ONTOLOGY - ONT/USDT - 1H - Technical analysis published on 08/06/2019 (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:
Slightly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.973650 USDT
My targets
0.959465 USDT (-0.94%)
0.951300 USDT (-1.79%)
My analysis
The strong short-term decline of Ontology - ONT/USDT reinforces the current slightly bearish trend. As long as the price remains below 0.973650 USDT, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.959465 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.951300 USDT as an objective. Crossing it would then enable sellers to target 0.794400 USDT. A return to above 0.973650 USDT would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The Ontology - ONT/USDT rating is 0.968600 USDT. The price is lower by -3.53% since the last closing with the lowest point at 0.965300 USDT and the highest point at 1.008000 USDT. The deviation from the price is +0.34% for the low point and -3.91% for the high point.0.965300
1.008000
0.968600
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this Ontology - ONT/USDT chart shows a slightly bearish trend. 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.794400 | 0.951300 | 0.959465 | 0.968600 | 0.973650 | 0.989814 | 0.999900 |
| Change (%) | -17.98% | -1.79% | -0.94% | - | +0.52% | +2.19% | +3.23% |
| Change | -0.174200 | -0.017300 | -0.009135 | - | +0.005050 | +0.021214 | +0.031300 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.906000 | 0.931600 | 0.967800 | 0.993400 | 1.029600 | 1.055200 | 1.091400 |
| Camarilla | 0.987005 | 0.992670 | 0.998335 | 1.004000 | 1.009665 | 1.015330 | 1.020995 |
| Woodie | 0.911300 | 0.934250 | 0.973100 | 0.996050 | 1.034900 | 1.057850 | 1.096700 |
| Fibonacci | 0.931600 | 0.955208 | 0.969792 | 0.993400 | 1.017008 | 1.031592 | 1.055200 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.848167 | 0.891033 | 0.935267 | 0.978133 | 1.022367 | 1.065233 | 1.109467 |
| Camarilla | 0.955548 | 0.963532 | 0.971516 | 0.979500 | 0.987484 | 0.995468 | 1.003453 |
| Woodie | 0.848850 | 0.891375 | 0.935950 | 0.978475 | 1.023050 | 1.065575 | 1.110150 |
| Fibonacci | 0.891033 | 0.924306 | 0.944861 | 0.978133 | 1.011406 | 1.031961 | 1.065233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.048000 | 0.362400 | 0.683200 | 1.093600 | 1.414400 | 1.824800 | 2.145600 |
| Camarilla | 0.802920 | 0.869947 | 0.936973 | 1.004000 | 1.071027 | 1.138053 | 1.205080 |
| Woodie | -0.092800 | 0.340000 | 0.638400 | 1.071200 | 1.369600 | 1.802400 | 2.100800 |
| Fibonacci | 0.362400 | 0.641718 | 0.814282 | 1.093600 | 1.372918 | 1.545482 | 1.824800 |
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): | 40.05 | |
| MACD (12,26,9): | -0.0034 | |
| Directional Movement: | -4.499143 | |
| AROON (14): | -92.857140 | |
| DEMA (21): | 0.982595 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.997373 | |
| Elder Ray (13): | -0.010713 | |
| Super Trend (3,10): | 1.007903 | |
| Zig ZAG (10): | 0.971900 | |
| VORTEX (21): | 0.9467 | |
| Stochastique (14,3,5): | 18.29 | |
| TEMA (21): | 0.977269 | |
| Williams %R (14): | -76.58 | |
| Chande Momentum Oscillator (20): | -0.017700 | |
| Repulse (5,40,3): | 0.0045 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0042 | |
| Courbe Coppock: | 3.96 |
| MA7: | 0.981929 | |
| MA20: | 0.988400 | |
| MA50: | 1.201482 | |
| MA100: | 1.258657 | |
| MAexp7: | 0.979036 | |
| MAexp20: | 0.985197 | |
| MAexp50: | 0.984317 | |
| MAexp100: | 0.982517 | |
| Price / MA7: | -1.36% | |
| Price / MA20: | -2.00% | |
| Price / MA50: | -19.38% | |
| Price / MA100: | -23.04% | |
| Price / MAexp7: | -1.07% | |
| Price / MAexp20: | -1.68% | |
| Price / MAexp50: | -1.60% | |
| Price / MAexp100: | -1.42% |
This member declared not having a position on this financial instrument or a related financial instrument.
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