HELIUM - HNT/USD
HELIUM - HNT/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: HNTUSD
ISIN:

HELIUM - HNT/USD - 1H - Technical analysis published on 09/15/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
94%
0%
6%
My opinion
Bullish above 7.45 USD
My targets
7.70 USD (+1.58%)
7.96 USD (+5.01%)
My analysis
The strong short-term increase in HELIUM - HNT/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 7.45 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 7.70 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.96 USD as an objective. Crossing it would then enable buyers to target 8.19 USD. Caution, a return under 7.45 USD could jeopardize the reversal.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The HELIUM - HNT/USD rating is 7.58 USD. The price registered an increase of +4.26% on the session and was between 7.02 USD and 7.61 USD. This implies that the price is at +7.98% from its lowest and at -0.39% from its highest.

7.02
7.61
7.58

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of HELIUM - HNT/USD indicates that the overall trend is slightly bearish. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.89 7.26 7.45 7.58 7.59 7.70 7.96
Change (%) -9.10% -4.22% -1.72% - +0.13% +1.58% +5.01%
Change -0.69 -0.32 -0.13 - +0.01 +0.12 +0.38
Level Intermediate Major Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard6.166.596.937.367.708.138.47
Camarilla7.067.137.207.277.347.417.48
Woodie6.126.576.897.347.668.118.43
Fibonacci6.596.887.077.367.657.848.13


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.336.186.727.578.118.969.50
Camarilla6.897.027.147.277.407.537.65
Woodie5.196.106.587.497.978.889.36
Fibonacci6.186.717.047.578.108.438.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.171.654.366.188.8910.7113.42
Camarilla5.826.246.667.077.497.908.32
Woodie0.281.874.816.409.3410.9313.87
Fibonacci1.653.384.456.187.918.9810.71

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): 63.84
MACD (12,26,9): 0.0200
Directional Movement: 16.02
AROON (14): 92.86
DEMA (21): 7.34
Parabolic SAR (0,02-0,02-0,2): 7.21
Elder Ray (13): 0.21
Super Trend (3,10): 7.25
Zig ZAG (10): 7.57
VORTEX (21): 1.1400
Stochastique (14,3,5): 89.64
TEMA (21): 7.43
Williams %R (14): -3.50
Chande Momentum Oscillator (20): 0.36
Repulse (5,40,3): 2.9200
ROCnROLL: 1
TRIX (15,9): -0.1000
Courbe Coppock: 7.08
MA7: 7.71
MA20: 7.56
MA50: 6.68
MA100: 5.20
MAexp7: 7.44
MAexp20: 7.35
MAexp50: 7.44
MAexp100: 7.59
Price / MA7: -1.69%
Price / MA20: +0.26%
Price / MA50: +13.47%
Price / MA100: +45.77%
Price / MAexp7: +1.88%
Price / MAexp20: +3.13%
Price / MAexp50: +1.88%
Price / MAexp100: -0.13%

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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