HEDERA - HBAR/USD - Daily - Technical analysis published on 10/18/2022 (GMT)
- 270
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bearish
Technical indicators
44%
6%
50%
My opinion
Neutral between 0.058620 USD and 0.069373 USD
My targets
-
My analysis
The current short-term bullish thrust is in contrast to the bearish trend. HEDERA HASHGRAPH - HBAR/USD is apparently trying to reverse the trend. The return to a neutral and then bullish trend should not be long in coming if the current rebound continues. What is currently happening on HEDERA HASHGRAPH - HBAR/USD essentials for the price to rebound like this? In such a situation, it would be possible to stay away from HEDERA HASHGRAPH - HBAR/USD or not try to counterbalance this current rebound in the short term. If there is a purchase, the buyers could use the resistance located at 0.069373 USD as an objective. Buyers would then use the next resistance located at 0.073742 USD as an objective. Crossing it would then enable buyers to target 0.109500 USD. Attention should be paid to the price reaction at the start of the resistance as trend traders may consider resuming sales if the basic trend has not been able to ease or if the short term has itself become excessive.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USD rating 0.062480 USD. The price registered a decrease of -0.03% on the session with the lowest point at 0.061020 USD and the highest point at 0.064410 USD. The deviation from the price is +2.39% for the low point and -3.00% for the high point.0.061020
0.064410
0.062480
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
Technical analysis of HEDERA HASHGRAPH - HBAR/USD in Daily shows an overall bearish trend. The signals given by the moving averages are at 64.29% bearish. This bearish trend could quickly slow down given the strong bullish 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, only 8 technical indicators out of 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.058620 | 0.062480 | 0.073742 | 0.109500 | 0.159540 |
| Change (%) | -6.18% | - | +18.02% | +75.26% | +155.35% |
| Change | -0.003860 | - | +0.011262 | +0.047020 | +0.097060 |
| Level | Major | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.058373 | 0.059287 | 0.060893 | 0.061807 | 0.063413 | 0.064327 | 0.065933 |
| Camarilla | 0.061807 | 0.062038 | 0.062269 | 0.062500 | 0.062731 | 0.062962 | 0.063193 |
| Woodie | 0.058720 | 0.059460 | 0.061240 | 0.061980 | 0.063760 | 0.064500 | 0.066280 |
| Fibonacci | 0.059287 | 0.060249 | 0.060844 | 0.061807 | 0.062769 | 0.063364 | 0.064327 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046223 | 0.051717 | 0.056063 | 0.061557 | 0.065903 | 0.071397 | 0.075743 |
| Camarilla | 0.057704 | 0.058606 | 0.059508 | 0.060410 | 0.061312 | 0.062214 | 0.063116 |
| Woodie | 0.045650 | 0.051430 | 0.055490 | 0.061270 | 0.065330 | 0.071110 | 0.075170 |
| Fibonacci | 0.051717 | 0.055476 | 0.057798 | 0.061557 | 0.065316 | 0.067638 | 0.071397 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.031613 | 0.043587 | 0.050493 | 0.062467 | 0.069373 | 0.081347 | 0.088253 |
| Camarilla | 0.052208 | 0.053939 | 0.055669 | 0.057400 | 0.059131 | 0.060861 | 0.062592 |
| Woodie | 0.029080 | 0.042320 | 0.047960 | 0.061200 | 0.066840 | 0.080080 | 0.085720 |
| Fibonacci | 0.043587 | 0.050799 | 0.055255 | 0.062467 | 0.069679 | 0.074135 | 0.081347 |
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): | 52.24 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 10.164282 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.061242 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.059790 | |
| Elder Ray (13): | 0.001423 | |
| Super Trend (3,10): | 0.054857 | |
| Zig ZAG (10): | 0.062070 | |
| VORTEX (21): | 1.0541 | |
| Stochastique (14,3,5): | 52.05 | |
| TEMA (21): | 0.062578 | |
| Williams %R (14): | -49.19 | |
| Chande Momentum Oscillator (20): | 0.003810 | |
| Repulse (5,40,3): | -0.1826 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0196 | |
| Courbe Coppock: | 14.05 |
| MA7: | 0.062686 | |
| MA20: | 0.060008 | |
| MA50: | 0.060871 | |
| MA100: | 0.065825 | |
| MAexp7: | 0.061875 | |
| MAexp20: | 0.060931 | |
| MAexp50: | 0.062191 | |
| MAexp100: | 0.070684 | |
| Price / MA7: | -0.33% | |
| Price / MA20: | +4.12% | |
| Price / MA50: | +2.64% | |
| Price / MA100: | -5.08% | |
| Price / MAexp7: | +0.98% | |
| Price / MAexp20: | +2.54% | |
| Price / MAexp50: | +0.46% | |
| Price / MAexp100: | -11.61% |
Quotes :
-
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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