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OMG NETWORK - OMG/USD
OMG NETWORK - OMG/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: OMGUSD
ISIN:

OMG NETWORK - OMG/USD - 1H - Technical analysis published on 06/22/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
22%
39%
39%
My opinion
Bullish above 0.286667 USD
My targets
0.343333 USD (+4.04%)
0.350000 USD (+6.06%)
My analysis
The current short-term bullish acceleration on OMG NETWORK - OMG/USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.286667 USD. Short-term buyers will use the resistance located at 0.343333 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.350000 USD. Crossing this resistance would then open the door for buyers to target 0.370000 USD. Caution, if there is a return to under 0.286667 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
0.9

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The OMG NETWORK - OMG/USD price is 0.330000 USD. On the day, this instrument gained +3.13% and was traded between 0.320000 USD and 0.330000 USD over the period. The price is currently at +3.13% from its lowest and 0% from its highest.

0.320000
0.330000
0.330000

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly


New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on OMG NETWORK - OMG/USD were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of OMG NETWORK - OMG/USD in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

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



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.330000 0.330000 0.350000 0.370000 0.400000
Change (%) 0% - +6.06% +12.12% +21.21%
Change 0 - +0.020000 +0.040000 +0.070000
Level Minor - 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
Standard0.2800000.3000000.3100000.3300000.3400000.3600000.370000
Camarilla0.3117500.3145000.3172500.3200000.3227500.3255000.328250
Woodie0.2750000.2975000.3050000.3275000.3350000.3575000.365000
Fibonacci0.3000000.3114600.3185400.3300000.3414600.3485400.360000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2133330.2866670.3433330.4166670.4733330.5466670.603333
Camarilla0.3642500.3761670.3880830.4000000.4119170.4238330.435750
Woodie0.2050000.2825000.3350000.4125000.4650000.5425000.595000
Fibonacci0.2866670.3363270.3670070.4166670.4663270.4970070.546667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4233330.5066670.6133330.6966670.8033330.8866670.993333
Camarilla0.6677500.6851670.7025830.7200000.7374170.7548330.772250
Woodie0.4350000.5125000.6250000.7025000.8150000.8925001.005000
Fibonacci0.5066670.5792470.6240870.6966670.7692470.8140870.886667

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): 46.72
MACD (12,26,9): -0.0009
Directional Movement: 9.876326
AROON (14): 14.285714
DEMA (21): 0.325937
Parabolic SAR (0,02-0,02-0,2): 0.320000
Elder Ray (13): -0.006499
Super Trend (3,10): 0.357823
Zig ZAG (10): 0.320000
VORTEX (21): 0.9333
Stochastique (14,3,5): 11.11
TEMA (21): 0.325838
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.020000
Repulse (5,40,3): 0.1745
ROCnROLL: 2
TRIX (15,9): -0.0104
Courbe Coppock: 0.12
MA7: 0.342857
MA20: 0.400000
MA50: 0.568800
MA100: 0.720700
MAexp7: 0.325384
MAexp20: 0.327716
MAexp50: 0.329271
MAexp100: 0.337213
Price / MA7: -3.75%
Price / MA20: -17.50%
Price / MA50: -41.98%
Price / MA100: -54.21%
Price / MAexp7: +1.42%
Price / MAexp20: +0.70%
Price / MAexp50: +0.22%
Price / MAexp100: -2.14%

Quotes : - Real time data - Cryptocompare

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

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Londinia
Londinia AI

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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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