ONTOLOGY - ONT/USDT - 1H - Technical analysis published on 11/10/2020 (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 bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.474367 USDT
My targets
0.496800 USDT (+3.61%)
0.540200 USDT (+12.66%)
My analysis
The bullish trend is currently very strong on ONTOLOGY - ONT/USDT. As long as the price remains above the support at 0.474367 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.496800 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.540200 USDT as an objective. Crossing it would then enable buyers to target 0.556233 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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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 0.479500 USDT. On the day, this instrument gained +2.09% and was traded between 0.468100 USDT and 0.484300 USDT over the period. The price is currently at +2.44% from its lowest and -0.99% from its highest.0.468100
0.484300
0.479500
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this ONTOLOGY - ONT/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.451800 | 0.463067 | 0.474367 | 0.479500 | 0.496800 | 0.556233 | 0.686917 |
| Change (%) | -5.78% | -3.43% | -1.07% | - | +3.61% | +16.00% | +43.26% |
| Change | -0.027700 | -0.016433 | -0.005133 | - | +0.017300 | +0.076733 | +0.207417 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 0.427467 | 0.440233 | 0.454967 | 0.467733 | 0.482467 | 0.495233 | 0.509967 |
| Camarilla | 0.462138 | 0.464658 | 0.467179 | 0.469700 | 0.472221 | 0.474742 | 0.477263 |
| Woodie | 0.428450 | 0.440725 | 0.455950 | 0.468225 | 0.483450 | 0.495725 | 0.510950 |
| Fibonacci | 0.440233 | 0.450738 | 0.457228 | 0.467733 | 0.478238 | 0.484728 | 0.495233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.308200 | 0.356600 | 0.400000 | 0.448400 | 0.491800 | 0.540200 | 0.583600 |
| Camarilla | 0.418155 | 0.426570 | 0.434985 | 0.443400 | 0.451815 | 0.460230 | 0.468645 |
| Woodie | 0.305700 | 0.355350 | 0.397500 | 0.447150 | 0.489300 | 0.538950 | 0.581100 |
| Fibonacci | 0.356600 | 0.391668 | 0.413332 | 0.448400 | 0.483468 | 0.505132 | 0.540200 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.127700 | 0.274400 | 0.358900 | 0.505600 | 0.590100 | 0.736800 | 0.821300 |
| Camarilla | 0.379820 | 0.401013 | 0.422207 | 0.443400 | 0.464593 | 0.485787 | 0.506980 |
| Woodie | 0.096600 | 0.258850 | 0.327800 | 0.490050 | 0.559000 | 0.721250 | 0.790200 |
| Fibonacci | 0.274400 | 0.362718 | 0.417282 | 0.505600 | 0.593918 | 0.648482 | 0.736800 |
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): | 55.62 | |
| MACD (12,26,9): | 0.0032 | |
| Directional Movement: | 9.436653 | |
| AROON (14): | 92.857140 | |
| DEMA (21): | 0.478674 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.469791 | |
| Elder Ray (13): | 0.002369 | |
| Super Trend (3,10): | 0.469929 | |
| Zig ZAG (10): | 0.476000 | |
| VORTEX (21): | 1.2359 | |
| Stochastique (14,3,5): | 74.30 | |
| TEMA (21): | 0.480071 | |
| Williams %R (14): | -48.47 | |
| Chande Momentum Oscillator (20): | 0.006500 | |
| Repulse (5,40,3): | -1.1646 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0824 | |
| Courbe Coppock: | 4.65 |
| MA7: | 0.455771 | |
| MA20: | 0.476585 | |
| MA50: | 0.547460 | |
| MA100: | 0.668509 | |
| MAexp7: | 0.477877 | |
| MAexp20: | 0.474939 | |
| MAexp50: | 0.470173 | |
| MAexp100: | 0.464004 | |
| Price / MA7: | +5.21% | |
| Price / MA20: | +0.61% | |
| Price / MA50: | -12.41% | |
| Price / MA100: | -28.27% | |
| Price / MAexp7: | +0.34% | |
| Price / MAexp20: | +0.96% | |
| Price / MAexp50: | +1.98% | |
| Price / MAexp100: | +3.34% |
Quotes :
2020-11-10 12:19:13
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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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