HUOBI TOKEN - HT/USD - 1H - Technical analysis published on 03/24/2023 (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:
Bullish
Underlying:
Bearish
Technical indicators
50%
17%
33%
My opinion
Bearish under 3.71 USD
My targets
3.50 USD (-4.11%)
My analysis
The basic trend is bearish on HUOBI TOKEN - HT/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 3.71 USD. Buyers would then use the next resistance located at 3.94 USD as an objective. Crossing it would then enable buyers to target 4.05 USD. If there is a return to below the support located at 3.50 USD, this would be a sign of a reversal in the basic bearish 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
0.4
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Additional analysis
Quotes
The HUOBI TOKEN - HT/USD price is 3.65 USD. The price registered a decrease of -0.27% on the session and was between 3.31 USD and 3.82 USD. This implies that the price is at +10.27% from its lowest and at -4.45% from its highest.3.31
3.82
3.65
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HUOBI TOKEN - HT/USD:
Technical
A technical analysis in 1H of this HUOBI TOKEN - HT/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.50 | 3.63 | 3.65 | 3.71 | 3.94 | 4.05 |
| Change (%) | -4.11% | -0.55% | - | +1.64% | +7.95% | +10.96% |
| Change | -0.15 | -0.02 | - | +0.06 | +0.29 | +0.40 |
| Level | Major | 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 | 3.36 | 3.44 | 3.55 | 3.63 | 3.74 | 3.82 | 3.93 |
| Camarilla | 3.61 | 3.63 | 3.64 | 3.66 | 3.68 | 3.70 | 3.71 |
| Woodie | 3.38 | 3.45 | 3.57 | 3.64 | 3.76 | 3.83 | 3.95 |
| Fibonacci | 3.44 | 3.51 | 3.56 | 3.63 | 3.70 | 3.75 | 3.82 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.89 | 3.35 | 3.69 | 4.15 | 4.49 | 4.95 | 5.29 |
| Camarilla | 3.81 | 3.88 | 3.96 | 4.03 | 4.10 | 4.18 | 4.25 |
| Woodie | 2.83 | 3.32 | 3.63 | 4.12 | 4.43 | 4.92 | 5.23 |
| Fibonacci | 3.35 | 3.66 | 3.84 | 4.15 | 4.46 | 4.64 | 4.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.59 | 3.74 | 4.50 | 5.65 | 6.41 | 7.56 | 8.32 |
| Camarilla | 4.73 | 4.90 | 5.08 | 5.25 | 5.43 | 5.60 | 5.78 |
| Woodie | 2.39 | 3.64 | 4.30 | 5.55 | 6.21 | 7.46 | 8.12 |
| Fibonacci | 3.74 | 4.47 | 4.92 | 5.65 | 6.38 | 6.83 | 7.56 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.97 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -2.26 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 3.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.43 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 3.56 | |
| Zig ZAG (10): | 3.65 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 49.12 | |
| TEMA (21): | 3.67 | |
| Williams %R (14): | -50.29 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | -0.5600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 8.53 |
| MA7: | 3.86 | |
| MA20: | 4.16 | |
| MA50: | 4.82 | |
| MA100: | 5.05 | |
| MAexp7: | 3.65 | |
| MAexp20: | 3.62 | |
| MAexp50: | 3.66 | |
| MAexp100: | 3.76 | |
| Price / MA7: | -5.44% | |
| Price / MA20: | -12.26% | |
| Price / MA50: | -24.27% | |
| Price / MA100: | -27.72% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.83% | |
| Price / MAexp50: | -0.27% | |
| Price / MAexp100: | -2.93% |
Quotes :
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Real time data
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