HEDERA - HBAR/USD - Daily - Technical analysis published on 01/28/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.065520 USD
My targets
0.073563 USD (+5.95%)
0.082970 USD (+19.50%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HEDERA HASHGRAPH - HBAR/USD as long as the price remains well above 0.065520 USD. The buyers' bullish objective is set at 0.073563 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.082970 USD. If there is any crossing, the next objective would be the resistance located at 0.158200 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USD price is 0.069430 USD. The price is lower by -0.04% since the last closing and was between 0.068470 USD and 0.070090 USD. This implies that the price is at +1.40% from its lowest and at -0.94% from its highest.0.068470
0.070090
0.069430
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this Daily chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : Daily
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.042997 | 0.058472 | 0.065520 | 0.069430 | 0.073563 | 0.082970 | 0.158200 |
| Change (%) | -38.07% | -15.78% | -5.63% | - | +5.95% | +19.50% | +127.86% |
| Change | -0.026433 | -0.010958 | -0.003910 | - | +0.004133 | +0.013540 | +0.088770 |
| Level | Major | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.060140 | 0.062660 | 0.066060 | 0.068580 | 0.071980 | 0.074500 | 0.077900 |
| Camarilla | 0.067832 | 0.068375 | 0.068917 | 0.069460 | 0.070003 | 0.070545 | 0.071088 |
| Woodie | 0.060580 | 0.062880 | 0.066500 | 0.068800 | 0.072420 | 0.074720 | 0.078340 |
| Fibonacci | 0.062660 | 0.064921 | 0.066319 | 0.068580 | 0.070841 | 0.072239 | 0.074500 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029320 | 0.039740 | 0.055660 | 0.066080 | 0.082000 | 0.092420 | 0.108340 |
| Camarilla | 0.064337 | 0.066751 | 0.069166 | 0.071580 | 0.073995 | 0.076409 | 0.078824 |
| Woodie | 0.032070 | 0.041115 | 0.058410 | 0.067455 | 0.084750 | 0.093795 | 0.111090 |
| Fibonacci | 0.039740 | 0.049802 | 0.056018 | 0.066080 | 0.076142 | 0.082358 | 0.092420 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018547 | 0.027093 | 0.031787 | 0.040333 | 0.045027 | 0.053573 | 0.058267 |
| Camarilla | 0.032839 | 0.034053 | 0.035266 | 0.036480 | 0.037694 | 0.038907 | 0.040121 |
| Woodie | 0.016620 | 0.026130 | 0.029860 | 0.039370 | 0.043100 | 0.052610 | 0.056340 |
| Fibonacci | 0.027093 | 0.032151 | 0.035276 | 0.040333 | 0.045391 | 0.048516 | 0.053573 |
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): | 69.63 | |
| MACD (12,26,9): | 0.0065 | |
| Directional Movement: | 16.593856 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.068392 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.075372 | |
| Elder Ray (13): | 0.005400 | |
| Super Trend (3,10): | 0.057452 | |
| Zig ZAG (10): | 0.068960 | |
| VORTEX (21): | 1.2853 | |
| Stochastique (14,3,5): | 70.99 | |
| TEMA (21): | 0.072340 | |
| Williams %R (14): | -28.78 | |
| Chande Momentum Oscillator (20): | 0.015150 | |
| Repulse (5,40,3): | 0.4025 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.7940 | |
| Courbe Coppock: | 79.84 |
| MA7: | 0.067530 | |
| MA20: | 0.058935 | |
| MA50: | 0.048880 | |
| MA100: | 0.050658 | |
| MAexp7: | 0.067123 | |
| MAexp20: | 0.060292 | |
| MAexp50: | 0.053482 | |
| MAexp100: | 0.053137 | |
| Price / MA7: | +2.81% | |
| Price / MA20: | +17.81% | |
| Price / MA50: | +42.04% | |
| Price / MA100: | +37.06% | |
| Price / MAexp7: | +3.44% | |
| Price / MAexp20: | +15.16% | |
| Price / MAexp50: | +29.82% | |
| Price / MAexp100: | +30.66% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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