HELIUM - HNT/USDT - Daily - Technical analysis published on 02/14/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 28.98 USDT
My targets
25.06 USDT (-3.87%)
20.77 USDT (-20.33%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HELIUM - HNT/USDT as long as the price remains well below 28.98 USDT. The next bearish objective for sellers is set at 25.06 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 20.77 USDT. If there is any crossing, the next objective would be the support located at 16.81 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HELIUM - HNT/USDT rating 26.07 USDT. The price registered an increase of +4.03% on the session and was between 24.05 USDT and 27.04 USDT. This implies that the price is at +8.40% from its lowest and at -3.59% from its highest.24.05
27.04
26.07
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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 this Daily chart of HELIUM - HNT/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.81 | 20.77 | 25.06 | 26.07 | 28.98 | 36.51 | 41.55 |
| Change (%) | -35.52% | -20.33% | -3.87% | - | +11.16% | +40.05% | +59.38% |
| Change | -9.26 | -5.30 | -1.01 | - | +2.91 | +10.44 | +15.48 |
| Level | Minor | Minor | Major | - | 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 | 21.32 | 23.17 | 24.11 | 25.96 | 26.90 | 28.75 | 29.69 |
| Camarilla | 24.29 | 24.55 | 24.80 | 25.06 | 25.32 | 25.57 | 25.83 |
| Woodie | 20.88 | 22.94 | 23.67 | 25.73 | 26.46 | 28.52 | 29.25 |
| Fibonacci | 23.17 | 24.23 | 24.89 | 25.96 | 27.02 | 27.68 | 28.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.25 | 22.69 | 25.10 | 28.54 | 30.95 | 34.39 | 36.80 |
| Camarilla | 25.91 | 26.45 | 26.98 | 27.52 | 28.06 | 28.59 | 29.13 |
| Woodie | 18.75 | 22.43 | 24.60 | 28.28 | 30.45 | 34.13 | 36.30 |
| Fibonacci | 22.69 | 24.92 | 26.30 | 28.54 | 30.77 | 32.15 | 34.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -8.64 | 5.58 | 16.68 | 30.90 | 42.00 | 56.22 | 67.32 |
| Camarilla | 20.83 | 23.15 | 25.47 | 27.79 | 30.11 | 32.43 | 34.75 |
| Woodie | -10.19 | 4.80 | 15.13 | 30.12 | 40.45 | 55.44 | 65.77 |
| Fibonacci | 5.58 | 15.25 | 21.22 | 30.90 | 40.57 | 46.54 | 56.22 |
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): | 43.99 | |
| MACD (12,26,9): | -0.8300 | |
| Directional Movement: | -6.03 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 26.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 31.83 | |
| Elder Ray (13): | -2.09 | |
| Super Trend (3,10): | 32.70 | |
| Zig ZAG (10): | 26.26 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 25.24 | |
| TEMA (21): | 27.21 | |
| Williams %R (14): | -72.73 | |
| Chande Momentum Oscillator (20): | 1.09 | |
| Repulse (5,40,3): | -5.7500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4300 | |
| Courbe Coppock: | 4.95 |
| MA7: | 27.73 | |
| MA20: | 27.88 | |
| MA50: | 31.21 | |
| MA100: | 35.07 | |
| MAexp7: | 27.18 | |
| MAexp20: | 28.00 | |
| MAexp50: | 29.99 | |
| MAexp100: | 30.54 | |
| Price / MA7: | -5.99% | |
| Price / MA20: | -6.49% | |
| Price / MA50: | -16.47% | |
| Price / MA100: | -25.66% | |
| Price / MAexp7: | -4.08% | |
| Price / MAexp20: | -6.89% | |
| Price / MAexp50: | -13.07% | |
| Price / MAexp100: | -14.64% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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