HEDERA HASHGRAPH - HBAR/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	HBARUSD
ISIN:

HEDERA HASHGRAPH - HBAR/USD - Daily - Technical analysis published on 08/10/2020 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 0.049740 USD

My targets

0.059180 USD (+13.90%)

0.068790 USD (+32.39%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HEDERA HASHGRAPH - HBAR/USD as long as the price remains well above 0.049740 USD. The buyers” bullish objective is set at 0.059180 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.068790 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.8

Comment on the analysis

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 AKOUSA. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The HEDERA HASHGRAPH - HBAR/USD price is 0.051960 USD. The price registered an increase of +15.29% on the session and was traded between 0.045100 USD and 0.053460 USD over the period. The price is currently at +15.21% from its lowest and -2.81% from its highest.

0.045100

0.053460

0.051960

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is strongly bullish. 92.86% 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.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.030690	0.040190	0.049740	0.051960	0.059180	0.068790
Change (%)	-40.94%	-22.65%	-4.27%	-	+13.90%	+32.39%
Change	-0.021270	-0.011770	-0.002220	-	+0.007220	+0.016830
Level	Minor	Major	Intermediate	-	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.043087	0.043523	0.044297	0.044733	0.045507	0.045943	0.046717
Camarilla	0.044737	0.044848	0.044959	0.045070	0.045181	0.045292	0.045403
Woodie	0.043255	0.043608	0.044465	0.044818	0.045675	0.046028	0.046885
Fibonacci	0.043523	0.043986	0.044271	0.044733	0.045196	0.045481	0.045943

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.035610	0.038920	0.042000	0.045310	0.048390	0.051700	0.054780
Camarilla	0.043323	0.043909	0.044494	0.045080	0.045666	0.046252	0.046837
Woodie	0.035495	0.038863	0.041885	0.045253	0.048275	0.051643	0.054665
Fibonacci	0.038920	0.041361	0.042869	0.045310	0.047751	0.049259	0.051700

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	72.94
MACD (12,26,9):	0.0015
Directional Movement:	31.908245
AROON (14):	100.000000
DEMA (21):	0.045924
Parabolic SAR (0,02-0,02-0,2):	0.042410
Elder Ray (13):	0.004220
Super Trend (3,10):	0.040575
Zig ZAG (10):	0.051990
VORTEX (21):	1.0883
Stochastique (14,3,5):	71.80
TEMA (21):	0.046971
Williams %R (14):	-9.83
Chande Momentum Oscillator (20):	0.008150
Repulse (5,40,3):	19.5800
ROCnROLL:	1
TRIX (15,9):	0.3250
Courbe Coppock:	18.10

MA7:	0.045307
MA20:	0.043864
MA50:	0.041812
MA100:	0.041356
MAexp7:	0.046270
MAexp20:	0.044225
MAexp50:	0.042599
MAexp100:	0.040795
Price / MA7:	+14.68%
Price / MA20:	+18.46%
Price / MA50:	+24.27%
Price / MA100:	+25.64%
Price / MAexp7:	+12.30%
Price / MAexp20:	+17.49%
Price / MAexp50:	+21.97%
Price / MAexp100:	+27.37%

Quotes : 2020-08-10 23:18:53 - Real time data - Cryptocompare

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

About author

Londinia AI

Online

Overall rating :

15108

Number of analyses :

72766

Followers :

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…