Londinia Opportunities Analyses - 05/08/2024 (GMT) ORIGIN PROTOCOL - OGN/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | OGNUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
89%
6%
My opinion
Bearish under 0.140965 USDT
My targets
0.136051 USDT (-2.54%)
0.129906 USDT (-6.94%)
My analysis
The bearish trend is currently very strong for ORIGIN PROTOCOL - OGN/USDT. As long as the price remains below the resistance at 0.140965 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.136051 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.129906 USDT as an objective. Crossing it would then enable sellers to target 0.127578 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.8
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Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USDT rating is 0.139600 USDT. The price registered a decrease of -2.24% on the session and was traded between 0.139600 USDT and 0.143699 USDT over the period. The price is currently at 0% from its lowest and -2.85% from its highest.0.139600
0.143699
0.139600
Here is a more detailed summary of the historical variations registered by ORIGIN PROTOCOL - OGN/USDT:
Technical
A technical analysis in 1H of this ORIGIN PROTOCOL - OGN/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further decline is high given the direction of the technical indicators.
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
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.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.127578 | 0.129906 | 0.136051 | 0.139600 | 0.140965 | 0.143125 | 0.149844 |
| Change (%) | -8.61% | -6.94% | -2.54% | - | +0.98% | +2.53% | +7.34% |
| Change | -0.012022 | -0.009694 | -0.003549 | - | +0.001365 | +0.003525 | +0.010244 |
| Level | Minor | Minor | Minor | - | Major | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.133183 | 0.137942 | 0.140372 | 0.145131 | 0.147561 | 0.152320 | 0.154750 |
| Camarilla | 0.140826 | 0.141485 | 0.142144 | 0.142803 | 0.143462 | 0.144121 | 0.144780 |
| Woodie | 0.132020 | 0.137360 | 0.139209 | 0.144549 | 0.146398 | 0.151738 | 0.153587 |
| Fibonacci | 0.137942 | 0.140688 | 0.142385 | 0.145131 | 0.147877 | 0.149574 | 0.152320 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.104311 | 0.117109 | 0.132404 | 0.145202 | 0.160497 | 0.173295 | 0.188590 |
| Camarilla | 0.139974 | 0.142550 | 0.145125 | 0.147700 | 0.150275 | 0.152850 | 0.155426 |
| Woodie | 0.105561 | 0.117733 | 0.133654 | 0.145826 | 0.161747 | 0.173919 | 0.189840 |
| Fibonacci | 0.117109 | 0.127840 | 0.134470 | 0.145202 | 0.155933 | 0.162563 | 0.173295 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.044417 | 0.038601 | 0.089051 | 0.172069 | 0.222519 | 0.305537 | 0.355987 |
| Camarilla | 0.102797 | 0.115032 | 0.127266 | 0.139501 | 0.151736 | 0.163970 | 0.176205 |
| Woodie | -0.060701 | 0.030459 | 0.072767 | 0.163927 | 0.206235 | 0.297395 | 0.339703 |
| Fibonacci | 0.038601 | 0.089586 | 0.121084 | 0.172069 | 0.223054 | 0.254552 | 0.305537 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 29.51 | |
| MACD (12,26,9): | -0.0017 | |
| Directional Movement: | -21.733722 | |
| AROON (14): | -100.000000 | |
| DEMA (21): | 0.141993 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.145561 | |
| Elder Ray (13): | -0.002247 | |
| Super Trend (3,10): | 0.146052 | |
| Zig ZAG (10): | 0.140000 | |
| VORTEX (21): | 0.7734 | |
| Stochastique (14,3,5): | 7.47 | |
| TEMA (21): | 0.140909 | |
| Williams %R (14): | -98.86 | |
| Chande Momentum Oscillator (20): | -0.007297 | |
| Repulse (5,40,3): | -2.3374 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1138 | |
| Courbe Coppock: | 8.00 |
| MA7: | 0.145258 | |
| MA20: | 0.151405 | |
| MA50: | 0.182394 | |
| MA100: | 0.185712 | |
| MAexp7: | 0.141777 | |
| MAexp20: | 0.143976 | |
| MAexp50: | 0.145790 | |
| MAexp100: | 0.146292 | |
| Price / MA7: | -3.90% | |
| Price / MA20: | -7.80% | |
| Price / MA50: | -23.46% | |
| Price / MA100: | -24.83% | |
| Price / MAexp7: | -1.54% | |
| Price / MAexp20: | -3.04% | |
| Price / MAexp50: | -4.25% | |
| Price / MAexp100: | -4.57% |
Quotes :
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Real time data
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Cryptocompare