OCEAN PROTOCOL - OCEAN/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	OCEANUSDT
ISIN:

OCEAN PROTOCOL - OCEAN/USDT - Daily - Technical analysis published on 03/30/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.595200 USDT

My targets

0.727367 USDT (+9.91%)

0.800300 USDT (+20.93%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on OCEAN PROTOCOL - OCEAN/USDT as long as the price remains well above 0.595200 USDT. The buyers' bullish objective is set at 0.727367 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.800300 USDT. If there is any crossing, the next objective would be the resistance located at 0.985400 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

6.4

Comment on the analysis

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 finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

OCEAN PROTOCOL - OCEAN/USDT rating 0.661800 USDT. The price registered an increase of +6.78% on the session and was traded between 0.594800 USDT and 0.679600 USDT over the period. The price is currently at +11.26% from its lowest and -2.62% from its highest.

0.594800

0.679600

0.661800

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by OCEAN PROTOCOL - OCEAN/USDT:

Technical

A technical analysis in Daily of this OCEAN PROTOCOL - OCEAN/USDT chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.424767	0.497100	0.595200	0.661800	0.800300	0.985400	1.282000
Change (%)	-35.82%	-24.89%	-10.06%	-	+20.93%	+48.90%	+93.71%
Change	-0.237033	-0.164700	-0.066600	-	+0.138500	+0.323600	+0.620200
Level	Intermediate	Minor	Major	-	Minor	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	0.532500	0.561800	0.590800	0.620100	0.649100	0.678400	0.707400
Camarilla	0.603768	0.609112	0.614456	0.619800	0.625144	0.630488	0.635833
Woodie	0.532350	0.561725	0.590650	0.620025	0.648950	0.678325	0.707250
Fibonacci	0.561800	0.584071	0.597829	0.620100	0.642371	0.656129	0.678400

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.233167	0.359133	0.480267	0.606233	0.727367	0.853333	0.974467
Camarilla	0.533448	0.556098	0.578749	0.601400	0.624051	0.646702	0.669353
Woodie	0.230750	0.357925	0.477850	0.605025	0.724950	0.852125	0.972050
Fibonacci	0.359133	0.453526	0.511841	0.606233	0.700626	0.758941	0.853333

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.048400	0.213200	0.347400	0.512200	0.646400	0.811200	0.945400
Camarilla	0.399375	0.426783	0.454192	0.481600	0.509008	0.536417	0.563825
Woodie	0.033100	0.205550	0.332100	0.504550	0.631100	0.803550	0.930100
Fibonacci	0.213200	0.327418	0.397982	0.512200	0.626418	0.696982	0.811200

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):	67.87
MACD (12,26,9):	0.0384
Directional Movement:	23.384887
AROON (14):	35.714286
DEMA (21):	0.601334
Parabolic SAR (0,02-0,02-0,2):	0.508469
Elder Ray (13):	0.054821
Super Trend (3,10):	0.472163
Zig ZAG (10):	0.663400
VORTEX (21):	1.1483
Stochastique (14,3,5):	63.38
TEMA (21):	0.644904
Williams %R (14):	-25.15
Chande Momentum Oscillator (20):	0.180400
Repulse (5,40,3):	10.0610
ROCnROLL:	1
TRIX (15,9):	0.7460
Courbe Coppock:	66.95

MA7:	0.607086
MA20:	0.535310
MA50:	0.514392
MA100:	0.630578
MAexp7:	0.611250
MAexp20:	0.559335
MAexp50:	0.551594
MAexp100:	0.610854
Price / MA7:	+9.01%
Price / MA20:	+23.63%
Price / MA50:	+28.66%
Price / MA100:	+4.95%
Price / MAexp7:	+8.27%
Price / MAexp20:	+18.32%
Price / MAexp50:	+19.98%
Price / MAexp100:	+8.34%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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