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

OCEAN PROTOCOL - OCEAN/USD - 1H - Technical analysis published on 09/23/2023 (GMT)

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Londinia
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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: Bullish
Underlying: Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 0.326058 USD
My targets
0.331235 USD (+0.87%)
0.356576 USD (+8.58%)
My analysis
A bullish trend on OCEAN PROTOCOL - OCEAN/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.326058 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 0.331235 USD. Then the price could move towards 0.356576 USD. Then 0.382099 USD by extension. Be careful, a return below 0.326058 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
3.6

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.

Londinia
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 0.328387 USD. The price registered a decrease of -0.20% on the session with the lowest point at 0.325452 USD and the highest point at 0.330674 USD. The deviation from the price is +0.90% for the low point and -0.69% for the high point.

0.325452
0.330674
0.328387

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of OCEAN PROTOCOL - OCEAN/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 10 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour


MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

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 0.312407 0.321961 0.326058 0.328387 0.331235 0.382099 0.410097
Change (%) -4.87% -1.96% -0.71% - +0.87% +16.36% +24.88%
Change -0.015980 -0.006426 -0.002329 - +0.002848 +0.053712 +0.081710
Level Minor Major Minor - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3169600.3205220.3249010.3284630.3328420.3364040.340783
Camarilla0.3270960.3278240.3285520.3292800.3300080.3307360.331464
Woodie0.3173690.3207260.3253100.3286670.3332510.3366080.341192
Fibonacci0.3205220.3235560.3254300.3284630.3314970.3333710.336404


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2795510.2908760.3052260.3165510.3309010.3422260.356576
Camarilla0.3125140.3148680.3172220.3195750.3219290.3242820.326636
Woodie0.2810630.2916320.3067380.3173070.3324130.3429820.358088
Fibonacci0.2908760.3006840.3067440.3165510.3263590.3324190.342226


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1690040.2134770.2674080.3118810.3658120.4102850.464216
Camarilla0.2942790.3032990.3123200.3213400.3303600.3393810.348401
Woodie0.1737340.2158420.2721380.3142460.3705420.4126500.468946
Fibonacci0.2134770.2510670.2742900.3118810.3494710.3726940.410285

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): 46.63
MACD (12,26,9): 0.0000
Directional Movement: 2.838519
AROON (14): -57.142857
DEMA (21): 0.327879
Parabolic SAR (0,02-0,02-0,2): 0.325901
Elder Ray (13): -0.000025
Super Trend (3,10): 0.325588
Zig ZAG (10): 0.327017
VORTEX (21): 0.8248
Stochastique (14,3,5): 61.03
TEMA (21): 0.327563
Williams %R (14): -53.82
Chande Momentum Oscillator (20): -0.001409
Repulse (5,40,3): -0.3827
ROCnROLL: -1
TRIX (15,9): -0.0024
Courbe Coppock: 0.37
MA7: 0.322490
MA20: 0.320779
MA50: 0.322189
MA100: 0.337359
MAexp7: 0.327877
MAexp20: 0.327879
MAexp50: 0.327330
MAexp100: 0.325458
Price / MA7: +1.83%
Price / MA20: +2.37%
Price / MA50: +1.92%
Price / MA100: -2.66%
Price / MAexp7: +0.16%
Price / MAexp20: +0.15%
Price / MAexp50: +0.32%
Price / MAexp100: +0.90%

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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Londinia
Londinia AI

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