OCEAN PROTOCOL - OCEAN/USD - 1H - Technical analysis published on 08/18/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
56%
11%
33%
My opinion
Neutral between 0.361474 USD and 0.379841 USD
My targets
-
My analysis
The short-term increase on OCEAN PROTOCOL - OCEAN/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.379841 USD. The first support is located at 0.361474 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The OCEAN PROTOCOL - OCEAN/USD price is 0.367573 USD. On the day, this instrument gained +1.44% and was between 0.357170 USD and 0.367573 USD. This implies that the price is at +2.91% from its lowest and at 0% from its highest.0.357170
0.367573
0.367573
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of OCEAN PROTOCOL - OCEAN/USD indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.280087 | 0.348532 | 0.361474 | 0.367573 | 0.379841 | 0.399327 | 0.409984 |
| Change (%) | -23.80% | -5.18% | -1.66% | - | +3.34% | +8.64% | +11.54% |
| Change | -0.087486 | -0.019041 | -0.006099 | - | +0.012268 | +0.031754 | +0.042411 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.339801 | 0.346665 | 0.354508 | 0.361372 | 0.369215 | 0.376079 | 0.383922 |
| Camarilla | 0.358307 | 0.359655 | 0.361003 | 0.362351 | 0.363699 | 0.365047 | 0.366395 |
| Woodie | 0.340291 | 0.346910 | 0.354998 | 0.361617 | 0.369705 | 0.376324 | 0.384412 |
| Fibonacci | 0.346665 | 0.352283 | 0.355754 | 0.361372 | 0.366990 | 0.370461 | 0.376079 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.277873 | 0.313164 | 0.337758 | 0.373049 | 0.397643 | 0.432934 | 0.457528 |
| Camarilla | 0.345883 | 0.351372 | 0.356862 | 0.362351 | 0.367841 | 0.373330 | 0.378819 |
| Woodie | 0.272524 | 0.310490 | 0.332409 | 0.370375 | 0.392294 | 0.430260 | 0.452179 |
| Fibonacci | 0.313164 | 0.336040 | 0.350173 | 0.373049 | 0.395925 | 0.410058 | 0.432934 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.192252 | 0.324798 | 0.412226 | 0.544772 | 0.632200 | 0.764746 | 0.852174 |
| Camarilla | 0.439162 | 0.459326 | 0.479491 | 0.499655 | 0.519819 | 0.539984 | 0.560148 |
| Woodie | 0.169694 | 0.313519 | 0.389668 | 0.533493 | 0.609642 | 0.753467 | 0.829616 |
| Fibonacci | 0.324798 | 0.408828 | 0.460742 | 0.544772 | 0.628802 | 0.680716 | 0.764746 |
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): | 52.60 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 4.913603 | |
| AROON (14): | 28.571429 | |
| DEMA (21): | 0.361215 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.365837 | |
| Elder Ray (13): | 0.000693 | |
| Super Trend (3,10): | 0.373987 | |
| Zig ZAG (10): | 0.361932 | |
| VORTEX (21): | 1.0459 | |
| Stochastique (14,3,5): | 38.41 | |
| TEMA (21): | 0.362270 | |
| Williams %R (14): | -56.97 | |
| Chande Momentum Oscillator (20): | 0.000106 | |
| Repulse (5,40,3): | -0.6735 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0107 | |
| Courbe Coppock: | 1.46 |
| MA7: | 0.367903 | |
| MA20: | 0.396585 | |
| MA50: | 0.492847 | |
| MA100: | 0.650021 | |
| MAexp7: | 0.361454 | |
| MAexp20: | 0.360679 | |
| MAexp50: | 0.361888 | |
| MAexp100: | 0.364774 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -7.32% | |
| Price / MA50: | -25.42% | |
| Price / MA100: | -43.45% | |
| Price / MAexp7: | +1.69% | |
| Price / MAexp20: | +1.91% | |
| Price / MAexp50: | +1.57% | |
| Price / MAexp100: | +0.77% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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