HEDERA - HBAR/USD - 1H - Technical analysis published on 04/05/2022 (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 bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.235300 USD
My targets
0.230200 USD (-1.20%)
0.225980 USD (-3.01%)
My analysis
HEDERA HASHGRAPH - HBAR/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.235300 USD. The next support located at 0.230200 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.225980 USD. Below this support, sellers could then target 0.206400 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.5
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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 0.233000 USD. The price is lower by -2.39% since the last closing with the lowest point at 0.232200 USD and the highest point at 0.240300 USD. The deviation from the price is +0.34% for the low point and -3.04% for the high point.0.232200
0.240300
0.233000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USD chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.206400 | 0.225980 | 0.230200 | 0.233000 | 0.235300 | 0.240800 | 0.248470 |
| Change (%) | -11.42% | -3.01% | -1.20% | - | +0.99% | +3.35% | +6.64% |
| Change | -0.026600 | -0.007020 | -0.002800 | - | +0.002300 | +0.007800 | +0.015470 |
| Level | Intermediate | Minor | Minor | - | 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 | 0.210167 | 0.219633 | 0.229167 | 0.238633 | 0.248167 | 0.257633 | 0.267167 |
| Camarilla | 0.233475 | 0.235217 | 0.236958 | 0.238700 | 0.240442 | 0.242183 | 0.243925 |
| Woodie | 0.210200 | 0.219650 | 0.229200 | 0.238650 | 0.248200 | 0.257650 | 0.267200 |
| Fibonacci | 0.219633 | 0.226891 | 0.231375 | 0.238633 | 0.245891 | 0.250375 | 0.257633 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.187033 | 0.206867 | 0.225933 | 0.245767 | 0.264833 | 0.284667 | 0.303733 |
| Camarilla | 0.234303 | 0.237868 | 0.241434 | 0.245000 | 0.248566 | 0.252132 | 0.255698 |
| Woodie | 0.186650 | 0.206675 | 0.225550 | 0.245575 | 0.264450 | 0.284475 | 0.303350 |
| Fibonacci | 0.206867 | 0.221727 | 0.230907 | 0.245767 | 0.260627 | 0.269807 | 0.284667 |
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): | 39.33 | |
| MACD (12,26,9): | -0.0013 | |
| Directional Movement: | -19.661811 | |
| AROON (14): | -14.285714 | |
| DEMA (21): | 0.235541 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.239992 | |
| Elder Ray (13): | -0.002844 | |
| Super Trend (3,10): | 0.240459 | |
| Zig ZAG (10): | 0.234000 | |
| VORTEX (21): | 1.0625 | |
| Stochastique (14,3,5): | 6.48 | |
| TEMA (21): | 0.235447 | |
| Williams %R (14): | -90.91 | |
| Chande Momentum Oscillator (20): | -0.005600 | |
| Repulse (5,40,3): | -1.6528 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0684 | |
| Courbe Coppock: | 1.65 |
| MA7: | 0.243057 | |
| MA20: | 0.229155 | |
| MA50: | 0.222444 | |
| MA100: | 0.240458 | |
| MAexp7: | 0.235602 | |
| MAexp20: | 0.237315 | |
| MAexp50: | 0.239827 | |
| MAexp100: | 0.241870 | |
| Price / MA7: | -4.14% | |
| Price / MA20: | +1.68% | |
| Price / MA50: | +4.75% | |
| Price / MA100: | -3.10% | |
| Price / MAexp7: | -1.10% | |
| Price / MAexp20: | -1.82% | |
| Price / MAexp50: | -2.85% | |
| Price / MAexp100: | -3.67% |
Quotes :
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Real time data
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