OMG NETWORK - OMG/USD - 1H - Technical analysis published on 05/07/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 11.44 USD
My targets
-
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 OMG NETWORK - OMG/USD. As long as you are above the support located at 11.44 USD, traders with an aggressive trading strategy could consider a purchase. If the support 11.44 USD 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 in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.4
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Additional analysis
Quotes
The OMG NETWORK - OMG/USD rating is 12.15 USD. The price is lower by -7.61% since the last closing and was between 12.01 USD and 15.36 USD. This implies that the price is at +1.17% from its lowest and at -20.90% from its highest.12.01
15.36
12.15
Here is a more detailed summary of the historical variations registered by OMG NETWORK - OMG/USD:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this OMG NETWORK - OMG/USD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 7.70 | 9.32 | 10.40 | 12.15 |
| Change (%) | -36.63% | -23.29% | -14.40% | - |
| Change | -4.45 | -2.83 | -1.75 | - |
| Level | Major | Intermediate | Major | - |
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 | 7.10 | 8.35 | 10.75 | 12.00 | 14.40 | 15.65 | 18.05 |
| Camarilla | 12.15 | 12.48 | 12.82 | 13.15 | 13.49 | 13.82 | 14.15 |
| Woodie | 7.68 | 8.64 | 11.33 | 12.29 | 14.98 | 15.94 | 18.63 |
| Fibonacci | 8.35 | 9.74 | 10.61 | 12.00 | 13.39 | 14.26 | 15.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.12 | 4.95 | 6.56 | 7.39 | 9.00 | 9.83 | 11.44 |
| Camarilla | 7.49 | 7.71 | 7.94 | 8.16 | 8.38 | 8.61 | 8.83 |
| Woodie | 4.50 | 5.15 | 6.94 | 7.59 | 9.38 | 10.03 | 11.82 |
| Fibonacci | 4.95 | 5.89 | 6.46 | 7.39 | 8.33 | 8.90 | 9.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.79 | 2.35 | 5.05 | 8.19 | 10.89 | 14.03 | 16.73 |
| Camarilla | 6.13 | 6.67 | 7.21 | 7.74 | 8.28 | 8.81 | 9.35 |
| Woodie | -1.02 | 2.24 | 4.82 | 8.08 | 10.66 | 13.92 | 16.50 |
| Fibonacci | 2.35 | 4.58 | 5.96 | 8.19 | 10.42 | 11.80 | 14.03 |
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): | 46.36 | |
| MACD (12,26,9): | 0.4100 | |
| Directional Movement: | 4.35 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 13.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 15.24 | |
| Elder Ray (13): | -0.77 | |
| Super Trend (3,10): | 11.98 | |
| Zig ZAG (10): | 12.17 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 13.61 | |
| TEMA (21): | 13.41 | |
| Williams %R (14): | -98.69 | |
| Chande Momentum Oscillator (20): | -1.43 | |
| Repulse (5,40,3): | -8.7700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.8700 | |
| Courbe Coppock: | 6.14 |
| MA7: | 9.91 | |
| MA20: | 8.20 | |
| MA50: | 7.90 | |
| MA100: | 6.52 | |
| MAexp7: | 12.98 | |
| MAexp20: | 12.91 | |
| MAexp50: | 11.88 | |
| MAexp100: | 10.80 | |
| Price / MA7: | +22.60% | |
| Price / MA20: | +48.17% | |
| Price / MA50: | +53.80% | |
| Price / MA100: | +86.35% | |
| Price / MAexp7: | -6.39% | |
| Price / MAexp20: | -5.89% | |
| Price / MAexp50: | +2.27% | |
| Price / MAexp100: | +12.50% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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