HUOBI TOKEN - HT/USD - 1H - Technical analysis published on 05/22/2023 (GMT)
- 161
- 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
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 2.88 USD
My targets
3.05 USD (+2.35%)
3.27 USD (+9.63%)
My analysis
The basic trend is currently slightly bullish on HUOBI TOKEN - HT/USD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 2.88 USD, purchases could be favourable. The first bullish objective would be the resistance located at 3.05 USD. Then the price could move towards 3.27 USD. Then 3.57 USD by extension. A return under the support to 2.88 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
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 2.98 USD. On the day, this instrument gained +2.06% with the lowest point at 2.91 USD and the highest point at 2.98 USD. The deviation from the price is +2.41% for the low point and 0% for the high point.2.91
2.98
2.98
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
Here is a more detailed summary of the historical variations registered by HUOBI TOKEN - HT/USD:
Technical
Technical analysis of this 1H chart of HUOBI TOKEN - HT/USD indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
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 cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.79 | 2.83 | 2.88 | 2.98 | 2.98 | 3.05 | 3.57 |
| Change (%) | -6.38% | -5.03% | -3.36% | 0% | - | +2.35% | +19.80% |
| Change | -0.19 | -0.15 | -0.10 | 0 | - | +0.07 | +0.59 |
| Level | Intermediate | Intermediate | Intermediate | Minor | - | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.79 | 2.84 | 2.88 | 2.93 | 2.97 | 3.02 | 3.06 |
| Camarilla | 2.90 | 2.90 | 2.91 | 2.92 | 2.93 | 2.94 | 2.95 |
| Woodie | 2.79 | 2.84 | 2.88 | 2.93 | 2.97 | 3.02 | 3.06 |
| Fibonacci | 2.84 | 2.87 | 2.90 | 2.93 | 2.96 | 2.99 | 3.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.33 | 2.51 | 2.71 | 2.89 | 3.09 | 3.27 | 3.47 |
| Camarilla | 2.82 | 2.85 | 2.89 | 2.92 | 2.96 | 2.99 | 3.03 |
| Woodie | 2.35 | 2.52 | 2.73 | 2.90 | 3.11 | 3.28 | 3.49 |
| Fibonacci | 2.51 | 2.65 | 2.74 | 2.89 | 3.03 | 3.12 | 3.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.53 | 2.95 | 3.23 | 3.65 | 3.93 | 4.35 | 4.63 |
| Camarilla | 3.32 | 3.38 | 3.45 | 3.51 | 3.57 | 3.64 | 3.70 |
| Woodie | 2.46 | 2.92 | 3.16 | 3.62 | 3.86 | 4.32 | 4.56 |
| Fibonacci | 2.95 | 3.22 | 3.38 | 3.65 | 3.92 | 4.08 | 4.35 |
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): | 50.46 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 14.60 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 2.94 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.91 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 2.83 | |
| Zig ZAG (10): | 2.93 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 57.05 | |
| TEMA (21): | 2.93 | |
| Williams %R (14): | -65.00 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | -0.2200 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.19 |
| MA7: | 2.93 | |
| MA20: | 2.96 | |
| MA50: | 3.38 | |
| MA100: | 3.95 | |
| MAexp7: | 2.93 | |
| MAexp20: | 2.93 | |
| MAexp50: | 2.93 | |
| MAexp100: | 2.92 | |
| Price / MA7: | +1.71% | |
| Price / MA20: | +0.68% | |
| Price / MA50: | -11.83% | |
| Price / MA100: | -24.56% | |
| Price / MAexp7: | +1.71% | |
| Price / MAexp20: | +1.71% | |
| Price / MAexp50: | +1.71% | |
| Price / MAexp100: | +2.05% |
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