Londinia Opportunities Analyses - 05/03/2024 (GMT) HEDERA HASHGRAPH - HBAR/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | HBARUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.105684 USDT
My targets
0.109451 USDT (+2.58%)
0.114716 USDT (+7.52%)
My analysis
The bullish trend is currently very strong on HEDERA HASHGRAPH - HBAR/USDT. As long as the price remains above the support at 0.105684 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.109451 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.114716 USDT as an objective. Crossing it would then enable buyers to target 0.120710 USDT. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8
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.
Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USDT rating 0.106693 USDT. The price registered an increase of +6.31% on the session and was traded between 0.098944 USDT and 0.109083 USDT over the period. The price is currently at +7.83% from its lowest and -2.19% from its highest.0.098944
0.109083
0.106693
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
Technical
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USDT chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.092607 | 0.101005 | 0.105684 | 0.106693 | 0.109451 | 0.120710 | 0.124840 |
| Change (%) | -13.20% | -5.33% | -0.95% | - | +2.58% | +13.14% | +17.01% |
| Change | -0.014086 | -0.005688 | -0.001009 | - | +0.002758 | +0.014017 | +0.018147 |
| Level | Major | Minor | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.090479 | 0.092856 | 0.096608 | 0.098985 | 0.102737 | 0.105114 | 0.108866 |
| Camarilla | 0.098676 | 0.099237 | 0.099799 | 0.100361 | 0.100923 | 0.101485 | 0.102047 |
| Woodie | 0.091168 | 0.093200 | 0.097297 | 0.099329 | 0.103426 | 0.105458 | 0.109555 |
| Fibonacci | 0.092856 | 0.095197 | 0.096643 | 0.098985 | 0.101326 | 0.102772 | 0.105114 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.027624 | 0.029053 | 0.067789 | 0.124466 | 0.163202 | 0.219879 | 0.258615 |
| Camarilla | 0.080285 | 0.089032 | 0.097778 | 0.106524 | 0.115270 | 0.124016 | 0.132763 |
| Woodie | -0.036596 | 0.024568 | 0.058818 | 0.119981 | 0.154231 | 0.215394 | 0.249644 |
| Fibonacci | 0.029053 | 0.065501 | 0.088019 | 0.124466 | 0.160914 | 0.183432 | 0.219879 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.063654 | 0.002773 | 0.048289 | 0.114716 | 0.160232 | 0.226659 | 0.272175 |
| Camarilla | 0.063020 | 0.073281 | 0.083543 | 0.093804 | 0.104065 | 0.114327 | 0.124588 |
| Woodie | -0.074111 | -0.002455 | 0.037833 | 0.109488 | 0.149776 | 0.221431 | 0.261719 |
| Fibonacci | 0.002773 | 0.045536 | 0.071954 | 0.114716 | 0.157479 | 0.183897 | 0.226659 |
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): | 62.58 | |
| MACD (12,26,9): | 0.0017 | |
| Directional Movement: | 21.279565 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.105535 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.108186 | |
| Elder Ray (13): | 0.001412 | |
| Super Trend (3,10): | 0.100060 | |
| Zig ZAG (10): | 0.105391 | |
| VORTEX (21): | 1.1629 | |
| Stochastique (14,3,5): | 66.27 | |
| TEMA (21): | 0.106270 | |
| Williams %R (14): | -37.03 | |
| Chande Momentum Oscillator (20): | 0.003879 | |
| Repulse (5,40,3): | 0.9573 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2428 | |
| Courbe Coppock: | 9.65 |
| MA7: | 0.101817 | |
| MA20: | 0.098712 | |
| MA50: | 0.104226 | |
| MA100: | 0.100780 | |
| MAexp7: | 0.105085 | |
| MAexp20: | 0.103317 | |
| MAexp50: | 0.101086 | |
| MAexp100: | 0.101139 | |
| Price / MA7: | +4.79% | |
| Price / MA20: | +8.09% | |
| Price / MA50: | +2.37% | |
| Price / MA100: | +5.87% | |
| Price / MAexp7: | +1.53% | |
| Price / MAexp20: | +3.27% | |
| Price / MAexp50: | +5.55% | |
| Price / MAexp100: | +5.49% |
Quotes :
-
Real time data
-
Cryptocompare