HEDERA - HBAR/USD - Daily - Technical analysis published on 04/02/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.232000 USD
My targets
0.261100 USD (+5.84%)
0.303500 USD (+23.02%)
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 0.232000 USD. The buyers' bullish objective is set at 0.261100 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.303500 USD. If there is any crossing, the next objective would be the resistance located at 0.336800 USD.
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
0
10
6.1
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Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USD rating is 0.246700 USD. The price has increased by +0.04% since the last closing and was traded between 0.244900 USD and 0.249900 USD over the period. The price is currently at +0.73% from its lowest and -1.28% from its highest.0.244900
0.249900
0.246700
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Daily
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.068790 | 0.158200 | 0.206400 | 0.246700 | 0.261100 | 0.336800 | 0.408300 |
Change (%) | -72.12% | -35.87% | -16.34% | - | +5.84% | +36.52% | +65.50% |
Change | -0.177910 | -0.088500 | -0.040300 | - | +0.014400 | +0.090100 | +0.161600 |
Level | Minor | Major | Major | - | Major | Intermediate | Major |
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 | 0.216333 | 0.223267 | 0.234933 | 0.241867 | 0.253533 | 0.260467 | 0.272133 |
Camarilla | 0.241485 | 0.243190 | 0.244895 | 0.246600 | 0.248305 | 0.250010 | 0.251715 |
Woodie | 0.218700 | 0.224450 | 0.237300 | 0.243050 | 0.255900 | 0.261650 | 0.274500 |
Fibonacci | 0.223267 | 0.230372 | 0.234762 | 0.241867 | 0.248972 | 0.253362 | 0.260467 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.186467 | 0.195933 | 0.211467 | 0.220933 | 0.236467 | 0.245933 | 0.261467 |
Camarilla | 0.220125 | 0.222417 | 0.224708 | 0.227000 | 0.229292 | 0.231583 | 0.233875 |
Woodie | 0.189500 | 0.197450 | 0.214500 | 0.222450 | 0.239500 | 0.247450 | 0.264500 |
Fibonacci | 0.195933 | 0.205483 | 0.211383 | 0.220933 | 0.230483 | 0.236383 | 0.245933 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.126900 | 0.160500 | 0.198400 | 0.232000 | 0.269900 | 0.303500 | 0.341400 |
Camarilla | 0.216638 | 0.223192 | 0.229746 | 0.236300 | 0.242854 | 0.249408 | 0.255963 |
Woodie | 0.129050 | 0.161575 | 0.200550 | 0.233075 | 0.272050 | 0.304575 | 0.343550 |
Fibonacci | 0.160500 | 0.187813 | 0.204687 | 0.232000 | 0.259313 | 0.276187 | 0.303500 |
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): | 62.11 | |
MACD (12,26,9): | 0.0086 | |
Directional Movement: | 8.586666 | |
AROON (14): | 57.142857 | |
DEMA (21): | 0.239392 | |
Parabolic SAR (0,02-0,02-0,2): | 0.225599 | |
Elder Ray (13): | 0.011823 | |
Super Trend (3,10): | 0.211451 | |
Zig ZAG (10): | 0.249000 | |
VORTEX (21): | 1.1553 | |
Stochastique (14,3,5): | 65.55 | |
TEMA (21): | 0.249563 | |
Williams %R (14): | -27.41 | |
Chande Momentum Oscillator (20): | 0.037500 | |
Repulse (5,40,3): | 2.7728 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.3236 | |
Courbe Coppock: | 34.92 |
MA7: | 0.245500 | |
MA20: | 0.223750 | |
MA50: | 0.222104 | |
MA100: | 0.242731 | |
MAexp7: | 0.242649 | |
MAexp20: | 0.230396 | |
MAexp50: | 0.228754 | |
MAexp100: | 0.243817 | |
Price / MA7: | +0.49% | |
Price / MA20: | +10.26% | |
Price / MA50: | +11.07% | |
Price / MA100: | +1.64% | |
Price / MAexp7: | +1.67% | |
Price / MAexp20: | +7.08% | |
Price / MAexp50: | +7.85% | |
Price / MAexp100: | +1.18% |
Quotes :
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Real time data
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