HELIUM - HNT/USD - 1H - Technical analysis published on 09/09/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 7.85 USD
My targets
7.57 USD (-0.79%)
7.39 USD (-3.15%)
My analysis
The bearish trend is currently very strong for HELIUM - HNT/USD. As long as the price remains below the resistance at 7.85 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.57 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.39 USD as an objective. Crossing it would then enable sellers to target 6.89 USD. 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, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HELIUM - HNT/USD price is 7.63 USD. On the day, this instrument lost -6.27% with the lowest point at 7.26 USD and the highest point at 8.41 USD. The deviation from the price is +5.10% for the low point and -9.27% for the high point.7.26
8.41
7.63
The Central Gaps scanner detects a bullish opening. A small advantage for buyers 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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this HELIUM - HNT/USD chart shows a sharp bearish trend. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.89 | 7.39 | 7.57 | 7.63 | 7.85 | 8.18 | 8.36 |
| Change (%) | -9.70% | -3.15% | -0.79% | - | +2.88% | +7.21% | +9.57% |
| Change | -0.74 | -0.24 | -0.06 | - | +0.22 | +0.55 | +0.73 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Minor | Intermediate |
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 | 7.64 | 7.80 | 7.97 | 8.13 | 8.30 | 8.46 | 8.63 |
| Camarilla | 8.05 | 8.08 | 8.11 | 8.14 | 8.17 | 8.20 | 8.23 |
| Woodie | 7.65 | 7.80 | 7.98 | 8.13 | 8.31 | 8.46 | 8.64 |
| Fibonacci | 7.80 | 7.93 | 8.00 | 8.13 | 8.26 | 8.33 | 8.46 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.19 | 6.02 | 7.02 | 7.85 | 8.85 | 9.68 | 10.68 |
| Camarilla | 7.52 | 7.69 | 7.85 | 8.02 | 8.19 | 8.36 | 8.52 |
| Woodie | 5.28 | 6.06 | 7.11 | 7.89 | 8.94 | 9.72 | 10.77 |
| Fibonacci | 6.02 | 6.72 | 7.15 | 7.85 | 8.55 | 8.98 | 9.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.17 | 1.65 | 4.36 | 6.18 | 8.89 | 10.71 | 13.42 |
| Camarilla | 5.82 | 6.24 | 6.66 | 7.07 | 7.49 | 7.90 | 8.32 |
| Woodie | 0.28 | 1.87 | 4.81 | 6.40 | 9.34 | 10.93 | 13.87 |
| Fibonacci | 1.65 | 3.38 | 4.45 | 6.18 | 7.91 | 8.98 | 10.71 |
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): | 35.14 | |
| MACD (12,26,9): | -0.1500 | |
| Directional Movement: | -33.85 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 7.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.93 | |
| Elder Ray (13): | -0.24 | |
| Super Trend (3,10): | 8.14 | |
| Zig ZAG (10): | 7.60 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 29.94 | |
| TEMA (21): | 7.64 | |
| Williams %R (14): | -65.18 | |
| Chande Momentum Oscillator (20): | -0.54 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 13.96 |
| MA7: | 7.86 | |
| MA20: | 7.25 | |
| MA50: | 6.38 | |
| MA100: | 4.98 | |
| MAexp7: | 7.72 | |
| MAexp20: | 7.92 | |
| MAexp50: | 8.04 | |
| MAexp100: | 8.02 | |
| Price / MA7: | -2.93% | |
| Price / MA20: | +5.24% | |
| Price / MA50: | +19.59% | |
| Price / MA100: | +53.21% | |
| Price / MAexp7: | -1.17% | |
| Price / MAexp20: | -3.66% | |
| Price / MAexp50: | -5.10% | |
| Price / MAexp100: | -4.86% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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