ONTOLOGY - ONT/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ONTUSD
ISIN:

ONTOLOGY - ONT/USD - Daily - Technical analysis published on 12/20/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

67%

11%

My opinion

Bearish under 0.203333 USD

My targets

0.160000 USD (-5.88%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ONTOLOGY - ONT/USD as long as the price remains well below 0.203333 USD. The sellers' bearish objective is set at 0.160000 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ONTOLOGY - ONT/USD rating is 0.170000 USD. On the day, this instrument gained +13.33% with the lowest point at 0.150000 USD and the highest point at 0.170000 USD. The deviation from the price is +13.33% for the low point and 0% for the high point.

0.150000

0.170000

Here is a more detailed summary of the historical variations registered by ONTOLOGY - ONT/USD:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ONTOLOGY - ONT/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.160000	0.170000	0.210000	0.230000	0.260000
Change (%)	-5.88%	-	+23.53%	+35.29%	+52.94%
Change	-0.010000	-	+0.040000	+0.060000	+0.090000
Level	Major	-	Intermediate	Major	Minor

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	0.123333	0.136667	0.143333	0.156667	0.163333	0.176667	0.183333
Camarilla	0.144500	0.146333	0.148167	0.150000	0.151833	0.153667	0.155500
Woodie	0.120000	0.135000	0.140000	0.155000	0.160000	0.175000	0.180000
Fibonacci	0.136667	0.144307	0.149027	0.156667	0.164307	0.169027	0.176667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.113333	0.136667	0.153333	0.176667	0.193333	0.216667	0.233333
Camarilla	0.159000	0.162667	0.166333	0.170000	0.173667	0.177333	0.181000
Woodie	0.110000	0.135000	0.150000	0.175000	0.190000	0.215000	0.230000
Fibonacci	0.136667	0.151947	0.161387	0.176667	0.191947	0.201387	0.216667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.046667	0.103333	0.146667	0.203333	0.246667	0.303333	0.346667
Camarilla	0.162500	0.171667	0.180833	0.190000	0.199167	0.208333	0.217500
Woodie	0.040000	0.100000	0.140000	0.200000	0.240000	0.300000	0.340000
Fibonacci	0.103333	0.141533	0.165133	0.203333	0.241533	0.265133	0.303333

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):	44.13
MACD (12,26,9):	-0.0069
Directional Movement:	-12.304203
AROON (14):	-42.857143
DEMA (21):	0.170257
Parabolic SAR (0,02-0,02-0,2):	0.217611
Elder Ray (13):	-0.013732
Super Trend (3,10):	0.205712
Zig ZAG (10):	0.170000
VORTEX (21):	0.9189
Stochastique (14,3,5):	8.33
TEMA (21):	0.166491
Williams %R (14):	-100.00
Chande Momentum Oscillator (20):	-0.040000
Repulse (5,40,3):	-19.6122
ROCnROLL:	2
TRIX (15,9):	-0.1542
Courbe Coppock:	21.41

MA7:	0.171429
MA20:	0.183000
MA50:	0.185400
MA100:	0.203200
MAexp7:	0.171248
MAexp20:	0.177603
MAexp50:	0.187400
MAexp100:	0.205133
Price / MA7:	-0.83%
Price / MA20:	-7.10%
Price / MA50:	-8.31%
Price / MA100:	-16.34%
Price / MAexp7:	-0.73%
Price / MAexp20:	-4.28%
Price / MAexp50:	-9.28%
Price / MAexp100:	-17.13%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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