ORIGIN PROTOCOL - OGN/USD - 1H - Technical analysis published on 11/22/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.104397 USD
My targets
0.108007 USD (+1.94%)
0.112220 USD (+5.91%)
My analysis
The bullish trend is currently very strong on ORIGIN PROTOCOL - OGN/USD. As long as the price remains above the support at 0.104397 USD, you could try to benefit from the boom. The first bullish objective is located at 0.108007 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.112220 USD as an objective. Crossing it would then enable buyers to target 0.116771 USD. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USD rating is 0.105955 USD. The price is lower by -0.11% since the last closing and was traded between 0.104836 USD and 0.106864 USD over the period. The price is currently at +1.07% from its lowest and -0.85% from its highest.0.104836
0.106864
0.105955
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of this 1H chart of ORIGIN PROTOCOL - OGN/USD indicates that the overall trend is strongly bullish. 89.29% 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. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA50 & AMA100
Type : Bearish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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 | 0.097338 | 0.100018 | 0.104397 | 0.105955 | 0.108007 | 0.112220 | 0.116771 |
Change (%) | -8.13% | -5.60% | -1.47% | - | +1.94% | +5.91% | +10.21% |
Change | -0.008617 | -0.005937 | -0.001558 | - | +0.002052 | +0.006265 | +0.010816 |
Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.090325 | 0.093591 | 0.099834 | 0.103100 | 0.109343 | 0.112609 | 0.118852 |
Camarilla | 0.103461 | 0.104333 | 0.105204 | 0.106076 | 0.106948 | 0.107819 | 0.108691 |
Woodie | 0.091813 | 0.094335 | 0.101322 | 0.103844 | 0.110831 | 0.113353 | 0.120340 |
Fibonacci | 0.093591 | 0.097224 | 0.099468 | 0.103100 | 0.106733 | 0.108977 | 0.112609 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.073277 | 0.080463 | 0.091547 | 0.098733 | 0.109817 | 0.117003 | 0.128087 |
Camarilla | 0.097606 | 0.099281 | 0.100955 | 0.102630 | 0.104305 | 0.105980 | 0.107654 |
Woodie | 0.075225 | 0.081438 | 0.093495 | 0.099708 | 0.111765 | 0.117978 | 0.130035 |
Fibonacci | 0.080463 | 0.087443 | 0.091754 | 0.098733 | 0.105713 | 0.110024 | 0.117003 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.055630 | 0.065986 | 0.073103 | 0.083459 | 0.090576 | 0.100932 | 0.108049 |
Camarilla | 0.075415 | 0.077017 | 0.078618 | 0.080220 | 0.081822 | 0.083423 | 0.085025 |
Woodie | 0.054011 | 0.065176 | 0.071484 | 0.082649 | 0.088957 | 0.100122 | 0.106430 |
Fibonacci | 0.065986 | 0.072661 | 0.076784 | 0.083459 | 0.090134 | 0.094257 | 0.100932 |
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): | 59.52 | |
MACD (12,26,9): | 0.0012 | |
Directional Movement: | 4.329263 | |
AROON (14): | 92.857143 | |
DEMA (21): | 0.105536 | |
Parabolic SAR (0,02-0,02-0,2): | 0.104539 | |
Elder Ray (13): | 0.000543 | |
Super Trend (3,10): | 0.102007 | |
Zig ZAG (10): | 0.105169 | |
VORTEX (21): | 1.2406 | |
Stochastique (14,3,5): | 85.33 | |
TEMA (21): | 0.106587 | |
Williams %R (14): | -20.47 | |
Chande Momentum Oscillator (20): | 0.000914 | |
Repulse (5,40,3): | 0.5217 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1562 | |
Courbe Coppock: | 9.25 |
MA7: | 0.103620 | |
MA20: | 0.096865 | |
MA50: | 0.089528 | |
MA100: | 0.087780 | |
MAexp7: | 0.105542 | |
MAexp20: | 0.104099 | |
MAexp50: | 0.103062 | |
MAexp100: | 0.102502 | |
Price / MA7: | +2.25% | |
Price / MA20: | +9.38% | |
Price / MA50: | +18.35% | |
Price / MA100: | +20.71% | |
Price / MAexp7: | +0.39% | |
Price / MAexp20: | +1.78% | |
Price / MAexp50: | +2.81% | |
Price / MAexp100: | +3.37% |
Quotes :
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Real time data
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About author
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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