ORION PROTOCOL - ORN/USD - 1H - Technical analysis published on 11/02/2023 (GMT)
- 116
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Neutral between 0.534189 USD and 0.557029 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on ORION PROTOCOL - ORN/USD. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.557029 USD. The first support is located at 0.534189 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are bearish and could soon allow change to a bearish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORION PROTOCOL - ORN/USD price is 0.548971 USD. On the day, this instrument lost -0.28% and was traded between 0.547015 USD and 0.566624 USD over the period. The price is currently at +0.36% from its lowest and -3.12% from its highest.0.547015
0.566624
0.548971
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ORION PROTOCOL - ORN/USD chart shows a slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal support
Type : Bullish
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 | 0.525578 | 0.534189 | 0.548619 | 0.548971 | 0.557029 | 0.562672 | 0.726667 |
| Change (%) | -4.26% | -2.69% | -0.06% | - | +1.47% | +2.50% | +32.37% |
| Change | -0.023393 | -0.014782 | -0.000352 | - | +0.008058 | +0.013701 | +0.177696 |
| Level | Minor | Minor | Major | - | Minor | 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 | 0.506988 | 0.516283 | 0.533405 | 0.542700 | 0.559822 | 0.569117 | 0.586239 |
| Camarilla | 0.543262 | 0.545684 | 0.548105 | 0.550527 | 0.552949 | 0.555370 | 0.557792 |
| Woodie | 0.510902 | 0.518240 | 0.537319 | 0.544657 | 0.563736 | 0.571074 | 0.590153 |
| Fibonacci | 0.516283 | 0.526374 | 0.532609 | 0.542700 | 0.552791 | 0.559026 | 0.569117 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.454744 | 0.475792 | 0.511911 | 0.532959 | 0.569078 | 0.590126 | 0.626245 |
| Camarilla | 0.532310 | 0.537550 | 0.542791 | 0.548031 | 0.553271 | 0.558512 | 0.563752 |
| Woodie | 0.462281 | 0.479560 | 0.519448 | 0.536727 | 0.576615 | 0.593894 | 0.633782 |
| Fibonacci | 0.475792 | 0.497630 | 0.511121 | 0.532959 | 0.554797 | 0.568288 | 0.590126 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.383036 | 0.423142 | 0.482461 | 0.522567 | 0.581886 | 0.621992 | 0.681311 |
| Camarilla | 0.514439 | 0.523553 | 0.532667 | 0.541781 | 0.550895 | 0.560009 | 0.569123 |
| Woodie | 0.392644 | 0.427945 | 0.492069 | 0.527370 | 0.591494 | 0.626795 | 0.690919 |
| Fibonacci | 0.423142 | 0.461122 | 0.484586 | 0.522567 | 0.560547 | 0.584011 | 0.621992 |
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): | 44.58 | |
| MACD (12,26,9): | 0.0017 | |
| Directional Movement: | -3.451824 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.555393 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.564455 | |
| Elder Ray (13): | -0.005905 | |
| Super Trend (3,10): | 0.543555 | |
| Zig ZAG (10): | 0.547094 | |
| VORTEX (21): | 1.0888 | |
| Stochastique (14,3,5): | 2.11 | |
| TEMA (21): | 0.554377 | |
| Williams %R (14): | -99.41 | |
| Chande Momentum Oscillator (20): | -0.011768 | |
| Repulse (5,40,3): | -0.9823 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1053 | |
| Courbe Coppock: | 0.67 |
| MA7: | 0.544116 | |
| MA20: | 0.520391 | |
| MA50: | 0.514940 | |
| MA100: | 0.549352 | |
| MAexp7: | 0.551577 | |
| MAexp20: | 0.552269 | |
| MAexp50: | 0.548178 | |
| MAexp100: | 0.544774 | |
| Price / MA7: | +0.89% | |
| Price / MA20: | +5.49% | |
| Price / MA50: | +6.61% | |
| Price / MA100: | -0.07% | |
| Price / MAexp7: | -0.47% | |
| Price / MAexp20: | -0.60% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.77% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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