Free Huobi BTC (HBTC) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
06 Dec / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

Huobi BTC (HBTC) signal with technical analysis on 06 Dec

On 06 Dec, we conducted a comprehensive technical analysis of Huobi BTC (HBTC), considering 256 signals with intricate details. Here are the key findings: 211 signals suggested buy strategies, while 13 indicated sell strategies. The remaining 32 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 49
Sell Signals: 0
Neutral Signals: 15
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 53
Sell Signals: 4
Neutral Signals: 7
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 54
Sell Signals: 4
Neutral Signals: 6
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 55
Sell Signals: 5
Neutral Signals: 4
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 211
Sell Signals: 13
Neutral Signals: 32
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Huobi BTC (HBTC) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Huobi BTC (HBTC) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Huobi BTC (HBTC) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Huobi BTC (HBTC) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Huobi BTC (HBTC)** holdings.

Huobi BTC (HBTC) Price Analysis and Resistance Levels:

Given our current long position in Huobi BTC (HBTC), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0): The primary hurdle is the 0 price level. If the prevailing trend remains unchanged, Huobi BTC (HBTC) could break above this level, indicating its strength and potential for further growth.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Huobi BTC (HBTC), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Huobi BTC (HBTC) technical analysis chart

Huobi BTC (HBTC) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 25075.475 24193.01 21904.502 21405.523 20229.174
 Huobi BTC (HBTC) Support and Resistance area (06 Dec)

Huobi BTC (HBTC) signals list for 06 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Huobi BTC (HBTC) candlestick patterns on 06 Dec

Today's Huobi BTC (HBTC) Candle Patterns List:

Belt-hold

Huobi BTC (HBTC) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Dec Hold HoldHoldHoldHold
2 04 Dec Buy BuyBuyBuyBuy
3 03 Dec Hold HoldHoldHoldHold
4 02 Dec Hold HoldHoldHoldHold
5 01 Dec Hold HoldHoldHoldHold
6 30 Nov Sell HoldHoldHoldSell
7 29 Nov Hold HoldHoldHoldNeutral
8 28 Nov Sell SellSellNeutralNeutral
9 27 Nov Neutral NeutralNeutralHoldNeutral
10 26 Nov Hold HoldHoldHoldHold
11 25 Nov Buy BuyBuyBuyBuy
12 24 Nov Sell SellNeutralNeutralSell
13 23 Nov Hold NeutralBuyNeutralNeutral
14 22 Nov Hold HoldNeutralHoldHold
15 21 Nov Sell SellSellSellSell
16 20 Nov Buy HoldHoldHoldBuy
17 19 Nov Buy HoldBuyBuyNeutral
18 18 Nov Buy BuyNeutralHoldHold
19 17 Nov Hold HoldHoldHoldHold
20 16 Nov Hold HoldHoldHoldHold
21 15 Nov Hold HoldHoldHoldHold
22 14 Nov Hold HoldHoldHoldHold
23 13 Nov Hold HoldHoldHoldHold
24 12 Nov Hold HoldHoldHoldHold
25 11 Nov Hold HoldHoldHoldHold
26 10 Nov Hold HoldHoldHoldHold
27 09 Nov Sell SellHoldHoldHold
28 08 Nov Hold NeutralHoldHoldHold
29 07 Nov Hold NeutralHoldHoldHold
30 06 Nov Hold NeutralHoldHoldHold

Users forecasts for Huobi BTC (HBTC)

What is your prediction?

In this section, you can easily predict without user registration. See also other users predictions.

What is your prediction?

Huobi BTC (HBTC) predictions by visitors

Please fill in your email
Please fill in your Text
CAPTCHA Image
Please fill in your Captcha

Comments