ONTOLOGY - ONT/USD - 1H - Technical analysis published on 06/02/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
39%
11%
50%
My opinion
Bullish above 0.280000 USD
My targets
0.300000 USD (+3.45%)
0.307500 USD (+6.03%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for ONTOLOGY - ONT/USD as long as the price remains well above 0.280000 USD. The buyers' bullish objective is set at 0.300000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.307500 USD. If there is any crossing, the next objective would be the resistance located at 0.340000 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.300000 USD. On this resistance, against the trend traders who would like to go short on ONTOLOGY - ONT/USD with a bearish signal from their trading strategy, should not hesitate to act.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
1.3
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Additional analysis
Quotes
The ONTOLOGY - ONT/USD rating is 0.290000 USD. The price has increased by +7.41% since the last closing and was between 0.270000 USD and 0.290000 USD. This implies that the price is at +7.41% from its lowest and at 0% from its highest.0.270000
0.290000
0.290000
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ONTOLOGY - ONT/USD:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ONTOLOGY - ONT/USD chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.260000 | 0.270000 | 0.280000 | 0.290000 | 0.300000 | 0.307500 | 0.340000 |
| Change (%) | -10.34% | -6.90% | -3.45% | - | +3.45% | +6.03% | +17.24% |
| Change | -0.030000 | -0.020000 | -0.010000 | - | +0.010000 | +0.017500 | +0.050000 |
| Level | Intermediate | Major | Minor | - | Minor | Major | Major |
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 | 0.243333 | 0.256667 | 0.263333 | 0.276667 | 0.283333 | 0.296667 | 0.303333 |
| Camarilla | 0.264500 | 0.266333 | 0.268167 | 0.270000 | 0.271833 | 0.273667 | 0.275500 |
| Woodie | 0.240000 | 0.255000 | 0.260000 | 0.275000 | 0.280000 | 0.295000 | 0.300000 |
| Fibonacci | 0.256667 | 0.264307 | 0.269027 | 0.276667 | 0.284307 | 0.289027 | 0.296667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.163333 | 0.216667 | 0.243333 | 0.296667 | 0.323333 | 0.376667 | 0.403333 |
| Camarilla | 0.248000 | 0.255333 | 0.262667 | 0.270000 | 0.277333 | 0.284667 | 0.292000 |
| Woodie | 0.150000 | 0.210000 | 0.230000 | 0.290000 | 0.310000 | 0.370000 | 0.390000 |
| Fibonacci | 0.216667 | 0.247227 | 0.266107 | 0.296667 | 0.327227 | 0.346107 | 0.376667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.123333 | 0.196667 | 0.243333 | 0.316667 | 0.363333 | 0.436667 | 0.483333 |
| Camarilla | 0.257000 | 0.268000 | 0.279000 | 0.290000 | 0.301000 | 0.312000 | 0.323000 |
| Woodie | 0.110000 | 0.190000 | 0.230000 | 0.310000 | 0.350000 | 0.430000 | 0.470000 |
| Fibonacci | 0.196667 | 0.242507 | 0.270827 | 0.316667 | 0.362507 | 0.390827 | 0.436667 |
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): | 51.73 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | -6.442112 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.279973 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.290000 | |
| Elder Ray (13): | -0.001453 | |
| Super Trend (3,10): | 0.236648 | |
| Zig ZAG (10): | 0.290000 | |
| VORTEX (21): | 0.9524 | |
| Stochastique (14,3,5): | 33.33 | |
| TEMA (21): | 0.284261 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | 10.3014 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0525 | |
| Courbe Coppock: | 2.11 |
| MA7: | 0.298571 | |
| MA20: | 0.305500 | |
| MA50: | 0.338000 | |
| MA100: | 0.336100 | |
| MAexp7: | 0.284596 | |
| MAexp20: | 0.284790 | |
| MAexp50: | 0.288292 | |
| MAexp100: | 0.293643 | |
| Price / MA7: | -2.87% | |
| Price / MA20: | -5.07% | |
| Price / MA50: | -14.20% | |
| Price / MA100: | -13.72% | |
| Price / MAexp7: | +1.90% | |
| Price / MAexp20: | +1.83% | |
| Price / MAexp50: | +0.59% | |
| Price / MAexp100: | -1.24% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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