HEDERA - HBAR/USD - 1H - Technical analysis published on 08/30/2022 (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:
Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.065350 USD
My targets
0.067170 USD (+2.08%)
0.068767 USD (+4.51%)
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 0.065350 USD. The next resistance located at 0.067170 USD is the next bullish target 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 0.068767 USD. After this resistance, buyers could then target 0.070260 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
6.8
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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 0.065800 USD. The price registered a decrease of -0.03% on the session and was between 0.064910 USD and 0.066380 USD. This implies that the price is at +1.37% from its lowest and at -0.87% from its highest.0.064910
0.066380
0.065800
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:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of HEDERA HASHGRAPH - HBAR/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced 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, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.061817 | 0.063771 | 0.065350 | 0.065800 | 0.066030 | 0.067170 | 0.068767 |
| Change (%) | -6.05% | -3.08% | -0.68% | - | +0.35% | +2.08% | +4.51% |
| Change | -0.003983 | -0.002029 | -0.000450 | - | +0.000230 | +0.001370 | +0.002967 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.058860 | 0.060360 | 0.063090 | 0.064590 | 0.067320 | 0.068820 | 0.071550 |
| Camarilla | 0.064657 | 0.065045 | 0.065432 | 0.065820 | 0.066208 | 0.066596 | 0.066983 |
| Woodie | 0.059475 | 0.060668 | 0.063705 | 0.064898 | 0.067935 | 0.069128 | 0.072165 |
| Fibonacci | 0.060360 | 0.061976 | 0.062974 | 0.064590 | 0.066206 | 0.067204 | 0.068820 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.050670 | 0.056240 | 0.059530 | 0.065100 | 0.068390 | 0.073960 | 0.077250 |
| Camarilla | 0.060384 | 0.061196 | 0.062008 | 0.062820 | 0.063632 | 0.064444 | 0.065257 |
| Woodie | 0.049530 | 0.055670 | 0.058390 | 0.064530 | 0.067250 | 0.073390 | 0.076110 |
| Fibonacci | 0.056240 | 0.059625 | 0.061716 | 0.065100 | 0.068485 | 0.070576 | 0.073960 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.038390 | 0.048120 | 0.061920 | 0.071650 | 0.085450 | 0.095180 | 0.108980 |
| Camarilla | 0.069249 | 0.071406 | 0.073563 | 0.075720 | 0.077877 | 0.080034 | 0.082191 |
| Woodie | 0.040425 | 0.049138 | 0.063955 | 0.072668 | 0.087485 | 0.096198 | 0.111015 |
| Fibonacci | 0.048120 | 0.057109 | 0.062662 | 0.071650 | 0.080639 | 0.086192 | 0.095180 |
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): | 64.79 | |
| MACD (12,26,9): | 0.0005 | |
| Directional Movement: | 19.271054 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.065830 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.064939 | |
| Elder Ray (13): | 0.000628 | |
| Super Trend (3,10): | 0.064456 | |
| Zig ZAG (10): | 0.066090 | |
| VORTEX (21): | 1.2408 | |
| Stochastique (14,3,5): | 74.96 | |
| TEMA (21): | 0.066037 | |
| Williams %R (14): | -20.41 | |
| Chande Momentum Oscillator (20): | 0.000580 | |
| Repulse (5,40,3): | 0.8341 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1047 | |
| Courbe Coppock: | 3.18 |
| MA7: | 0.065236 | |
| MA20: | 0.070792 | |
| MA50: | 0.070886 | |
| MA100: | 0.073631 | |
| MAexp7: | 0.065709 | |
| MAexp20: | 0.065106 | |
| MAexp50: | 0.064572 | |
| MAexp100: | 0.064750 | |
| Price / MA7: | +0.86% | |
| Price / MA20: | -7.05% | |
| Price / MA50: | -7.17% | |
| Price / MA100: | -10.64% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +1.07% | |
| Price / MAexp50: | +1.90% | |
| Price / MAexp100: | +1.62% |
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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