OCEAN PROTOCOL - OCEAN/USD - 1H - Technical analysis published on 03/08/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
39%
11%
50%
My opinion
Bearish under 0.280159 USD
My targets
0.261982 USD (-0.83%)
0.254842 USD (-3.54%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on OCEAN PROTOCOL - OCEAN/USD as long as the price remains well below 0.280159 USD. The next bearish objective for sellers is set at 0.261982 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.254842 USD. If there is any crossing, the next objective would be the support located at 0.246450 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
4.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
OCEAN PROTOCOL - OCEAN/USD rating 0.264184 USD. The price is lower by -0.12% since the last closing and was traded between 0.255499 USD and 0.270804 USD over the period. The price is currently at +3.40% from its lowest and -2.44% from its highest.0.255499
0.270804
0.264184
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of OCEAN PROTOCOL - OCEAN/USD indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, only 7 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 2
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.246450 | 0.254842 | 0.261982 | 0.264184 | 0.280159 | 0.292759 | 0.337209 |
| Change (%) | -6.71% | -3.54% | -0.83% | - | +6.05% | +10.82% | +27.64% |
| Change | -0.017734 | -0.009342 | -0.002202 | - | +0.015975 | +0.028575 | +0.073025 |
| Level | Intermediate | Minor | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.229142 | 0.241928 | 0.253220 | 0.266006 | 0.277298 | 0.290084 | 0.301376 |
| Camarilla | 0.257892 | 0.260099 | 0.262306 | 0.264513 | 0.266720 | 0.268927 | 0.271135 |
| Woodie | 0.228396 | 0.241555 | 0.252474 | 0.265633 | 0.276552 | 0.289711 | 0.300630 |
| Fibonacci | 0.241928 | 0.251126 | 0.256808 | 0.266006 | 0.275204 | 0.280886 | 0.290084 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.154008 | 0.207964 | 0.244053 | 0.298009 | 0.334098 | 0.388054 | 0.424143 |
| Camarilla | 0.255381 | 0.263635 | 0.271889 | 0.280143 | 0.288397 | 0.296651 | 0.304905 |
| Woodie | 0.145076 | 0.203497 | 0.235121 | 0.293542 | 0.325166 | 0.383587 | 0.415211 |
| Fibonacci | 0.207964 | 0.242361 | 0.263612 | 0.298009 | 0.332406 | 0.353657 | 0.388054 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011656 | 0.136788 | 0.211802 | 0.336934 | 0.411948 | 0.537080 | 0.612094 |
| Camarilla | 0.231777 | 0.250124 | 0.268470 | 0.286817 | 0.305164 | 0.323510 | 0.341857 |
| Woodie | -0.013402 | 0.124259 | 0.186744 | 0.324405 | 0.386890 | 0.524551 | 0.587036 |
| Fibonacci | 0.136788 | 0.213243 | 0.260478 | 0.336934 | 0.413389 | 0.460624 | 0.537080 |
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): | 46.88 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | -9.938442 | |
| AROON (14): | 0 | |
| DEMA (21): | 0.262757 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.269372 | |
| Elder Ray (13): | -0.000482 | |
| Super Trend (3,10): | 0.276529 | |
| Zig ZAG (10): | 0.263814 | |
| VORTEX (21): | 0.9605 | |
| Stochastique (14,3,5): | 55.24 | |
| TEMA (21): | 0.263236 | |
| Williams %R (14): | -47.22 | |
| Chande Momentum Oscillator (20): | 0.007035 | |
| Repulse (5,40,3): | 1.0167 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0905 | |
| Courbe Coppock: | 0.56 |
| MA7: | 0.278365 | |
| MA20: | 0.304932 | |
| MA50: | 0.375812 | |
| MA100: | 0.523962 | |
| MAexp7: | 0.263946 | |
| MAexp20: | 0.264618 | |
| MAexp50: | 0.267404 | |
| MAexp100: | 0.271011 | |
| Price / MA7: | -5.09% | |
| Price / MA20: | -13.36% | |
| Price / MA50: | -29.70% | |
| Price / MA100: | -49.58% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | -0.16% | |
| Price / MAexp50: | -1.20% | |
| Price / MAexp100: | -2.52% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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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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