HEX - HEX/USDT - Daily - Technical analysis published on 02/26/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 0.210400 USDT
My targets
0.139100 USDT (-13.28%)
0.131100 USDT (-18.27%)
My analysis
The bearish trend is currently very strong for HEX - HEX/USDT. As long as the price remains below the resistance at 0.210400 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.139100 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.131100 USDT as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
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 baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEX - HEX/USDT rating 0.160400 USDT. The price registered an increase of +1.91% on the session and was between 0.155200 USDT and 0.165500 USDT. This implies that the price is at +3.35% from its lowest and at -3.08% from its highest.0.155200
0.165500
0.160400
Here is a more detailed summary of the historical variations registered by HEX - HEX/USDT:
Technical
Technical analysis of HEX - HEX/USDT in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 3 are neutral and 10 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.131100 | 0.160400 | 0.216190 | 0.331900 | 0.389700 |
| Change (%) | -18.27% | - | +34.78% | +106.92% | +142.96% |
| Change | -0.029300 | - | +0.055790 | +0.171500 | +0.229300 |
| Level | Intermediate | - | Minor | 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 | 0.117733 | 0.127267 | 0.142333 | 0.151867 | 0.166933 | 0.176467 | 0.191533 |
| Camarilla | 0.150635 | 0.152890 | 0.155145 | 0.157400 | 0.159655 | 0.161910 | 0.164165 |
| Woodie | 0.120500 | 0.128650 | 0.145100 | 0.153250 | 0.169700 | 0.177850 | 0.194300 |
| Fibonacci | 0.127267 | 0.136664 | 0.142470 | 0.151867 | 0.161264 | 0.167070 | 0.176467 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.122900 | 0.146800 | 0.162000 | 0.185900 | 0.201100 | 0.225000 | 0.240200 |
| Camarilla | 0.166448 | 0.170032 | 0.173616 | 0.177200 | 0.180784 | 0.184368 | 0.187953 |
| Woodie | 0.118550 | 0.144625 | 0.157650 | 0.183725 | 0.196750 | 0.222825 | 0.235850 |
| Fibonacci | 0.146800 | 0.161736 | 0.170964 | 0.185900 | 0.200836 | 0.210064 | 0.225000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027400 | 0.098700 | 0.139100 | 0.210400 | 0.250800 | 0.322100 | 0.362500 |
| Camarilla | 0.148783 | 0.159022 | 0.169261 | 0.179500 | 0.189739 | 0.199978 | 0.210218 |
| Woodie | 0.011950 | 0.090975 | 0.123650 | 0.202675 | 0.235350 | 0.314375 | 0.347050 |
| Fibonacci | 0.098700 | 0.141369 | 0.167731 | 0.210400 | 0.253069 | 0.279431 | 0.322100 |
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): | 41.35 | |
| MACD (12,26,9): | -0.0139 | |
| Directional Movement: | -15.775666 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.157550 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.175256 | |
| Elder Ray (13): | -0.006793 | |
| Super Trend (3,10): | 0.192463 | |
| Zig ZAG (10): | 0.160300 | |
| VORTEX (21): | 0.8881 | |
| Stochastique (14,3,5): | 33.90 | |
| TEMA (21): | 0.150480 | |
| Williams %R (14): | -55.49 | |
| Chande Momentum Oscillator (20): | -0.039700 | |
| Repulse (5,40,3): | 4.8045 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7579 | |
| Courbe Coppock: | 49.04 |
| MA7: | 0.153043 | |
| MA20: | 0.182725 | |
| MA50: | 0.196586 | |
| MA100: | 0.205562 | |
| MAexp7: | 0.157756 | |
| MAexp20: | 0.173959 | |
| MAexp50: | 0.192672 | |
| MAexp100: | 0.207113 | |
| Price / MA7: | +4.81% | |
| Price / MA20: | -12.22% | |
| Price / MA50: | -18.41% | |
| Price / MA100: | -21.97% | |
| Price / MAexp7: | +1.68% | |
| Price / MAexp20: | -7.79% | |
| Price / MAexp50: | -16.75% | |
| Price / MAexp100: | -22.55% |
Quotes :
-
Real time data
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