Londinia Opportunities Analyses - 01/30/2023 (GMT) HANDSHAKE - HNS/USDT - 1H

HANDSHAKE - HNS/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: HNSUSDT
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 0.029403 USDT
My targets
0.031100 USDT (+3.74%)
0.031892 USDT (+6.38%)
My analysis
The bullish trend is currently very strong on HANDSHAKE - HNS/USDT. As long as the price remains above the support at 0.029403 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.031100 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.031892 USDT as an objective. Crossing it would then enable buyers to target 0.039140 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7.3

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The HANDSHAKE - HNS/USDT price is 0.029980 USDT. The price registered an increase of +0.20% on the session and was between 0.029180 USDT and 0.030350 USDT. This implies that the price is at +2.74% from its lowest and at -1.22% from its highest.

0.029180
0.030350
0.029980

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by HANDSHAKE - HNS/USDT:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of HANDSHAKE - HNS/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

On the 18 technical indicators analysed, 11 are bullish, 3 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.028417 0.029403 0.029830 0.029980 0.031892 0.039140 0.059960
Change (%) -5.21% -1.92% -0.50% - +6.38% +30.55% +100.00%
Change -0.001563 -0.000577 -0.000150 - +0.001912 +0.009160 +0.029980
Level Major 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
Standard0.0281630.0286470.0292830.0297670.0304030.0308870.031523
Camarilla0.0296120.0297150.0298170.0299200.0300230.0301250.030228
Woodie0.0282400.0286850.0293600.0298050.0304800.0309250.031600
Fibonacci0.0286470.0290750.0293390.0297670.0301950.0304590.030887


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0257400.0266800.0279500.0288900.0301600.0311000.032370
Camarilla0.0286120.0288150.0290170.0292200.0294230.0296250.029828
Woodie0.0259050.0267630.0281150.0289730.0303250.0311830.032535
Fibonacci0.0266800.0275240.0280460.0288900.0297340.0302560.031100


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0178900.0202600.0225900.0249600.0272900.0296600.031990
Camarilla0.0236280.0240580.0244890.0249200.0253510.0257820.026213
Woodie0.0178700.0202500.0225700.0249500.0272700.0296500.031970
Fibonacci0.0202600.0220550.0231650.0249600.0267550.0278650.029660

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): 55.48
MACD (12,26,9): 0.0001
Directional Movement: -0.994916
AROON (14): -64.285715
DEMA (21): 0.029916
Parabolic SAR (0,02-0,02-0,2): 0.030139
Elder Ray (13): 0.000138
Super Trend (3,10): 0.029160
Zig ZAG (10): 0.029980
VORTEX (21): 1.0508
Stochastique (14,3,5): 68.09
TEMA (21): 0.029856
Williams %R (14): -29.91
Chande Momentum Oscillator (20): -0.000110
Repulse (5,40,3): 0.2352
ROCnROLL: 1
TRIX (15,9): 0.0320
Courbe Coppock: 0.84
MA7: 0.029131
MA20: 0.027771
MA50: 0.026076
MA100: 0.026905
MAexp7: 0.029888
MAexp20: 0.029826
MAexp50: 0.029613
MAexp100: 0.029292
Price / MA7: +2.91%
Price / MA20: +7.95%
Price / MA50: +14.97%
Price / MA100: +11.43%
Price / MAexp7: +0.31%
Price / MAexp20: +0.52%
Price / MAexp50: +1.24%
Price / MAexp100: +2.35%

Quotes : - Real time data - Cryptocompare