ONTOLOGY - ONT/USDT - 1H - Technical analysis published on 06/05/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
78%
6%
My opinion
Bearish under 0.587827 USDT
My targets
0.569980 USDT (-2.40%)
0.541240 USDT (-7.32%)
My analysis
ONTOLOGY - ONT/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.587827 USDT. The next support located at 0.569980 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.541240 USDT. Below this support, sellers could then target 0.516489 USDT.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
5.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ONTOLOGY - ONT/USDT rating is 0.584000 USDT. The price is lower by -2.34% since the last closing and was traded between 0.582600 USDT and 0.601400 USDT over the period. The price is currently at +0.24% from its lowest and -2.89% from its highest.0.582600
0.601400
0.584000
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 ONTOLOGY - ONT/USDT:
Technical
Technical analysis of ONTOLOGY - ONT/USDT in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.516489 | 0.541240 | 0.569980 | 0.584000 | 0.587827 | 0.602700 | 0.626300 |
| Change (%) | -11.56% | -7.32% | -2.40% | - | +0.66% | +3.20% | +7.24% |
| Change | -0.067511 | -0.042760 | -0.014020 | - | +0.003827 | +0.018700 | +0.042300 |
| Level | Major | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
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 | 0.549233 | 0.564867 | 0.581433 | 0.597067 | 0.613633 | 0.629267 | 0.645833 |
| Camarilla | 0.589145 | 0.592097 | 0.595048 | 0.598000 | 0.600952 | 0.603903 | 0.606855 |
| Woodie | 0.549700 | 0.565100 | 0.581900 | 0.597300 | 0.614100 | 0.629500 | 0.646300 |
| Fibonacci | 0.564867 | 0.577167 | 0.584766 | 0.597067 | 0.609367 | 0.616966 | 0.629267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.393400 | 0.429900 | 0.497200 | 0.533700 | 0.601000 | 0.637500 | 0.704800 |
| Camarilla | 0.535955 | 0.545470 | 0.554985 | 0.564500 | 0.574015 | 0.583530 | 0.593045 |
| Woodie | 0.408800 | 0.437600 | 0.512600 | 0.541400 | 0.616400 | 0.645200 | 0.720200 |
| Fibonacci | 0.429900 | 0.469552 | 0.494048 | 0.533700 | 0.573352 | 0.597848 | 0.637500 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.285800 | 0.353800 | 0.451700 | 0.519700 | 0.617600 | 0.685600 | 0.783500 |
| Camarilla | 0.503978 | 0.519185 | 0.534393 | 0.549600 | 0.564808 | 0.580015 | 0.595223 |
| Woodie | 0.300750 | 0.361275 | 0.466650 | 0.527175 | 0.632550 | 0.693075 | 0.798450 |
| Fibonacci | 0.353800 | 0.417174 | 0.456326 | 0.519700 | 0.583074 | 0.622226 | 0.685600 |
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): | 37.64 | |
| MACD (12,26,9): | -0.0026 | |
| Directional Movement: | -22.200439 | |
| AROON (14): | -78.571428 | |
| DEMA (21): | 0.589967 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.599140 | |
| Elder Ray (13): | -0.005858 | |
| Super Trend (3,10): | 0.601867 | |
| Zig ZAG (10): | 0.584900 | |
| VORTEX (21): | 0.8535 | |
| Stochastique (14,3,5): | 9.77 | |
| TEMA (21): | 0.588222 | |
| Williams %R (14): | -91.26 | |
| Chande Momentum Oscillator (20): | -0.010900 | |
| Repulse (5,40,3): | -1.0231 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0436 | |
| Courbe Coppock: | 2.36 |
| MA7: | 0.585014 | |
| MA20: | 0.525535 | |
| MA50: | 0.488124 | |
| MA100: | 0.473833 | |
| MAexp7: | 0.589201 | |
| MAexp20: | 0.592989 | |
| MAexp50: | 0.594782 | |
| MAexp100: | 0.588498 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | +11.12% | |
| Price / MA50: | +19.64% | |
| Price / MA100: | +23.25% | |
| Price / MAexp7: | -0.88% | |
| Price / MAexp20: | -1.52% | |
| Price / MAexp50: | -1.81% | |
| Price / MAexp100: | -0.76% |
Quotes :
2020-06-05 13:20:21
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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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