HEDERA - HBAR/USD - 1H - Technical analysis published on 05/03/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.109415 USD
My targets
0.115558 USD (+3.15%)
0.120667 USD (+7.71%)
My analysis
The bullish trend is currently very strong on HEDERA HASHGRAPH - HBAR/USD. As long as the price remains above the support at 0.109415 USD, you could try to benefit from the boom. The first bullish objective is located at 0.115558 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.120667 USD as an objective. Crossing it would then enable buyers to target 0.124840 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USD price is 0.112027 USD. On the day, this instrument gained +11.65% and was between 0.098960 USD and 0.114764 USD. This implies that the price is at +13.20% from its lowest and at -2.38% from its highest.0.098960
0.114764
0.112027
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed 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.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.101808 | 0.105473 | 0.109415 | 0.112027 | 0.120667 | 0.124840 | 0.133879 |
| Change (%) | -9.12% | -5.85% | -2.33% | - | +7.71% | +11.44% | +19.51% |
| Change | -0.010219 | -0.006554 | -0.002612 | - | +0.008640 | +0.012813 | +0.021852 |
| Level | Minor | Minor | Major | - | Minor | Minor | Major |
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 | 0.089588 | 0.092351 | 0.096343 | 0.099106 | 0.103098 | 0.105861 | 0.109853 |
| Camarilla | 0.098478 | 0.099098 | 0.099717 | 0.100336 | 0.100955 | 0.101574 | 0.102194 |
| Woodie | 0.090204 | 0.092658 | 0.096959 | 0.099413 | 0.103714 | 0.106168 | 0.110469 |
| Fibonacci | 0.092351 | 0.094931 | 0.096525 | 0.099106 | 0.101686 | 0.103280 | 0.105861 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.030828 | 0.027471 | 0.066946 | 0.125245 | 0.164720 | 0.223019 | 0.262494 |
| Camarilla | 0.079533 | 0.088496 | 0.097458 | 0.106421 | 0.115384 | 0.124346 | 0.133309 |
| Woodie | -0.040240 | 0.022765 | 0.057534 | 0.120539 | 0.155308 | 0.218313 | 0.253082 |
| Fibonacci | 0.027471 | 0.064821 | 0.087895 | 0.125245 | 0.162595 | 0.185669 | 0.223019 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.066652 | 0.001335 | 0.047571 | 0.115558 | 0.161794 | 0.229781 | 0.276017 |
| Camarilla | 0.062397 | 0.072867 | 0.083338 | 0.093808 | 0.104278 | 0.114749 | 0.125219 |
| Woodie | -0.077527 | -0.004103 | 0.036697 | 0.110120 | 0.150920 | 0.224343 | 0.265143 |
| Fibonacci | 0.001335 | 0.044968 | 0.071925 | 0.115558 | 0.159191 | 0.186148 | 0.229781 |
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): | 78.26 | |
| MACD (12,26,9): | 0.0031 | |
| Directional Movement: | 34.355000 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.110061 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.103549 | |
| Elder Ray (13): | 0.004741 | |
| Super Trend (3,10): | 0.105305 | |
| Zig ZAG (10): | 0.112605 | |
| VORTEX (21): | 1.2627 | |
| Stochastique (14,3,5): | 86.96 | |
| TEMA (21): | 0.111596 | |
| Williams %R (14): | -19.98 | |
| Chande Momentum Oscillator (20): | 0.006875 | |
| Repulse (5,40,3): | 2.6008 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3276 | |
| Courbe Coppock: | 12.73 |
| MA7: | 0.102643 | |
| MA20: | 0.099118 | |
| MA50: | 0.104414 | |
| MA100: | 0.100906 | |
| MAexp7: | 0.109935 | |
| MAexp20: | 0.106328 | |
| MAexp50: | 0.102737 | |
| MAexp100: | 0.102040 | |
| Price / MA7: | +9.14% | |
| Price / MA20: | +13.02% | |
| Price / MA50: | +7.29% | |
| Price / MA100: | +11.02% | |
| Price / MAexp7: | +1.90% | |
| Price / MAexp20: | +5.36% | |
| Price / MAexp50: | +9.04% | |
| Price / MAexp100: | +9.79% |
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.
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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