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OKB - OKB/USD
OKB - OKB/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: OKBUSD
ISIN:

OKB - OKB/USD - 1H - Technical analysis published on 08/12/2022 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 19.59 USD
My targets
20.80 USD (+1.95%)
My analysis
The bullish trend is currently very strong on OKX - OKB/USD. As long as the price remains above the support at 19.59 USD, you could try to benefit from the boom. The first bullish objective is located at 20.80 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
0
10
8.6

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.

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15 min. Daily

Additional analysis

Quotes

The OKX - OKB/USD rating is 20.40 USD. The price has increased by +8.86% since the last closing and was between 18.54 USD and 21.22 USD. This implies that the price is at +10.03% from its lowest and at -3.86% from its highest.

18.54
21.22
20.40

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this OKX - OKB/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bearish signals that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 19.13 19.35 19.59 20.40
Change (%) -6.23% -5.15% -3.97% -
Change -1.27 -1.05 -0.81 -
Level Minor Intermediate Intermediate -



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
Standard17.7218.1818.4618.9219.2019.6619.94
Camarilla18.5418.6018.6718.7418.8118.8818.94
Woodie17.6318.1418.3718.8819.1119.6219.85
Fibonacci18.1818.4618.6418.9219.2019.3819.66


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.8516.5817.5018.2319.1519.8820.80
Camarilla17.9618.1118.2618.4118.5618.7118.86
Woodie15.9416.6317.5918.2819.2419.9320.89
Fibonacci16.5817.2117.6018.2318.8619.2519.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.388.5013.4316.5521.4824.6029.53
Camarilla16.1616.8917.6318.3719.1119.8520.58
Woodie6.308.9514.3517.0022.4025.0530.45
Fibonacci8.5011.5713.4716.5519.6221.5224.60

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): 82.51
MACD (12,26,9): 0.1600
Directional Movement: 41.59
AROON (14): 50.00
DEMA (21): 19.28
Parabolic SAR (0,02-0,02-0,2): 18.58
Elder Ray (13): 1.19
Super Trend (3,10): 19.47
Zig ZAG (10): 20.27
VORTEX (21): 1.2000
Stochastique (14,3,5): 81.73
TEMA (21): 19.37
Williams %R (14): -16.02
Chande Momentum Oscillator (20): 1.44
Repulse (5,40,3): 6.5300
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 3.37
MA7: 18.87
MA20: 17.80
MA50: 14.91
MA100: 13.59
MAexp7: 19.55
MAexp20: 19.15
MAexp50: 18.96
MAexp100: 18.76
Price / MA7: +8.11%
Price / MA20: +14.61%
Price / MA50: +36.82%
Price / MA100: +50.11%
Price / MAexp7: +4.35%
Price / MAexp20: +6.53%
Price / MAexp50: +7.59%
Price / MAexp100: +8.74%

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
Londinia AI

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