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OCEAN PROTOCOL - OCEAN/USDT
OCEAN PROTOCOL - OCEAN/USDT
- USDT (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: OCEANUSDT
ISIN:

OCEAN PROTOCOL - OCEAN/USDT - 1H - Technical analysis published on 04/28/2024 (GMT)

  • 310
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Neutral
Technical indicators
72%
6%
22%
My opinion
Neutral between 0.918568 USDT and 0.956667 USDT
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 0.956667 USDT. The first support is located at 0.918568 USDT. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by OCEAN PROTOCOL - OCEAN/USDT.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

nicholasagee
This analysis was given by nicholasagee. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The OCEAN PROTOCOL - OCEAN/USDT price is 0.934546 USDT. The price has increased by +2.21% since the last closing with the lowest point at 0.911810 USDT and the highest point at 0.957340 USDT. The deviation from the price is +2.49% for the low point and -2.38% for the high point.

0.911810
0.957340
0.934546

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning


Bearish opening

Type : Bearish

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 OCEAN PROTOCOL - OCEAN/USDT indicates that the overall trend is not clearly defined. The slightly bullish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bullish trend. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



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

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

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:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.853604 0.895314 0.918568 0.934546 0.985400 1.058884 1.085549
Change (%) -8.66% -4.20% -1.71% - +5.44% +13.30% +16.16%
Change -0.080942 -0.039232 -0.015978 - +0.050854 +0.124338 +0.151003
Level Minor Intermediate Minor - Major Intermediate Intermediate



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
Standard0.8300000.8500000.8800000.9000000.9300000.9500000.980000
Camarilla0.8962500.9008330.9054170.9100000.9145830.9191670.923750
Woodie0.8350000.8525000.8850000.9025000.9350000.9525000.985000
Fibonacci0.8500000.8691000.8809000.9000000.9191000.9309000.950000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6033330.7366670.8233330.9566671.0433331.1766671.263333
Camarilla0.8495000.8696670.8898330.9100000.9301670.9503330.970500
Woodie0.5800000.7250000.8000000.9450001.0200001.1650001.240000
Fibonacci0.7366670.8207070.8726270.9566671.0407071.0926271.176667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2000000.5700000.9300001.3000001.6600002.0300002.390000
Camarilla1.0892501.1561671.2230831.2900001.3569171.4238331.490750
Woodie0.1950000.5675000.9250001.2975001.6550002.0275002.385000
Fibonacci0.5700000.8488601.0211401.3000001.5788601.7511402.030000

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): 61.43
MACD (12,26,9): 0.0100
Directional Movement: 15.790000
AROON (14): 71.430000
DEMA (21): 0.930000
Parabolic SAR (0,02-0,02-0,2): 0.920000
Elder Ray (13): 0.010000
Super Trend (3,10): 0.910000
Zig ZAG (10): 0.940000
VORTEX (21): 1.2200
Stochastique (14,3,5): 67.79
TEMA (21): 0.940000
Williams %R (14): -35.61
Chande Momentum Oscillator (20): 0.030000
Repulse (5,40,3): -0.3200
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 8.09
MA7: 0.960000
MA20: 0.940000
MA50: 1.090000
MA100: 0.870000
MAexp7: 0.930000
MAexp20: 0.920000
MAexp50: 0.920000
MAexp100: 0.940000
Price / MA7: -2.65%
Price / MA20: -0.58%
Price / MA50: -14.26%
Price / MA100: +7.42%
Price / MAexp7: -0%
Price / MAexp20: +1.09%
Price / MAexp50: +1.09%
Price / MAexp100: -1.06%

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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