HELIUM - HNT/USD - 1H - Technical analysis published on 03/23/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 6.82 USD
My targets
6.30 USD (-3.08%)
6.09 USD (-6.31%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HELIUM - HNT/USD as long as the price remains well below 6.82 USD. The next bearish objective for sellers is set at 6.30 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.09 USD. If there is any crossing, the next objective would be the support located at 5.21 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.4
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HELIUM - HNT/USD price is 6.50 USD. The price registered a decrease of -0.46% on the session with the lowest point at 6.44 USD and the highest point at 6.72 USD. The deviation from the price is +0.93% for the low point and -3.27% for the high point.6.44
6.72
6.50
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this HELIUM - HNT/USD chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by 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, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.21 | 6.09 | 6.30 | 6.50 | 6.53 | 6.82 | 7.45 |
| Change (%) | -19.85% | -6.31% | -3.08% | - | +0.46% | +4.92% | +14.62% |
| Change | -1.29 | -0.41 | -0.20 | - | +0.03 | +0.32 | +0.95 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 5.68 | 5.99 | 6.26 | 6.57 | 6.84 | 7.15 | 7.42 |
| Camarilla | 6.37 | 6.42 | 6.48 | 6.53 | 6.58 | 6.64 | 6.69 |
| Woodie | 5.66 | 5.98 | 6.24 | 6.56 | 6.82 | 7.14 | 7.40 |
| Fibonacci | 5.99 | 6.21 | 6.35 | 6.57 | 6.79 | 6.93 | 7.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.41 | 5.11 | 6.08 | 7.78 | 8.75 | 10.45 | 11.42 |
| Camarilla | 6.31 | 6.55 | 6.80 | 7.04 | 7.29 | 7.53 | 7.77 |
| Woodie | 3.04 | 4.93 | 5.71 | 7.60 | 8.38 | 10.27 | 11.05 |
| Fibonacci | 5.11 | 6.13 | 6.76 | 7.78 | 8.80 | 9.43 | 10.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.37 | 4.55 | 6.75 | 8.93 | 11.13 | 13.31 | 15.51 |
| Camarilla | 7.74 | 8.14 | 8.54 | 8.94 | 9.34 | 9.74 | 10.15 |
| Woodie | 2.37 | 4.56 | 6.75 | 8.94 | 11.13 | 13.32 | 15.51 |
| Fibonacci | 4.55 | 6.23 | 7.26 | 8.93 | 10.61 | 11.64 | 13.31 |
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): | 44.59 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 5.91 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 6.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.67 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 6.66 | |
| Zig ZAG (10): | 6.51 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 6.35 | |
| TEMA (21): | 6.55 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.11 | |
| Repulse (5,40,3): | -1.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.54 |
| MA7: | 6.81 | |
| MA20: | 7.83 | |
| MA50: | 8.29 | |
| MA100: | 7.64 | |
| MAexp7: | 6.54 | |
| MAexp20: | 6.55 | |
| MAexp50: | 6.59 | |
| MAexp100: | 6.71 | |
| Price / MA7: | -4.55% | |
| Price / MA20: | -16.99% | |
| Price / MA50: | -21.59% | |
| Price / MA100: | -14.92% | |
| Price / MAexp7: | -0.61% | |
| Price / MAexp20: | -0.76% | |
| Price / MAexp50: | -1.37% | |
| Price / MAexp100: | -3.13% |
Quotes :
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Real time data
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