HEDERA - HBAR/USDT - 1H - Technical analysis published on 01/21/2023 (GMT)
- 214
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.065530 USDT
My targets
0.073600 USDT (+4.10%)
0.082900 USDT (+17.26%)
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/USDT as long as the price remains well above 0.065530 USDT. The buyers' bullish objective is set at 0.073600 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.082900 USDT. If there is any crossing, the next objective would be the resistance located at 0.158000 USDT. 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 not called into question, despite technical indicators being indecisive.
Force
0
10
5.7
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEDERA HASHGRAPH - HBAR/USDT rating 0.070700 USDT. On the day, this instrument lost -2.36% with the lowest point at 0.069530 USDT and the highest point at 0.073440 USDT. The deviation from the price is +1.68% for the low point and -3.73% for the high point.0.069530
0.073440
0.070700
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this HEDERA HASHGRAPH - HBAR/USDT chart shows a strongly 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 scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.058397 | 0.062230 | 0.065530 | 0.070700 | 0.073600 | 0.082900 | 0.158000 |
| Change (%) | -17.40% | -11.98% | -7.31% | - | +4.10% | +17.26% | +123.48% |
| Change | -0.012303 | -0.008470 | -0.005170 | - | +0.002900 | +0.012200 | +0.087300 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 0.045163 | 0.052237 | 0.062323 | 0.069397 | 0.079483 | 0.086557 | 0.096643 |
| Camarilla | 0.067691 | 0.069264 | 0.070837 | 0.072410 | 0.073983 | 0.075556 | 0.077129 |
| Woodie | 0.046670 | 0.052990 | 0.063830 | 0.070150 | 0.080990 | 0.087310 | 0.098150 |
| Fibonacci | 0.052237 | 0.058792 | 0.062842 | 0.069397 | 0.075952 | 0.080002 | 0.086557 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.028800 | 0.033920 | 0.043510 | 0.048630 | 0.058220 | 0.063340 | 0.072930 |
| Camarilla | 0.049055 | 0.050403 | 0.051752 | 0.053100 | 0.054448 | 0.055797 | 0.057145 |
| Woodie | 0.031035 | 0.035038 | 0.045745 | 0.049748 | 0.060455 | 0.064458 | 0.075165 |
| Fibonacci | 0.033920 | 0.039539 | 0.043011 | 0.048630 | 0.054249 | 0.057721 | 0.063340 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018470 | 0.027100 | 0.031790 | 0.040420 | 0.045110 | 0.053740 | 0.058430 |
| Camarilla | 0.032817 | 0.034038 | 0.035259 | 0.036480 | 0.037701 | 0.038922 | 0.040143 |
| Woodie | 0.016500 | 0.026115 | 0.029820 | 0.039435 | 0.043140 | 0.052755 | 0.056460 |
| Fibonacci | 0.027100 | 0.032188 | 0.035332 | 0.040420 | 0.045508 | 0.048652 | 0.053740 |
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): | 62.27 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 19.733074 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.073136 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.075754 | |
| Elder Ray (13): | 0.000719 | |
| Super Trend (3,10): | 0.068500 | |
| Zig ZAG (10): | 0.070700 | |
| VORTEX (21): | 1.1069 | |
| Stochastique (14,3,5): | 62.83 | |
| TEMA (21): | 0.073783 | |
| Williams %R (14): | -50.09 | |
| Chande Momentum Oscillator (20): | -0.002960 | |
| Repulse (5,40,3): | -3.0846 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7324 | |
| Courbe Coppock: | 23.78 |
| MA7: | 0.059823 | |
| MA20: | 0.048965 | |
| MA50: | 0.046135 | |
| MA100: | 0.050188 | |
| MAexp7: | 0.071599 | |
| MAexp20: | 0.069194 | |
| MAexp50: | 0.064462 | |
| MAexp100: | 0.060427 | |
| Price / MA7: | +18.18% | |
| Price / MA20: | +44.39% | |
| Price / MA50: | +53.25% | |
| Price / MA100: | +40.87% | |
| Price / MAexp7: | -1.26% | |
| Price / MAexp20: | +2.18% | |
| Price / MAexp50: | +9.68% | |
| Price / MAexp100: | +17.00% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis HEDERA - HBAR/USDT - 1H