ONTOLOGY - ONT/USD

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Type:	Cryptocurrencies
Ticker:	ONTUSD
ISIN:

ONTOLOGY - ONT/USD - 1H - Technical analysis published on 09/21/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

56%

11%

33%

My opinion

Bullish above 0.200000 USD

My targets

0.233333 USD (+11.11%)

0.266667 USD (+26.98%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ONTOLOGY - ONT/USD as long as the price remains well above 0.200000 USD. The buyers' bullish objective is set at 0.233333 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.266667 USD. If there is any crossing, the next objective would be the resistance located at 0.280000 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

6.8

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 0.210000 USD. On the day, this instrument gained +10.53% with the lowest point at 0.190000 USD and the highest point at 0.210000 USD. The deviation from the price is +10.53% for the low point and 0% for the high point.

0.190000

0.210000

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of ONTOLOGY - ONT/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

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:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

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	R3
ProTrendLines	0.170000	0.180000	0.200000	0.210000	0.280000	0.310000	0.380000
Change (%)	-19.05%	-14.29%	-4.76%	-	+33.33%	+47.62%	+80.95%
Change	-0.040000	-0.030000	-0.010000	-	+0.070000	+0.100000	+0.170000
Level	Minor	Major	Intermediate	-	Minor	Minor	Minor

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	0.173333	0.176667	0.183333	0.186667	0.193333	0.196667	0.203333
Camarilla	0.187250	0.188167	0.189083	0.190000	0.190917	0.191833	0.192750
Woodie	0.175000	0.177500	0.185000	0.187500	0.195000	0.197500	0.205000
Fibonacci	0.176667	0.180487	0.182847	0.186667	0.190487	0.192847	0.196667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.140000	0.150000	0.160000	0.170000	0.180000	0.190000	0.200000
Camarilla	0.164500	0.166333	0.168167	0.170000	0.171833	0.173667	0.175500
Woodie	0.140000	0.150000	0.160000	0.170000	0.180000	0.190000	0.200000
Fibonacci	0.150000	0.157640	0.162360	0.170000	0.177640	0.182360	0.190000

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.056667	0.093333	0.126667	0.163333	0.196667	0.233333	0.266667
Camarilla	0.140750	0.147167	0.153583	0.160000	0.166417	0.172833	0.179250
Woodie	0.055000	0.092500	0.125000	0.162500	0.195000	0.232500	0.265000
Fibonacci	0.093333	0.120073	0.136593	0.163333	0.190073	0.206593	0.233333

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	64.42
MACD (12,26,9):	0.0024
Directional Movement:	13.167841
AROON (14):	92.857143
DEMA (21):	0.194164
Parabolic SAR (0,02-0,02-0,2):	0.182473
Elder Ray (13):	0.002668
Super Trend (3,10):	0.184017
Zig ZAG (10):	0.200000
VORTEX (21):	1.0000
Stochastique (14,3,5):	55.56
TEMA (21):	0.192012
Williams %R (14):	-66.67
Chande Momentum Oscillator (20):	0.000000
Repulse (5,40,3):	-8.4625
ROCnROLL:	1
TRIX (15,9):	0.1464
Courbe Coppock:	3.44

MA7:	0.175714
MA20:	0.171000
MA50:	0.170800
MA100:	0.184400
MAexp7:	0.191402
MAexp20:	0.190166
MAexp50:	0.186744
MAexp100:	0.181790
Price / MA7:	+19.51%
Price / MA20:	+22.81%
Price / MA50:	+22.95%
Price / MA100:	+13.88%
Price / MAexp7:	+9.72%
Price / MAexp20:	+10.43%
Price / MAexp50:	+12.45%
Price / MAexp100:	+15.52%

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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