HEDERA - HBAR/USD
HEDERA - HBAR/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: HBARUSD
ISIN:

HEDERA - HBAR/USD - Weekly - Technical analysis published on 02/05/2022 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.336800 USD
My targets
0.225700 USD (-13.49%)
0.158200 USD (-39.36%)
My analysis
The strong short-term decline in HEDERA HASHGRAPH - HBAR/USD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.336800 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.225700 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.158200 USD as an objective. Crossing it would then enable sellers to target 0.068790 USD. Be careful, a return to above 0.336800 USD could jeopardize the reversal.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
1.3

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 baltbach. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The HEDERA HASHGRAPH - HBAR/USD price is 0.260900 USD. The price registered an increase of +19.02% over 5 days with the lowest point at 0.213200 USD and the highest point at 0.247100 USD. The deviation from the price is +22.37% for the low point and +5.58% for the high point.

0.213200
0.247100
0.260900

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

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


A technical analysis in Weekly of this HEDERA HASHGRAPH - HBAR/USD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.068790 0.158200 0.225700 0.260900 0.336800 0.452100 0.504800
Change (%) -73.63% -39.36% -13.49% - +29.09% +73.28% +93.48%
Change -0.192110 -0.102700 -0.035200 - +0.075900 +0.191200 +0.243900
Level Minor Major Major - 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
Standard0.2257670.2305330.2397670.2445330.2537670.2585330.267767
Camarilla0.2451500.2464330.2477170.2490000.2502830.2515670.252850
Woodie0.2280000.2316500.2420000.2456500.2560000.2596500.270000
Fibonacci0.2305330.2358810.2391850.2445330.2498810.2531850.258533


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1468330.1664670.1941330.2137670.2414330.2610670.288733
Camarilla0.2087930.2131280.2174640.2218000.2261360.2304720.234808
Woodie0.1508500.1684750.1981500.2157750.2454500.2630750.292750
Fibonacci0.1664670.1845350.1956980.2137670.2318350.2429980.261067


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0057670.0959330.1590670.2492330.3123670.4025330.465667
Camarilla0.1800430.1940950.2081480.2222000.2362530.2503050.264358
Woodie-0.0077500.0891750.1455500.2424750.2988500.3957750.452150
Fibonacci0.0959330.1544940.1906730.2492330.3077940.3439730.402533

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): 46.34
MACD (12,26,9): -0.0085
Directional Movement: 1.267312
AROON (14): -78.571429
DEMA (21): 0.291733
Parabolic SAR (0,02-0,02-0,2): 0.370133
Elder Ray (13): -0.049407
Super Trend (3,10): 0.209132
Zig ZAG (10): 0.258400
VORTEX (21): 0.9801
Stochastique (14,3,5): 14.75
TEMA (21): 0.256999
Williams %R (14): -75.12
Chande Momentum Oscillator (20): -0.180300
Repulse (5,40,3): 12.4568
ROCnROLL: -1
TRIX (15,9): 0.4916
Courbe Coppock: 59.39
MA7: 0.233771
MA20: 0.232810
MA50: 0.271062
MA100: 0.310390
MAexp7: 0.264587
MAexp20: 0.292606
MAexp50: 0.261160
MAexp100: 0.180683
Price / MA7: +11.60%
Price / MA20: +12.07%
Price / MA50: -3.75%
Price / MA100: -15.94%
Price / MAexp7: -1.39%
Price / MAexp20: -10.84%
Price / MAexp50: -0.10%
Price / MAexp100: +44.40%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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