ORIGIN PROTOCOL - OGN/USDT
ORIGIN PROTOCOL - OGN/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: OGNUSDT
ISIN:

ORIGIN PROTOCOL - OGN/USDT - Daily - Technical analysis published on 08/30/2021 (GMT)

  • 274
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1.16 USDT
My targets
1.39 USDT (+15.58%)
1.46 USDT (+21.67%)
My analysis
The bullish trend is currently very strong on ORIGIN PROTOCOL - OGN/USDT. As long as the price remains above the support at 1.16 USDT, you could try to benefit from the boom. The first bullish objective is located at 1.39 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.46 USDT as an objective. Crossing it would then enable buyers to target 1.96 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

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 finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ORIGIN PROTOCOL - OGN/USDT price is 1.20 USDT. The price has increased by +14.29% since the last closing and was traded between 1.05 USDT and 1.25 USDT over the period. The price is currently at +14.29% from its lowest and -4.00% from its highest.

1.05
1.25
1.20

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



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this ORIGIN PROTOCOL - OGN/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

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 this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.60 0.94 1.16 1.20 1.46 1.96 3.09
Change (%) -50.00% -21.67% -3.33% - +21.67% +63.33% +157.50%
Change -0.60 -0.26 -0.04 - +0.26 +0.76 +1.89
Level Intermediate Major Intermediate - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.950.991.021.061.091.131.16
Camarilla1.031.041.041.051.061.061.07
Woodie0.950.991.021.061.091.131.16
Fibonacci0.991.021.031.061.091.101.13


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.740.860.971.091.201.321.43
Camarilla1.031.051.071.091.111.131.15
Woodie0.750.860.981.091.211.321.44
Fibonacci0.860.951.001.091.181.231.32


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.190.370.590.770.991.171.39
Camarilla0.690.730.760.800.840.870.91
Woodie0.200.380.600.781.001.181.40
Fibonacci0.370.530.620.770.931.021.17

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): 64.18
MACD (12,26,9): 0.0700
Directional Movement: 16.09
AROON (14): 85.71
DEMA (21): 1.13
Parabolic SAR (0,02-0,02-0,2): 0.95
Elder Ray (13): 0.08
Super Trend (3,10): 0.84
Zig ZAG (10): 1.21
VORTEX (21): 1.1100
Stochastique (14,3,5): 67.31
TEMA (21): 1.14
Williams %R (14): -8.93
Chande Momentum Oscillator (20): 0.26
Repulse (5,40,3): 15.7300
ROCnROLL: 1
TRIX (15,9): 1.1100
Courbe Coppock: 20.83
MA7: 1.07
MA20: 1.05
MA50: 0.88
MA100: 0.85
MAexp7: 1.10
MAexp20: 1.04
MAexp50: 0.95
MAexp100: 0.94
Price / MA7: +12.15%
Price / MA20: +14.29%
Price / MA50: +36.36%
Price / MA100: +41.18%
Price / MAexp7: +9.09%
Price / MAexp20: +15.38%
Price / MAexp50: +26.32%
Price / MAexp100: +27.66%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15278
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis ORIGIN PROTOCOL - OGN/USDT - Daily