ORIGIN PROTOCOL - OGN/USD - 1H - Technical analysis published on 06/15/2024 (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
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 0.121221 USD
My targets
0.114331 USD (-3.88%)
0.109077 USD (-8.30%)
My analysis
ORIGIN PROTOCOL - OGN/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.121221 USD. The next support located at 0.114331 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.109077 USD. Below this support, sellers could then target 0.072345 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USD price is 0.118950 USD. The price registered a decrease of -0.06% on the session and was between 0.118831 USD and 0.119513 USD. This implies that the price is at +0.10% from its lowest and at -0.47% from its highest.0.118831
0.119513
0.118950
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 (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ORIGIN PROTOCOL - OGN/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 5 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.072345 | 0.114331 | 0.118950 | 0.121221 | 0.125641 | 0.133584 |
| Change (%) | -39.18% | -3.88% | - | +1.91% | +5.63% | +12.30% |
| Change | -0.046605 | -0.004619 | - | +0.002271 | +0.006691 | +0.014634 |
| Level | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.102004 | 0.108168 | 0.113593 | 0.119757 | 0.125182 | 0.131346 | 0.136771 |
| Camarilla | 0.115832 | 0.116894 | 0.117957 | 0.119019 | 0.120081 | 0.121144 | 0.122206 |
| Woodie | 0.101636 | 0.107983 | 0.113225 | 0.119572 | 0.124814 | 0.131161 | 0.136403 |
| Fibonacci | 0.108168 | 0.112595 | 0.115330 | 0.119757 | 0.124184 | 0.126919 | 0.131346 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.086931 | 0.109077 | 0.122133 | 0.144279 | 0.157335 | 0.179481 | 0.192537 |
| Camarilla | 0.125510 | 0.128736 | 0.131963 | 0.135190 | 0.138417 | 0.141644 | 0.144871 |
| Woodie | 0.082387 | 0.106805 | 0.117589 | 0.142007 | 0.152791 | 0.177209 | 0.187993 |
| Fibonacci | 0.109077 | 0.122524 | 0.130832 | 0.144279 | 0.157726 | 0.166034 | 0.179481 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.041917 | 0.082753 | 0.119206 | 0.160042 | 0.196495 | 0.237331 | 0.273784 |
| Camarilla | 0.134406 | 0.141490 | 0.148575 | 0.155660 | 0.162745 | 0.169830 | 0.176915 |
| Woodie | 0.039727 | 0.081657 | 0.117016 | 0.158946 | 0.194305 | 0.236235 | 0.271594 |
| Fibonacci | 0.082753 | 0.112277 | 0.130517 | 0.160042 | 0.189566 | 0.207806 | 0.237331 |
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): | 42.85 | |
| MACD (12,26,9): | -0.0016 | |
| Directional Movement: | -11.042695 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.118138 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.120018 | |
| Elder Ray (13): | -0.000099 | |
| Super Trend (3,10): | 0.120622 | |
| Zig ZAG (10): | 0.119102 | |
| VORTEX (21): | 0.8766 | |
| Stochastique (14,3,5): | 44.88 | |
| TEMA (21): | 0.117535 | |
| Williams %R (14): | -55.75 | |
| Chande Momentum Oscillator (20): | -0.005628 | |
| Repulse (5,40,3): | 0.8074 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1919 | |
| Courbe Coppock: | 9.94 |
| MA7: | 0.125795 | |
| MA20: | 0.144836 | |
| MA50: | 0.144236 | |
| MA100: | 0.173060 | |
| MAexp7: | 0.118777 | |
| MAexp20: | 0.120218 | |
| MAexp50: | 0.122710 | |
| MAexp100: | 0.126197 | |
| Price / MA7: | -5.44% | |
| Price / MA20: | -17.87% | |
| Price / MA50: | -17.53% | |
| Price / MA100: | -31.27% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | -1.05% | |
| Price / MAexp50: | -3.06% | |
| Price / MAexp100: | -5.74% |
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.
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