HIVE - HIVE/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	HIVEUSD
ISIN:

HIVE - HIVE/USD - Daily - Technical analysis published on 04/13/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

50%

44%

My opinion

Bullish above 0.366867 USD

My targets

0.429933 USD (+6.29%)

0.470600 USD (+16.34%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on HIVE - HIVE/USD as long as the price remains well above 0.366867 USD. The buyers' bullish objective is set at 0.429933 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.470600 USD. If there is any crossing, the next objective would be the resistance located at 0.499444 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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

The HIVE - HIVE/USD rating is 0.404500 USD. The price is lower by -0.03% since the last closing with the lowest point at 0.388300 USD and the highest point at 0.423000 USD. The deviation from the price is +4.17% for the low point and -4.37% for the high point.

0.388300

0.423000

0.404500

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

Technical

Technical analysis of this Daily chart of HIVE - HIVE/USD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.257255	0.366867	0.397546	0.404500	0.429933	0.470600	0.499444
Change (%)	-36.40%	-9.30%	-1.72%	-	+6.29%	+16.34%	+23.47%
Change	-0.147245	-0.037633	-0.006954	-	+0.025433	+0.066100	+0.094944
Level	Major	Major	Minor	-	Intermediate	Minor	Intermediate

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	0.328733	0.346867	0.375733	0.393867	0.422733	0.440867	0.469733
Camarilla	0.391675	0.395983	0.400292	0.404600	0.408908	0.413217	0.417525
Woodie	0.334100	0.349550	0.381100	0.396550	0.428100	0.443550	0.475100
Fibonacci	0.346867	0.364821	0.375913	0.393867	0.411821	0.422913	0.440867

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.205600	0.275400	0.330400	0.400200	0.455200	0.525000	0.580000
Camarilla	0.351080	0.362520	0.373960	0.385400	0.396840	0.408280	0.419720
Woodie	0.198200	0.271700	0.323000	0.396500	0.447800	0.521300	0.572600
Fibonacci	0.275400	0.323074	0.352526	0.400200	0.447874	0.477326	0.525000

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.091333	0.208167	0.306333	0.423167	0.521333	0.638167	0.736333
Camarilla	0.345375	0.365083	0.384792	0.404500	0.424208	0.443917	0.463625
Woodie	0.082000	0.203500	0.297000	0.418500	0.512000	0.633500	0.727000
Fibonacci	0.208167	0.290297	0.341037	0.423167	0.505297	0.556037	0.638167

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):	52.13
MACD (12,26,9):	-0.0010
Directional Movement:	7.399903
AROON (14):	14.285714
DEMA (21):	0.394865
Parabolic SAR (0,02-0,02-0,2):	0.361658
Elder Ray (13):	0.008872
Super Trend (3,10):	0.443997
Zig ZAG (10):	0.404700
VORTEX (21):	1.0091
Stochastique (14,3,5):	46.31
TEMA (21):	0.396530
Williams %R (14):	-52.32
Chande Momentum Oscillator (20):	0.002900
Repulse (5,40,3):	5.5302
ROCnROLL:	1
TRIX (15,9):	-0.0993
Courbe Coppock:	1.69

MA7:	0.390943
MA20:	0.394321
MA50:	0.406863
MA100:	0.384892
MAexp7:	0.398041
MAexp20:	0.397085
MAexp50:	0.398419
MAexp100:	0.396221
Price / MA7:	+3.47%
Price / MA20:	+2.58%
Price / MA50:	-0.58%
Price / MA100:	+5.09%
Price / MAexp7:	+1.62%
Price / MAexp20:	+1.87%
Price / MAexp50:	+1.53%
Price / MAexp100:	+2.09%

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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