ORIGIN PROTOCOL - OGN/USD - 1H - Technical analysis published on 12/10/2024 (GMT)
- 137
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
33%
28%
My opinion
Bearish under 0.137736 USD
My targets
0.118346 USD (-9.41%)
0.115188 USD (-11.82%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ORIGIN PROTOCOL - OGN/USD as long as the price remains well below 0.137736 USD. The sellers' bearish objective is set at 0.118346 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.115188 USD. In case of crossing, the next objective would be the support located at 0.104397 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ORIGIN PROTOCOL - OGN/USD price is 0.130633 USD. On the day, this instrument lost -0.09% with the lowest point at 0.121663 USD and the highest point at 0.133363 USD. The deviation from the price is +7.37% for the low point and -2.05% for the high point.0.121663
0.133363
0.130633
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of ORIGIN PROTOCOL - OGN/USD in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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 this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Grip top and dark cloud cover
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.091855 | 0.104397 | 0.118346 | 0.130633 | 0.143269 | 0.151405 | 0.158700 |
Change (%) | -29.68% | -20.08% | -9.41% | - | +9.67% | +15.90% | +21.49% |
Change | -0.038778 | -0.026236 | -0.012287 | - | +0.012636 | +0.020772 | +0.028067 |
Level | Minor | Minor | Intermediate | - | Minor | 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 | 0.067537 | 0.092942 | 0.111847 | 0.137252 | 0.156157 | 0.181562 | 0.200467 |
Camarilla | 0.118568 | 0.122630 | 0.126691 | 0.130753 | 0.134815 | 0.138877 | 0.142938 |
Woodie | 0.064288 | 0.091317 | 0.108598 | 0.135627 | 0.152908 | 0.179937 | 0.197218 |
Fibonacci | 0.092942 | 0.109868 | 0.120325 | 0.137252 | 0.154178 | 0.164635 | 0.181562 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.097896 | 0.115188 | 0.137736 | 0.155028 | 0.177576 | 0.194868 | 0.217416 |
Camarilla | 0.149328 | 0.152980 | 0.156632 | 0.160284 | 0.163936 | 0.167588 | 0.171240 |
Woodie | 0.100524 | 0.116502 | 0.140364 | 0.156342 | 0.180204 | 0.196182 | 0.220044 |
Fibonacci | 0.115188 | 0.130407 | 0.139809 | 0.155028 | 0.170247 | 0.179649 | 0.194868 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.034821 | 0.056117 | 0.096536 | 0.117832 | 0.158251 | 0.179547 | 0.219966 |
Camarilla | 0.119983 | 0.125641 | 0.131298 | 0.136955 | 0.142612 | 0.148269 | 0.153927 |
Woodie | 0.044383 | 0.060898 | 0.106098 | 0.122613 | 0.167813 | 0.184328 | 0.229528 |
Fibonacci | 0.056117 | 0.079692 | 0.094257 | 0.117832 | 0.141407 | 0.155972 | 0.179547 |
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): | 37.46 | |
MACD (12,26,9): | -0.0056 | |
Directional Movement: | -23.504039 | |
AROON (14): | -28.571429 | |
DEMA (21): | 0.128428 | |
Parabolic SAR (0,02-0,02-0,2): | 0.118634 | |
Elder Ray (13): | -0.000878 | |
Super Trend (3,10): | 0.140230 | |
Zig ZAG (10): | 0.132260 | |
VORTEX (21): | 0.8663 | |
Stochastique (14,3,5): | 48.99 | |
TEMA (21): | 0.126979 | |
Williams %R (14): | -47.53 | |
Chande Momentum Oscillator (20): | -0.011265 | |
Repulse (5,40,3): | 3.3956 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.6078 | |
Courbe Coppock: | 19.17 |
MA7: | 0.152714 | |
MA20: | 0.136875 | |
MA50: | 0.109367 | |
MA100: | 0.097925 | |
MAexp7: | 0.131047 | |
MAexp20: | 0.136467 | |
MAexp50: | 0.144874 | |
MAexp100: | 0.150264 | |
Price / MA7: | -14.46% | |
Price / MA20: | -4.56% | |
Price / MA50: | +19.44% | |
Price / MA100: | +33.40% | |
Price / MAexp7: | -0.32% | |
Price / MAexp20: | -4.28% | |
Price / MAexp50: | -9.83% | |
Price / MAexp100: | -13.06% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
Add a comment
Comments
0 comments on the analysis ORIGIN PROTOCOL - OGN/USD - 1H