HUOBI TOKEN - HT/USDT - 1H - Technical analysis published on 12/06/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 2.86 USDT
My targets
2.76 USDT (-2.13%)
2.67 USDT (-5.32%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on HUOBI TOKEN - HT/USDT. As long as you are under the resistance located at 2.86 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.76 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2.67 USDT as an objective. Crossing it would then enable sellers to target 2.59 USDT. If the resistance 2.86 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
4.6
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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
The HUOBI TOKEN - HT/USDT rating is 2.82 USDT. On the day, this instrument gained +0.36% and was between 2.79 USDT and 2.88 USDT. This implies that the price is at +1.08% from its lowest and at -2.08% from its highest.2.79
2.88
2.82
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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
A technical analysis in 1H of this HUOBI TOKEN - HT/USDT chart shows a bearish trend. The signals given by moving averages are 75% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 6 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 2.67 | 2.76 | 2.81 | 2.82 | 2.86 | 2.91 | 3.02 |
| Change (%) | -5.32% | -2.13% | -0.35% | - | +1.42% | +3.19% | +7.09% |
| Change | -0.15 | -0.06 | -0.01 | - | +0.04 | +0.09 | +0.20 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.67 | 2.73 | 2.77 | 2.82 | 2.87 | 2.92 | 2.97 |
| Camarilla | 2.79 | 2.80 | 2.80 | 2.81 | 2.82 | 2.83 | 2.84 |
| Woodie | 2.67 | 2.72 | 2.76 | 2.82 | 2.86 | 2.92 | 2.96 |
| Fibonacci | 2.73 | 2.76 | 2.79 | 2.82 | 2.86 | 2.89 | 2.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.67 | 1.94 | 2.37 | 2.64 | 3.06 | 3.34 | 3.76 |
| Camarilla | 2.60 | 2.66 | 2.73 | 2.79 | 2.85 | 2.92 | 2.98 |
| Woodie | 1.74 | 1.98 | 2.44 | 2.68 | 3.14 | 3.37 | 3.84 |
| Fibonacci | 1.94 | 2.21 | 2.37 | 2.64 | 2.91 | 3.07 | 3.34 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.11 | 1.16 | 1.98 | 3.03 | 3.84 | 4.89 | 5.71 |
| Camarilla | 2.28 | 2.45 | 2.62 | 2.79 | 2.96 | 3.13 | 3.30 |
| Woodie | -0.01 | 1.10 | 1.86 | 2.97 | 3.72 | 4.83 | 5.59 |
| Fibonacci | 1.16 | 1.88 | 2.32 | 3.03 | 3.74 | 4.18 | 4.89 |
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): | 45.37 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -7.22 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 2.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.86 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.88 | |
| Zig ZAG (10): | 2.82 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 29.22 | |
| TEMA (21): | 2.81 | |
| Williams %R (14): | -77.33 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | -0.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 2.08 |
| MA7: | 2.85 | |
| MA20: | 2.90 | |
| MA50: | 3.38 | |
| MA100: | 3.51 | |
| MAexp7: | 2.81 | |
| MAexp20: | 2.82 | |
| MAexp50: | 2.84 | |
| MAexp100: | 2.84 | |
| Price / MA7: | -1.05% | |
| Price / MA20: | -2.76% | |
| Price / MA50: | -16.57% | |
| Price / MA100: | -19.66% | |
| Price / MAexp7: | +0.36% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0.70% | |
| Price / MAexp100: | -0.70% |
This member declared not having a position on this financial instrument or a related financial instrument.
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