HUOBI TOKEN - HT/USDT - 1H - Technical analysis published on 03/02/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
56%
17%
28%
My opinion
Bullish above 13.49 USDT
My targets
15.67 USDT (+6.88%)
16.87 USDT (+15.08%)
My analysis
The current short-term bullish acceleration on HUOBI TOKEN - HT/USDT should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 13.49 USDT. Short-term buyers will use the resistance located at 15.67 USDT as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 16.87 USDT. Crossing this resistance would then open the door for buyers to target 19.24 USDT. Caution, if there is a return to under 13.49 USDT, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HUOBI TOKEN - HT/USDT rating 14.66 USDT. The price is lower by -0.48% since the last closing with the lowest point at 13.89 USDT and the highest point at 15.42 USDT. The deviation from the price is +5.54% for the low point and -4.93% for the high point.13.89
15.42
14.66
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
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 1H chart of HUOBI TOKEN - HT/USDT indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 12.03 | 13.49 | 14.60 | 14.66 | 16.87 | 19.24 | 20.98 |
| Change (%) | -17.94% | -7.98% | -0.41% | - | +15.08% | +31.24% | +43.11% |
| Change | -2.63 | -1.17 | -0.06 | - | +2.21 | +4.58 | +6.32 |
| Level | Minor | 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 | 12.63 | 13.06 | 13.89 | 14.32 | 15.15 | 15.58 | 16.41 |
| Camarilla | 14.38 | 14.50 | 14.62 | 14.73 | 14.85 | 14.96 | 15.08 |
| Woodie | 12.84 | 13.16 | 14.10 | 14.42 | 15.36 | 15.68 | 16.62 |
| Fibonacci | 13.06 | 13.54 | 13.84 | 14.32 | 14.80 | 15.10 | 15.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.46 | 8.30 | 12.13 | 18.97 | 22.80 | 29.64 | 33.47 |
| Camarilla | 13.02 | 13.99 | 14.97 | 15.95 | 16.93 | 17.91 | 18.88 |
| Woodie | -0.06 | 7.55 | 10.62 | 18.22 | 21.29 | 28.89 | 31.96 |
| Fibonacci | 8.30 | 12.38 | 14.90 | 18.97 | 23.05 | 25.57 | 29.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -15.77 | -4.63 | 4.53 | 15.67 | 24.83 | 35.97 | 45.13 |
| Camarilla | 8.11 | 9.97 | 11.83 | 13.69 | 15.55 | 17.41 | 19.27 |
| Woodie | -16.76 | -5.13 | 3.54 | 15.17 | 23.84 | 35.48 | 44.14 |
| Fibonacci | -4.63 | 3.12 | 7.91 | 15.67 | 23.43 | 28.22 | 35.97 |
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): | 57.07 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 5.74 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 14.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.25 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 13.89 | |
| Zig ZAG (10): | 14.74 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 42.48 | |
| TEMA (21): | 14.55 | |
| Williams %R (14): | -48.37 | |
| Chande Momentum Oscillator (20): | -0.13 | |
| Repulse (5,40,3): | 0.9100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.91 |
| MA7: | 15.86 | |
| MA20: | 16.44 | |
| MA50: | 10.59 | |
| MA100: | 7.44 | |
| MAexp7: | 14.48 | |
| MAexp20: | 14.36 | |
| MAexp50: | 14.45 | |
| MAexp100: | 15.22 | |
| Price / MA7: | -7.57% | |
| Price / MA20: | -10.83% | |
| Price / MA50: | +38.43% | |
| Price / MA100: | +97.04% | |
| Price / MAexp7: | +1.24% | |
| Price / MAexp20: | +2.09% | |
| Price / MAexp50: | +1.45% | |
| Price / MAexp100: | -3.68% |
Quotes :
2021-03-02 15:24:33
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Real time data
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