USDT in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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 | 0.005148 | 0.006921 | 0.008196 | 0.008381 | 0.008892 | 0.010077 | 0.010444 |
| Change (%) | -38.58% | -17.42% | -2.21% | - | +6.10% | +20.24% | +24.62% |
| Change | -0.003233 | -0.001460 | -0.000185 | - | +0.000511 | +0.001696 | +0.002063 |
| Level | Minor | Minor | Minor | - | Minor | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.006069 | 0.006535 | 0.007382 | 0.007848 | 0.008695 | 0.009161 | 0.010008 |
| Camarilla | 0.007867 | 0.007987 | 0.008108 | 0.008228 | 0.008348 | 0.008469 | 0.008589 |
| Woodie | 0.006259 | 0.006630 | 0.007572 | 0.007943 | 0.008885 | 0.009256 | 0.010198 |
| Fibonacci | 0.006535 | 0.007037 | 0.007347 | 0.007848 | 0.008350 | 0.008660 | 0.009161 |
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 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): | 53.24 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -2.794101 | |
| AROON (14): | 28.571426 | |
| DEMA (21): | 0.007801 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.007172 | |
| Elder Ray (13): | 0.000258 | |
| Super Trend (3,10): | 0.007334 | |
| Zig ZAG (10): | 0.008306 | |
| VORTEX (21): | 0.9839 | |
| Stochastique (14,3,5): | 91.32 | |
| TEMA (21): | 0.008020 | |
| Williams %R (14): | -3.20 | |
| Chande Momentum Oscillator (20): | 0.000539 | |
| Repulse (5,40,3): | 2.8122 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4350 | |
| Courbe Coppock: | 11.04 |
| MA7: | 0.009400 | |
| MA20: | 0.010432 | |
| MA50: | 0.009661 | |
| MA100: | 0.007223 | |
| MAexp7: | 0.008113 | |
| MAexp20: | 0.008011 | |
| MAexp50: | 0.008483 | |
| MAexp100: | 0.009076 | |
| Price / MA7: | -10.84% | |
| Price / MA20: | -19.66% | |
| Price / MA50: | -13.25% | |
| Price / MA100: | +16.03% | |
| Price / MAexp7: | +3.30% | |
| Price / MAexp20: | +4.62% | |
| Price / MAexp50: | -1.20% | |
| Price / MAexp100: | -7.66% |
Quotes :
2020-09-05 00:43:38
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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