HUOBI TOKEN - HT/USDT - 1H - Technical analysis published on 01/13/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 3.12 USDT
My targets
2.95 USDT (-2.32%)
2.80 USDT (-7.28%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HUOBI TOKEN - HT/USDT as long as the price remains well below 3.12 USDT. The sellers” bearish objective is set at 2.95 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.80 USDT. In case of crossing, the next objective would be the support located at 2.75 USDT.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
3.8
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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 rating is 3.02 USDT. The price is lower by -2.58% since the last closing and was between 3.00 USDT and 3.11 USDT. This implies that the price is at +0.67% from its lowest and at -2.89% from its highest.3.00
3.11
3.02
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HUOBI TOKEN - HT/USDT:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of HUOBI TOKEN - HT/USDT in 1H shows an overall bearish trend. 75% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from 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 does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.80 | 2.95 | 3.02 | 3.02 | 3.12 | 3.21 | 3.98 |
| Change (%) | -7.28% | -2.32% | 0% | - | +3.31% | +6.29% | +31.79% |
| Change | -0.22 | -0.07 | 0 | - | +0.10 | +0.19 | +0.96 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
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 | 2.91 | 2.99 | 3.04 | 3.13 | 3.18 | 3.26 | 3.32 |
| Camarilla | 3.06 | 3.07 | 3.09 | 3.10 | 3.11 | 3.12 | 3.13 |
| Woodie | 2.89 | 2.98 | 3.03 | 3.12 | 3.17 | 3.25 | 3.30 |
| Fibonacci | 2.99 | 3.04 | 3.07 | 3.13 | 3.18 | 3.21 | 3.26 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.59 | 2.74 | 2.94 | 3.09 | 3.30 | 3.45 | 3.65 |
| Camarilla | 3.05 | 3.08 | 3.11 | 3.15 | 3.18 | 3.21 | 3.25 |
| Woodie | 2.62 | 2.75 | 2.97 | 3.11 | 3.32 | 3.46 | 3.68 |
| Fibonacci | 2.74 | 2.87 | 2.96 | 3.09 | 3.23 | 3.31 | 3.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.71 | 2.04 | 2.39 | 2.73 | 3.08 | 3.41 | 3.77 |
| Camarilla | 2.56 | 2.62 | 2.68 | 2.74 | 2.81 | 2.87 | 2.93 |
| Woodie | 1.72 | 2.05 | 2.40 | 2.73 | 3.09 | 3.42 | 3.77 |
| Fibonacci | 2.04 | 2.30 | 2.47 | 2.73 | 2.99 | 3.15 | 3.41 |
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): | 43.76 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -7.80 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 3.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.01 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 3.12 | |
| Zig ZAG (10): | 3.03 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 39.80 | |
| TEMA (21): | 3.02 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1100 | |
| Courbe Coppock: | 1.49 |
| MA7: | 3.09 | |
| MA20: | 2.91 | |
| MA50: | 2.81 | |
| MA100: | 3.17 | |
| MAexp7: | 3.03 | |
| MAexp20: | 3.05 | |
| MAexp50: | 3.08 | |
| MAexp100: | 3.08 | |
| Price / MA7: | -2.27% | |
| Price / MA20: | +3.78% | |
| Price / MA50: | +7.47% | |
| Price / MA100: | -4.73% | |
| Price / MAexp7: | -0.33% | |
| Price / MAexp20: | -0.98% | |
| Price / MAexp50: | -1.95% | |
| Price / MAexp100: | -1.95% |
This member declared not having a position on this financial instrument or a related financial instrument.
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