OCEAN PROTOCOL - OCEAN/USD - 15 min. - Technical analysis published on 11/01/2023 (GMT)
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- Timeframe : 15 min.
- - 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
28%
44%
28%
My opinion
Bearish under 0.372294 USD
My targets
0.351388 USD (-4.46%)
0.327794 USD (-10.88%)
My analysis
The bearish trend is currently very strong for OCEAN PROTOCOL - OCEAN/USD. As long as the price remains below the resistance at 0.372294 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.351388 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.327794 USD as an objective. Crossing it would then enable sellers to target 0.306888 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.9
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
OCEAN PROTOCOL - OCEAN/USD rating 0.367800 USD. The price registered a decrease of -1.92% on the session and was traded between 0.360900 USD and 0.382600 USD over the period. The price is currently at +1.91% from its lowest and -3.87% from its highest.0.360900
0.382600
0.367800
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by OCEAN PROTOCOL - OCEAN/USD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on OCEAN PROTOCOL - OCEAN/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of OCEAN PROTOCOL - OCEAN/USD in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 85.71% 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 detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.329667 | 0.339022 | 0.356589 | 0.367800 | 0.382099 | 0.392320 | 0.410097 |
| Change (%) | -10.37% | -7.82% | -3.05% | - | +3.89% | +6.67% | +11.50% |
| Change | -0.038133 | -0.028778 | -0.011211 | - | +0.014299 | +0.024520 | +0.042297 |
| Level | Minor | Major | Minor | - | Intermediate | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.306888 | 0.327794 | 0.351388 | 0.372294 | 0.395888 | 0.416794 | 0.440388 |
| Camarilla | 0.362745 | 0.366824 | 0.370903 | 0.374982 | 0.379061 | 0.383140 | 0.387220 |
| Woodie | 0.308232 | 0.328466 | 0.352732 | 0.372966 | 0.397232 | 0.417466 | 0.441732 |
| Fibonacci | 0.327794 | 0.344793 | 0.355295 | 0.372294 | 0.389293 | 0.399795 | 0.416794 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.192439 | 0.237669 | 0.301839 | 0.347069 | 0.411239 | 0.456469 | 0.520639 |
| Camarilla | 0.335923 | 0.345951 | 0.355980 | 0.366008 | 0.376036 | 0.386065 | 0.396093 |
| Woodie | 0.201908 | 0.242404 | 0.311308 | 0.351804 | 0.420708 | 0.461204 | 0.530108 |
| Fibonacci | 0.237669 | 0.279460 | 0.305279 | 0.347069 | 0.388860 | 0.414679 | 0.456469 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.175953 | 0.223046 | 0.299014 | 0.346107 | 0.422075 | 0.469168 | 0.545136 |
| Camarilla | 0.341140 | 0.352421 | 0.363701 | 0.374982 | 0.386263 | 0.397543 | 0.408824 |
| Woodie | 0.190391 | 0.230265 | 0.313452 | 0.353326 | 0.436513 | 0.476387 | 0.559574 |
| Fibonacci | 0.223046 | 0.270055 | 0.299098 | 0.346107 | 0.393116 | 0.422159 | 0.469168 |
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): | 37.64 | |
| MACD (12,26,9): | -0.0026 | |
| Directional Movement: | -18.814338 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.365808 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.360900 | |
| Elder Ray (13): | -0.002299 | |
| Super Trend (3,10): | 0.369300 | |
| Zig ZAG (10): | 0.365081 | |
| VORTEX (21): | 0.6924 | |
| Stochastique (14,3,5): | 30.31 | |
| TEMA (21): | 0.363114 | |
| Williams %R (14): | -56.01 | |
| Chande Momentum Oscillator (20): | -0.004587 | |
| Repulse (5,40,3): | 0.8135 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0694 | |
| Courbe Coppock: | 4.95 |
| MA7: | 0.364848 | |
| MA20: | 0.318589 | |
| MA50: | 0.314305 | |
| MA100: | 0.321457 | |
| MAexp7: | 0.365379 | |
| MAexp20: | 0.368623 | |
| MAexp50: | 0.370605 | |
| MAexp100: | 0.372774 | |
| Price / MA7: | +0.81% | |
| Price / MA20: | +15.45% | |
| Price / MA50: | +17.02% | |
| Price / MA100: | +14.42% | |
| Price / MAexp7: | +0.66% | |
| Price / MAexp20: | -0.22% | |
| Price / MAexp50: | -0.76% | |
| Price / MAexp100: | -1.33% |
Quotes :
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Real time data
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