HELIUM - HNT/USD - 1H - Technical analysis published on 07/17/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 8.74 USD
My targets
8.99 USD (+0.67%)
9.18 USD (+2.80%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on HELIUM - HNT/USD as long as the price remains well above 8.74 USD. The buyers' bullish objective is set at 8.99 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 9.18 USD. If there is any crossing, the next objective would be the resistance located at 9.42 USD. 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HELIUM - HNT/USD rating is 8.93 USD. On the day, this instrument lost -0.11% and was between 8.75 USD and 9.06 USD. This implies that the price is at +2.06% from its lowest and at -1.43% from its highest.8.75
9.06
8.93
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of HELIUM - HNT/USD in 1H shows a strongly overall bullish trend. 89.29% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
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.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 8.22 | 8.50 | 8.74 | 8.93 | 8.99 | 9.18 | 9.42 |
| Change (%) | -7.95% | -4.82% | -2.13% | - | +0.67% | +2.80% | +5.49% |
| Change | -0.71 | -0.43 | -0.19 | - | +0.06 | +0.25 | +0.49 |
| Level | Minor | Intermediate | Intermediate | - | Major | 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 | 8.16 | 8.36 | 8.65 | 8.85 | 9.14 | 9.34 | 9.63 |
| Camarilla | 8.81 | 8.85 | 8.90 | 8.94 | 8.99 | 9.03 | 9.08 |
| Woodie | 8.21 | 8.38 | 8.70 | 8.87 | 9.19 | 9.36 | 9.68 |
| Fibonacci | 8.36 | 8.55 | 8.66 | 8.85 | 9.04 | 9.15 | 9.34 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.74 | 7.48 | 8.21 | 8.95 | 9.68 | 10.42 | 11.15 |
| Camarilla | 8.54 | 8.67 | 8.81 | 8.94 | 9.08 | 9.21 | 9.34 |
| Woodie | 6.74 | 7.48 | 8.21 | 8.95 | 9.68 | 10.42 | 11.15 |
| Fibonacci | 7.48 | 8.04 | 8.39 | 8.95 | 9.51 | 9.86 | 10.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.93 | 4.64 | 7.02 | 9.73 | 12.11 | 14.82 | 17.20 |
| Camarilla | 8.00 | 8.47 | 8.93 | 9.40 | 9.87 | 10.33 | 10.80 |
| Woodie | 1.77 | 4.56 | 6.86 | 9.65 | 11.95 | 14.74 | 17.04 |
| Fibonacci | 4.64 | 6.58 | 7.79 | 9.73 | 11.67 | 12.88 | 14.82 |
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): | 57.16 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 8.57 | |
| AROON (14): | 28.58 | |
| DEMA (21): | 8.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.78 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 8.75 | |
| Zig ZAG (10): | 8.98 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 64.63 | |
| TEMA (21): | 8.93 | |
| Williams %R (14): | -22.45 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.7200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.28 |
| MA7: | 8.81 | |
| MA20: | 9.16 | |
| MA50: | 9.69 | |
| MA100: | 11.82 | |
| MAexp7: | 8.93 | |
| MAexp20: | 8.89 | |
| MAexp50: | 8.86 | |
| MAexp100: | 8.85 | |
| Price / MA7: | +1.36% | |
| Price / MA20: | -2.51% | |
| Price / MA50: | -7.84% | |
| Price / MA100: | -24.45% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +0.45% | |
| Price / MAexp50: | +0.79% | |
| Price / MAexp100: | +0.90% |
Quotes :
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Real time data
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