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

OKB - OKB/USD - 1H - Technical analysis published on 09/08/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 15.84 USD
My targets
17.45 USD (+6.42%)
18.11 USD (+10.41%)
My analysis
The strong short-term increase for OKX - OKB/USD reinforces the current slightly bullish trend. As long as the price remains above 15.84 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 17.45 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 18.11 USD as an objective. A return to 15.84 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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
4.6

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily

Additional analysis

Quotes

OKX - OKB/USD rating 16.40 USD. The price has increased by +16.07% since the last closing and was traded between 13.56 USD and 16.83 USD over the period. The price is currently at +20.94% from its lowest and -2.55% from its highest.

13.56
16.83
16.40

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of OKX - OKB/USD indicates that the overall trend is slightly bullish. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

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 scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 15.19 15.55 15.84 16.40
Change (%) -7.38% -5.18% -3.41% -
Change -1.21 -0.85 -0.56 -
Level Intermediate Intermediate 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
Standard12.1712.7713.4514.0514.7315.3316.01
Camarilla13.7813.9014.0114.1314.2514.3714.48
Woodie12.2112.7913.4914.0714.7715.3516.05
Fibonacci12.7713.2613.5614.0514.5414.8415.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.8013.9114.5715.6816.3417.4518.11
Camarilla14.7314.9015.0615.2215.3815.5515.71
Woodie12.5713.8014.3415.5716.1117.3417.88
Fibonacci13.9114.5915.0115.6816.3616.7817.45


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.619.8212.5917.8020.5725.7828.55
Camarilla13.1713.9014.6315.3616.0916.8217.56
Woodie3.399.2111.3717.1919.3525.1727.33
Fibonacci9.8212.8714.7517.8020.8522.7325.78

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): 59.95
MACD (12,26,9): 0.0300
Directional Movement: 20.90
AROON (14): 28.57
DEMA (21): 14.10
Parabolic SAR (0,02-0,02-0,2): 13.59
Elder Ray (13): 0.71
Super Trend (3,10): 13.68
Zig ZAG (10): 14.82
VORTEX (21): 1.1000
Stochastique (14,3,5): 58.48
TEMA (21): 14.31
Williams %R (14): -22.28
Chande Momentum Oscillator (20): 0.75
Repulse (5,40,3): 7.3800
ROCnROLL: 1
TRIX (15,9): -0.0700
Courbe Coppock: 0.82
MA7: 14.99
MA20: 16.09
MA50: 17.38
MA100: 14.72
MAexp7: 14.32
MAexp20: 14.16
MAexp50: 14.30
MAexp100: 14.62
Price / MA7: +9.41%
Price / MA20: +1.93%
Price / MA50: -5.64%
Price / MA100: +11.41%
Price / MAexp7: +14.53%
Price / MAexp20: +15.82%
Price / MAexp50: +14.69%
Price / MAexp100: +12.18%

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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