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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 04/28/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 0.927029 USD
My targets
0.986000 USD (+3.43%)
1.057109 USD (+10.89%)
My analysis
The strong short-term increase for OCEAN PROTOCOL - OCEAN/USD reinforces the current slightly bullish trend. As long as the price remains above 0.927029 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.986000 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.057109 USD as an objective. Crossing it would then enable buyers to target 1.084831 USD. A return to 0.927029 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
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.

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

OCEAN PROTOCOL - OCEAN/USD rating 0.953292 USD. On the day, this instrument gained +4.40% and was between 0.912419 USD and 0.954276 USD. This implies that the price is at +4.48% from its lowest and at -0.10% from its highest.

0.912419
0.954276
0.953292

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by OCEAN PROTOCOL - OCEAN/USD:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this OCEAN PROTOCOL - OCEAN/USD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour


Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.853256 0.893575 0.927029 0.953292 0.986000 1.057109 1.084831
Change (%) -10.49% -6.26% -2.75% - +3.43% +10.89% +13.80%
Change -0.100036 -0.059717 -0.026263 - +0.032708 +0.103817 +0.131539
Level Minor Intermediate Minor - Major Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.8300000.8500000.8800000.9000000.9300000.9500000.980000
Camarilla0.8962500.9008330.9054170.9100000.9145830.9191670.923750
Woodie0.8350000.8525000.8850000.9025000.9350000.9525000.985000
Fibonacci0.8500000.8691000.8809000.9000000.9191000.9309000.950000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.6166670.7433330.8266670.9533331.0366671.1633331.246667
Camarilla0.8522500.8715000.8907500.9100000.9292500.9485000.967750
Woodie0.5950000.7325000.8050000.9425001.0150001.1525001.225000
Fibonacci0.7433330.8235530.8731130.9533331.0335531.0831131.163333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2000000.5700000.9300001.3000001.6600002.0300002.390000
Camarilla1.0892501.1561671.2230831.2900001.3569171.4238331.490750
Woodie0.1950000.5675000.9250001.2975001.6550002.0275002.385000
Fibonacci0.5700000.8488601.0211401.3000001.5788601.7511402.030000

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): 70.17
MACD (12,26,9): 0.0100
Directional Movement: 26.360000
AROON (14): 85.710000
DEMA (21): 0.920000
Parabolic SAR (0,02-0,02-0,2): 0.900000
Elder Ray (13): 0.030000
Super Trend (3,10): 0.920000
Zig ZAG (10): 0.950000
VORTEX (21): 1.2200
Stochastique (14,3,5): 94.04
TEMA (21): 0.940000
Williams %R (14): -6.47
Chande Momentum Oscillator (20): 0.060000
Repulse (5,40,3): 2.6900
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 7.94
MA7: 0.960000
MA20: 0.950000
MA50: 1.090000
MA100: 0.870000
MAexp7: 0.930000
MAexp20: 0.910000
MAexp50: 0.920000
MAexp100: 0.940000
Price / MA7: -0.70%
Price / MA20: +0.35%
Price / MA50: -12.54%
Price / MA100: +9.57%
Price / MAexp7: +2.15%
Price / MAexp20: +4.40%
Price / MAexp50: +3.26%
Price / MAexp100: +1.06%

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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