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 09/15/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 0.230000 USD

My targets

0.253333 USD (+5.56%)

0.263529 USD (+9.80%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on OMG NETWORK - OMG/USD as long as the price remains well above 0.230000 USD. The buyers' bullish objective is set at 0.253333 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.263529 USD. If there is any crossing, the next objective would be the resistance located at 0.610769 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

4.1

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The OMG NETWORK - OMG/USD price is 0.240000 USD. On the day, this instrument gained +9.09% and was traded between 0.220000 USD and 0.240000 USD over the period. The price is currently at +9.09% from its lowest and 0% from its highest.

0.220000

0.240000

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by OMG NETWORK - OMG/USD:

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. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.210000	0.220000	0.230000	0.240000	0.263529	0.610769	0.960000
Change (%)	-12.50%	-8.33%	-4.17%	-	+9.80%	+154.49%	+300.00%
Change	-0.030000	-0.020000	-0.010000	-	+0.023529	+0.370769	+0.720000
Level	Minor	Major	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.193333	0.206667	0.213333	0.226667	0.233333	0.246667	0.253333
Camarilla	0.214500	0.216333	0.218167	0.220000	0.221833	0.223667	0.225500
Woodie	0.190000	0.205000	0.210000	0.225000	0.230000	0.245000	0.250000
Fibonacci	0.206667	0.214307	0.219027	0.226667	0.234307	0.239027	0.246667

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.176667	0.193333	0.206667	0.223333	0.236667	0.253333	0.266667
Camarilla	0.211750	0.214500	0.217250	0.220000	0.222750	0.225500	0.228250
Woodie	0.175000	0.192500	0.205000	0.222500	0.235000	0.252500	0.265000
Fibonacci	0.193333	0.204793	0.211873	0.223333	0.234793	0.241873	0.253333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.036667	0.093333	0.156667	0.213333	0.276667	0.333333	0.396667
Camarilla	0.187000	0.198000	0.209000	0.220000	0.231000	0.242000	0.253000
Woodie	0.040000	0.095000	0.160000	0.215000	0.280000	0.335000	0.400000
Fibonacci	0.093333	0.139173	0.167493	0.213333	0.259173	0.287493	0.333333

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):	46.10
MACD (12,26,9):	-0.0002
Directional Movement:	-5.262614
AROON (14):	0
DEMA (21):	0.232599
Parabolic SAR (0,02-0,02-0,2):	0.220000
Elder Ray (13):	-0.012200
Super Trend (3,10):	0.194412
Zig ZAG (10):	0.220000
VORTEX (21):	0.9048
Stochastique (14,3,5):	100.00
TEMA (21):	0.236159
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.000000
Repulse (5,40,3):	24.2095
ROCnROLL:	1
TRIX (15,9):	0.0517
Courbe Coppock:	2.40

MA7:	0.225714
MA20:	0.221500
MA50:	0.233000
MA100:	0.280200
MAexp7:	0.236279
MAexp20:	0.233760
MAexp50:	0.231563
MAexp100:	0.228940
Price / MA7:	+6.33%
Price / MA20:	+8.35%
Price / MA50:	+3.00%
Price / MA100:	-14.35%
Price / MAexp7:	+1.57%
Price / MAexp20:	+2.67%
Price / MAexp50:	+3.64%
Price / MAexp100:	+4.83%

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 AI

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