HIVE - HIVE/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	HIVEUSDT
ISIN:

HIVE - HIVE/USDT - Daily - Technical analysis published on 02/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 1.15 USDT

My targets

0.95 USDT (-10.93%)

0.88 USDT (-17.76%)

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 HIVE - HIVE/USDT. As long as you are under the resistance located at 1.15 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.95 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 0.88 USDT as an objective. Crossing it would then enable sellers to target 0.51 USDT. If the resistance 1.15 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

3.4

Comment on the analysis

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 SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

HIVE - HIVE/USDT rating 1.07 USDT. The price has increased by +2.89% since the last closing with the lowest point at 1.03 USDT and the highest point at 1.08 USDT. The deviation from the price is +3.88% for the low point and -0.93% for the high point.

1.03

1.08

1.07

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this HIVE - HIVE/USDT chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.51	0.88	1.07	1.40	1.85	2.59
Change (%)	-52.34%	-17.76%	-	+30.84%	+72.90%	+142.06%
Change	-0.56	-0.19	-	+0.33	+0.78	+1.52
Level	Minor	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	0.95	0.99	1.01	1.05	1.07	1.11	1.13
Camarilla	1.02	1.03	1.04	1.04	1.05	1.05	1.06
Woodie	0.95	0.99	1.01	1.05	1.07	1.11	1.13
Fibonacci	0.99	1.01	1.02	1.05	1.07	1.08	1.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.69	0.86	0.95	1.12	1.21	1.38	1.47
Camarilla	0.98	1.00	1.03	1.05	1.07	1.10	1.12
Woodie	0.66	0.84	0.92	1.10	1.18	1.36	1.44
Fibonacci	0.86	0.96	1.02	1.12	1.22	1.28	1.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.54	0.09	0.52	1.15	1.58	2.21	2.64
Camarilla	0.67	0.77	0.86	0.96	1.06	1.15	1.25
Woodie	-0.63	0.04	0.43	1.10	1.49	2.16	2.55
Fibonacci	0.09	0.49	0.74	1.15	1.55	1.80	2.21

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):	47.14
MACD (12,26,9):	-0.0200
Directional Movement:	2.31
AROON (14):	35.71
DEMA (21):	1.05
Parabolic SAR (0,02-0,02-0,2):	1.27
Elder Ray (13):	-0.03
Super Trend (3,10):	0.84
Zig ZAG (10):	1.07
VORTEX (21):	1.1200
Stochastique (14,3,5):	39.66
TEMA (21):	1.10
Williams %R (14):	-59.14
Chande Momentum Oscillator (20):	0.01
Repulse (5,40,3):	2.5000
ROCnROLL:	2
TRIX (15,9):	-0.3300
Courbe Coppock:	29.01

MA7:	1.08
MA20:	1.06
MA50:	1.19
MA100:	1.36
MAexp7:	1.08
MAexp20:	1.09
MAexp50:	1.17
MAexp100:	1.18
Price / MA7:	-0.93%
Price / MA20:	+0.94%
Price / MA50:	-10.08%
Price / MA100:	-21.32%
Price / MAexp7:	-0.93%
Price / MAexp20:	-1.83%
Price / MAexp50:	-8.55%
Price / MAexp100:	-9.32%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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