ORCHID PROTOCOL - OXT/USD - 1H - Technical analysis published on 12/13/2024 (GMT)
- 105
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
33%
28%
39%
My opinion
Neutral between 0.115775 USD and 0.130432 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 0.115775 USD. The first resistance is located at 0.130432 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by ORCHID PROTOCOL - OXT/USD.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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:
Additional analysis
Quotes
The ORCHID PROTOCOL - OXT/USD price is 0.122842 USD. The price is lower by -0.66% since the last closing and was between 0.120249 USD and 0.128307 USD. This implies that the price is at +2.16% from its lowest and at -4.26% from its highest.0.120249
0.128307
0.122842
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ORCHID PROTOCOL - OXT/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ORCHID PROTOCOL - OXT/USD in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could turn neutral or reverse given the slightly bearish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
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:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.107424 | 0.113102 | 0.122112 | 0.122842 | 0.130432 | 0.135110 | 0.141518 |
| Change (%) | -12.55% | -7.93% | -0.59% | - | +6.18% | +9.99% | +15.20% |
| Change | -0.015418 | -0.009740 | -0.000730 | - | +0.007590 | +0.012268 | +0.018676 |
| Level | Minor | Intermediate | Minor | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.106309 | 0.113964 | 0.118810 | 0.126465 | 0.131311 | 0.138966 | 0.143812 |
| Camarilla | 0.120218 | 0.121364 | 0.122510 | 0.123656 | 0.124802 | 0.125948 | 0.127094 |
| Woodie | 0.104905 | 0.113262 | 0.117406 | 0.125763 | 0.129907 | 0.138264 | 0.142408 |
| Fibonacci | 0.113964 | 0.118739 | 0.121690 | 0.126465 | 0.131240 | 0.134191 | 0.138966 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.076844 | 0.093650 | 0.115775 | 0.132581 | 0.154706 | 0.171512 | 0.193637 |
| Camarilla | 0.127194 | 0.130763 | 0.134331 | 0.137900 | 0.141469 | 0.145037 | 0.148606 |
| Woodie | 0.079504 | 0.094980 | 0.118435 | 0.133911 | 0.157366 | 0.172842 | 0.196297 |
| Fibonacci | 0.093650 | 0.108522 | 0.117709 | 0.132581 | 0.147453 | 0.156640 | 0.171512 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.034452 | 0.011607 | 0.065854 | 0.111913 | 0.166160 | 0.212219 | 0.266466 |
| Camarilla | 0.092517 | 0.101712 | 0.110906 | 0.120101 | 0.129296 | 0.138490 | 0.147685 |
| Woodie | -0.030358 | 0.013654 | 0.069948 | 0.113960 | 0.170254 | 0.214266 | 0.270560 |
| Fibonacci | 0.011607 | 0.049924 | 0.073596 | 0.111913 | 0.150230 | 0.173902 | 0.212219 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.81 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -1.857089 | |
| AROON (14): | -64.285714 | |
| DEMA (21): | 0.123073 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.120342 | |
| Elder Ray (13): | -0.000049 | |
| Super Trend (3,10): | 0.120680 | |
| Zig ZAG (10): | 0.122978 | |
| VORTEX (21): | 1.0419 | |
| Stochastique (14,3,5): | 41.77 | |
| TEMA (21): | 0.122436 | |
| Williams %R (14): | -53.27 | |
| Chande Momentum Oscillator (20): | -0.001503 | |
| Repulse (5,40,3): | 0.9241 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0331 | |
| Courbe Coppock: | 2.67 |
| MA7: | 0.124339 | |
| MA20: | 0.123288 | |
| MA50: | 0.091724 | |
| MA100: | 0.082370 | |
| MAexp7: | 0.123070 | |
| MAexp20: | 0.123479 | |
| MAexp50: | 0.123021 | |
| MAexp100: | 0.123002 | |
| Price / MA7: | -1.20% | |
| Price / MA20: | -0.36% | |
| Price / MA50: | +33.93% | |
| Price / MA100: | +49.13% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.52% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | -0.13% |
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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