HEDERA - HBAR/USD - 1H - Technical analysis published on 09/05/2022 (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 bullish
Underlying:
Slightly bearish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.061047 USD
My targets
0.062830 USD (+2.18%)
0.065376 USD (+6.32%)
My analysis
The strong short-term increase in HEDERA HASHGRAPH - HBAR/USD calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 0.061047 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 0.062830 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.065376 USD as an objective. Crossing it would then enable buyers to target 0.067080 USD. Caution, a return under 0.061047 USD could jeopardize the reversal.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.9
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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 0.061490 USD. The price is lower by -0.02% since the last closing and was traded between 0.060270 USD and 0.062880 USD over the period. The price is currently at +2.02% from its lowest and -2.21% from its highest.0.060270
0.062880
0.061490
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 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USD chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could quickly be reversed due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. 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 scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.029094 | 0.061047 | 0.061490 | 0.061829 | 0.065376 | 0.067080 |
| Change (%) | -52.68% | -0.72% | - | +0.55% | +6.32% | +9.09% |
| Change | -0.032396 | -0.000443 | - | +0.000339 | +0.003886 | +0.005590 |
| Level | Intermediate | Intermediate | - | Major | 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 | 0.059413 | 0.059907 | 0.060703 | 0.061197 | 0.061993 | 0.062487 | 0.063283 |
| Camarilla | 0.061145 | 0.061264 | 0.061382 | 0.061500 | 0.061618 | 0.061737 | 0.061855 |
| Woodie | 0.059565 | 0.059983 | 0.060855 | 0.061273 | 0.062145 | 0.062563 | 0.063435 |
| Fibonacci | 0.059907 | 0.060399 | 0.060704 | 0.061197 | 0.061689 | 0.061994 | 0.062487 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.052010 | 0.056260 | 0.058580 | 0.062830 | 0.065150 | 0.069400 | 0.071720 |
| Camarilla | 0.059093 | 0.059696 | 0.060298 | 0.060900 | 0.061502 | 0.062105 | 0.062707 |
| Woodie | 0.051045 | 0.055778 | 0.057615 | 0.062348 | 0.064185 | 0.068918 | 0.070755 |
| Fibonacci | 0.056260 | 0.058770 | 0.060320 | 0.062830 | 0.065340 | 0.066890 | 0.069400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032857 | 0.047333 | 0.055207 | 0.069683 | 0.077557 | 0.092033 | 0.099907 |
| Camarilla | 0.056934 | 0.058983 | 0.061031 | 0.063080 | 0.065129 | 0.067178 | 0.069226 |
| Woodie | 0.029555 | 0.045683 | 0.051905 | 0.068033 | 0.074255 | 0.090383 | 0.096605 |
| Fibonacci | 0.047333 | 0.055871 | 0.061146 | 0.069683 | 0.078221 | 0.083496 | 0.092033 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.52 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 0.605786 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.061295 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.061978 | |
| Elder Ray (13): | 0.000042 | |
| Super Trend (3,10): | 0.062496 | |
| Zig ZAG (10): | 0.061300 | |
| VORTEX (21): | 0.9756 | |
| Stochastique (14,3,5): | 36.91 | |
| TEMA (21): | 0.061249 | |
| Williams %R (14): | -60.54 | |
| Chande Momentum Oscillator (20): | -0.000510 | |
| Repulse (5,40,3): | 0.5146 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0082 | |
| Courbe Coppock: | 1.20 |
| MA7: | 0.062264 | |
| MA20: | 0.065344 | |
| MA50: | 0.070623 | |
| MA100: | 0.071710 | |
| MAexp7: | 0.061240 | |
| MAexp20: | 0.061334 | |
| MAexp50: | 0.061447 | |
| MAexp100: | 0.061885 | |
| Price / MA7: | -1.24% | |
| Price / MA20: | -5.90% | |
| Price / MA50: | -12.93% | |
| Price / MA100: | -14.25% | |
| Price / MAexp7: | +0.41% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.07% | |
| Price / MAexp100: | -0.64% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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