HEDERA - HBAR/USDT - Weekly - Technical analysis published on 10/17/2022 (GMT)
- 239
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.080743 USDT
My targets
0.058513 USDT (-4.86%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HEDERA HASHGRAPH - HBAR/USDT as long as the price remains well below 0.080743 USDT. The sellers' bearish objective is set at 0.058513 USDT. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USDT rating is 0.061500 USDT. The price registered an increase of +1.17% over 5 days and was traded between 0.058750 USDT and 0.066970 USDT over the period. The price is currently at +4.68% from its lowest point and -8.17% from its highest point.0.058750
0.066970
0.061500
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Weekly of this HEDERA HASHGRAPH - HBAR/USDT chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
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
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.058513 | 0.061500 | 0.159380 | 0.257700 | 0.409400 |
| Change (%) | -4.86% | - | +159.15% | +319.02% | +565.69% |
| Change | -0.002987 | - | +0.097880 | +0.196200 | +0.347900 |
| Level | Major | - | Intermediate | Intermediate | Minor |
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 | 0.058293 | 0.058977 | 0.060163 | 0.060847 | 0.062033 | 0.062717 | 0.063903 |
| Camarilla | 0.060836 | 0.061007 | 0.061179 | 0.061350 | 0.061521 | 0.061693 | 0.061864 |
| Woodie | 0.058545 | 0.059103 | 0.060415 | 0.060973 | 0.062285 | 0.062843 | 0.064155 |
| Fibonacci | 0.058977 | 0.059691 | 0.060132 | 0.060847 | 0.061561 | 0.062002 | 0.062717 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046297 | 0.051763 | 0.056057 | 0.061523 | 0.065817 | 0.071283 | 0.075577 |
| Camarilla | 0.057666 | 0.058561 | 0.059455 | 0.060350 | 0.061245 | 0.062139 | 0.063034 |
| Woodie | 0.045710 | 0.051470 | 0.055470 | 0.061230 | 0.065230 | 0.070990 | 0.074990 |
| Fibonacci | 0.051763 | 0.055492 | 0.057795 | 0.061523 | 0.065252 | 0.067555 | 0.071283 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032317 | 0.044023 | 0.050677 | 0.062383 | 0.069037 | 0.080743 | 0.087397 |
| Camarilla | 0.052281 | 0.053964 | 0.055647 | 0.057330 | 0.059013 | 0.060696 | 0.062379 |
| Woodie | 0.029790 | 0.042760 | 0.048150 | 0.061120 | 0.066510 | 0.079480 | 0.084870 |
| Fibonacci | 0.044023 | 0.051037 | 0.055370 | 0.062383 | 0.069397 | 0.073730 | 0.080743 |
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): | 32.71 | |
| MACD (12,26,9): | -0.0268 | |
| Directional Movement: | -8.380793 | |
| AROON (14): | -42.857142 | |
| DEMA (21): | 0.038909 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.066990 | |
| Elder Ray (13): | -0.005995 | |
| Super Trend (3,10): | 0.099131 | |
| Zig ZAG (10): | 0.061350 | |
| VORTEX (21): | 0.8909 | |
| Stochastique (14,3,5): | 17.05 | |
| TEMA (21): | 0.046149 | |
| Williams %R (14): | -80.25 | |
| Chande Momentum Oscillator (20): | -0.014370 | |
| Repulse (5,40,3): | -3.1609 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -3.7667 | |
| Courbe Coppock: | 28.49 |
| MA7: | 0.062287 | |
| MA20: | 0.059716 | |
| MA50: | 0.060875 | |
| MA100: | 0.065818 | |
| MAexp7: | 0.061188 | |
| MAexp20: | 0.079193 | |
| MAexp50: | 0.132318 | |
| MAexp100: | 0.140959 | |
| Price / MA7: | -1.26% | |
| Price / MA20: | +2.99% | |
| Price / MA50: | +1.03% | |
| Price / MA100: | -6.56% | |
| Price / MAexp7: | +0.51% | |
| Price / MAexp20: | -22.34% | |
| Price / MAexp50: | -53.52% | |
| Price / MAexp100: | -56.37% |
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 HEDERA - HBAR/USDT - Weekly