HEX - HEX/USDT - 1H - Technical analysis published on 09/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.002854 USDT
My targets
0.002701 USDT (-2.77%)
0.002521 USDT (-9.25%)
My analysis
The strong short-term decline in HEX - HEX/USDT calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 0.002854 USDT, one could consider taking advantage of the short-term movement. The first bearish objective is located at 0.002701 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.002521 USDT as an objective. Crossing it would then enable sellers to target 0.002226 USDT. Be careful, a return to above 0.002854 USDT could jeopardize the reversal.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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This analysis was given by AKOUSA. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HEX - HEX/USDT rating is 0.002778 USDT. On the day, this instrument lost -1.70% with the lowest point at 0.002700 USDT and the highest point at 0.002830 USDT. The deviation from the price is +2.89% for the low point and -1.84% for the high point.0.002700
0.002830
0.002778
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of HEX - HEX/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002226 | 0.002521 | 0.002701 | 0.002778 | 0.002950 | 0.003066 | 0.003296 |
| Change (%) | -19.87% | -9.25% | -2.77% | - | +6.19% | +10.37% | +18.65% |
| Change | -0.000552 | -0.000257 | -0.000077 | - | +0.000172 | +0.000288 | +0.000518 |
| Level | Minor | Minor | Minor | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001479 | 0.001845 | 0.002335 | 0.002701 | 0.003191 | 0.003557 | 0.004047 |
| Camarilla | 0.002591 | 0.002669 | 0.002748 | 0.002826 | 0.002905 | 0.002983 | 0.003061 |
| Woodie | 0.001542 | 0.001876 | 0.002398 | 0.002732 | 0.003254 | 0.003588 | 0.004110 |
| Fibonacci | 0.001845 | 0.002172 | 0.002374 | 0.002701 | 0.003028 | 0.003230 | 0.003557 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001012 | 0.001590 | 0.001933 | 0.002511 | 0.002854 | 0.003432 | 0.003775 |
| Camarilla | 0.002024 | 0.002108 | 0.002193 | 0.002277 | 0.002361 | 0.002446 | 0.002530 |
| Woodie | 0.000896 | 0.001531 | 0.001817 | 0.002452 | 0.002738 | 0.003373 | 0.003659 |
| Fibonacci | 0.001590 | 0.001942 | 0.002159 | 0.002511 | 0.002863 | 0.003080 | 0.003432 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001217 | 0.000492 | 0.001626 | 0.003335 | 0.004469 | 0.006178 | 0.007312 |
| Camarilla | 0.001977 | 0.002238 | 0.002498 | 0.002759 | 0.003020 | 0.003280 | 0.003541 |
| Woodie | -0.001506 | 0.000348 | 0.001338 | 0.003191 | 0.004181 | 0.006034 | 0.007024 |
| Fibonacci | 0.000492 | 0.001578 | 0.002249 | 0.003335 | 0.004421 | 0.005092 | 0.006178 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 43.40 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -33.266579 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.002784 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002876 | |
| Elder Ray (13): | -0.000016 | |
| Super Trend (3,10): | 0.002885 | |
| Zig ZAG (10): | 0.002778 | |
| VORTEX (21): | 0.8872 | |
| Stochastique (14,3,5): | 49.55 | |
| TEMA (21): | 0.002735 | |
| Williams %R (14): | -51.25 | |
| Chande Momentum Oscillator (20): | -0.000053 | |
| Repulse (5,40,3): | -0.6404 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1551 | |
| Courbe Coppock: | 8.16 |
| MA7: | 0.002561 | |
| MA20: | 0.002783 | |
| MA50: | 0.003514 | |
| MA100: | - | |
| MAexp7: | 0.002784 | |
| MAexp20: | 0.002819 | |
| MAexp50: | 0.002800 | |
| MAexp100: | 0.002705 | |
| Price / MA7: | +8.47% | |
| Price / MA20: | -0.18% | |
| Price / MA50: | -20.94% | |
| Price / MA100: | - | |
| Price / MAexp7: | -0.22% | |
| Price / MAexp20: | -1.45% | |
| Price / MAexp50: | -0.79% | |
| Price / MAexp100: | +2.70% |
Quotes :
2020-09-11 10:52:45
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Real time data
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Cryptocompare
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