OCEAN PROTOCOL - OCEAN/USD
OCEAN PROTOCOL - OCEAN/USD
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Type: Cryptocurrencies
Ticker: OCEANUSD
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OCEAN PROTOCOL - OCEAN/USD - 1H - Technical analysis published on 04/01/2023 (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 bullish
Underlying: Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.345825 USD
My targets
0.360396 USD (+1.05%)
0.375928 USD (+5.40%)
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/USD as long as the price remains well above 0.345825 USD. The buyers' bullish objective is set at 0.360396 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.375928 USD. If there is any crossing, the next objective would be the resistance located at 0.394258 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4

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:
15 min. Daily Weekly

Additional analysis

Quotes

The OCEAN PROTOCOL - OCEAN/USD price is 0.356657 USD. The price registered a decrease of -0.08% on the session and was traded between 0.356176 USD and 0.364946 USD over the period. The price is currently at +0.14% from its lowest and -2.27% from its highest.

0.356176
0.364946
0.356657

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


A technical analysis in 1H of this OCEAN PROTOCOL - OCEAN/USD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.322550 0.332683 0.345825 0.356657 0.360396 0.375928 0.394258
Change (%) -9.56% -6.72% -3.04% - +1.05% +5.40% +10.54%
Change -0.034107 -0.023974 -0.010832 - +0.003739 +0.019271 +0.037601
Level Intermediate Minor Major - 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
Standard0.3221330.3305990.3437670.3522330.3654010.3738670.387035
Camarilla0.3509850.3529680.3549510.3569340.3589170.3609000.362883
Woodie0.3244830.3317750.3461170.3534090.3677510.3750430.389385
Fibonacci0.3305990.3388640.3439690.3522330.3604980.3656030.373867


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2404470.2895140.3170540.3661210.3936610.4427280.470268
Camarilla0.3235260.3305480.3375710.3445930.3516150.3586380.365660
Woodie0.2296830.2841320.3062900.3607390.3828970.4373460.459504
Fibonacci0.2895140.3187780.3368580.3661210.3953850.4134650.442728


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1147110.2002370.2785860.3641120.4424610.5279870.606336
Camarilla0.3118680.3268900.3419120.3569340.3719560.3869780.402000
Woodie0.1111220.1984430.2749970.3623180.4388720.5261930.602747
Fibonacci0.2002370.2628380.3015120.3641120.4267130.4653870.527987

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 66.65
MACD (12,26,9): 0.0035
Directional Movement: 28.381126
AROON (14): 50.000000
DEMA (21): 0.358759
Parabolic SAR (0,02-0,02-0,2): 0.356765
Elder Ray (13): 0.003469
Super Trend (3,10): 0.349757
Zig ZAG (10): 0.360325
VORTEX (21): 1.2614
Stochastique (14,3,5): 69.82
TEMA (21): 0.361581
Williams %R (14): -31.74
Chande Momentum Oscillator (20): 0.009982
Repulse (5,40,3): 0.0992
ROCnROLL: 1
TRIX (15,9): 0.1264
Courbe Coppock: 5.77
MA7: 0.349105
MA20: 0.370931
MA50: 0.396652
MA100: 0.340803
MAexp7: 0.358795
MAexp20: 0.354504
MAexp50: 0.350658
MAexp100: 0.348943
Price / MA7: +2.16%
Price / MA20: -3.85%
Price / MA50: -10.08%
Price / MA100: +4.65%
Price / MAexp7: -0.60%
Price / MAexp20: +0.61%
Price / MAexp50: +1.71%
Price / MAexp100: +2.21%

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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