OCEAN PROTOCOL - OCEAN/USD - Weekly - Technical analysis published on 11/02/2023 (GMT)
- 171
- 0
Click here for a new analysis!
- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Additional analysis
Quotes
The OCEAN PROTOCOL - OCEAN/USD rating is 0.399300 USD. The price registered an increase of +19.23% over 5 days and has been traded over the last 5 days between 0.342378 USD and 0.405500 USD. This implies that the 5 day price is +16.63% from its lowest point and -1.53% from its highest point.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.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
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
A technical analysis in Weekly of this OCEAN PROTOCOL - OCEAN/USD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Weekly
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Weekly
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Weekly
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Weekly
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.124364 | 0.339022 | 0.399300 | 0.520602 | 0.986000 | 1.286050 |
Change (%) | -68.85% | -15.10% | - | +30.38% | +146.93% | +222.08% |
Change | -0.274936 | -0.060278 | - | +0.121302 | +0.586700 | +0.886750 |
Level | Minor | Major | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.331567 | 0.346233 | 0.374767 | 0.389433 | 0.417967 | 0.432633 | 0.461167 |
Camarilla | 0.391420 | 0.395380 | 0.399340 | 0.403300 | 0.407260 | 0.411220 | 0.415180 |
Woodie | 0.338500 | 0.349700 | 0.381700 | 0.392900 | 0.424900 | 0.436100 | 0.468100 |
Fibonacci | 0.346233 | 0.362736 | 0.372931 | 0.389433 | 0.405936 | 0.416131 | 0.432633 |
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 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
RSI (14): | 60.93 | |
MACD (12,26,9): | 0.0024 | |
Directional Movement: | 8.017759 | |
AROON (14): | 78.571429 | |
DEMA (21): | 0.337493 | |
Parabolic SAR (0,02-0,02-0,2): | 0.249279 | |
Elder Ray (13): | 0.041977 | |
Super Trend (3,10): | 0.257219 | |
Zig ZAG (10): | 0.398955 | |
VORTEX (21): | 1.1022 | |
Stochastique (14,3,5): | 66.54 | |
TEMA (21): | 0.333397 | |
Williams %R (14): | -2.51 | |
Chande Momentum Oscillator (20): | 0.059292 | |
Repulse (5,40,3): | 23.5430 | |
ROCnROLL: | 1 | |
TRIX (15,9): | -0.0896 | |
Courbe Coppock: | 8.19 |
MA7: | 0.379305 | |
MA20: | 0.326071 | |
MA50: | 0.316767 | |
MA100: | 0.322338 | |
MAexp7: | 0.341464 | |
MAexp20: | 0.333980 | |
MAexp50: | 0.334083 | |
MAexp100: | 0.361450 | |
Price / MA7: | +5.27% | |
Price / MA20: | +22.46% | |
Price / MA50: | +26.05% | |
Price / MA100: | +23.88% | |
Price / MAexp7: | +16.94% | |
Price / MAexp20: | +19.56% | |
Price / MAexp50: | +19.52% | |
Price / MAexp100: | +10.47% |
Add a comment
Comments
0 comments on the analysis OCEAN PROTOCOL - OCEAN/USD - Weekly