ONTOLOGY - ONT/USD

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- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ONTUSD
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ONTOLOGY - ONT/USD - Daily - Technical analysis published on 03/31/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

44%

28%

My opinion

Bullish above 0.207000 USD

My targets

0.250000 USD (+8.70%)

0.300000 USD (+30.43%)

My analysis

A bullish trend on ONTOLOGY - ONT/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.207000 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.250000 USD. Then the price could move towards 0.300000 USD. Then 0.425000 USD by extension. Be careful, a return below 0.207000 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

3.8

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 price is 0.230000 USD. On the day, this instrument gained +4.55% and was traded between 0.220000 USD and 0.230000 USD over the period. The price is currently at +4.55% from its lowest and 0% from its highest.

0.220000

0.230000

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this ONTOLOGY - ONT/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.150000	0.180000	0.207000	0.230000	0.250000	0.300000	0.425000
Change (%)	-34.78%	-21.74%	-10.00%	-	+8.70%	+30.43%	+84.78%
Change	-0.080000	-0.050000	-0.023000	-	+0.020000	+0.070000	+0.195000
Level	Intermediate	Minor	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.206667	0.213333	0.216667	0.223333	0.226667	0.233333	0.236667
Camarilla	0.217250	0.218167	0.219083	0.220000	0.220917	0.221833	0.222750
Woodie	0.205000	0.212500	0.215000	0.222500	0.225000	0.232500	0.235000
Fibonacci	0.213333	0.217153	0.219513	0.223333	0.227153	0.229513	0.233333

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.150000	0.180000	0.200000	0.230000	0.250000	0.280000	0.300000
Camarilla	0.206250	0.210833	0.215417	0.220000	0.224583	0.229167	0.233750
Woodie	0.145000	0.177500	0.195000	0.227500	0.245000	0.277500	0.295000
Fibonacci	0.180000	0.199100	0.210900	0.230000	0.249100	0.260900	0.280000

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.123333	0.166667	0.213333	0.256667	0.303333	0.346667	0.393333
Camarilla	0.235250	0.243500	0.251750	0.260000	0.268250	0.276500	0.284750
Woodie	0.125000	0.167500	0.215000	0.257500	0.305000	0.347500	0.395000
Fibonacci	0.166667	0.201047	0.222287	0.256667	0.291047	0.312287	0.346667

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):	48.64
MACD (12,26,9):	-0.0009
Directional Movement:	7.296153
AROON (14):	0
DEMA (21):	0.220370
Parabolic SAR (0,02-0,02-0,2):	0.204636
Elder Ray (13):	-0.001651
Super Trend (3,10):	0.168915
Zig ZAG (10):	0.220000
VORTEX (21):	1.0851
Stochastique (14,3,5):	27.91
TEMA (21):	0.220572
Williams %R (14):	-85.71
Chande Momentum Oscillator (20):	-0.030000
Repulse (5,40,3):	-2.1274
ROCnROLL:	2
TRIX (15,9):	-0.1242
Courbe Coppock:	5.23

MA7:	0.221429
MA20:	0.219500
MA50:	0.230200
MA100:	0.208600
MAexp7:	0.221684
MAexp20:	0.222038
MAexp50:	0.221837
MAexp100:	0.216740
Price / MA7:	+3.87%
Price / MA20:	+4.78%
Price / MA50:	-0.09%
Price / MA100:	+10.26%
Price / MAexp7:	+3.75%
Price / MAexp20:	+3.59%
Price / MAexp50:	+3.68%
Price / MAexp100:	+6.12%

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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Londinia AI

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