HEDERA - HBAR/USD

- USD (-)

- Real time data - CoinMarketCap

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Change:	-
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Type:	Cryptocurrencies
Ticker:	HBARUSD
ISIN:

HEDERA - HBAR/USD - Daily - Technical analysis published on 02/11/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 0.073590 USD

My targets

0.099203 USD (+19.90%)

0.122037 USD (+47.49%)

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 0.073590 USD. The buyers' bullish objective is set at 0.099203 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.122037 USD. If there is any crossing, the next objective would be the resistance located at 0.158200 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

Comment on the analysis

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:

Additional analysis

Quotes

HEDERA HASHGRAPH - HBAR/USD rating 0.082740 USD. The price registered an increase of +8.78% on the session and was traded between 0.075830 USD and 0.085050 USD over the period. The price is currently at +9.11% from its lowest and -2.72% from its highest.

0.075830

0.085050

0.082740

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

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:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of HEDERA HASHGRAPH - HBAR/USD in Daily shows a strongly overall 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.058472	0.065587	0.073590	0.082740	0.082970	0.158200	0.258050
Change (%)	-29.33%	-20.73%	-11.06%	-	+0.28%	+91.20%	+211.88%
Change	-0.024268	-0.017153	-0.009150	-	+0.000230	+0.075460	+0.175310
Level	Intermediate	Intermediate	Intermediate	-	Minor	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	0.065217	0.068333	0.072197	0.075313	0.079177	0.082293	0.086157
Camarilla	0.074141	0.074780	0.075420	0.076060	0.076700	0.077340	0.077980
Woodie	0.065590	0.068520	0.072570	0.075500	0.079550	0.082480	0.086530
Fibonacci	0.068333	0.071000	0.072647	0.075313	0.077980	0.079627	0.082293

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.049130	0.055740	0.064520	0.071130	0.079910	0.086520	0.095300
Camarilla	0.069068	0.070479	0.071889	0.073300	0.074711	0.076122	0.077532
Woodie	0.050215	0.056283	0.065605	0.071673	0.080995	0.087063	0.096385
Fibonacci	0.055740	0.061619	0.065251	0.071130	0.077009	0.080641	0.086520

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001557	0.018883	0.041717	0.059043	0.081877	0.099203	0.122037
Camarilla	0.053506	0.057187	0.060869	0.064550	0.068231	0.071913	0.075594
Woodie	0.004310	0.020260	0.044470	0.060420	0.084630	0.100580	0.124790
Fibonacci	0.018883	0.034225	0.043702	0.059043	0.074385	0.083862	0.099203

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):	68.27
MACD (12,26,9):	0.0054
Directional Movement:	22.341239
AROON (14):	71.428571
DEMA (21):	0.077001
Parabolic SAR (0,02-0,02-0,2):	0.068040
Elder Ray (13):	0.007915
Super Trend (3,10):	0.060907
Zig ZAG (10):	0.082840
VORTEX (21):	1.0469
Stochastique (14,3,5):	75.12
TEMA (21):	0.077958
Williams %R (14):	-11.28
Chande Momentum Oscillator (20):	0.018420
Repulse (5,40,3):	10.2788
ROCnROLL:	1
TRIX (15,9):	1.2785
Courbe Coppock:	23.12

MA7:	0.073999
MA20:	0.070005
MA50:	0.056287
MA100:	0.052260
MAexp7:	0.075264
MAexp20:	0.069737
MAexp50:	0.061352
MAexp100:	0.057550
Price / MA7:	+11.81%
Price / MA20:	+18.19%
Price / MA50:	+47.00%
Price / MA100:	+58.32%
Price / MAexp7:	+9.93%
Price / MAexp20:	+18.65%
Price / MAexp50:	+34.86%
Price / MAexp100:	+43.77%

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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