HEDERA HASHGRAPH - HBAR/USD
HEDERA HASHGRAPH - HBAR/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
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Type: Cryptocurrencies
Ticker: HBARUSD
ISIN:

HEDERA HASHGRAPH - HBAR/USD - Daily - Technical analysis published on 11/08/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.408878 USD
My targets
0.475233 USD (+12.16%)
0.504800 USD (+19.14%)
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 0.408878 USD. The next resistance located at 0.475233 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 0.504800 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1

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:
15 min. 1H Weekly

Additional analysis

Quotes

The HEDERA HASHGRAPH - HBAR/USD price is 0.423700 USD. The price has increased by +7.62% since the last closing with the lowest point at 0.390200 USD and the highest point at 0.429800 USD. The deviation from the price is +8.59% for the low point and -1.42% for the high point.

0.390200
0.429800
0.423700

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

Central Gaps

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 Daily chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

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



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.262117 0.336800 0.408878 0.423700 0.504800
Change (%) -38.14% -20.51% -3.50% - +19.14%
Change -0.161583 -0.086900 -0.014822 - +0.081100
Level Minor Intermediate Major - Intermediate



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
Standard0.3756330.3797670.3867330.3908670.3978330.4019670.408933
Camarilla0.3906480.3916650.3926830.3937000.3947180.3957350.396753
Woodie0.3770500.3804750.3881500.3915750.3992500.4026750.410350
Fibonacci0.3797670.3840070.3866270.3908670.3951070.3977270.401967


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2548670.3131330.3494670.4077330.4440670.5023330.538667
Camarilla0.3597850.3684570.3771280.3858000.3944720.4031430.411815
Woodie0.2439000.3076500.3385000.4022500.4331000.4968500.527700
Fibonacci0.3131330.3492710.3715960.4077330.4438710.4661960.502333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1854330.2532670.3303330.3981670.4752330.5430670.620133
Camarilla0.3675530.3808350.3941180.4074000.4206830.4339650.447248
Woodie0.1900500.2555750.3349500.4004750.4798500.5453750.624750
Fibonacci0.2532670.3086190.3428150.3981670.4535190.4877150.543067

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 52.57
MACD (12,26,9): 0.0066
Directional Movement: 7.687035
AROON (14): 28.571428
DEMA (21): 0.395467
Parabolic SAR (0,02-0,02-0,2): 0.464108
Elder Ray (13): -0.000740
Super Trend (3,10): 0.452880
Zig ZAG (10): 0.390700
VORTEX (21): 1.0621
Stochastique (14,3,5): 39.02
TEMA (21): 0.394523
Williams %R (14): -59.92
Chande Momentum Oscillator (20): -0.000500
Repulse (5,40,3): 0.5103
ROCnROLL: 1
TRIX (15,9): 0.2738
Courbe Coppock: 9.80
MA7: 0.392786
MA20: 0.387235
MA50: 0.370470
MA100: 0.325445
MAexp7: 0.391309
MAexp20: 0.386335
MAexp50: 0.368416
MAexp100: 0.335147
Price / MA7: +7.87%
Price / MA20: +9.42%
Price / MA50: +14.37%
Price / MA100: +30.19%
Price / MAexp7: +8.28%
Price / MAexp20: +9.67%
Price / MAexp50: +15.01%
Price / MAexp100: +26.42%

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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