HEDERA - HBAR/USD
HEDERA - HBAR/USD
- USD (-)
- Real time data - CoinMarketCap
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Change: -
Volume: -
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High / Low range: -
Type: Cryptocurrencies
Ticker: HBARUSD
ISIN:

HEDERA - HBAR/USD - 1H - Technical analysis published on 10/09/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 0.058620 USD
My targets
0.060980 USD (+1.13%)
0.067180 USD (+11.41%)
My analysis
The basic bullish trend is very strong on HEDERA HASHGRAPH - HBAR/USD but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.058620 USD. Crossing the first resistance at 0.060980 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.067180 USD as an objective. Crossing it would then enable buyers to target 0.109500 USD. Caution, a return to below 0.058620 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The HEDERA HASHGRAPH - HBAR/USD price is 0.060300 USD. The price is lower by -0.03% since the last closing and was between 0.059500 USD and 0.060500 USD. This implies that the price is at +1.34% from its lowest and at -0.33% from its highest.

0.059500
0.060500
0.060300

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by HEDERA HASHGRAPH - HBAR/USD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of HEDERA HASHGRAPH - HBAR/USD in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.056600 0.058006 0.058620 0.060300 0.060980 0.109500 0.159540
Change (%) -6.14% -3.80% -2.79% - +1.13% +81.59% +164.58%
Change -0.003700 -0.002294 -0.001680 - +0.000680 +0.049200 +0.099240
Level Minor Intermediate Major - Intermediate Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0579770.0586330.0594770.0601330.0609770.0616330.062477
Camarilla0.0599080.0600450.0601830.0603200.0604580.0605950.060733
Woodie0.0580700.0586800.0595700.0601800.0610700.0616800.062570
Fibonacci0.0586330.0592060.0595600.0601330.0607060.0610600.061633


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0522400.0541200.0572200.0591000.0622000.0640800.067180
Camarilla0.0589510.0594070.0598640.0603200.0607770.0612330.061690
Woodie0.0528500.0544250.0578300.0594050.0628100.0643850.067790
Fibonacci0.0541200.0560220.0571980.0591000.0610020.0621780.064080


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0316130.0435870.0504930.0624670.0693730.0813470.088253
Camarilla0.0522080.0539390.0556690.0574000.0591310.0608610.062592
Woodie0.0290800.0423200.0479600.0612000.0668400.0800800.085720
Fibonacci0.0435870.0507990.0552550.0624670.0696790.0741350.081347

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): 53.49
MACD (12,26,9): 0.0001
Directional Movement: 5.949437
AROON (14): -71.428571
DEMA (21): 0.060181
Parabolic SAR (0,02-0,02-0,2): 0.060330
Elder Ray (13): 0.000107
Super Trend (3,10): 0.059294
Zig ZAG (10): 0.060200
VORTEX (21): 0.9788
Stochastique (14,3,5): 64.72
TEMA (21): 0.060086
Williams %R (14): -10.00
Chande Momentum Oscillator (20): 0.000190
Repulse (5,40,3): 0.7839
ROCnROLL: 1
TRIX (15,9): 0.0186
Courbe Coppock: 0.84
MA7: 0.059070
MA20: 0.058735
MA50: 0.061590
MA100: 0.066013
MAexp7: 0.060152
MAexp20: 0.060078
MAexp50: 0.059755
MAexp100: 0.059210
Price / MA7: +2.08%
Price / MA20: +2.66%
Price / MA50: -2.09%
Price / MA100: -8.65%
Price / MAexp7: +0.25%
Price / MAexp20: +0.37%
Price / MAexp50: +0.91%
Price / MAexp100: +1.84%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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