ORCHID - OXT/USD - 1H - Technical analysis published on 09/05/2022 (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
Short term:
Neutral
Underlying:
Bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 0.101455 USD
My targets
0.105183 USD (+1.82%)
0.107226 USD (+3.80%)
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 0.101455 USD remains possible. It is advisable to trade ORCHID PROTOCOL - OXT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.101455 USD. The next bullish objective for buyers is set at 0.105183 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.107226 USD. If there is any crossing, the next objective would be the resistance located at 0.111800 USD. PS: if there is a bearish break in the support located at 0.101455 USD 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ORCHID PROTOCOL - OXT/USD rating 0.103304 USD. On the day, this instrument lost -0.08% and was between 0.101846 USD and 0.109671 USD. This implies that the price is at +1.43% from its lowest and at -5.81% from its highest.0.101846
0.109671
0.103304
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ORCHID PROTOCOL - OXT/USD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.099026 | 0.100419 | 0.101455 | 0.103304 | 0.105183 | 0.107226 | 0.111800 |
| Change (%) | -4.14% | -2.79% | -1.79% | - | +1.82% | +3.80% | +8.22% |
| Change | -0.004278 | -0.002885 | -0.001849 | - | +0.001879 | +0.003922 | +0.008496 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.081082 | 0.090991 | 0.097188 | 0.107097 | 0.113294 | 0.123203 | 0.129400 |
| Camarilla | 0.098956 | 0.100432 | 0.101909 | 0.103385 | 0.104861 | 0.106338 | 0.107814 |
| Woodie | 0.079226 | 0.090063 | 0.095332 | 0.106169 | 0.111438 | 0.122275 | 0.127544 |
| Fibonacci | 0.090991 | 0.097144 | 0.100945 | 0.107097 | 0.113250 | 0.117051 | 0.123203 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.089447 | 0.094237 | 0.097647 | 0.102437 | 0.105847 | 0.110637 | 0.114047 |
| Camarilla | 0.098803 | 0.099555 | 0.100306 | 0.101058 | 0.101810 | 0.102561 | 0.103313 |
| Woodie | 0.088758 | 0.093892 | 0.096958 | 0.102092 | 0.105158 | 0.110292 | 0.113358 |
| Fibonacci | 0.094237 | 0.097369 | 0.099304 | 0.102437 | 0.105569 | 0.107504 | 0.110637 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.049321 | 0.074173 | 0.088587 | 0.113439 | 0.127853 | 0.152705 | 0.167119 |
| Camarilla | 0.092202 | 0.095801 | 0.099401 | 0.103000 | 0.106599 | 0.110199 | 0.113798 |
| Woodie | 0.044101 | 0.071564 | 0.083367 | 0.110830 | 0.122633 | 0.150096 | 0.161899 |
| Fibonacci | 0.074173 | 0.089173 | 0.098440 | 0.113439 | 0.128439 | 0.137706 | 0.152705 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.63 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 20.118426 | |
| AROON (14): | 14.285714 | |
| DEMA (21): | 0.104575 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.103025 | |
| Elder Ray (13): | -0.000003 | |
| Super Trend (3,10): | 0.107330 | |
| Zig ZAG (10): | 0.104271 | |
| VORTEX (21): | 0.9881 | |
| Stochastique (14,3,5): | 33.59 | |
| TEMA (21): | 0.104602 | |
| Williams %R (14): | -70.22 | |
| Chande Momentum Oscillator (20): | 0.000873 | |
| Repulse (5,40,3): | -0.7204 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0553 | |
| Courbe Coppock: | 2.18 |
| MA7: | 0.102326 | |
| MA20: | 0.107372 | |
| MA50: | 0.114999 | |
| MA100: | 0.112181 | |
| MAexp7: | 0.104435 | |
| MAexp20: | 0.103972 | |
| MAexp50: | 0.103206 | |
| MAexp100: | 0.102849 | |
| Price / MA7: | +0.96% | |
| Price / MA20: | -3.79% | |
| Price / MA50: | -10.17% | |
| Price / MA100: | -7.91% | |
| Price / MAexp7: | -1.08% | |
| Price / MAexp20: | -0.64% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.44% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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