HELIUM - HNT/USD - 1H - Technical analysis published on 11/28/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
17%
33%
My opinion
Bullish above 6.55 USD
My targets
6.81 USD (+2.87%)
7.58 USD (+14.46%)
My analysis
The bullish trend is currently very strong on HELIUM - HNT/USD. As long as the price remains above the support at 6.55 USD, you could try to benefit from the boom. The first bullish objective is located at 6.81 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 7.58 USD as an objective. Crossing it would then enable buyers to target 7.86 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
7.1
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Additional analysis
Quotes
The HELIUM - HNT/USD rating is 6.62 USD. On the day, this instrument lost -0.60% with the lowest point at 6.49 USD and the highest point at 6.86 USD. The deviation from the price is +2.00% for the low point and -3.50% for the high point.6.49
6.86
6.62
Here is a more detailed summary of the historical variations registered by HELIUM - HNT/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of HELIUM - HNT/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a slightly bullish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 5.68 | 5.87 | 6.23 | 6.62 | 6.63 | 6.81 | 7.86 |
Change (%) | -14.20% | -11.33% | -5.89% | - | +0.15% | +2.87% | +18.73% |
Change | -0.94 | -0.75 | -0.39 | - | +0.01 | +0.19 | +1.24 |
Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 5.24 | 5.55 | 6.11 | 6.42 | 6.98 | 7.29 | 7.85 |
Camarilla | 6.42 | 6.50 | 6.58 | 6.66 | 6.74 | 6.82 | 6.90 |
Woodie | 5.36 | 5.61 | 6.23 | 6.48 | 7.10 | 7.35 | 7.97 |
Fibonacci | 5.55 | 5.89 | 6.09 | 6.42 | 6.76 | 6.96 | 7.29 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.49 | 4.86 | 5.52 | 5.89 | 6.55 | 6.92 | 7.58 |
Camarilla | 5.89 | 5.98 | 6.08 | 6.17 | 6.26 | 6.36 | 6.45 |
Woodie | 4.63 | 4.93 | 5.66 | 5.96 | 6.69 | 6.99 | 7.72 |
Fibonacci | 4.86 | 5.26 | 5.50 | 5.89 | 6.29 | 6.53 | 6.92 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.83 | 4.78 | 5.54 | 6.49 | 7.25 | 8.20 | 8.96 |
Camarilla | 5.84 | 6.00 | 6.15 | 6.31 | 6.47 | 6.62 | 6.78 |
Woodie | 3.75 | 4.73 | 5.46 | 6.44 | 7.17 | 8.15 | 8.88 |
Fibonacci | 4.78 | 5.43 | 5.83 | 6.49 | 7.14 | 7.54 | 8.20 |
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): | 64.16 | |
MACD (12,26,9): | 0.1000 | |
Directional Movement: | 24.17 | |
AROON (14): | 28.57 | |
DEMA (21): | 6.64 | |
Parabolic SAR (0,02-0,02-0,2): | 6.78 | |
Elder Ray (13): | 0.12 | |
Super Trend (3,10): | 6.34 | |
Zig ZAG (10): | 6.69 | |
VORTEX (21): | 1.1800 | |
Stochastique (14,3,5): | 54.66 | |
TEMA (21): | 6.65 | |
Williams %R (14): | -43.61 | |
Chande Momentum Oscillator (20): | 0.22 | |
Repulse (5,40,3): | 0.9200 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.2500 | |
Courbe Coppock: | 5.18 |
MA7: | 6.18 | |
MA20: | 6.08 | |
MA50: | 6.31 | |
MA100: | 6.81 | |
MAexp7: | 6.58 | |
MAexp20: | 6.51 | |
MAexp50: | 6.35 | |
MAexp100: | 6.22 | |
Price / MA7: | +7.12% | |
Price / MA20: | +8.88% | |
Price / MA50: | +4.91% | |
Price / MA100: | -2.79% | |
Price / MAexp7: | +0.61% | |
Price / MAexp20: | +1.69% | |
Price / MAexp50: | +4.25% | |
Price / MAexp100: | +6.43% |
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.
About author
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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