HEDERA - HBAR/USDT - Weekly - Technical analysis published on 10/22/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 0.080743 USDT
My targets
0.050677 USDT (-15.13%)
0.044023 USDT (-26.27%)
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 0.050677 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.044023 USDT. In case of crossing, the next objective would be the support located at 0.032317 USDT. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USDT price is 0.059710 USDT. The price is lower by -2.67% over the 5 days and was traded between 0.057350 USDT and 0.064420 USDT over the period. The price is currently at +4.12% from its lowest point and -7.31% from its highest point.0.057350
0.064420
0.059710
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Weekly of this HEDERA HASHGRAPH - HBAR/USDT chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
Timeframe : Weekly
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.058513 | 0.059710 | 0.159380 | 0.257700 | 0.409400 |
Change (%) | -2.00% | - | +166.92% | +331.59% | +585.65% |
Change | -0.001197 | - | +0.099670 | +0.197990 | +0.349690 |
Level | Major | - | Intermediate | Minor | Minor |
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 | 0.054243 | 0.055407 | 0.057523 | 0.058687 | 0.060803 | 0.061967 | 0.064083 |
Camarilla | 0.058738 | 0.059039 | 0.059339 | 0.059640 | 0.059941 | 0.060241 | 0.060542 |
Woodie | 0.054720 | 0.055645 | 0.058000 | 0.058925 | 0.061280 | 0.062205 | 0.064560 |
Fibonacci | 0.055407 | 0.056660 | 0.057434 | 0.058687 | 0.059940 | 0.060714 | 0.061967 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 32.02 | |
MACD (12,26,9): | -0.0269 | |
Directional Movement: | -8.450285 | |
AROON (14): | -42.857142 | |
DEMA (21): | 0.038647 | |
Parabolic SAR (0,02-0,02-0,2): | 0.066990 | |
Elder Ray (13): | -0.005974 | |
Super Trend (3,10): | 0.100657 | |
Zig ZAG (10): | 0.059780 | |
VORTEX (21): | 0.8808 | |
Stochastique (14,3,5): | 15.20 | |
TEMA (21): | 0.045759 | |
Williams %R (14): | -85.64 | |
Chande Momentum Oscillator (20): | -0.015910 | |
Repulse (5,40,3): | -7.7851 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -3.7690 | |
Courbe Coppock: | 29.30 |
MA7: | 0.060486 | |
MA20: | 0.060387 | |
MA50: | 0.060537 | |
MA100: | 0.065700 | |
MAexp7: | 0.060811 | |
MAexp20: | 0.079072 | |
MAexp50: | 0.132267 | |
MAexp100: | 0.140932 | |
Price / MA7: | -1.28% | |
Price / MA20: | -1.12% | |
Price / MA50: | -1.37% | |
Price / MA100: | -9.12% | |
Price / MAexp7: | -1.81% | |
Price / MAexp20: | -24.49% | |
Price / MAexp50: | -54.86% | |
Price / MAexp100: | -57.63% |
Quotes :
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Real time data
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Cryptocompare
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