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

ORCHID - OXT/USD - 1H - Technical analysis published on 07/19/2023 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
17%
33%
50%
My opinion
Bearish under 0.050932 USD
My targets
0.049618 USD (-1.01%)
0.048840 USD (-2.56%)
My analysis
The bearish basic trend is very strong on ORCHID PROTOCOL - OXT/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.050932 USD. Crossing the first support at 0.049618 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.048840 USD as an objective. Crossing it would then enable sellers to target 0.048225 USD. Caution, a return to above the resistance located at 0.050932 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9

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 Weekly

Additional analysis

Quotes

The ORCHID PROTOCOL - OXT/USD rating is 0.050123 USD. On the day, this instrument lost -0.02% with the lowest point at 0.049946 USD and the highest point at 0.050806 USD. The deviation from the price is +0.35% for the low point and -1.34% for the high point.

0.049946
0.050806
0.050123

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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 for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ORCHID PROTOCOL - OXT/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.048225 0.048840 0.049618 0.050123 0.050250 0.050932 0.051744
Change (%) -3.79% -2.56% -1.01% - +0.25% +1.61% +3.23%
Change -0.001898 -0.001283 -0.000505 - +0.000127 +0.000809 +0.001621
Level Major Intermediate Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0468540.0481500.0491420.0504380.0514300.0527260.053718
Camarilla0.0495050.0497150.0499240.0501340.0503440.0505540.050763
Woodie0.0467020.0480740.0489900.0503620.0512780.0526500.053566
Fibonacci0.0481500.0490240.0495640.0504380.0513120.0518520.052726


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0422090.0455250.0488080.0521240.0554070.0587230.062006
Camarilla0.0502770.0508820.0514870.0520920.0526970.0533020.053907
Woodie0.0421940.0455170.0487930.0521160.0553920.0587150.061991
Fibonacci0.0455250.0480460.0496030.0521240.0546450.0562020.058723


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0205320.0334120.0425500.0554300.0645680.0774480.086586
Camarilla0.0456320.0476500.0496690.0516870.0537050.0557240.057742
Woodie0.0186600.0324770.0406780.0544950.0626960.0765130.084714
Fibonacci0.0334120.0418230.0470200.0554300.0638410.0690380.077448

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): 45.38
MACD (12,26,9): -0.0001
Directional Movement: -0.292369
AROON (14): -35.714285
DEMA (21): 0.050105
Parabolic SAR (0,02-0,02-0,2): 0.050739
Elder Ray (13): -0.000011
Super Trend (3,10): 0.051017
Zig ZAG (10): 0.050169
VORTEX (21): 0.8890
Stochastique (14,3,5): 33.47
TEMA (21): 0.050165
Williams %R (14): -74.07
Chande Momentum Oscillator (20): -0.000028
Repulse (5,40,3): 0.2360
ROCnROLL: 2
TRIX (15,9): -0.0457
Courbe Coppock: 0.34
MA7: 0.051594
MA20: 0.052373
MA50: 0.054221
MA100: 0.065231
MAexp7: 0.050202
MAexp20: 0.050311
MAexp50: 0.050686
MAexp100: 0.051176
Price / MA7: -2.85%
Price / MA20: -4.30%
Price / MA50: -7.56%
Price / MA100: -23.16%
Price / MAexp7: -0.16%
Price / MAexp20: -0.37%
Price / MAexp50: -1.11%
Price / MAexp100: -2.06%

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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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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