OAX - OAX/USDT - Daily - Technical analysis published on 04/18/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
44%
28%
28%
My opinion
Bullish above 0.223488 USDT
My targets
0.250825 USDT (+7.43%)
0.303600 USDT (+30.04%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.223488 USDT remains possible. It is advisable to trade OAX - OAX/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.223488 USDT. The next bullish objective for buyers is set at 0.250825 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.303600 USDT. If there is any crossing, the next objective would be the resistance located at 0.341800 USDT. PS: if there is a bearish break in the support located at 0.223488 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8
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Additional analysis
Quotes
The OAX - OAX/USDT rating is 0.233468 USDT. On the day, this instrument gained +20.60% and was between 0.191967 USDT and 0.250954 USDT. This implies that the price is at +21.62% from its lowest and at -6.97% from its highest.0.191967
0.250954
0.233468
Here is a more detailed summary of the historical variations registered by OAX - OAX/USDT:
Technical
A technical analysis in Daily of this OAX - OAX/USDT chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
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 | 0.172897 | 0.200854 | 0.223488 | 0.233468 | 0.250825 | 0.303600 | 0.341800 |
| Change (%) | -25.94% | -13.97% | -4.27% | - | +7.43% | +30.04% | +46.40% |
| Change | -0.060571 | -0.032614 | -0.009980 | - | +0.017357 | +0.070132 | +0.108332 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Major |
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 | 0.157679 | 0.171064 | 0.182326 | 0.195711 | 0.206973 | 0.220358 | 0.231620 |
| Camarilla | 0.186811 | 0.189070 | 0.191330 | 0.193589 | 0.195848 | 0.198108 | 0.200367 |
| Woodie | 0.156619 | 0.170533 | 0.181266 | 0.195180 | 0.205913 | 0.219827 | 0.230560 |
| Fibonacci | 0.171064 | 0.180479 | 0.186296 | 0.195711 | 0.205126 | 0.210943 | 0.220358 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.026185 | 0.073299 | 0.132969 | 0.232453 | 0.292123 | 0.391607 | 0.451277 |
| Camarilla | 0.148872 | 0.163461 | 0.178050 | 0.192639 | 0.207228 | 0.221817 | 0.236406 |
| Woodie | -0.046092 | 0.063346 | 0.113062 | 0.222500 | 0.272216 | 0.381654 | 0.431370 |
| Fibonacci | 0.073299 | 0.134096 | 0.171656 | 0.232453 | 0.293250 | 0.330810 | 0.391607 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.180396 | -0.011597 | 0.146376 | 0.315175 | 0.473148 | 0.641947 | 0.799920 |
| Camarilla | 0.214488 | 0.244442 | 0.274396 | 0.304350 | 0.334304 | 0.364258 | 0.394212 |
| Woodie | -0.185808 | -0.014304 | 0.140964 | 0.312469 | 0.467736 | 0.639241 | 0.794508 |
| Fibonacci | -0.011597 | 0.113230 | 0.190348 | 0.315175 | 0.440002 | 0.517120 | 0.641947 |
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): | 49.66 | |
| MACD (12,26,9): | -0.0052 | |
| Directional Movement: | 15.808287 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.231689 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.318506 | |
| Elder Ray (13): | -0.007868 | |
| Super Trend (3,10): | 0.342479 | |
| Zig ZAG (10): | 0.230970 | |
| VORTEX (21): | 0.9855 | |
| Stochastique (14,3,5): | 16.20 | |
| TEMA (21): | 0.215955 | |
| Williams %R (14): | -74.77 | |
| Chande Momentum Oscillator (20): | -0.061267 | |
| Repulse (5,40,3): | 8.5378 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2829 | |
| Courbe Coppock: | 36.30 |
| MA7: | 0.209548 | |
| MA20: | 0.258526 | |
| MA50: | 0.225967 | |
| MA100: | 0.191356 | |
| MAexp7: | 0.218940 | |
| MAexp20: | 0.233498 | |
| MAexp50: | 0.223376 | |
| MAexp100: | 0.204927 | |
| Price / MA7: | +11.42% | |
| Price / MA20: | -9.69% | |
| Price / MA50: | +3.32% | |
| Price / MA100: | +22.01% | |
| Price / MAexp7: | +6.64% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +4.52% | |
| Price / MAexp100: | +13.93% |
Quotes :
-
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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