ONTOLOGY - ONT/USDT - 1H - Technical analysis published on 03/23/2020 (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:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.358733 USDT
My targets
0.370400 USDT (+1.81%)
0.388300 USDT (+6.73%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly 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 0.358733 USDT. The buyers” bullish objective is set at 0.370400 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.388300 USDT. If there is any crossing, the next objective would be the resistance located at 0.408100 USDT.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
5.5
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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 price is 0.363800 USDT. The price has increased by +5.30% since the last closing and was between 0.339100 USDT and 0.378900 USDT. This implies that the price is at +7.28% from its lowest and at -3.99% from its highest.0.339100
0.378900
0.363800
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
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 slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
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:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
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 | 0.277800 | 0.305200 | 0.336800 | 0.363800 | 0.370400 | 0.388300 | 0.408100 |
| Change (%) | -23.64% | -16.11% | -7.42% | - | +1.81% | +6.73% | +12.18% |
| Change | -0.086000 | -0.058600 | -0.027000 | - | +0.006600 | +0.024500 | +0.044300 |
| Level | Minor | Intermediate | Intermediate | - | Major | 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 | 0.270200 | 0.306900 | 0.326200 | 0.362900 | 0.382200 | 0.418900 | 0.438200 |
| Camarilla | 0.330100 | 0.335233 | 0.340367 | 0.345500 | 0.350633 | 0.355767 | 0.360900 |
| Woodie | 0.261500 | 0.302550 | 0.317500 | 0.358550 | 0.373500 | 0.414550 | 0.429500 |
| Fibonacci | 0.306900 | 0.328292 | 0.341508 | 0.362900 | 0.384292 | 0.397508 | 0.418900 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.144267 | 0.211033 | 0.291967 | 0.358733 | 0.439667 | 0.506433 | 0.587367 |
| Camarilla | 0.332283 | 0.345822 | 0.359361 | 0.372900 | 0.386439 | 0.399978 | 0.413518 |
| Woodie | 0.151350 | 0.214575 | 0.299050 | 0.362275 | 0.446750 | 0.509975 | 0.594450 |
| Fibonacci | 0.211033 | 0.267455 | 0.302312 | 0.358733 | 0.415155 | 0.450012 | 0.506433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.064367 | 0.356133 | 0.511467 | 0.803233 | 0.958567 | 1.250333 | 1.405667 |
| Camarilla | 0.543848 | 0.584832 | 0.625816 | 0.666800 | 0.707784 | 0.748768 | 0.789753 |
| Woodie | -0.003850 | 0.322025 | 0.443250 | 0.769125 | 0.890350 | 1.216225 | 1.337450 |
| Fibonacci | 0.356133 | 0.526926 | 0.632441 | 0.803233 | 0.974026 | 1.079541 | 1.250333 |
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): | 58.32 | |
| MACD (12,26,9): | -0.0007 | |
| Directional Movement: | 20.825498 | |
| AROON (14): | 28.571427 | |
| DEMA (21): | 0.352833 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.341268 | |
| Elder Ray (13): | 0.010331 | |
| Super Trend (3,10): | 0.343665 | |
| Zig ZAG (10): | 0.365800 | |
| VORTEX (21): | 1.0953 | |
| Stochastique (14,3,5): | 78.59 | |
| TEMA (21): | 0.356054 | |
| Williams %R (14): | -33.92 | |
| Chande Momentum Oscillator (20): | 0.015200 | |
| Repulse (5,40,3): | 2.3789 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1679 | |
| Courbe Coppock: | 3.19 |
| MA7: | 0.356929 | |
| MA20: | 0.470290 | |
| MA50: | 0.697154 | |
| MA100: | 0.649465 | |
| MAexp7: | 0.357712 | |
| MAexp20: | 0.355279 | |
| MAexp50: | 0.360229 | |
| MAexp100: | 0.360340 | |
| Price / MA7: | +1.93% | |
| Price / MA20: | -22.64% | |
| Price / MA50: | -47.82% | |
| Price / MA100: | -43.98% | |
| Price / MAexp7: | +1.70% | |
| Price / MAexp20: | +2.40% | |
| Price / MAexp50: | +0.99% | |
| Price / MAexp100: | +0.96% |
This member declared not having a position on this financial instrument or a related financial instrument.
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