Londinia Opportunities Analyses - 06/18/2021 (GMT) HITCHAIN (X1000) - HIT/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | HITUSDT |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.111033 USDT
My targets
0.108647 USDT (-1.32%)
0.099300 USDT (-9.81%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HITCHAIN (X1000) - HIT/USDT as long as the price remains well below 0.111033 USDT. The sellers' bearish objective is set at 0.108647 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.099300 USDT. In case of crossing, the next objective would be the support located at 0.039728 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The HITCHAIN (X1000) - HIT/USDT price is 0.110100 USDT. On the day, this instrument lost -5.74% and was traded between 0.110000 USDT and 0.117600 USDT over the period. The price is currently at +0.09% from its lowest and -6.38% from its highest.0.110000
0.117600
0.110100
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
Here is a more detailed summary of the historical variations registered by HITCHAIN (X1000) - HIT/USDT:
Technical
A technical analysis in 1H of this HITCHAIN (X1000) - HIT/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
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.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.039728 | 0.108647 | 0.110100 | 0.111033 | 0.112600 | 0.114022 |
| Change (%) | -63.92% | -1.32% | - | +0.85% | +2.27% | +3.56% |
| Change | -0.070372 | -0.001453 | - | +0.000933 | +0.002500 | +0.003922 |
| Level | Intermediate | Major | - | Major | 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 | 0.103400 | 0.108000 | 0.112400 | 0.117000 | 0.121400 | 0.126000 | 0.130400 |
| Camarilla | 0.114325 | 0.115150 | 0.115975 | 0.116800 | 0.117625 | 0.118450 | 0.119275 |
| Woodie | 0.103300 | 0.107950 | 0.112300 | 0.116950 | 0.121300 | 0.125950 | 0.130300 |
| Fibonacci | 0.108000 | 0.111438 | 0.113562 | 0.117000 | 0.120438 | 0.122562 | 0.126000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.062100 | 0.085000 | 0.099300 | 0.122200 | 0.136500 | 0.159400 | 0.173700 |
| Camarilla | 0.103370 | 0.106780 | 0.110190 | 0.113600 | 0.117010 | 0.120420 | 0.123830 |
| Woodie | 0.057800 | 0.082850 | 0.095000 | 0.120050 | 0.132200 | 0.157250 | 0.169400 |
| Fibonacci | 0.085000 | 0.099210 | 0.107990 | 0.122200 | 0.136410 | 0.145190 | 0.159400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.527867 | -0.212833 | -0.040467 | 0.274567 | 0.446933 | 0.761967 | 0.934333 |
| Camarilla | -0.002135 | 0.042543 | 0.087222 | 0.131900 | 0.176578 | 0.221257 | 0.265935 |
| Woodie | -0.599200 | -0.248500 | -0.111800 | 0.238900 | 0.375600 | 0.726300 | 0.863000 |
| Fibonacci | -0.212833 | -0.026647 | 0.088380 | 0.274567 | 0.460754 | 0.575780 | 0.761967 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.78 | |
| MACD (12,26,9): | -0.0015 | |
| Directional Movement: | -15.222168 | |
| AROON (14): | -71.428572 | |
| DEMA (21): | 0.111902 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.116562 | |
| Elder Ray (13): | -0.002559 | |
| Super Trend (3,10): | 0.115170 | |
| Zig ZAG (10): | 0.110400 | |
| VORTEX (21): | 0.8914 | |
| Stochastique (14,3,5): | 8.95 | |
| TEMA (21): | 0.111202 | |
| Williams %R (14): | -96.05 | |
| Chande Momentum Oscillator (20): | -0.005200 | |
| Repulse (5,40,3): | -1.4707 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1364 | |
| Courbe Coppock: | 5.86 |
| MA7: | 0.116557 | |
| MA20: | 0.121795 | |
| MA50: | 0.212640 | |
| MA100: | 0.278441 | |
| MAexp7: | 0.111803 | |
| MAexp20: | 0.113705 | |
| MAexp50: | 0.115781 | |
| MAexp100: | 0.117120 | |
| Price / MA7: | -5.54% | |
| Price / MA20: | -9.60% | |
| Price / MA50: | -48.22% | |
| Price / MA100: | -60.46% | |
| Price / MAexp7: | -1.52% | |
| Price / MAexp20: | -3.17% | |
| Price / MAexp50: | -4.91% | |
| Price / MAexp100: | -5.99% |
Quotes :
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Real time data
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