HEDERA - HBAR/USD - Daily - Technical analysis published on 02/22/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.225700 USD
My targets
0.159067 USD (-26.49%)
0.095933 USD (-55.67%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HEDERA HASHGRAPH - HBAR/USD as long as the price remains well below 0.225700 USD. The sellers' bearish objective is set at 0.159067 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.095933 USD. In case of crossing, the next objective would be the support located at 0.068790 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USD rating 0.216400 USD. On the day, this instrument gained +7.77% with the lowest point at 0.195000 USD and the highest point at 0.222000 USD. The deviation from the price is +10.97% for the low point and -2.52% for the high point.0.195000
0.222000
0.216400
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this HEDERA HASHGRAPH - HBAR/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish 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 decline is moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.029006 | 0.068790 | 0.158200 | 0.216400 | 0.225700 | 0.261055 | 0.336800 |
Change (%) | -86.60% | -68.21% | -26.89% | - | +4.30% | +20.64% | +55.64% |
Change | -0.187394 | -0.147610 | -0.058200 | - | +0.009300 | +0.044655 | +0.120400 |
Level | Minor | Minor | Major | - | 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 | 0.161100 | 0.178800 | 0.189800 | 0.207500 | 0.218500 | 0.236200 | 0.247200 |
Camarilla | 0.192908 | 0.195538 | 0.198169 | 0.200800 | 0.203431 | 0.206062 | 0.208693 |
Woodie | 0.157750 | 0.177125 | 0.186450 | 0.205825 | 0.215150 | 0.234525 | 0.243850 |
Fibonacci | 0.178800 | 0.189763 | 0.196537 | 0.207500 | 0.218463 | 0.225237 | 0.236200 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.168167 | 0.194833 | 0.213667 | 0.240333 | 0.259167 | 0.285833 | 0.304667 |
Camarilla | 0.219988 | 0.224158 | 0.228329 | 0.232500 | 0.236671 | 0.240842 | 0.245013 |
Woodie | 0.164250 | 0.192875 | 0.209750 | 0.238375 | 0.255250 | 0.283875 | 0.300750 |
Fibonacci | 0.194833 | 0.212214 | 0.222952 | 0.240333 | 0.257714 | 0.268452 | 0.285833 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.005767 | 0.095933 | 0.159067 | 0.249233 | 0.312367 | 0.402533 | 0.465667 |
Camarilla | 0.180043 | 0.194095 | 0.208148 | 0.222200 | 0.236253 | 0.250305 | 0.264358 |
Woodie | -0.007750 | 0.089175 | 0.145550 | 0.242475 | 0.298850 | 0.395775 | 0.452150 |
Fibonacci | 0.095933 | 0.154494 | 0.190673 | 0.249233 | 0.307794 | 0.343973 | 0.402533 |
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): | 43.16 | |
MACD (12,26,9): | -0.0076 | |
Directional Movement: | -12.731378 | |
AROON (14): | -42.857143 | |
DEMA (21): | 0.224511 | |
Parabolic SAR (0,02-0,02-0,2): | 0.259974 | |
Elder Ray (13): | -0.021252 | |
Super Trend (3,10): | 0.270443 | |
Zig ZAG (10): | 0.218800 | |
VORTEX (21): | 0.9362 | |
Stochastique (14,3,5): | 13.89 | |
TEMA (21): | 0.224174 | |
Williams %R (14): | -65.42 | |
Chande Momentum Oscillator (20): | -0.026000 | |
Repulse (5,40,3): | -1.4585 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.2307 | |
Courbe Coppock: | 17.79 |
MA7: | 0.227143 | |
MA20: | 0.240185 | |
MA50: | 0.247588 | |
MA100: | 0.281110 | |
MAexp7: | 0.223142 | |
MAexp20: | 0.233701 | |
MAexp50: | 0.249641 | |
MAexp100: | 0.270735 | |
Price / MA7: | -4.73% | |
Price / MA20: | -9.90% | |
Price / MA50: | -12.60% | |
Price / MA100: | -23.02% | |
Price / MAexp7: | -3.02% | |
Price / MAexp20: | -7.40% | |
Price / MAexp50: | -13.32% | |
Price / MAexp100: | -20.07% |
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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