HEDERA HASHGRAPH - HBAR/USD - 1H - Technical analysis published on 08/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.207378 USD
My targets
0.214089 USD (+1.51%)
0.230633 USD (+9.36%)
My analysis
HEDERA HASHGRAPH - HBAR/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.207378 USD. The next resistance located at 0.214089 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.230633 USD. After this resistance, buyers could then target 0.299100 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USD rating 0.210900 USD. On the day, this instrument gained +2.78% and was traded between 0.201500 USD and 0.212100 USD over the period. The price is currently at +4.67% from its lowest and -0.57% from its highest.0.201500
0.212100
0.210900
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 bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
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:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.188550 | 0.199530 | 0.207378 | 0.210900 | 0.214089 | 0.299100 | 0.336744 |
| Change (%) | -10.60% | -5.39% | -1.67% | - | +1.51% | +41.82% | +59.67% |
| Change | -0.022350 | -0.011370 | -0.003522 | - | +0.003189 | +0.088200 | +0.125844 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.182167 | 0.192333 | 0.198767 | 0.208933 | 0.215367 | 0.225533 | 0.231967 |
| Camarilla | 0.200635 | 0.202157 | 0.203678 | 0.205200 | 0.206722 | 0.208243 | 0.209765 |
| Woodie | 0.180300 | 0.191400 | 0.196900 | 0.208000 | 0.213500 | 0.224600 | 0.230100 |
| Fibonacci | 0.192333 | 0.198675 | 0.202592 | 0.208933 | 0.215275 | 0.219192 | 0.225533 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.137033 | 0.153967 | 0.183833 | 0.200767 | 0.230633 | 0.247567 | 0.277433 |
| Camarilla | 0.200830 | 0.205120 | 0.209410 | 0.213700 | 0.217990 | 0.222280 | 0.226570 |
| Woodie | 0.143500 | 0.157200 | 0.190300 | 0.204000 | 0.237100 | 0.250800 | 0.283900 |
| Fibonacci | 0.153967 | 0.171844 | 0.182889 | 0.200767 | 0.218644 | 0.229689 | 0.247567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.110700 | 0.132900 | 0.173300 | 0.195500 | 0.235900 | 0.258100 | 0.298500 |
| Camarilla | 0.196485 | 0.202223 | 0.207962 | 0.213700 | 0.219438 | 0.225177 | 0.230915 |
| Woodie | 0.119800 | 0.137450 | 0.182400 | 0.200050 | 0.245000 | 0.262650 | 0.307600 |
| Fibonacci | 0.132900 | 0.156813 | 0.171587 | 0.195500 | 0.219413 | 0.234187 | 0.258100 |
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): | 52.98 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 5.554483 | |
| AROON (14): | 35.714283 | |
| DEMA (21): | 0.198068 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.194744 | |
| Elder Ray (13): | 0.000440 | |
| Super Trend (3,10): | 0.190784 | |
| Zig ZAG (10): | 0.199000 | |
| VORTEX (21): | 0.9525 | |
| Stochastique (14,3,5): | 69.52 | |
| TEMA (21): | 0.197398 | |
| Williams %R (14): | -21.43 | |
| Chande Momentum Oscillator (20): | 0.000800 | |
| Repulse (5,40,3): | 0.4834 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0029 | |
| Courbe Coppock: | 0.53 |
| MA7: | 0.186957 | |
| MA20: | 0.178115 | |
| MA50: | 0.185706 | |
| MA100: | 0.227433 | |
| MAexp7: | 0.197982 | |
| MAexp20: | 0.197853 | |
| MAexp50: | 0.196273 | |
| MAexp100: | 0.191810 | |
| Price / MA7: | +12.81% | |
| Price / MA20: | +18.41% | |
| Price / MA50: | +13.57% | |
| Price / MA100: | -7.27% | |
| Price / MAexp7: | +6.52% | |
| Price / MAexp20: | +6.59% | |
| Price / MAexp50: | +7.45% | |
| Price / MAexp100: | +9.95% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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