HEDERA HASHGRAPH - HBAR/USD - 1H - Technical analysis published on 09/21/2020 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 0.030690 USD
My targets
0.029203 USD (-3.71%)
0.025120 USD (-17.18%)
My analysis
HEDERA HASHGRAPH - HBAR/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.030690 USD. The next support located at 0.029203 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.025120 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8
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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 0.030330 USD. The price is lower by -9.49% since the last closing with the lowest point at 0.030320 USD and the highest point at 0.033820 USD. The deviation from the price is +0.03% for the low point and -10.32% for the high point.0.030320
0.033820
0.030330
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
Technical analysis of this 1H chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being 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, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 20
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.025120 | 0.030330 | 0.030690 | 0.034077 | 0.036024 |
| Change (%) | -17.18% | - | +1.19% | +12.35% | +18.77% |
| Change | -0.005210 | - | +0.000360 | +0.003747 | +0.005694 |
| Level | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.029903 | 0.031557 | 0.032533 | 0.034187 | 0.035163 | 0.036817 | 0.037793 |
| Camarilla | 0.032787 | 0.033028 | 0.033269 | 0.033510 | 0.033751 | 0.033992 | 0.034233 |
| Woodie | 0.029565 | 0.031388 | 0.032195 | 0.034018 | 0.034825 | 0.036648 | 0.037455 |
| Fibonacci | 0.031557 | 0.032561 | 0.033182 | 0.034187 | 0.035191 | 0.035812 | 0.036817 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.024757 | 0.029203 | 0.031857 | 0.036303 | 0.038957 | 0.043403 | 0.046057 |
| Camarilla | 0.032558 | 0.033208 | 0.033859 | 0.034510 | 0.035161 | 0.035812 | 0.036463 |
| Woodie | 0.023860 | 0.028755 | 0.030960 | 0.035855 | 0.038060 | 0.042955 | 0.045160 |
| Fibonacci | 0.029203 | 0.031916 | 0.033591 | 0.036303 | 0.039016 | 0.040691 | 0.043403 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018397 | 0.030313 | 0.038007 | 0.049923 | 0.057617 | 0.069533 | 0.077227 |
| Camarilla | 0.040307 | 0.042105 | 0.043902 | 0.045700 | 0.047498 | 0.049295 | 0.051093 |
| Woodie | 0.016285 | 0.029258 | 0.035895 | 0.048868 | 0.055505 | 0.068478 | 0.075115 |
| Fibonacci | 0.030313 | 0.037804 | 0.042432 | 0.049923 | 0.057414 | 0.062042 | 0.069533 |
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): | 16.33 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -54.131600 | |
| AROON (14): | -78.571428 | |
| DEMA (21): | 0.031983 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.033169 | |
| Elder Ray (13): | -0.001374 | |
| Super Trend (3,10): | 0.032000 | |
| Zig ZAG (10): | 0.030780 | |
| VORTEX (21): | 0.5338 | |
| Stochastique (14,3,5): | 1.06 | |
| TEMA (21): | 0.031155 | |
| Williams %R (14): | -98.06 | |
| Chande Momentum Oscillator (20): | -0.003020 | |
| Repulse (5,40,3): | -2.3569 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2035 | |
| Courbe Coppock: | 11.81 |
| MA7: | 0.034684 | |
| MA20: | 0.037152 | |
| MA50: | 0.043903 | |
| MA100: | 0.042658 | |
| MAexp7: | 0.031534 | |
| MAexp20: | 0.032767 | |
| MAexp50: | 0.033539 | |
| MAexp100: | 0.034224 | |
| Price / MA7: | -12.55% | |
| Price / MA20: | -18.36% | |
| Price / MA50: | -30.92% | |
| Price / MA100: | -28.90% | |
| Price / MAexp7: | -3.82% | |
| Price / MAexp20: | -7.44% | |
| Price / MAexp50: | -9.57% | |
| Price / MAexp100: | -11.38% |
Quotes :
2020-09-21 14:49:35
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Real time data
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