ORIGIN PROTOCOL - OGN/USDT - Daily - Technical analysis published on 07/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 0.280540 USDT
My targets
0.339900 USDT (+8.28%)
0.376400 USDT (+19.91%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ORIGIN PROTOCOL - OGN/USDT. As long as you are above the support located at 0.280540 USDT, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.339900 USDT would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.376400 USDT as an objective. Crossing it would then enable buyers to target 0.469100 USDT. If the support 0.280540 USDT were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.9
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USDT rating is 0.313900 USDT. The price has increased by +4.22% since the last closing and was traded between 0.295500 USDT and 0.324800 USDT over the period. The price is currently at +6.23% from its lowest and -3.36% from its highest.0.295500
0.324800
0.313900
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this ORIGIN PROTOCOL - OGN/USDT chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near support of triangle
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
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:
Three black crows
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.170600 | 0.241000 | 0.280540 | 0.313900 | 0.339900 | 0.376400 | 0.469100 |
| Change (%) | -45.65% | -23.22% | -10.63% | - | +8.28% | +19.91% | +49.44% |
| Change | -0.143300 | -0.072900 | -0.033360 | - | +0.026000 | +0.062500 | +0.155200 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.242000 | 0.266400 | 0.283800 | 0.308200 | 0.325600 | 0.350000 | 0.367400 |
| Camarilla | 0.289705 | 0.293537 | 0.297368 | 0.301200 | 0.305032 | 0.308863 | 0.312695 |
| Woodie | 0.238500 | 0.264650 | 0.280300 | 0.306450 | 0.322100 | 0.348250 | 0.363900 |
| Fibonacci | 0.266400 | 0.282368 | 0.292232 | 0.308200 | 0.324168 | 0.334032 | 0.350000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.171000 | 0.245000 | 0.286700 | 0.360700 | 0.402400 | 0.476400 | 0.518100 |
| Camarilla | 0.296583 | 0.307188 | 0.317794 | 0.328400 | 0.339006 | 0.349612 | 0.360218 |
| Woodie | 0.154850 | 0.236925 | 0.270550 | 0.352625 | 0.386250 | 0.468325 | 0.501950 |
| Fibonacci | 0.245000 | 0.289197 | 0.316503 | 0.360700 | 0.404897 | 0.432203 | 0.476400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.169567 | 0.007167 | 0.136433 | 0.313167 | 0.442433 | 0.619167 | 0.748433 |
| Camarilla | 0.181550 | 0.209600 | 0.237650 | 0.265700 | 0.293750 | 0.321800 | 0.349850 |
| Woodie | -0.193300 | -0.004700 | 0.112700 | 0.301300 | 0.418700 | 0.607300 | 0.724700 |
| Fibonacci | 0.007167 | 0.124059 | 0.196275 | 0.313167 | 0.430059 | 0.502275 | 0.619167 |
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): | 49.00 | |
| MACD (12,26,9): | 0.0107 | |
| Directional Movement: | 7.796812 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.339215 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.290800 | |
| Elder Ray (13): | -0.016755 | |
| Super Trend (3,10): | 0.270740 | |
| Zig ZAG (10): | 0.313200 | |
| VORTEX (21): | 1.0409 | |
| Stochastique (14,3,5): | 20.08 | |
| TEMA (21): | 0.334915 | |
| Williams %R (14): | -77.26 | |
| Chande Momentum Oscillator (20): | 0.015000 | |
| Repulse (5,40,3): | -4.0814 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.8477 | |
| Courbe Coppock: | 16.13 |
| MA7: | 0.332486 | |
| MA20: | 0.327620 | |
| MA50: | 0.293600 | |
| MA100: | 0.246414 | |
| MAexp7: | 0.324593 | |
| MAexp20: | 0.321676 | |
| MAexp50: | 0.294371 | |
| MAexp100: | 0.267168 | |
| Price / MA7: | -5.59% | |
| Price / MA20: | -4.19% | |
| Price / MA50: | +6.91% | |
| Price / MA100: | +27.39% | |
| Price / MAexp7: | -3.29% | |
| Price / MAexp20: | -2.42% | |
| Price / MAexp50: | +6.63% | |
| Price / MAexp100: | +17.49% |
Quotes :
2020-07-28 18:51:05
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Real time data
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Cryptocompare
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