HELIUM - HNT/USD - 1H - Technical analysis published on 04/14/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
22%
22%
My opinion
Bearish under 4.92 USD
My targets
4.25 USD (-6.18%)
3.42 USD (-24.50%)
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 HELIUM - HNT/USD. As long as you are under the resistance located at 4.92 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.25 USD 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 3.42 USD as an objective. Crossing it would then enable sellers to target 2.92 USD. If the resistance 4.92 USD 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HELIUM - HNT/USD rating 4.53 USD. On the day, this instrument lost -0.44% and was between 4.16 USD and 4.64 USD. This implies that the price is at +8.89% from its lowest and at -2.37% from its highest.4.16
4.64
4.53
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:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on HELIUM - HNT/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this 1H chart of HELIUM - HNT/USD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.32 | 2.92 | 4.25 | 4.53 | 5.08 | 5.32 | 5.68 |
| Change (%) | -70.86% | -35.54% | -6.18% | - | +12.14% | +17.44% | +25.39% |
| Change | -3.21 | -1.61 | -0.28 | - | +0.55 | +0.79 | +1.15 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
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 | 2.15 | 2.97 | 3.76 | 4.58 | 5.37 | 6.19 | 6.98 |
| Camarilla | 4.11 | 4.26 | 4.40 | 4.55 | 4.70 | 4.85 | 4.99 |
| Woodie | 2.14 | 2.96 | 3.75 | 4.57 | 5.36 | 6.18 | 6.97 |
| Fibonacci | 2.97 | 3.59 | 3.97 | 4.58 | 5.20 | 5.58 | 6.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79 | 2.29 | 3.42 | 4.92 | 6.05 | 7.55 | 8.68 |
| Camarilla | 3.83 | 4.07 | 4.31 | 4.55 | 4.79 | 5.03 | 5.27 |
| Woodie | 0.61 | 2.20 | 3.24 | 4.83 | 5.87 | 7.46 | 8.50 |
| Fibonacci | 2.29 | 3.30 | 3.92 | 4.92 | 5.93 | 6.55 | 7.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.97 | 3.41 | 4.70 | 7.14 | 8.43 | 10.87 | 12.16 |
| Camarilla | 4.95 | 5.30 | 5.64 | 5.98 | 6.32 | 6.66 | 7.01 |
| Woodie | 0.39 | 3.12 | 4.12 | 6.85 | 7.85 | 10.58 | 11.58 |
| Fibonacci | 3.41 | 4.84 | 5.72 | 7.14 | 8.57 | 9.45 | 10.87 |
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): | 45.00 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -10.86 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 4.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.10 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 4.84 | |
| Zig ZAG (10): | 4.43 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 55.71 | |
| TEMA (21): | 4.31 | |
| Williams %R (14): | -41.71 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | 1.4000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6100 | |
| Courbe Coppock: | 4.74 |
| MA7: | 5.37 | |
| MA20: | 5.74 | |
| MA50: | 7.13 | |
| MA100: | 7.36 | |
| MAexp7: | 4.39 | |
| MAexp20: | 4.48 | |
| MAexp50: | 4.86 | |
| MAexp100: | 5.21 | |
| Price / MA7: | -15.64% | |
| Price / MA20: | -21.08% | |
| Price / MA50: | -36.47% | |
| Price / MA100: | -38.45% | |
| Price / MAexp7: | +3.19% | |
| Price / MAexp20: | +1.12% | |
| Price / MAexp50: | -6.79% | |
| Price / MAexp100: | -13.05% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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