HARMONY - ONE/USDT - 1H - Technical analysis published on 04/12/2022 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
6%
50%
My opinion
Bearish under 0.126567 USDT
My targets
0.114633 USDT (-3.83%)
0.097167 USDT (-18.48%)
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 0.126567 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.114633 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 0.097167 USDT as an objective. Crossing it would then enable sellers to target 0.052826 USDT. If the resistance 0.126567 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
2.3
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Additional analysis
Quotes
HARMONY - ONE/USDT rating 0.119200 USDT. The price registered an increase of +2.94% on the session and was traded between 0.113500 USDT and 0.122700 USDT over the period. The price is currently at +5.02% from its lowest and -2.85% from its highest.0.113500
0.122700
0.119200
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of HARMONY - ONE/USDT in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently positioned bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.011281 | 0.052826 | 0.119200 | 0.119800 | 0.132477 | 0.141980 |
| Change (%) | -90.54% | -55.68% | - | +0.50% | +11.14% | +19.11% |
| Change | -0.107919 | -0.066374 | - | +0.000600 | +0.013277 | +0.022780 |
| Level | Minor | Intermediate | - | Major | Intermediate | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.096133 | 0.104867 | 0.110333 | 0.119067 | 0.124533 | 0.133267 | 0.138733 |
| Camarilla | 0.111895 | 0.113197 | 0.114498 | 0.115800 | 0.117102 | 0.118403 | 0.119705 |
| Woodie | 0.094500 | 0.104050 | 0.108700 | 0.118250 | 0.122900 | 0.132450 | 0.137100 |
| Fibonacci | 0.104867 | 0.110291 | 0.113642 | 0.119067 | 0.124491 | 0.127842 | 0.133267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.068733 | 0.097167 | 0.114633 | 0.143067 | 0.160533 | 0.188967 | 0.206433 |
| Camarilla | 0.119478 | 0.123685 | 0.127893 | 0.132100 | 0.136308 | 0.140515 | 0.144723 |
| Woodie | 0.063250 | 0.094425 | 0.109150 | 0.140325 | 0.155050 | 0.186225 | 0.200950 |
| Fibonacci | 0.097167 | 0.114701 | 0.125533 | 0.143067 | 0.160601 | 0.171433 | 0.188967 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.065467 | 0.092133 | 0.126567 | 0.153233 | 0.187667 | 0.214333 | 0.248767 |
| Camarilla | 0.144198 | 0.149798 | 0.155399 | 0.161000 | 0.166601 | 0.172202 | 0.177803 |
| Woodie | 0.069350 | 0.094075 | 0.130450 | 0.155175 | 0.191550 | 0.216275 | 0.252650 |
| Fibonacci | 0.092133 | 0.115474 | 0.129893 | 0.153233 | 0.176574 | 0.190993 | 0.214333 |
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): | 50.45 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -5.372428 | |
| AROON (14): | 71.428571 | |
| DEMA (21): | 0.119246 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.118900 | |
| Elder Ray (13): | 0.000300 | |
| Super Trend (3,10): | 0.116495 | |
| Zig ZAG (10): | 0.120100 | |
| VORTEX (21): | 1.0755 | |
| Stochastique (14,3,5): | 68.27 | |
| TEMA (21): | 0.120653 | |
| Williams %R (14): | -35.06 | |
| Chande Momentum Oscillator (20): | 0.001300 | |
| Repulse (5,40,3): | -0.5274 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 7.56 |
| MA7: | 0.128014 | |
| MA20: | 0.147990 | |
| MA50: | 0.141424 | |
| MA100: | 0.187137 | |
| MAexp7: | 0.120006 | |
| MAexp20: | 0.119789 | |
| MAexp50: | 0.121954 | |
| MAexp100: | 0.126862 | |
| Price / MA7: | -6.89% | |
| Price / MA20: | -19.45% | |
| Price / MA50: | -15.71% | |
| Price / MA100: | -36.30% | |
| Price / MAexp7: | -0.67% | |
| Price / MAexp20: | -0.49% | |
| Price / MAexp50: | -2.26% | |
| Price / MAexp100: | -6.04% |
Quotes :
-
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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