HUOBI TOKEN - HT/USD - 1H - Technical analysis published on 03/29/2023 (GMT)
- 180
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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
39%
28%
33%
My opinion
Bearish under 3.70 USD
My targets
3.55 USD (-1.66%)
3.31 USD (-8.31%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 3.70 USD remains possible. It is advisable to trade HUOBI TOKEN - HT/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 3.70 USD. The next bearish objective for sellers is set at 3.55 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 3.31 USD. PS: if there is a bullish break in the resistance located at 3.70 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.3
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HUOBI TOKEN - HT/USD rating is 3.61 USD. The price is lower by -0.28% since the last closing and was between 3.59 USD and 3.64 USD. This implies that the price is at +0.56% from its lowest and at -0.82% from its highest.3.59
3.64
3.61
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this HUOBI TOKEN - HT/USD chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 6 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.31 | 3.55 | 3.61 | 3.70 | 3.82 | 4.01 |
| Change (%) | -8.31% | -1.66% | - | +2.49% | +5.82% | +11.08% |
| Change | -0.30 | -0.06 | - | +0.09 | +0.21 | +0.40 |
| Level | Minor | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.44 | 3.49 | 3.56 | 3.61 | 3.68 | 3.73 | 3.80 |
| Camarilla | 3.59 | 3.60 | 3.61 | 3.62 | 3.63 | 3.64 | 3.65 |
| Woodie | 3.44 | 3.50 | 3.56 | 3.62 | 3.68 | 3.74 | 3.80 |
| Fibonacci | 3.49 | 3.54 | 3.57 | 3.61 | 3.66 | 3.69 | 3.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.50 | 2.90 | 3.28 | 3.68 | 4.06 | 4.46 | 4.84 |
| Camarilla | 3.44 | 3.51 | 3.58 | 3.65 | 3.72 | 3.79 | 3.87 |
| Woodie | 2.48 | 2.90 | 3.26 | 3.68 | 4.04 | 4.46 | 4.82 |
| Fibonacci | 2.90 | 3.20 | 3.39 | 3.68 | 3.98 | 4.17 | 4.46 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.26 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.69 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 3.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.59 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 3.65 | |
| Zig ZAG (10): | 3.61 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 49.77 | |
| TEMA (21): | 3.62 | |
| Williams %R (14): | -42.25 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.74 |
| MA7: | 3.64 | |
| MA20: | 3.88 | |
| MA50: | 4.68 | |
| MA100: | 4.91 | |
| MAexp7: | 3.62 | |
| MAexp20: | 3.61 | |
| MAexp50: | 3.61 | |
| MAexp100: | 3.64 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | -6.96% | |
| Price / MA50: | -22.86% | |
| Price / MA100: | -26.48% | |
| Price / MAexp7: | -0.28% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0.82% |
Quotes :
-
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 HUOBI TOKEN - HT/USD - 1H