HEX - HEX/USDT - Daily - Technical analysis published on 04/02/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.137867 USDT
My targets
0.176618 USDT (+13.51%)
0.209967 USDT (+34.94%)
My analysis
The strong short-term increase in HEX - HEX/USDT calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.137867 USDT, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.176618 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.209967 USDT as an objective. Crossing it would then enable buyers to target 0.331900 USDT. Caution, a return under 0.137867 USDT could jeopardize the reversal.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.3
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Additional analysis
Quotes
The HEX - HEX/USDT rating is 0.155600 USDT. The price registered an increase of +0.78% on the session and was between 0.152900 USDT and 0.155600 USDT. This implies that the price is at +1.77% from its lowest and at 0% from its highest.0.152900
0.155600
0.155600
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of HEX - HEX/USDT indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 0.119340 | 0.155600 | 0.176618 | 0.331900 | 0.427200 |
| Change (%) | -23.30% | - | +13.51% | +113.30% | +174.55% |
| Change | -0.036260 | - | +0.021018 | +0.176300 | +0.271600 |
| Level | Intermediate | - | Intermediate | Major | 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 | 0.105233 | 0.117667 | 0.136033 | 0.148467 | 0.166833 | 0.179267 | 0.197633 |
| Camarilla | 0.145930 | 0.148753 | 0.151577 | 0.154400 | 0.157223 | 0.160047 | 0.162870 |
| Woodie | 0.108200 | 0.119150 | 0.139000 | 0.149950 | 0.169800 | 0.180750 | 0.200600 |
| Fibonacci | 0.117667 | 0.129432 | 0.136701 | 0.148467 | 0.160232 | 0.167501 | 0.179267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.055933 | 0.077967 | 0.113133 | 0.135167 | 0.170333 | 0.192367 | 0.227533 |
| Camarilla | 0.132570 | 0.137813 | 0.143057 | 0.148300 | 0.153543 | 0.158787 | 0.164030 |
| Woodie | 0.062500 | 0.081250 | 0.119700 | 0.138450 | 0.176900 | 0.195650 | 0.234100 |
| Fibonacci | 0.077967 | 0.099817 | 0.113316 | 0.135167 | 0.157017 | 0.170516 | 0.192367 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038533 | 0.065767 | 0.110633 | 0.137867 | 0.182733 | 0.209967 | 0.254833 |
| Camarilla | 0.135673 | 0.142282 | 0.148891 | 0.155500 | 0.162109 | 0.168718 | 0.175328 |
| Woodie | 0.047350 | 0.070175 | 0.119450 | 0.142275 | 0.191550 | 0.214375 | 0.263650 |
| Fibonacci | 0.065767 | 0.093309 | 0.110325 | 0.137867 | 0.165409 | 0.182425 | 0.209967 |
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): | 58.43 | |
| MACD (12,26,9): | 0.0056 | |
| Directional Movement: | -3.109615 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.146232 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.123929 | |
| Elder Ray (13): | 0.007976 | |
| Super Trend (3,10): | 0.160478 | |
| Zig ZAG (10): | 0.154500 | |
| VORTEX (21): | 1.1234 | |
| Stochastique (14,3,5): | 84.18 | |
| TEMA (21): | 0.158843 | |
| Williams %R (14): | -16.28 | |
| Chande Momentum Oscillator (20): | 0.037000 | |
| Repulse (5,40,3): | 7.2770 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1554 | |
| Courbe Coppock: | 63.41 |
| MA7: | 0.155343 | |
| MA20: | 0.133470 | |
| MA50: | 0.143314 | |
| MA100: | 0.183940 | |
| MAexp7: | 0.152075 | |
| MAexp20: | 0.141752 | |
| MAexp50: | 0.148513 | |
| MAexp100: | 0.169979 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +16.58% | |
| Price / MA50: | +8.57% | |
| Price / MA100: | -15.41% | |
| Price / MAexp7: | +2.32% | |
| Price / MAexp20: | +9.77% | |
| Price / MAexp50: | +4.77% | |
| Price / MAexp100: | -8.46% |
Quotes :
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Real time data
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