HEDERA - HBAR/USDT - Daily - Technical analysis published on 07/16/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 0.073290 USDT
My targets
0.061834 USDT (-4.06%)
0.048360 USDT (-24.97%)
My analysis
The bearish basic trend is very strong on HEDERA HASHGRAPH - HBAR/USDT but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.073290 USDT. Crossing the first support at 0.061834 USDT would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.048360 USDT as an objective. Crossing it would then enable sellers to target 0.029284 USDT. Caution, a return to above the resistance located at 0.073290 USDT would be a sign of a possible consolidation phase of 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 are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.4
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HEDERA HASHGRAPH - HBAR/USDT price is 0.064450 USDT. The price registered a decrease of -1.03% on the session and was between 0.063640 USDT and 0.065280 USDT. This implies that the price is at +1.27% from its lowest and at -1.27% from its highest.0.063640
0.065280
0.064450
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by HEDERA HASHGRAPH - HBAR/USDT:
Technical
Technical analysis of HEDERA HASHGRAPH - HBAR/USDT in Daily shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals 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, 10 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.029284 | 0.061834 | 0.064450 | 0.087038 | 0.158000 | 0.199423 |
| Change (%) | -54.56% | -4.06% | - | +35.05% | +145.15% | +209.42% |
| Change | -0.035166 | -0.002616 | - | +0.022588 | +0.093550 | +0.134973 |
| Level | Intermediate | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.059833 | 0.061447 | 0.063283 | 0.064897 | 0.066733 | 0.068347 | 0.070183 |
| Camarilla | 0.064171 | 0.064488 | 0.064804 | 0.065120 | 0.065436 | 0.065753 | 0.066069 |
| Woodie | 0.059945 | 0.061503 | 0.063395 | 0.064953 | 0.066845 | 0.068403 | 0.070295 |
| Fibonacci | 0.061447 | 0.062765 | 0.063579 | 0.064897 | 0.066215 | 0.067029 | 0.068347 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.053137 | 0.056663 | 0.062767 | 0.066293 | 0.072397 | 0.075923 | 0.082027 |
| Camarilla | 0.066222 | 0.067105 | 0.067987 | 0.068870 | 0.069753 | 0.070636 | 0.071518 |
| Woodie | 0.054425 | 0.057308 | 0.064055 | 0.066938 | 0.073685 | 0.076568 | 0.083315 |
| Fibonacci | 0.056663 | 0.060342 | 0.062615 | 0.066293 | 0.069972 | 0.072245 | 0.075923 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008370 | 0.033300 | 0.048360 | 0.073290 | 0.088350 | 0.113280 | 0.128340 |
| Camarilla | 0.052423 | 0.056089 | 0.059754 | 0.063420 | 0.067086 | 0.070752 | 0.074417 |
| Woodie | 0.003435 | 0.030833 | 0.043425 | 0.070823 | 0.083415 | 0.110813 | 0.123405 |
| Fibonacci | 0.033300 | 0.048576 | 0.058014 | 0.073290 | 0.088566 | 0.098004 | 0.113280 |
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): | 45.30 | |
| MACD (12,26,9): | -0.0029 | |
| Directional Movement: | -2.638726 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.060723 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.068064 | |
| Elder Ray (13): | 0.000346 | |
| Super Trend (3,10): | 0.074511 | |
| Zig ZAG (10): | 0.064260 | |
| VORTEX (21): | 0.9167 | |
| Stochastique (14,3,5): | 55.13 | |
| TEMA (21): | 0.063886 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | 0.000580 | |
| Repulse (5,40,3): | 2.1990 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7389 | |
| Courbe Coppock: | 2.17 |
| MA7: | 0.063117 | |
| MA20: | 0.063934 | |
| MA50: | 0.073343 | |
| MA100: | 0.110145 | |
| MAexp7: | 0.063852 | |
| MAexp20: | 0.065280 | |
| MAexp50: | 0.078045 | |
| MAexp100: | 0.109876 | |
| Price / MA7: | +2.11% | |
| Price / MA20: | +0.81% | |
| Price / MA50: | -12.13% | |
| Price / MA100: | -41.49% | |
| Price / MAexp7: | +0.94% | |
| Price / MAexp20: | -1.27% | |
| Price / MAexp50: | -17.42% | |
| Price / MAexp100: | -41.34% |
Quotes :
-
Real time data
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