HEDERA HASHGRAPH - HBAR/USD - 1H - Technical analysis published on 08/05/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 0.043488 USD
My targets
0.042353 USD (-1.55%)
0.040190 USD (-6.58%)
My analysis
The bearish basic trend is very strong on HEDERA HASHGRAPH - HBAR/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.043488 USD. Crossing the first support at 0.042353 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.040190 USD as an objective. Crossing it would then enable sellers to target 0.039090 USD. Caution, a return to above the resistance located at 0.043488 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.9
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USD rating 0.043020 USD. The price registered a decrease of -0.28% on the session with the lowest point at 0.042740 USD and the highest point at 0.043480 USD. The deviation from the price is +0.66% for the low point and -1.06% for the high point.0.042740
0.043480
0.043020
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USD chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.039090 | 0.040190 | 0.042353 | 0.043020 | 0.043488 | 0.045307 | 0.046354 |
Change (%) | -9.14% | -6.58% | -1.55% | - | +1.09% | +5.32% | +7.75% |
Change | -0.003930 | -0.002830 | -0.000667 | - | +0.000468 | +0.002287 | +0.003334 |
Level | Intermediate | Major | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.042447 | 0.043023 | 0.043727 | 0.044303 | 0.045007 | 0.045583 | 0.046287 |
Camarilla | 0.044078 | 0.044195 | 0.044313 | 0.044430 | 0.044547 | 0.044665 | 0.044782 |
Woodie | 0.042510 | 0.043055 | 0.043790 | 0.044335 | 0.045070 | 0.045615 | 0.046350 |
Fibonacci | 0.043023 | 0.043512 | 0.043814 | 0.044303 | 0.044792 | 0.045094 | 0.045583 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.033930 | 0.036510 | 0.041200 | 0.043780 | 0.048470 | 0.051050 | 0.055740 |
Camarilla | 0.043891 | 0.044557 | 0.045224 | 0.045890 | 0.046556 | 0.047223 | 0.047889 |
Woodie | 0.034985 | 0.037038 | 0.042255 | 0.044308 | 0.049525 | 0.051578 | 0.056795 |
Fibonacci | 0.036510 | 0.039287 | 0.041003 | 0.043780 | 0.046557 | 0.048273 | 0.051050 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.030940 | 0.034050 | 0.039300 | 0.042410 | 0.047660 | 0.050770 | 0.056020 |
Camarilla | 0.042251 | 0.043017 | 0.043784 | 0.044550 | 0.045316 | 0.046083 | 0.046849 |
Woodie | 0.032010 | 0.034585 | 0.040370 | 0.042945 | 0.048730 | 0.051305 | 0.057090 |
Fibonacci | 0.034050 | 0.037244 | 0.039217 | 0.042410 | 0.045604 | 0.047577 | 0.050770 |
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): | 50.95 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 2.529577 | |
AROON (14): | -21.428571 | |
DEMA (21): | 0.043062 | |
Parabolic SAR (0,02-0,02-0,2): | 0.043560 | |
Elder Ray (13): | 0.000088 | |
Super Trend (3,10): | 0.042061 | |
Zig ZAG (10): | 0.043250 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 71.15 | |
TEMA (21): | 0.043224 | |
Williams %R (14): | -33.17 | |
Chande Momentum Oscillator (20): | 0.000350 | |
Repulse (5,40,3): | 1.0873 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0396 | |
Courbe Coppock: | 0.98 |
MA7: | 0.044059 | |
MA20: | 0.042192 | |
MA50: | 0.041510 | |
MA100: | 0.040761 | |
MAexp7: | 0.043196 | |
MAexp20: | 0.043148 | |
MAexp50: | 0.043384 | |
MAexp100: | 0.043531 | |
Price / MA7: | -2.36% | |
Price / MA20: | +1.96% | |
Price / MA50: | +3.64% | |
Price / MA100: | +5.54% | |
Price / MAexp7: | -0.41% | |
Price / MAexp20: | -0.30% | |
Price / MAexp50: | -0.84% | |
Price / MAexp100: | -1.17% |
Quotes :
2020-08-05 16:15:04
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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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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