HEDERA - HBAR/USD - 1H - Technical analysis published on 07/29/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 0.071887 USD
My targets
0.073300 USD (+1.24%)
0.074240 USD (+2.54%)
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 0.071887 USD. The buyers' bullish objective is set at 0.073300 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.074240 USD. If there is any crossing, the next objective would be the resistance located at 0.075350 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
5.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USD rating 0.072400 USD. The price registered a decrease of -0.06% on the session and was traded between 0.071330 USD and 0.073940 USD over the period. The price is currently at +1.50% from its lowest and -2.08% from its highest.0.071330
0.073940
0.072400
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:
Dark cloud cover
Type : Bearish
Timeframe : 1 hour
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.068790 | 0.070637 | 0.071887 | 0.072400 | 0.073300 | 0.074240 | 0.075350 |
| Change (%) | -4.99% | -2.44% | -0.71% | - | +1.24% | +2.54% | +4.07% |
| Change | -0.003610 | -0.001763 | -0.000513 | - | +0.000900 | +0.001840 | +0.002950 |
| Level | Major | Minor | Minor | - | Minor | Intermediate | 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 | 0.061223 | 0.064567 | 0.068503 | 0.071847 | 0.075783 | 0.079127 | 0.083063 |
| Camarilla | 0.070438 | 0.071105 | 0.071773 | 0.072440 | 0.073107 | 0.073775 | 0.074442 |
| Woodie | 0.061520 | 0.064715 | 0.068800 | 0.071995 | 0.076080 | 0.079275 | 0.083360 |
| Fibonacci | 0.064567 | 0.067348 | 0.069066 | 0.071847 | 0.074628 | 0.076346 | 0.079127 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049880 | 0.057090 | 0.062850 | 0.070060 | 0.075820 | 0.083030 | 0.088790 |
| Camarilla | 0.065043 | 0.066232 | 0.067421 | 0.068610 | 0.069799 | 0.070988 | 0.072177 |
| Woodie | 0.049155 | 0.056728 | 0.062125 | 0.069698 | 0.075095 | 0.082668 | 0.088065 |
| Fibonacci | 0.057090 | 0.062045 | 0.065106 | 0.070060 | 0.075015 | 0.078076 | 0.083030 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.022773 | 0.040447 | 0.051893 | 0.069567 | 0.081013 | 0.098687 | 0.110133 |
| Camarilla | 0.055332 | 0.058001 | 0.060671 | 0.063340 | 0.066009 | 0.068679 | 0.071348 |
| Woodie | 0.019660 | 0.038890 | 0.048780 | 0.068010 | 0.077900 | 0.097130 | 0.107020 |
| Fibonacci | 0.040447 | 0.051571 | 0.058443 | 0.069567 | 0.080691 | 0.087563 | 0.098687 |
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): | 54.66 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | 6.633586 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.073099 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.074762 | |
| Elder Ray (13): | -0.000196 | |
| Super Trend (3,10): | 0.070560 | |
| Zig ZAG (10): | 0.071820 | |
| VORTEX (21): | 1.1529 | |
| Stochastique (14,3,5): | 34.48 | |
| TEMA (21): | 0.072862 | |
| Williams %R (14): | -73.60 | |
| Chande Momentum Oscillator (20): | -0.001070 | |
| Repulse (5,40,3): | -1.2508 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2134 | |
| Courbe Coppock: | 3.17 |
| MA7: | 0.069519 | |
| MA20: | 0.067543 | |
| MA50: | 0.067669 | |
| MA100: | 0.093118 | |
| MAexp7: | 0.072320 | |
| MAexp20: | 0.071940 | |
| MAexp50: | 0.070276 | |
| MAexp100: | 0.069272 | |
| Price / MA7: | +4.14% | |
| Price / MA20: | +7.19% | |
| Price / MA50: | +6.99% | |
| Price / MA100: | -22.25% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.64% | |
| Price / MAexp50: | +3.02% | |
| Price / MAexp100: | +4.52% |
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.
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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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