HUOBI TOKEN - HT/USDT - 1H - Technical analysis published on 12/30/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 2.82 USDT
My targets
2.74 USDT (-1.08%)
2.70 USDT (-2.53%)
My analysis
There is a bearish trend on HUOBI TOKEN - HT/USDT both at the basic level and in the short term. A sale could be considered, so long as the price remains below 2.82 USDT. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 2.74 USDT. Then the price could move towards 2.70 USDT. Then 2.67 USDT by extension. Be careful, a return to above the resistance 2.82 USDT would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HUOBI TOKEN - HT/USDT price is 2.77 USDT. On the day, this instrument lost -1.07% and was traded between 2.74 USDT and 2.84 USDT over the period. The price is currently at +1.09% from its lowest and -2.46% from its highest.2.74
2.84
2.77
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this HUOBI TOKEN - HT/USDT chart shows a bearish trend. The signals given by moving averages are at 67.86% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
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:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.67 | 2.70 | 2.74 | 2.77 | 2.78 | 2.82 | 2.85 |
| Change (%) | -3.61% | -2.53% | -1.08% | - | +0.36% | +1.81% | +2.89% |
| Change | -0.10 | -0.07 | -0.03 | - | +0.01 | +0.05 | +0.08 |
| Level | Minor | Intermediate | Major | - | Minor | Major | 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 | 2.70 | 2.74 | 2.77 | 2.80 | 2.84 | 2.87 | 2.90 |
| Camarilla | 2.79 | 2.79 | 2.80 | 2.80 | 2.81 | 2.82 | 2.82 |
| Woodie | 2.70 | 2.74 | 2.77 | 2.80 | 2.84 | 2.87 | 2.90 |
| Fibonacci | 2.74 | 2.76 | 2.78 | 2.80 | 2.83 | 2.84 | 2.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.52 | 2.63 | 2.71 | 2.81 | 2.89 | 3.00 | 3.08 |
| Camarilla | 2.73 | 2.75 | 2.77 | 2.79 | 2.80 | 2.82 | 2.84 |
| Woodie | 2.50 | 2.62 | 2.69 | 2.81 | 2.88 | 2.99 | 3.07 |
| Fibonacci | 2.63 | 2.70 | 2.74 | 2.81 | 2.88 | 2.93 | 3.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.11 | 1.16 | 1.98 | 3.03 | 3.84 | 4.89 | 5.71 |
| Camarilla | 2.28 | 2.45 | 2.62 | 2.79 | 2.96 | 3.13 | 3.30 |
| Woodie | -0.01 | 1.10 | 1.86 | 2.97 | 3.72 | 4.83 | 5.59 |
| Fibonacci | 1.16 | 1.88 | 2.32 | 3.03 | 3.74 | 4.18 | 4.89 |
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): | 31.26 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -14.70 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 2.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.83 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 2.84 | |
| Zig ZAG (10): | 2.75 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 6.36 | |
| TEMA (21): | 2.77 | |
| Williams %R (14): | -92.08 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | -2.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.03 |
| MA7: | 2.78 | |
| MA20: | 2.74 | |
| MA50: | 2.93 | |
| MA100: | 3.21 | |
| MAexp7: | 2.77 | |
| MAexp20: | 2.79 | |
| MAexp50: | 2.79 | |
| MAexp100: | 2.79 | |
| Price / MA7: | -0.36% | |
| Price / MA20: | +1.09% | |
| Price / MA50: | -5.46% | |
| Price / MA100: | -13.71% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.72% | |
| Price / MAexp50: | -0.72% | |
| Price / MAexp100: | -0.72% |
This member declared not having a position on this financial instrument or a related financial instrument.
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