HARVEST FINANCE - FARM/USDT - 1H - Technical analysis published on 11/22/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 28.99 USDT
My targets
29.21 USDT (+0.69%)
29.68 USDT (+2.31%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for HARVEST FINANCE - FARM/USDT as long as the price remains well above 28.99 USDT. The buyers' bullish objective is set at 29.21 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 29.68 USDT. If there is any crossing, the next objective would be the resistance located at 30.32 USDT.
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
4.3
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This analysis was given by DAVE. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HARVEST FINANCE - FARM/USDT rating is 29.01 USDT. The price has increased by +3.39% since the last closing and was between 27.44 USDT and 29.06 USDT. This implies that the price is at +5.72% from its lowest and at -0.17% from its highest.27.44
29.06
29.01
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this HARVEST FINANCE - FARM/USDT chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.07 | 27.09 | 27.54 | 29.01 | 29.21 | 29.68 | 30.32 |
| Change (%) | -10.13% | -6.62% | -5.07% | - | +0.69% | +2.31% | +4.52% |
| Change | -2.94 | -1.92 | -1.47 | - | +0.20 | +0.67 | +1.31 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.18 | 26.24 | 27.15 | 28.21 | 29.12 | 30.18 | 31.09 |
| Camarilla | 27.52 | 27.70 | 27.88 | 28.06 | 28.24 | 28.42 | 28.60 |
| Woodie | 25.11 | 26.20 | 27.08 | 28.17 | 29.05 | 30.14 | 31.02 |
| Fibonacci | 26.24 | 26.99 | 27.46 | 28.21 | 28.96 | 29.43 | 30.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.20 | 25.64 | 27.55 | 28.99 | 30.90 | 32.34 | 34.25 |
| Camarilla | 28.53 | 28.84 | 29.14 | 29.45 | 29.76 | 30.06 | 30.37 |
| Woodie | 24.43 | 25.76 | 27.78 | 29.11 | 31.13 | 32.46 | 34.48 |
| Fibonacci | 25.64 | 26.92 | 27.71 | 28.99 | 30.27 | 31.06 | 32.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.74 | 23.61 | 31.10 | 38.97 | 46.46 | 54.33 | 61.82 |
| Camarilla | 34.38 | 35.78 | 37.19 | 38.60 | 40.01 | 41.42 | 42.82 |
| Woodie | 15.56 | 23.52 | 30.92 | 38.88 | 46.28 | 54.24 | 61.64 |
| Fibonacci | 23.61 | 29.47 | 33.10 | 38.97 | 44.83 | 48.46 | 54.33 |
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): | 63.93 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | 13.87 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 28.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 27.39 | |
| Elder Ray (13): | 0.63 | |
| Super Trend (3,10): | 27.92 | |
| Zig ZAG (10): | 29.03 | |
| VORTEX (21): | 1.2400 | |
| Stochastique (14,3,5): | 96.53 | |
| TEMA (21): | 28.38 | |
| Williams %R (14): | -1.24 | |
| Chande Momentum Oscillator (20): | 0.78 | |
| Repulse (5,40,3): | 3.4000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 1.28 |
| MA7: | 29.22 | |
| MA20: | 31.96 | |
| MA50: | 35.10 | |
| MA100: | 38.71 | |
| MAexp7: | 28.44 | |
| MAexp20: | 28.23 | |
| MAexp50: | 28.55 | |
| MAexp100: | 28.91 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -9.23% | |
| Price / MA50: | -17.35% | |
| Price / MA100: | -25.06% | |
| Price / MAexp7: | +2.00% | |
| Price / MAexp20: | +2.76% | |
| Price / MAexp50: | +1.61% | |
| Price / MAexp100: | +0.35% |
Quotes :
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Real time data
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