ONTOLOGY - ONT/USD - 1H - Technical analysis published on 12/31/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.533333 USD
My targets
0.496667 USD (-4.49%)
0.463333 USD (-10.90%)
My analysis
All elements being rather bearish, it would be possible for traders to trade only short positions (for sale) on ONTOLOGY - ONT/USD as long as the price remains well below 0.533333 USD. The next bearish objective for sellers is set at 0.496667 USD. A bearish break of this support would revive the bearish momentum. Sellers could then target the next support located at 0.463333 USD. If there is any crossing, the next objective would be the support located at 0.426667 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bearish, basic trend. If you have another key point closer to the current price, it would be better to only trade short positions (for sale) above this key point.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
4.5
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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/USD price is 0.520000 USD. The price is lower by -1.89% since the last closing and was between 0.520000 USD and 0.530000 USD. This implies that the price is at 0% from its lowest and at -1.89% from its highest.0.520000
0.530000
0.520000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ONTOLOGY - ONT/USD in 1H shows an overall bearish trend. 75% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 0.520000 | 0.556000 | 0.827059 | 1.396670 |
| Change (%) | - | +6.92% | +59.05% | +168.59% |
| Change | - | +0.036000 | +0.307059 | +0.876670 |
| Level | - | Intermediate | Major | 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 | 0.486667 | 0.503333 | 0.516667 | 0.533333 | 0.546667 | 0.563333 | 0.576667 |
| Camarilla | 0.521750 | 0.524500 | 0.527250 | 0.530000 | 0.532750 | 0.535500 | 0.538250 |
| Woodie | 0.485000 | 0.502500 | 0.515000 | 0.532500 | 0.545000 | 0.562500 | 0.575000 |
| Fibonacci | 0.503333 | 0.514793 | 0.521873 | 0.533333 | 0.544793 | 0.551873 | 0.563333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.426667 | 0.463333 | 0.496667 | 0.533333 | 0.566667 | 0.603333 | 0.636667 |
| Camarilla | 0.510750 | 0.517167 | 0.523583 | 0.530000 | 0.536417 | 0.542833 | 0.549250 |
| Woodie | 0.425000 | 0.462500 | 0.495000 | 0.532500 | 0.565000 | 0.602500 | 0.635000 |
| Fibonacci | 0.463333 | 0.490073 | 0.506593 | 0.533333 | 0.560073 | 0.576593 | 0.603333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.036667 | 0.283333 | 0.456667 | 0.703333 | 0.876667 | 1.123333 | 1.296667 |
| Camarilla | 0.514500 | 0.553000 | 0.591500 | 0.630000 | 0.668500 | 0.707000 | 0.745500 |
| Woodie | 0.000000 | 0.265000 | 0.420000 | 0.685000 | 0.840000 | 1.105000 | 1.260000 |
| Fibonacci | 0.283333 | 0.443773 | 0.542893 | 0.703333 | 0.863773 | 0.962893 | 1.123333 |
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): | 44.66 | |
| MACD (12,26,9): | -0.0023 | |
| Directional Movement: | 0.221869 | |
| AROON (14): | -28.571426 | |
| DEMA (21): | 0.519823 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.530564 | |
| Elder Ray (13): | -0.001865 | |
| Super Trend (3,10): | 0.534716 | |
| Zig ZAG (10): | 0.520000 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 0.00 | |
| TEMA (21): | 0.519579 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.010000 | |
| Repulse (5,40,3): | -0.7530 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0665 | |
| Courbe Coppock: | 1.26 |
| MA7: | 0.525714 | |
| MA20: | 0.546500 | |
| MA50: | 0.627400 | |
| MA100: | 0.664400 | |
| MAexp7: | 0.520791 | |
| MAexp20: | 0.523048 | |
| MAexp50: | 0.526453 | |
| MAexp100: | 0.527010 | |
| Price / MA7: | -1.09% | |
| Price / MA20: | -4.85% | |
| Price / MA50: | -17.12% | |
| Price / MA100: | -21.73% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -0.58% | |
| Price / MAexp50: | -1.23% | |
| Price / MAexp100: | -1.33% |
This member declared not having a position on this financial instrument or a related financial instrument.
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