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
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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 0.423700 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.
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:
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:
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
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 0.375633 | 0.379767 | 0.386733 | 0.390867 | 0.397833 | 0.401967 | 0.408933 |
Camarilla | 0.390648 | 0.391665 | 0.392683 | 0.393700 | 0.394718 | 0.395735 | 0.396753 |
Woodie | 0.377050 | 0.380475 | 0.388150 | 0.391575 | 0.399250 | 0.402675 | 0.410350 |
Fibonacci | 0.379767 | 0.384007 | 0.386627 | 0.390867 | 0.395107 | 0.397727 | 0.401967 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.254867 | 0.313133 | 0.349467 | 0.407733 | 0.444067 | 0.502333 | 0.538667 |
Camarilla | 0.359785 | 0.368457 | 0.377128 | 0.385800 | 0.394472 | 0.403143 | 0.411815 |
Woodie | 0.243900 | 0.307650 | 0.338500 | 0.402250 | 0.433100 | 0.496850 | 0.527700 |
Fibonacci | 0.313133 | 0.349271 | 0.371596 | 0.407733 | 0.443871 | 0.466196 | 0.502333 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.185433 | 0.253267 | 0.330333 | 0.398167 | 0.475233 | 0.543067 | 0.620133 |
Camarilla | 0.367553 | 0.380835 | 0.394118 | 0.407400 | 0.420683 | 0.433965 | 0.447248 |
Woodie | 0.190050 | 0.255575 | 0.334950 | 0.400475 | 0.479850 | 0.545375 | 0.624750 |
Fibonacci | 0.253267 | 0.308619 | 0.342815 | 0.398167 | 0.453519 | 0.487715 | 0.543067 |
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 :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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