ORIGIN PROTOCOL - OGN/USDT - 1H - Technical analysis published on 04/20/2024 (GMT)
- 150
- 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!
Click here for a new analysis!
- 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 0.150732 USDT
My targets
0.158507 USDT (+2.26%)
0.168117 USDT (+8.46%)
My analysis
ORIGIN PROTOCOL - OGN/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.150732 USDT. The next resistance located at 0.158507 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.168117 USDT. After this resistance, buyers could then target 0.175992 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.3
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 mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USDT rating is 0.155000 USDT. On the day, this instrument gained +1.97% and was between 0.150402 USDT and 0.157198 USDT. This implies that the price is at +3.06% from its lowest and at -1.40% from its highest.0.150402
0.157198
0.155000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of ORIGIN PROTOCOL - OGN/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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 | 0.135175 | 0.142630 | 0.150732 | 0.155000 | 0.158507 | 0.168117 | 0.175992 |
| Change (%) | -12.79% | -7.98% | -2.75% | - | +2.26% | +8.46% | +13.54% |
| Change | -0.019825 | -0.012370 | -0.004268 | - | +0.003507 | +0.013117 | +0.020992 |
| Level | Intermediate | Intermediate | Minor | - | 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 | 0.120082 | 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 56.99 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | -2.070444 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.155740 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.149521 | |
| Elder Ray (13): | 0.000877 | |
| Super Trend (3,10): | 0.149618 | |
| Zig ZAG (10): | 0.155802 | |
| VORTEX (21): | 1.0065 | |
| Stochastique (14,3,5): | 85.86 | |
| TEMA (21): | 0.155859 | |
| Williams %R (14): | -17.46 | |
| Chande Momentum Oscillator (20): | 0.002406 | |
| Repulse (5,40,3): | 0.2855 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0806 | |
| Courbe Coppock: | 0.73 |
| MA7: | 0.152186 | |
| MA20: | 0.192404 | |
| MA50: | 0.207954 | |
| MA100: | 0.187875 | |
| MAexp7: | 0.155471 | |
| MAexp20: | 0.154371 | |
| MAexp50: | 0.153075 | |
| MAexp100: | 0.154321 | |
| Price / MA7: | +1.85% | |
| Price / MA20: | -19.44% | |
| Price / MA50: | -25.46% | |
| Price / MA100: | -17.50% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | +0.41% | |
| Price / MAexp50: | +1.26% | |
| Price / MAexp100: | +0.44% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 - 1H