HEDERA HASHGRAPH - HBAR/USD
HEDERA HASHGRAPH - HBAR/USD
- USD (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: HBARUSD
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HEDERA HASHGRAPH - HBAR/USD - 1H - Technical analysis published on 08/05/2020 (GMT)

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  • Timeframe : 1H
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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:
15 min. Daily Weekly

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.

Central Gaps

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:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

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:

Central Patterns

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:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
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
Standard0.0424470.0430230.0437270.0443030.0450070.0455830.046287
Camarilla0.0440780.0441950.0443130.0444300.0445470.0446650.044782
Woodie0.0425100.0430550.0437900.0443350.0450700.0456150.046350
Fibonacci0.0430230.0435120.0438140.0443030.0447920.0450940.045583


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0339300.0365100.0412000.0437800.0484700.0510500.055740
Camarilla0.0438910.0445570.0452240.0458900.0465560.0472230.047889
Woodie0.0349850.0370380.0422550.0443080.0495250.0515780.056795
Fibonacci0.0365100.0392870.0410030.0437800.0465570.0482730.051050


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0309400.0340500.0393000.0424100.0476600.0507700.056020
Camarilla0.0422510.0430170.0437840.0445500.0453160.0460830.046849
Woodie0.0320100.0345850.0403700.0429450.0487300.0513050.057090
Fibonacci0.0340500.0372440.0392170.0424100.0456040.0475770.050770

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 - Real time data - Cryptocompare

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

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