HOLO - HOT/USDT
HOLO - HOT/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: HOTUSDT
ISIN:

HOLO - HOT/USDT - Daily - Technical analysis published on 01/30/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.005286 USDT
My targets
0.003812 USDT (-13.67%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HOLO - HOT/USDT as long as the price remains well below 0.005286 USDT. The sellers' bearish objective is set at 0.003812 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3

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.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The HOLO - HOT/USDT price is 0.004416 USDT. On the day, this instrument lost -3.71% with the lowest point at 0.004413 USDT and the highest point at 0.004659 USDT. The deviation from the price is +0.07% for the low point and -5.22% for the high point.

0.004413
0.004659
0.004416

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

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 Daily of this HOLO - HOT/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
R1
R2
R3
Price


PriceR1R2R3
ProTrendLines 0.004416 0.007496 0.009901 0.013070
Change (%) - +69.75% +124.21% +195.97%
Change - +0.003080 +0.005485 +0.008654
Level - Minor Minor 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
Standard0.0042760.0043690.0044780.0045710.0046800.0047730.004882
Camarilla0.0045310.0045490.0045680.0045860.0046050.0046230.004642
Woodie0.0042830.0043730.0044850.0045750.0046870.0047770.004889
Fibonacci0.0043690.0044470.0044940.0045710.0046490.0046960.004773


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0032930.0036540.0041200.0044810.0049470.0053080.005774
Camarilla0.0043590.0044340.0045100.0045860.0046620.0047380.004813
Woodie0.0033460.0036800.0041730.0045070.0050000.0053340.005827
Fibonacci0.0036540.0039700.0041650.0044810.0047970.0049920.005308


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0038120.0052860.0062910.0077650.0087700.0102440.011249
Camarilla0.0066150.0068430.0070700.0072970.0075240.0077520.007979
Woodie0.0035790.0051690.0060580.0076480.0085370.0101270.011016
Fibonacci0.0052860.0062330.0068180.0077650.0087120.0092970.010244

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): 30.05
MACD (12,26,9): -0.0007
Directional Movement: -23.366124
AROON (14): -42.857143
DEMA (21): 0.004193
Parabolic SAR (0,02-0,02-0,2): 0.005382
Elder Ray (13): -0.000279
Super Trend (3,10): 0.005790
Zig ZAG (10): 0.004460
VORTEX (21): 0.8480
Stochastique (14,3,5): 24.36
TEMA (21): 0.004185
Williams %R (14): -78.15
Chande Momentum Oscillator (20): -0.001498
Repulse (5,40,3): -4.2481
ROCnROLL: 2
TRIX (15,9): -1.6602
Courbe Coppock: 54.86
MA7: 0.004454
MA20: 0.005272
MA50: 0.006634
MA100: 0.009410
MAexp7: 0.004544
MAexp20: 0.005190
MAexp50: 0.006642
MAexp100: 0.007929
Price / MA7: -0.85%
Price / MA20: -16.24%
Price / MA50: -33.43%
Price / MA100: -53.07%
Price / MAexp7: -2.82%
Price / MAexp20: -14.91%
Price / MAexp50: -33.51%
Price / MAexp100: -44.31%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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