ONTOLOGY - ONT/USDT - 1H - Technical analysis published on 09/03/2019 (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:
Bullish
De fond:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 0.719420 USDT
My targets
0.734800 USDT (+1.44%)
0.762100 USDT (+5.20%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on Ontology - ONT/USDT as long as the price remains well above 0.719420 USDT. The buyers” bullish objective is set at 0.734800 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.762100 USDT. If there is any crossing, the next objective would be the resistance located at 0.794400 USDT. 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.
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 price is 0.724400 USDT. The price registered a decrease of -1.20% on the session and was between 0.716600 USDT and 0.736900 USDT. This implies that the price is at +1.09% from its lowest and at -1.70% from its highest.0.716600
0.736900
0.724400
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 this 1H chart of Ontology - ONT/USDT indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.700125 | 0.719420 | 0.724400 | 0.734800 | 0.762100 | 0.794400 |
| Change (%) | -3.35% | -0.69% | - | +1.44% | +5.20% | +9.66% |
| Change | -0.024275 | -0.004980 | - | +0.010400 | +0.037700 | +0.070000 |
| Level | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.554467 | 0.627333 | 0.680267 | 0.753133 | 0.806067 | 0.878933 | 0.931867 |
| Camarilla | 0.698605 | 0.710137 | 0.721668 | 0.733200 | 0.744732 | 0.756263 | 0.767795 |
| Woodie | 0.544500 | 0.622350 | 0.670300 | 0.748150 | 0.796100 | 0.873950 | 0.921900 |
| Fibonacci | 0.627333 | 0.675389 | 0.705078 | 0.753133 | 0.801189 | 0.830878 | 0.878933 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.440433 | 0.566067 | 0.638333 | 0.763967 | 0.836233 | 0.961867 | 1.034133 |
| Camarilla | 0.656178 | 0.674318 | 0.692459 | 0.710600 | 0.728741 | 0.746882 | 0.765023 |
| Woodie | 0.413750 | 0.552725 | 0.611650 | 0.750625 | 0.809550 | 0.948525 | 1.007450 |
| Fibonacci | 0.566067 | 0.641665 | 0.688369 | 0.763967 | 0.839565 | 0.886269 | 0.961867 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.207733 | 0.431667 | 0.571133 | 0.795067 | 0.934533 | 1.158467 | 1.297933 |
| Camarilla | 0.610665 | 0.643977 | 0.677288 | 0.710600 | 0.743912 | 0.777223 | 0.810535 |
| Woodie | 0.165500 | 0.410550 | 0.528900 | 0.773950 | 0.892300 | 1.137350 | 1.255700 |
| Fibonacci | 0.431667 | 0.570485 | 0.656248 | 0.795067 | 0.933886 | 1.019648 | 1.158467 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.15 | |
| MACD (12,26,9): | 0.0019 | |
| Directional Movement: | 23.155792 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.726883 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.800690 | |
| Elder Ray (13): | -0.002159 | |
| Super Trend (3,10): | 0.741823 | |
| Zig ZAG (10): | 0.724800 | |
| VORTEX (21): | 1.0852 | |
| Stochastique (14,3,5): | 20.88 | |
| TEMA (21): | 0.725773 | |
| Williams %R (14): | -68.48 | |
| Chande Momentum Oscillator (20): | -0.006600 | |
| Repulse (5,40,3): | 0.1565 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0797 | |
| Courbe Coppock: | 1.19 |
| MA7: | 0.721071 | |
| MA20: | 0.759405 | |
| MA50: | 0.872300 | |
| MA100: | 1.134068 | |
| MAexp7: | 0.723174 | |
| MAexp20: | 0.723267 | |
| MAexp50: | 0.718854 | |
| MAexp100: | 0.720532 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | -4.61% | |
| Price / MA50: | -16.96% | |
| Price / MA100: | -36.12% | |
| Price / MAexp7: | +0.17% | |
| Price / MAexp20: | +0.16% | |
| Price / MAexp50: | +0.77% | |
| Price / MAexp100: | +0.54% |
This member declared not having a position on this financial instrument or a related financial instrument.
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