ORCHID PROTOCOL - OXT/USD - 1H - Technical analysis published on 08/10/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 0.067039 USD
My targets
0.069541 USD (+1.10%)
0.071906 USD (+4.54%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ORCHID PROTOCOL - OXT/USD as long as the price remains well above 0.067039 USD. The buyers' bullish objective is set at 0.069541 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.071906 USD. If there is any crossing, the next objective would be the resistance located at 0.073947 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORCHID PROTOCOL - OXT/USD price is 0.068782 USD. The price is lower by -0.10% since the last closing and was between 0.067666 USD and 0.069548 USD. This implies that the price is at +1.65% from its lowest and at -1.10% from its highest.0.067666
0.069548
0.068782
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ORCHID PROTOCOL - OXT/USD:
Technical
Technical analysis of ORCHID PROTOCOL - OXT/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.063037 | 0.064912 | 0.067039 | 0.068782 | 0.069541 | 0.071906 | 0.073947 |
| Change (%) | -8.35% | -5.63% | -2.53% | - | +1.10% | +4.54% | +7.51% |
| Change | -0.005745 | -0.003870 | -0.001743 | - | +0.000759 | +0.003124 | +0.005165 |
| Level | Major | Intermediate | Intermediate | - | Major | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.064878 | 0.065948 | 0.067400 | 0.068470 | 0.069922 | 0.070992 | 0.072444 |
| Camarilla | 0.068158 | 0.068389 | 0.068620 | 0.068851 | 0.069082 | 0.069313 | 0.069545 |
| Woodie | 0.065068 | 0.066044 | 0.067590 | 0.068566 | 0.070112 | 0.071088 | 0.072634 |
| Fibonacci | 0.065948 | 0.066912 | 0.067507 | 0.068470 | 0.069434 | 0.070029 | 0.070992 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.039302 | 0.052151 | 0.060180 | 0.073029 | 0.081058 | 0.093907 | 0.101936 |
| Camarilla | 0.062469 | 0.064382 | 0.066296 | 0.068210 | 0.070124 | 0.072038 | 0.073952 |
| Woodie | 0.036893 | 0.050946 | 0.057771 | 0.071824 | 0.078649 | 0.092702 | 0.099527 |
| Fibonacci | 0.052151 | 0.060126 | 0.065053 | 0.073029 | 0.081004 | 0.085931 | 0.093907 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019260 | 0.037475 | 0.056026 | 0.074241 | 0.092792 | 0.111007 | 0.129558 |
| Camarilla | 0.064467 | 0.067838 | 0.071208 | 0.074578 | 0.077948 | 0.081318 | 0.084689 |
| Woodie | 0.019429 | 0.037559 | 0.056195 | 0.074325 | 0.092961 | 0.111091 | 0.129727 |
| Fibonacci | 0.037475 | 0.051519 | 0.060196 | 0.074241 | 0.088285 | 0.096962 | 0.111007 |
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): | 59.25 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 6.034022 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.068929 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.067774 | |
| Elder Ray (13): | 0.000438 | |
| Super Trend (3,10): | 0.066903 | |
| Zig ZAG (10): | 0.068892 | |
| VORTEX (21): | 1.0806 | |
| Stochastique (14,3,5): | 69.04 | |
| TEMA (21): | 0.068879 | |
| Williams %R (14): | -34.86 | |
| Chande Momentum Oscillator (20): | 0.000041 | |
| Repulse (5,40,3): | 1.4358 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0391 | |
| Courbe Coppock: | 1.88 |
| MA7: | 0.065764 | |
| MA20: | 0.073965 | |
| MA50: | 0.073302 | |
| MA100: | 0.085387 | |
| MAexp7: | 0.068870 | |
| MAexp20: | 0.068580 | |
| MAexp50: | 0.067936 | |
| MAexp100: | 0.067250 | |
| Price / MA7: | +4.59% | |
| Price / MA20: | -7.01% | |
| Price / MA50: | -6.17% | |
| Price / MA100: | -19.45% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | +1.25% | |
| Price / MAexp100: | +2.28% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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