HEDERA HASHGRAPH - HBAR/USD
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 05/03/2021 (GMT)

  • 187
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Are you looking for opportunities in cryptocurrencies?
Discover Londinia Opportunities...

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.299200 USD
My targets
0.405467 USD (+20.35%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on HEDERA HASHGRAPH - HBAR/USD as long as the price remains well above 0.299200 USD. The buyers” bullish objective is set at 0.405467 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.4

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

Additional analysis

Quotes

HEDERA HASHGRAPH - HBAR/USD rating 0.336900 USD. On the day, this instrument gained +2.40% with the lowest point at 0.325000 USD and the highest point at 0.340200 USD. The deviation from the price is +3.66% for the low point and -0.97% for the high point.

0.325000
0.340200
0.336900

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



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Daily chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.154367 0.244400 0.299200 0.336900 0.409600
Change (%) -54.18% -27.46% -11.19% - +21.58%
Change -0.182533 -0.092500 -0.037700 - +0.072700
Level Intermediate Minor Major - Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2523330.2742670.3016330.3235670.3509330.3728670.400233
Camarilla0.3154430.3199620.3244810.3290000.3335190.3380380.342558
Woodie0.2550500.2756250.3043500.3249250.3536500.3742250.402950
Fibonacci0.2742670.2930990.3047340.3235670.3423990.3540340.372867


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1587670.1959330.2613670.2985330.3639670.4011330.466567
Camarilla0.2985850.3079900.3173950.3268000.3362050.3456100.355015
Woodie0.1729000.2030000.2755000.3056000.3781000.4082000.480700
Fibonacci0.1959330.2351270.2593400.2985330.3377270.3619400.401133


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0079330.0978330.1987670.3045330.4054670.5112330.612167
Camarilla0.2428580.2618050.2807530.2997000.3186480.3375950.356543
Woodie-0.0103500.0966250.1963500.3033250.4030500.5100250.609750
Fibonacci0.0978330.1767930.2255740.3045330.3834930.4322740.511233

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): 55.72
MACD (12,26,9): -0.0011
Directional Movement: 3.032288
AROON (14): -21.428571
DEMA (21): 0.305974
Parabolic SAR (0,02-0,02-0,2): 0.211812
Elder Ray (13): 0.023881
Super Trend (3,10): 0.387160
Zig ZAG (10): 0.339100
VORTEX (21): 0.9899
Stochastique (14,3,5): 89.90
TEMA (21): 0.300041
Williams %R (14): -4.71
Chande Momentum Oscillator (20): 0.047100
Repulse (5,40,3): 14.3029
ROCnROLL: 1
TRIX (15,9): -0.3819
Courbe Coppock: 5.89
MA7: 0.309986
MA20: 0.306650
MA50: 0.326960
MA100: 0.231964
MAexp7: 0.313605
MAexp20: 0.308190
MAexp50: 0.294816
MAexp100: 0.244568
Price / MA7: +8.68%
Price / MA20: +9.86%
Price / MA50: +3.04%
Price / MA100: +45.24%
Price / MAexp7: +7.43%
Price / MAexp20: +9.32%
Price / MAexp50: +14.27%
Price / MAexp100: +37.75%

Quotes : - Real time data - Cryptocompare

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

About author

Online

Overall rating :
13916
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis HEDERA HASHGRAPH - HBAR/USD - Daily