ORIGIN PROTOCOL - OGN/USDT - Daily - Technical analysis published on 04/20/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.168117 USDT
My targets
0.150732 USDT (-2.69%)
0.135175 USDT (-12.73%)
My analysis
The bearish trend is currently very strong for ORIGIN PROTOCOL - OGN/USDT. As long as the price remains below the resistance at 0.168117 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.150732 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.135175 USDT as an objective. Crossing it would then enable sellers to target 0.120159 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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
5.4
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USDT price is 0.154900 USDT. On the day, this instrument gained +1.91% and was between 0.150402 USDT and 0.157198 USDT. This implies that the price is at +2.99% from its lowest and at -1.46% from its highest.0.150402
0.157198
0.154900
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of ORIGIN PROTOCOL - OGN/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 82.14% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.120159 | 0.135175 | 0.150732 | 0.154900 | 0.168117 | 0.187433 | 0.242500 |
| Change (%) | -22.43% | -12.73% | -2.69% | - | +8.53% | +21.00% | +56.55% |
| Change | -0.034741 | -0.019725 | -0.004168 | - | +0.013217 | +0.032533 | +0.087600 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.120082 | 0.128543 | 0.140273 | 0.148734 | 0.160464 | 0.168925 | 0.180655 |
| Camarilla | 0.146451 | 0.148301 | 0.150152 | 0.152003 | 0.153854 | 0.155705 | 0.157556 |
| Woodie | 0.121717 | 0.129360 | 0.141908 | 0.149551 | 0.162099 | 0.169742 | 0.182290 |
| Fibonacci | 0.128543 | 0.136256 | 0.141021 | 0.148734 | 0.156447 | 0.161212 | 0.168925 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.041746 | 0.039936 | 0.091722 | 0.173404 | 0.225190 | 0.306872 | 0.358658 |
| Camarilla | 0.106803 | 0.119038 | 0.131272 | 0.143507 | 0.155742 | 0.167976 | 0.180211 |
| Woodie | -0.056695 | 0.032462 | 0.076773 | 0.165930 | 0.210241 | 0.299398 | 0.343709 |
| Fibonacci | 0.039936 | 0.090921 | 0.122420 | 0.173404 | 0.224389 | 0.255888 | 0.306872 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046370 | 0.106550 | 0.161926 | 0.222106 | 0.277482 | 0.337662 | 0.393038 |
| Camarilla | 0.185524 | 0.196117 | 0.206709 | 0.217302 | 0.227895 | 0.238487 | 0.249080 |
| Woodie | 0.043968 | 0.105349 | 0.159524 | 0.220905 | 0.275080 | 0.336461 | 0.390636 |
| Fibonacci | 0.106550 | 0.150692 | 0.177964 | 0.222106 | 0.266248 | 0.293520 | 0.337662 |
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): | 36.84 | |
| MACD (12,26,9): | -0.0177 | |
| Directional Movement: | -14.566833 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.160647 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.220455 | |
| Elder Ray (13): | -0.016670 | |
| Super Trend (3,10): | 0.214113 | |
| Zig ZAG (10): | 0.155802 | |
| VORTEX (21): | 0.8729 | |
| Stochastique (14,3,5): | 23.84 | |
| TEMA (21): | 0.144948 | |
| Williams %R (14): | -74.39 | |
| Chande Momentum Oscillator (20): | -0.086698 | |
| Repulse (5,40,3): | 6.1899 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8359 | |
| Courbe Coppock: | 63.76 |
| MA7: | 0.152186 | |
| MA20: | 0.192404 | |
| MA50: | 0.207954 | |
| MA100: | 0.187875 | |
| MAexp7: | 0.158242 | |
| MAexp20: | 0.180794 | |
| MAexp50: | 0.193169 | |
| MAexp100: | 0.185500 | |
| Price / MA7: | +1.78% | |
| Price / MA20: | -19.49% | |
| Price / MA50: | -25.51% | |
| Price / MA100: | -17.55% | |
| Price / MAexp7: | -2.11% | |
| Price / MAexp20: | -14.32% | |
| Price / MAexp50: | -19.81% | |
| Price / MAexp100: | -16.50% |
Quotes :
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Real time data
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