HEDERA HASHGRAPH - HBAR/USD - 1H - Technical analysis published on 05/01/2024 (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:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.092708 USD
My targets
0.109057 USD (+11.54%)
0.115558 USD (+18.19%)
My analysis
The strong short-term increase in HEDERA HASHGRAPH - HBAR/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.092708 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.109057 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.115558 USD as an objective. Crossing it would then enable buyers to target 0.120667 USD. Caution, a return under 0.092708 USD could jeopardize the reversal.
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
2.9
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Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USD rating is 0.097770 USD. The price registered an increase of +4.22% on the session and was traded between 0.090000 USD and 0.099518 USD over the period. The price is currently at +8.63% from its lowest and -1.76% from its highest.0.090000
0.099518
0.097770
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 HEDERA HASHGRAPH - HBAR/USD in 1H shows an overall slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.068330 | 0.078334 | 0.092708 | 0.097770 | 0.109057 | 0.120667 | 0.133879 |
| Change (%) | -30.11% | -19.88% | -5.18% | - | +11.54% | +23.42% | +36.93% |
| Change | -0.029440 | -0.019436 | -0.005062 | - | +0.011287 | +0.022897 | +0.036109 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.075030 | 0.082845 | 0.088327 | 0.096142 | 0.101624 | 0.109439 | 0.114921 |
| Camarilla | 0.090151 | 0.091370 | 0.092589 | 0.093808 | 0.095027 | 0.096246 | 0.097465 |
| Woodie | 0.073863 | 0.082262 | 0.087160 | 0.095559 | 0.100457 | 0.108856 | 0.113754 |
| Fibonacci | 0.082845 | 0.087925 | 0.091063 | 0.096142 | 0.101222 | 0.104360 | 0.109439 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.030828 | 0.027471 | 0.066946 | 0.125245 | 0.164720 | 0.223019 | 0.262494 |
| Camarilla | 0.079533 | 0.088496 | 0.097458 | 0.106421 | 0.115384 | 0.124346 | 0.133309 |
| Woodie | -0.040240 | 0.022765 | 0.057534 | 0.120539 | 0.155308 | 0.218313 | 0.253082 |
| Fibonacci | 0.027471 | 0.064821 | 0.087895 | 0.125245 | 0.162595 | 0.185669 | 0.223019 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.066652 | 0.001335 | 0.047571 | 0.115558 | 0.161794 | 0.229781 | 0.276017 |
| Camarilla | 0.062397 | 0.072867 | 0.083338 | 0.093808 | 0.104278 | 0.114749 | 0.125219 |
| Woodie | -0.077527 | -0.004103 | 0.036697 | 0.110120 | 0.150920 | 0.224343 | 0.265143 |
| Fibonacci | 0.001335 | 0.044968 | 0.071925 | 0.115558 | 0.159191 | 0.186148 | 0.229781 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.00 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 5.091034 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.094662 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.090157 | |
| Elder Ray (13): | 0.002693 | |
| Super Trend (3,10): | 0.092131 | |
| Zig ZAG (10): | 0.098461 | |
| VORTEX (21): | 1.1582 | |
| Stochastique (14,3,5): | 93.96 | |
| TEMA (21): | 0.096113 | |
| Williams %R (14): | -0.87 | |
| Chande Momentum Oscillator (20): | 0.005227 | |
| Repulse (5,40,3): | 4.8543 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1339 | |
| Courbe Coppock: | 5.62 |
| MA7: | 0.105240 | |
| MA20: | 0.096704 | |
| MA50: | 0.105306 | |
| MA100: | 0.100189 | |
| MAexp7: | 0.096305 | |
| MAexp20: | 0.095187 | |
| MAexp50: | 0.097265 | |
| MAexp100: | 0.100469 | |
| Price / MA7: | -7.10% | |
| Price / MA20: | +1.10% | |
| Price / MA50: | -7.16% | |
| Price / MA100: | -2.41% | |
| Price / MAexp7: | +1.52% | |
| Price / MAexp20: | +2.71% | |
| Price / MAexp50: | +0.52% | |
| Price / MAexp100: | -2.69% |
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.
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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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