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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 07/29/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 0.260000 USD
My targets
0.280000 USD (+3.70%)
0.290000 USD (+7.41%)
My analysis
A bullish trend on OMG NETWORK - OMG/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.260000 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.280000 USD. Then the price could move towards 0.290000 USD. Then 0.593846 USD by extension. Be careful, a return below 0.260000 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5

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 rating is 0.270000 USD. The price has increased by +3.85% since the last closing with the lowest point at 0.260000 USD and the highest point at 0.270000 USD. The deviation from the price is +3.85% for the low point and 0% for the high point.

0.260000
0.270000
0.270000

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 OMG NETWORK - OMG/USD in 1H shows an overall bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

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 over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.240000 0.250000 0.260000 0.270000 0.280000 0.290000 0.593846
Change (%) -11.11% -7.41% -3.70% - +3.70% +7.41% +119.94%
Change -0.030000 -0.020000 -0.010000 - +0.010000 +0.020000 +0.323846
Level Minor Minor Major - 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
Standard0.2466670.2533330.2566670.2633330.2666670.2733330.276667
Camarilla0.2572500.2581670.2590830.2600000.2609170.2618330.262750
Woodie0.2450000.2525000.2550000.2625000.2650000.2725000.275000
Fibonacci0.2533330.2571530.2595130.2633330.2671530.2695130.273333


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1933330.2166670.2433330.2666670.2933330.3166670.343333
Camarilla0.2562500.2608330.2654170.2700000.2745830.2791670.283750
Woodie0.1950000.2175000.2450000.2675000.2950000.3175000.345000
Fibonacci0.2166670.2357670.2475670.2666670.2857670.2975670.316667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0966670.1933330.2866670.3833330.4766670.5733330.666667
Camarilla0.3277500.3451670.3625830.3800000.3974170.4148330.432250
Woodie0.0950000.1925000.2850000.3825000.4750000.5725000.665000
Fibonacci0.1933330.2659130.3107530.3833330.4559130.5007530.573333

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 52.45
MACD (12,26,9): 0.0001
Directional Movement: -8.583339
AROON (14): 0
DEMA (21): 0.266514
Parabolic SAR (0,02-0,02-0,2): 0.273352
Elder Ray (13): -0.005821
Super Trend (3,10): 0.257164
Zig ZAG (10): 0.260000
VORTEX (21): 1.0000
Stochastique (14,3,5): 33.33
TEMA (21): 0.265332
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -0.010000
Repulse (5,40,3): 0.8623
ROCnROLL: 2
TRIX (15,9): -0.0290
Courbe Coppock: 3.46
MA7: 0.264286
MA20: 0.281000
MA50: 0.320600
MA100: 0.482000
MAexp7: 0.267927
MAexp20: 0.266700
MAexp50: 0.266971
MAexp100: 0.267235
Price / MA7: +2.16%
Price / MA20: -3.91%
Price / MA50: -15.78%
Price / MA100: -43.98%
Price / MAexp7: +0.77%
Price / MAexp20: +1.24%
Price / MAexp50: +1.13%
Price / MAexp100: +1.03%

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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