HELIUM - HNT/USDT - Daily - Technical analysis published on 03/24/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 1.55 USDT
My targets
1.25 USDT (-5.30%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HELIUM - HNT/USDT as long as the price remains well below 1.55 USDT. The sellers' bearish objective is set at 1.25 USDT. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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Additional analysis
Quotes
The HELIUM - HNT/USDT rating is 1.32 USDT. The price has increased by +6.45% since the last closing and was traded between 1.18 USDT and 1.35 USDT over the period. The price is currently at +11.86% from its lowest and -2.22% from its highest.1.18
1.35
1.32
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HELIUM - HNT/USDT:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of HELIUM - HNT/USDT indicates that the overall trend is strongly bearish. 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, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 2 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
White morning star
Type : Bullish
Timeframe : Daily
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 1.32 | 1.55 | 3.28 | 4.62 |
| Change (%) | - | +17.42% | +148.48% | +250.00% |
| Change | - | +0.23 | +1.96 | +3.30 |
| Level | - | Major | Minor | Minor |
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 | 1.08 | 1.12 | 1.18 | 1.22 | 1.28 | 1.32 | 1.38 |
| Camarilla | 1.21 | 1.22 | 1.23 | 1.24 | 1.25 | 1.26 | 1.27 |
| Woodie | 1.09 | 1.13 | 1.19 | 1.23 | 1.29 | 1.33 | 1.39 |
| Fibonacci | 1.12 | 1.16 | 1.18 | 1.22 | 1.26 | 1.28 | 1.32 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.19 | 0.85 | 1.19 | 1.85 | 2.19 | 2.85 | 3.19 |
| Camarilla | 1.26 | 1.35 | 1.44 | 1.53 | 1.62 | 1.71 | 1.81 |
| Woodie | 0.03 | 0.77 | 1.03 | 1.77 | 2.03 | 2.77 | 3.03 |
| Fibonacci | 0.85 | 1.23 | 1.47 | 1.85 | 2.23 | 2.47 | 2.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.25 | 1.79 | 2.31 | 2.85 | 3.37 | 3.91 | 4.43 |
| Camarilla | 2.54 | 2.64 | 2.73 | 2.83 | 2.93 | 3.02 | 3.12 |
| Woodie | 1.24 | 1.79 | 2.30 | 2.85 | 3.36 | 3.91 | 4.42 |
| Fibonacci | 1.79 | 2.20 | 2.45 | 2.85 | 3.26 | 3.51 | 3.91 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 28.59 | |
| MACD (12,26,9): | -0.3400 | |
| Directional Movement: | -15.56 | |
| AROON (14): | -85.72 | |
| DEMA (21): | 1.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.56 | |
| Elder Ray (13): | -0.35 | |
| Super Trend (3,10): | 1.89 | |
| Zig ZAG (10): | 1.32 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 7.45 | |
| TEMA (21): | 1.19 | |
| Williams %R (14): | -88.34 | |
| Chande Momentum Oscillator (20): | -0.91 | |
| Repulse (5,40,3): | 1.6200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.6900 | |
| Courbe Coppock: | 74.48 |
| MA7: | 1.38 | |
| MA20: | 1.87 | |
| MA50: | 2.40 | |
| MA100: | 2.29 | |
| MAexp7: | 1.42 | |
| MAexp20: | 1.80 | |
| MAexp50: | 2.18 | |
| MAexp100: | 2.53 | |
| Price / MA7: | -4.35% | |
| Price / MA20: | -29.41% | |
| Price / MA50: | -45.00% | |
| Price / MA100: | -42.36% | |
| Price / MAexp7: | -7.04% | |
| Price / MAexp20: | -26.67% | |
| Price / MAexp50: | -39.45% | |
| Price / MAexp100: | -47.83% |
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.
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