ONTOLOGY - ONT/USD - 1H - Technical analysis published on 12/11/2024 (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:
Neutral
Underlying:
Bearish
Technical indicators
33%
6%
61%
My opinion
Bearish under 0.310000 USD
My targets
0.250000 USD (-13.79%)
0.230000 USD (-20.69%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.310000 USD remains possible. It is advisable to trade ONTOLOGY - ONT/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.310000 USD. The next bearish objective for sellers is set at 0.250000 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.230000 USD. In case of crossing, the next objective would be the support located at 0.200000 USD. PS: if there is a bullish break in the resistance located at 0.310000 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ONTOLOGY - ONT/USD rating 0.290000 USD. The price registered an increase of +0.00% on the session with the lowest point at 0.270000 USD and the highest point at 0.290000 USD. The deviation from the price is +7.41% for the low point and 0% for the high point.0.270000
0.290000
0.290000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of ONTOLOGY - ONT/USD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
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 : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.200000 | 0.230000 | 0.250000 | 0.290000 | 0.290000 | 0.310000 | 0.350000 |
| Change (%) | -31.03% | -20.69% | -13.79% | 0% | - | +6.90% | +20.69% |
| Change | -0.090000 | -0.060000 | -0.040000 | 0 | - | +0.020000 | +0.060000 |
| Level | Intermediate | Minor | Intermediate | Major | - | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.223333 | 0.236667 | 0.263333 | 0.276667 | 0.303333 | 0.316667 | 0.343333 |
| Camarilla | 0.279000 | 0.282667 | 0.286333 | 0.290000 | 0.293667 | 0.297333 | 0.301000 |
| Woodie | 0.230000 | 0.240000 | 0.270000 | 0.280000 | 0.310000 | 0.320000 | 0.350000 |
| Fibonacci | 0.236667 | 0.251947 | 0.261387 | 0.276667 | 0.291947 | 0.301387 | 0.316667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.120000 | 0.200000 | 0.250000 | 0.330000 | 0.380000 | 0.460000 | 0.510000 |
| Camarilla | 0.264250 | 0.276167 | 0.288083 | 0.300000 | 0.311917 | 0.323833 | 0.335750 |
| Woodie | 0.105000 | 0.192500 | 0.235000 | 0.322500 | 0.365000 | 0.452500 | 0.495000 |
| Fibonacci | 0.200000 | 0.249660 | 0.280340 | 0.330000 | 0.379660 | 0.410340 | 0.460000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.010000 | 0.070000 | 0.180000 | 0.240000 | 0.350000 | 0.410000 | 0.520000 |
| Camarilla | 0.243250 | 0.258833 | 0.274417 | 0.290000 | 0.305583 | 0.321167 | 0.336750 |
| Woodie | 0.035000 | 0.082500 | 0.205000 | 0.252500 | 0.375000 | 0.422500 | 0.545000 |
| Fibonacci | 0.070000 | 0.134940 | 0.175060 | 0.240000 | 0.304940 | 0.345060 | 0.410000 |
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): | 49.05 | |
| MACD (12,26,9): | -0.0008 | |
| Directional Movement: | -5.842007 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.288209 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.290839 | |
| Elder Ray (13): | -0.009454 | |
| Super Trend (3,10): | 0.328679 | |
| Zig ZAG (10): | 0.290000 | |
| VORTEX (21): | 0.9783 | |
| Stochastique (14,3,5): | 100.00 | |
| TEMA (21): | 0.290091 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.000000 | |
| Repulse (5,40,3): | 17.4734 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0616 | |
| Courbe Coppock: | 0.34 |
| MA7: | 0.322857 | |
| MA20: | 0.303500 | |
| MA50: | 0.231600 | |
| MA100: | 0.207700 | |
| MAexp7: | 0.289648 | |
| MAexp20: | 0.289696 | |
| MAexp50: | 0.295103 | |
| MAexp100: | 0.305819 | |
| Price / MA7: | -10.18% | |
| Price / MA20: | -4.45% | |
| Price / MA50: | +25.22% | |
| Price / MA100: | +39.62% | |
| Price / MAexp7: | +0.12% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | -1.73% | |
| Price / MAexp100: | -5.17% |
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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