ONTOLOGY - ONT/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	ONTUSD
ISIN:

ONTOLOGY - ONT/USD - 1H - Technical analysis published on 01/31/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

33%

22%

44%

My opinion

Bullish above 0.230000 USD

My targets

0.250000 USD (+4.17%)

0.260000 USD (+8.33%)

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 0.230000 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 0.260000 USD. Be careful, a return below 0.230000 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

3.9

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

ONTOLOGY - ONT/USD rating 0.240000 USD. On the day, this instrument gained +4.35% and was between 0.210000 USD and 0.260000 USD. This implies that the price is at +14.29% from its lowest and at -7.69% from its highest.

0.210000

0.260000

0.240000

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

Abnormal volumes on ONTOLOGY - ONT/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 1H chart of ONTOLOGY - ONT/USD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour

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 : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.200000	0.220000	0.230000	0.240000	0.250000	0.260000
Change (%)	-16.67%	-8.33%	-4.17%	-	+4.17%	+8.33%
Change	-0.040000	-0.020000	-0.010000	-	+0.010000	+0.020000
Level	Minor	Intermediate	Major	-	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	0.156667	0.183333	0.206667	0.233333	0.256667	0.283333	0.306667
Camarilla	0.216250	0.220833	0.225417	0.230000	0.234583	0.239167	0.243750
Woodie	0.155000	0.182500	0.205000	0.232500	0.255000	0.282500	0.305000
Fibonacci	0.183333	0.202433	0.214233	0.233333	0.252433	0.264233	0.283333

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.143333	0.166667	0.203333	0.226667	0.263333	0.286667	0.323333
Camarilla	0.223500	0.229000	0.234500	0.240000	0.245500	0.251000	0.256500
Woodie	0.150000	0.170000	0.210000	0.230000	0.270000	0.290000	0.330000
Fibonacci	0.166667	0.189587	0.203747	0.226667	0.249587	0.263747	0.286667

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.053333	0.126667	0.233333	0.306667	0.413333	0.486667	0.593333
Camarilla	0.290500	0.307000	0.323500	0.340000	0.356500	0.373000	0.389500
Woodie	0.070000	0.135000	0.250000	0.315000	0.430000	0.495000	0.610000
Fibonacci	0.126667	0.195427	0.237907	0.306667	0.375427	0.417907	0.486667

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):	50.92
MACD (12,26,9):	-0.0012
Directional Movement:	2.437683
AROON (14):	-50.000000
DEMA (21):	0.227971
Parabolic SAR (0,02-0,02-0,2):	0.210000
Elder Ray (13):	0.000080
Super Trend (3,10):	0.196305
Zig ZAG (10):	0.210000
VORTEX (21):	0.9831
Stochastique (14,3,5):	53.33
TEMA (21):	0.223255
Williams %R (14):	-40.00
Chande Momentum Oscillator (20):	-0.030000
Repulse (5,40,3):	-24.0041
ROCnROLL:	1
TRIX (15,9):	-0.1746
Courbe Coppock:	9.09

MA7:	0.237143
MA20:	0.241000
MA50:	0.245400
MA100:	0.233800
MAexp7:	0.233719
MAexp20:	0.238466
MAexp50:	0.238777
MAexp100:	0.238049
Price / MA7:	+1.20%
Price / MA20:	-0.41%
Price / MA50:	-2.20%
Price / MA100:	+2.65%
Price / MAexp7:	+2.69%
Price / MAexp20:	+0.64%
Price / MAexp50:	+0.51%
Price / MAexp100:	+0.82%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

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