HEDERA - HBAR/USD - 1H - Technical analysis published on 05/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.059570 USD
My targets
0.056110 USD (-1.70%)
0.050800 USD (-11.00%)
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 0.059570 USD remains possible. It is advisable to trade HEDERA HASHGRAPH - HBAR/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.059570 USD. The next bearish objective for sellers is set at 0.056110 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.050800 USD. In case of crossing, the next objective would be the support located at 0.044103 USD. PS: if there is a bullish break in the resistance located at 0.059570 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3
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Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USD price is 0.057080 USD. The price registered a decrease of -0.04% on the session with the lowest point at 0.056420 USD and the highest point at 0.057540 USD. The deviation from the price is +1.17% for the low point and -0.80% for the high point.0.056420
0.057540
0.057080
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HEDERA HASHGRAPH - HBAR/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of HEDERA HASHGRAPH - HBAR/USD in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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 resistance of triangle
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.044103 | 0.050800 | 0.056110 | 0.057080 | 0.057302 | 0.059570 | 0.060450 |
| Change (%) | -22.73% | -11.00% | -1.70% | - | +0.39% | +4.36% | +5.90% |
| Change | -0.012977 | -0.006280 | -0.000970 | - | +0.000222 | +0.002490 | +0.003370 |
| Level | Major | Minor | Minor | - | Intermediate | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.052593 | 0.054167 | 0.055633 | 0.057207 | 0.058673 | 0.060247 | 0.061713 |
| Camarilla | 0.056264 | 0.056543 | 0.056821 | 0.057100 | 0.057379 | 0.057657 | 0.057936 |
| Woodie | 0.052540 | 0.054140 | 0.055580 | 0.057180 | 0.058620 | 0.060220 | 0.061660 |
| Fibonacci | 0.054167 | 0.055328 | 0.056045 | 0.057207 | 0.058368 | 0.059085 | 0.060247 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.043607 | 0.049673 | 0.053387 | 0.059453 | 0.063167 | 0.069233 | 0.072947 |
| Camarilla | 0.054411 | 0.055307 | 0.056204 | 0.057100 | 0.057997 | 0.058893 | 0.059790 |
| Woodie | 0.042430 | 0.049085 | 0.052210 | 0.058865 | 0.061990 | 0.068645 | 0.071770 |
| Fibonacci | 0.049673 | 0.053409 | 0.055717 | 0.059453 | 0.063189 | 0.065497 | 0.069233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035830 | 0.047050 | 0.055280 | 0.066500 | 0.074730 | 0.085950 | 0.094180 |
| Camarilla | 0.058161 | 0.059944 | 0.061727 | 0.063510 | 0.065293 | 0.067076 | 0.068859 |
| Woodie | 0.034335 | 0.046303 | 0.053785 | 0.065753 | 0.073235 | 0.085203 | 0.092685 |
| Fibonacci | 0.047050 | 0.054480 | 0.059070 | 0.066500 | 0.073930 | 0.078520 | 0.085950 |
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): | 48.92 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 2.855255 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.056996 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.056783 | |
| Elder Ray (13): | 0.000012 | |
| Super Trend (3,10): | 0.057528 | |
| Zig ZAG (10): | 0.057130 | |
| VORTEX (21): | 1.0946 | |
| Stochastique (14,3,5): | 59.23 | |
| TEMA (21): | 0.057082 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.000320 | |
| Repulse (5,40,3): | -0.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0316 | |
| Courbe Coppock: | 0.85 |
| MA7: | 0.058169 | |
| MA20: | 0.060399 | |
| MA50: | 0.063369 | |
| MA100: | 0.067266 | |
| MAexp7: | 0.057120 | |
| MAexp20: | 0.057116 | |
| MAexp50: | 0.057354 | |
| MAexp100: | 0.057775 | |
| Price / MA7: | -1.87% | |
| Price / MA20: | -5.50% | |
| Price / MA50: | -9.92% | |
| Price / MA100: | -15.14% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.48% | |
| Price / MAexp100: | -1.20% |
Quotes :
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Real time data
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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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