HEDERA - HBAR/USDT - 1H - Technical analysis published on 01/31/2023 (GMT)
- 222
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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
56%
0%
44%
My opinion
Bearish under 0.066330 USDT
My targets
0.062770 USDT (-4.31%)
0.061970 USDT (-5.53%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on HEDERA HASHGRAPH - HBAR/USDT. As long as you are under the resistance located at 0.066330 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.062770 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.061970 USDT as an objective. Crossing it would then enable sellers to target 0.058397 USDT. If the resistance 0.066330 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.7
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 price is 0.065600 USDT. The price registered an increase of +2.44% on the session with the lowest point at 0.064020 USDT and the highest point at 0.066640 USDT. The deviation from the price is +2.47% for the low point and -1.56% for the high point.0.064020
0.066640
0.065600
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
Here is a more detailed summary of the historical variations registered by HEDERA HASHGRAPH - HBAR/USDT:
Technical
Technical analysis of HEDERA HASHGRAPH - HBAR/USDT in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.061970 | 0.062770 | 0.065530 | 0.065600 | 0.066330 | 0.069315 | 0.070583 |
| Change (%) | -5.53% | -4.31% | -0.11% | - | +1.11% | +5.66% | +7.60% |
| Change | -0.003630 | -0.002830 | -0.000070 | - | +0.000730 | +0.003715 | +0.004983 |
| Level | Intermediate | Minor | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.054040 | 0.058420 | 0.061230 | 0.065610 | 0.068420 | 0.072800 | 0.075610 |
| Camarilla | 0.062063 | 0.062722 | 0.063381 | 0.064040 | 0.064699 | 0.065358 | 0.066017 |
| Woodie | 0.053255 | 0.058028 | 0.060445 | 0.065218 | 0.067635 | 0.072408 | 0.074825 |
| Fibonacci | 0.058420 | 0.061167 | 0.062863 | 0.065610 | 0.068357 | 0.070053 | 0.072800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050437 | 0.056203 | 0.061527 | 0.067293 | 0.072617 | 0.078383 | 0.083707 |
| Camarilla | 0.063800 | 0.064817 | 0.065833 | 0.066850 | 0.067867 | 0.068883 | 0.069900 |
| Woodie | 0.050215 | 0.056093 | 0.061305 | 0.067183 | 0.072395 | 0.078273 | 0.083485 |
| Fibonacci | 0.056203 | 0.060440 | 0.063057 | 0.067293 | 0.071530 | 0.074147 | 0.078383 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019617 | 0.027673 | 0.032077 | 0.040133 | 0.044537 | 0.052593 | 0.056997 |
| Camarilla | 0.033054 | 0.034196 | 0.035338 | 0.036480 | 0.037622 | 0.038764 | 0.039907 |
| Woodie | 0.017790 | 0.026760 | 0.030250 | 0.039220 | 0.042710 | 0.051680 | 0.055170 |
| Fibonacci | 0.027673 | 0.032433 | 0.035374 | 0.040133 | 0.044893 | 0.047834 | 0.052593 |
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): | 53.34 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 7.354863 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.065016 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.064692 | |
| Elder Ray (13): | 0.000344 | |
| Super Trend (3,10): | 0.064373 | |
| Zig ZAG (10): | 0.065530 | |
| VORTEX (21): | 1.1409 | |
| Stochastique (14,3,5): | 65.01 | |
| TEMA (21): | 0.065509 | |
| Williams %R (14): | -40.08 | |
| Chande Momentum Oscillator (20): | 0.001270 | |
| Repulse (5,40,3): | -0.1904 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0666 | |
| Courbe Coppock: | 2.83 |
| MA7: | 0.067023 | |
| MA20: | 0.062009 | |
| MA50: | 0.049959 | |
| MA100: | 0.050832 | |
| MAexp7: | 0.065474 | |
| MAexp20: | 0.065166 | |
| MAexp50: | 0.065851 | |
| MAexp100: | 0.066602 | |
| Price / MA7: | -2.12% | |
| Price / MA20: | +5.79% | |
| Price / MA50: | +31.31% | |
| Price / MA100: | +29.05% | |
| Price / MAexp7: | +0.19% | |
| Price / MAexp20: | +0.67% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -1.50% |
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 - 1H