HEX - HEX/USDT - Daily - Technical analysis published on 01/27/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.199700 USDT
My targets
0.169085 USDT (-8.11%)
0.131289 USDT (-28.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HEX - HEX/USDT as long as the price remains well below 0.199700 USDT. The sellers' bearish objective is set at 0.169085 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.131289 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.3
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This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEX - HEX/USDT rating 0.184000 USDT. The price registered an increase of +0.49% on the session with the lowest point at 0.183100 USDT and the highest point at 0.184000 USDT. The deviation from the price is +0.49% for the low point and 0% for the high point.0.183100
0.184000
0.184000
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this HEX - HEX/USDT chart shows a sharp bearish trend. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.131289 | 0.169085 | 0.184000 | 0.199700 | 0.331900 | 0.389700 |
| Change (%) | -28.65% | -8.11% | - | +8.53% | +80.38% | +111.79% |
| Change | -0.052711 | -0.014915 | - | +0.015700 | +0.147900 | +0.205700 |
| Level | Minor | Major | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.150400 | 0.164700 | 0.173900 | 0.188200 | 0.197400 | 0.211700 | 0.220900 |
| Camarilla | 0.176638 | 0.178792 | 0.180946 | 0.183100 | 0.185254 | 0.187408 | 0.189563 |
| Woodie | 0.147850 | 0.163425 | 0.171350 | 0.186925 | 0.194850 | 0.210425 | 0.218350 |
| Fibonacci | 0.164700 | 0.173677 | 0.179223 | 0.188200 | 0.197177 | 0.202723 | 0.211700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.071767 | 0.122033 | 0.149067 | 0.199333 | 0.226367 | 0.276633 | 0.303667 |
| Camarilla | 0.154843 | 0.161928 | 0.169014 | 0.176100 | 0.183186 | 0.190272 | 0.197358 |
| Woodie | 0.060150 | 0.116225 | 0.137450 | 0.193525 | 0.214750 | 0.270825 | 0.292050 |
| Fibonacci | 0.122033 | 0.151562 | 0.169805 | 0.199333 | 0.228862 | 0.247105 | 0.276633 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.072633 | 0.025433 | 0.155467 | 0.253533 | 0.383567 | 0.481633 | 0.611667 |
| Camarilla | 0.222773 | 0.243682 | 0.264591 | 0.285500 | 0.306409 | 0.327318 | 0.348228 |
| Woodie | -0.056650 | 0.033425 | 0.171450 | 0.261525 | 0.399550 | 0.489625 | 0.627650 |
| Fibonacci | 0.025433 | 0.112568 | 0.166399 | 0.253533 | 0.340668 | 0.394499 | 0.481633 |
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): | 41.10 | |
| MACD (12,26,9): | -0.0154 | |
| Directional Movement: | -5.210471 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.189603 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.215383 | |
| Elder Ray (13): | -0.015249 | |
| Super Trend (3,10): | 0.254285 | |
| Zig ZAG (10): | 0.184000 | |
| VORTEX (21): | 0.9842 | |
| Stochastique (14,3,5): | 19.57 | |
| TEMA (21): | 0.176280 | |
| Williams %R (14): | -83.19 | |
| Chande Momentum Oscillator (20): | -0.065600 | |
| Repulse (5,40,3): | -5.2524 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.7714 | |
| Courbe Coppock: | 41.13 |
| MA7: | 0.184043 | |
| MA20: | 0.214210 | |
| MA50: | 0.229902 | |
| MA100: | 0.221824 | |
| MAexp7: | 0.189410 | |
| MAexp20: | 0.207676 | |
| MAexp50: | 0.221817 | |
| MAexp100: | 0.229927 | |
| Price / MA7: | -0.02% | |
| Price / MA20: | -14.10% | |
| Price / MA50: | -19.97% | |
| Price / MA100: | -17.05% | |
| Price / MAexp7: | -2.86% | |
| Price / MAexp20: | -11.40% | |
| Price / MAexp50: | -17.05% | |
| Price / MAexp100: | -19.97% |
Quotes :
-
Real time data
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