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 05/16/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.300020 USD

My targets

0.405467 USD (+23.50%)

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 0.300020 USD. The buyers' bullish objective is set at 0.405467 USD. A bullish break in this resistance would boost the bullish momentum. 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

6.8

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

Additional analysis

Quotes

The HEDERA HASHGRAPH - HBAR/USD price is 0.328300 USD. On the day, this instrument gained +5.19% and was traded between 0.300300 USD and 0.362300 USD over the period. The price is currently at +9.32% from its lowest and -9.38% from its highest.

0.300300

0.362300

0.328300

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

Abnormal volumes on HEDERA HASHGRAPH - HBAR/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Daily chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.153580	0.244400	0.300020	0.328300	0.409600
Change (%)	-53.22%	-25.56%	-8.61%	-	+24.76%
Change	-0.174720	-0.083900	-0.028280	-	+0.081300
Level	Minor	Major	Major	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.256900	0.276300	0.294200	0.313600	0.331500	0.350900	0.368800
Camarilla	0.301843	0.305262	0.308681	0.312100	0.315519	0.318938	0.322358
Woodie	0.256150	0.275925	0.293450	0.313225	0.330750	0.350525	0.368050
Fibonacci	0.276300	0.290549	0.299351	0.313600	0.327849	0.336651	0.350900

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.051533	0.142367	0.227233	0.318067	0.402933	0.493767	0.578633
Camarilla	0.263783	0.279888	0.295994	0.312100	0.328206	0.344312	0.360418
Woodie	0.048550	0.140875	0.224250	0.316575	0.399950	0.492275	0.575650
Fibonacci	0.142367	0.209484	0.250949	0.318067	0.385184	0.426649	0.493767

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.007933	0.097833	0.198767	0.304533	0.405467	0.511233	0.612167
Camarilla	0.242858	0.261805	0.280753	0.299700	0.318648	0.337595	0.356543
Woodie	-0.010350	0.096625	0.196350	0.303325	0.403050	0.510025	0.609750
Fibonacci	0.097833	0.176793	0.225574	0.304533	0.383493	0.432274	0.511233

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):	52.57
MACD (12,26,9):	0.0009
Directional Movement:	8.510490
AROON (14):	0
DEMA (21):	0.302257
Parabolic SAR (0,02-0,02-0,2):	0.236714
Elder Ray (13):	0.027558
Super Trend (3,10):	0.374826
Zig ZAG (10):	0.318000
VORTEX (21):	1.0663
Stochastique (14,3,5):	50.86
TEMA (21):	0.304715
Williams %R (14):	-50.54
Chande Momentum Oscillator (20):	0.040700
Repulse (5,40,3):	-7.1989
ROCnROLL:	1
TRIX (15,9):	-0.2019
Courbe Coppock:	1.24

MA7:	0.298843
MA20:	0.301820
MA50:	0.316954
MA100:	0.259010
MAexp7:	0.308397
MAexp20:	0.303138
MAexp50:	0.296478
MAexp100:	0.256815
Price / MA7:	+9.86%
Price / MA20:	+8.77%
Price / MA50:	+3.58%
Price / MA100:	+26.75%
Price / MAexp7:	+6.45%
Price / MAexp20:	+8.30%
Price / MAexp50:	+10.73%
Price / MAexp100:	+27.84%

Quotes : - Real time data - Cryptocompare

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

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