OKB - OKB/USDT - 1H - Technical analysis published on 11/18/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 19.20 USDT
My targets
20.06 USDT (+0.91%)
20.51 USDT (+3.17%)
My analysis
OKB - OKB/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 19.20 USDT. The next resistance located at 20.06 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 20.51 USDT. After this resistance, buyers could then target 21.86 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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Additional analysis
Quotes
OKB - OKB/USDT rating 19.88 USDT. On the day, this instrument gained +4.80% and was between 18.88 USDT and 20.04 USDT. This implies that the price is at +5.30% from its lowest and at -0.80% from its highest.18.88
20.04
19.88
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of OKB - OKB/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
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 | 17.74 | 18.52 | 19.20 | 19.88 | 20.06 | 20.51 | 21.86 |
| Change (%) | -10.76% | -6.84% | -3.42% | - | +0.91% | +3.17% | +9.96% |
| Change | -2.14 | -1.36 | -0.68 | - | +0.18 | +0.63 | +1.98 |
| Level | Minor | Intermediate | Major | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.65 | 18.08 | 18.53 | 18.96 | 19.41 | 19.84 | 20.29 |
| Camarilla | 18.73 | 18.81 | 18.89 | 18.97 | 19.05 | 19.13 | 19.21 |
| Woodie | 17.65 | 18.09 | 18.53 | 18.97 | 19.41 | 19.85 | 20.29 |
| Fibonacci | 18.08 | 18.42 | 18.63 | 18.96 | 19.30 | 19.51 | 19.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.84 | 13.05 | 15.72 | 19.93 | 22.60 | 26.81 | 29.48 |
| Camarilla | 16.50 | 17.13 | 17.76 | 18.39 | 19.02 | 19.65 | 20.28 |
| Woodie | 8.07 | 12.67 | 14.95 | 19.55 | 21.83 | 26.43 | 28.71 |
| Fibonacci | 13.05 | 15.68 | 17.30 | 19.93 | 22.56 | 24.18 | 26.81 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.10 | 14.09 | 15.63 | 16.62 | 18.16 | 19.15 | 20.69 |
| Camarilla | 16.48 | 16.72 | 16.95 | 17.18 | 17.41 | 17.64 | 17.88 |
| Woodie | 13.39 | 14.23 | 15.92 | 16.76 | 18.45 | 19.29 | 20.98 |
| Fibonacci | 14.09 | 15.05 | 15.65 | 16.62 | 17.58 | 18.18 | 19.15 |
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): | 71.72 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | 31.39 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 19.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.37 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 19.46 | |
| Zig ZAG (10): | 19.80 | |
| VORTEX (21): | 1.2700 | |
| Stochastique (14,3,5): | 78.68 | |
| TEMA (21): | 19.92 | |
| Williams %R (14): | -21.50 | |
| Chande Momentum Oscillator (20): | 0.76 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 7.82 |
| MA7: | 18.85 | |
| MA20: | 19.19 | |
| MA50: | 17.26 | |
| MA100: | 16.95 | |
| MAexp7: | 19.76 | |
| MAexp20: | 19.53 | |
| MAexp50: | 19.30 | |
| MAexp100: | 19.16 | |
| Price / MA7: | +5.46% | |
| Price / MA20: | +3.60% | |
| Price / MA50: | +15.18% | |
| Price / MA100: | +17.29% | |
| Price / MAexp7: | +0.61% | |
| Price / MAexp20: | +1.79% | |
| Price / MAexp50: | +3.01% | |
| Price / MAexp100: | +3.76% |
Quotes :
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Real time data
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