HIVE - HIVE/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	HIVEUSD
ISIN:

HIVE - HIVE/USD - Daily - Technical analysis published on 03/10/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.368200 USD

My targets

0.330850 USD (-4.38%)

0.257255 USD (-25.65%)

My analysis

HIVE - HIVE/USD is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 0.368200 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 0.330850 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 0.257255 USD would then be the next bearish objective for sellers. Beware of a possible return to above the resistance located at 0.368200 USD which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

3.2

Comment on the analysis

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 Londinia.

Additional analysis

Quotes

HIVE - HIVE/USD rating 0.346000 USD. The price registered a decrease of -0.14% on the session and was traded between 0.346000 USD and 0.362400 USD over the period. The price is currently at 0% from its lowest and -4.53% from its highest.

0.346000

0.362400

0.346000

Here is a more detailed summary of the historical variations registered by HIVE - HIVE/USD:

The study of the highest / lowest by the Central Records scanner shows the following result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of HIVE - HIVE/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.257255	0.330850	0.346000	0.368200	0.397000	0.440000
Change (%)	-25.65%	-4.38%	-	+6.42%	+14.74%	+27.17%
Change	-0.088745	-0.015150	-	+0.022200	+0.051000	+0.094000
Level	Major	Minor	-	Minor	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	0.291567	0.319033	0.332767	0.360233	0.373967	0.401433	0.415167
Camarilla	0.335170	0.338947	0.342723	0.346500	0.350277	0.354053	0.357830
Woodie	0.284700	0.315600	0.325900	0.356800	0.367100	0.398000	0.408300
Fibonacci	0.319033	0.334772	0.344495	0.360233	0.375972	0.385695	0.401433

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.344067	0.372433	0.404867	0.433233	0.465667	0.494033	0.526467
Camarilla	0.420580	0.426153	0.431727	0.437300	0.442873	0.448447	0.454020
Woodie	0.346100	0.373450	0.406900	0.434250	0.467700	0.495050	0.528500
Fibonacci	0.372433	0.395659	0.410008	0.433233	0.456459	0.470808	0.494033

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.112867	0.244233	0.356067	0.487433	0.599267	0.730633	0.842467
Camarilla	0.401020	0.423313	0.445607	0.467900	0.490193	0.512487	0.534780
Woodie	0.103100	0.239350	0.346300	0.482550	0.589500	0.725750	0.832700
Fibonacci	0.244233	0.337136	0.394531	0.487433	0.580336	0.637731	0.730633

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	35.35
MACD (12,26,9):	-0.0136
Directional Movement:	-11.227314
AROON (14):	-71.428572
DEMA (21):	0.404639
Parabolic SAR (0,02-0,02-0,2):	0.474727
Elder Ray (13):	-0.049963
Super Trend (3,10):	0.445439
Zig ZAG (10):	0.362400
VORTEX (21):	0.8506
Stochastique (14,3,5):	0.00
TEMA (21):	0.374269
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.139800
Repulse (5,40,3):	-18.4035
ROCnROLL:	2
TRIX (15,9):	0.0677
Courbe Coppock:	26.65

MA7:	0.387014
MA20:	0.426855
MA50:	0.412648
MA100:	0.359020
MAexp7:	0.381120
MAexp20:	0.411618
MAexp50:	0.403344
MAexp100:	0.393351
Price / MA7:	-10.60%
Price / MA20:	-18.94%
Price / MA50:	-16.15%
Price / MA100:	-3.63%
Price / MAexp7:	-9.21%
Price / MAexp20:	-15.94%
Price / MAexp50:	-14.22%
Price / MAexp100:	-12.04%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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