Londinia Opportunities Analyses - 01/27/2023 (GMT) OCEAN PROTOCOL (X10000) - OCEAN/BTC - 1H
| Type: | Cryptocurrencies |
| Ticker: | OCEANBTC |
| ISIN: |
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.159855 BTC
My targets
0.168165 BTC (+3.11%)
0.186725 BTC (+14.49%)
My analysis
The bullish trend is currently very strong on OCEAN PROTOCOL (X10000) - OCEAN/BTC. As long as the price remains above the support at 0.159855 BTC, you could try to benefit from the boom. The first bullish objective is located at 0.168165 BTC. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.186725 BTC as an objective. Crossing it would then enable buyers to target 0.232474 BTC. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
8.4
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The OCEAN PROTOCOL (X10000) - OCEAN/BTC price is 0.163086 BTC. On the day, this instrument gained +1.13% with the lowest point at 0.160799 BTC and the highest point at 0.163953 BTC. The deviation from the price is +1.42% for the low point and -0.53% for the high point.0.160799
0.163953
0.163086
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of OCEAN PROTOCOL (X10000) - OCEAN/BTC indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
An assessment of technical indicators shows a strong bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.138271 | 0.148501 | 0.159855 | 0.163086 | 0.163272 | 0.168165 | 0.232474 |
| Change (%) | -15.22% | -8.94% | -1.98% | - | +0.11% | +3.11% | +42.55% |
| Change | -0.024815 | -0.014585 | -0.003231 | - | +0.000186 | +0.005079 | +0.069388 |
| Level | Minor | Intermediate | Minor | - | Minor | Intermediate | 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 | 0.139208 | 0.146181 | 0.153720 | 0.160693 | 0.168232 | 0.175205 | 0.182744 |
| Camarilla | 0.157268 | 0.158599 | 0.159929 | 0.161259 | 0.162589 | 0.163920 | 0.165250 |
| Woodie | 0.139491 | 0.146323 | 0.154003 | 0.160835 | 0.168515 | 0.175347 | 0.183027 |
| Fibonacci | 0.146181 | 0.151725 | 0.155149 | 0.160693 | 0.166237 | 0.169661 | 0.175205 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.070388 | 0.093531 | 0.116985 | 0.140128 | 0.163582 | 0.186725 | 0.210179 |
| Camarilla | 0.127624 | 0.131895 | 0.136167 | 0.140438 | 0.144709 | 0.148981 | 0.153252 |
| Woodie | 0.070543 | 0.093609 | 0.117140 | 0.140206 | 0.163737 | 0.186803 | 0.210334 |
| Fibonacci | 0.093531 | 0.111331 | 0.122328 | 0.140128 | 0.157928 | 0.168925 | 0.186725 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.046598 | 0.064524 | 0.081523 | 0.099449 | 0.116448 | 0.134374 | 0.151373 |
| Camarilla | 0.088918 | 0.092119 | 0.095321 | 0.098522 | 0.101724 | 0.104925 | 0.108126 |
| Woodie | 0.046135 | 0.064292 | 0.081060 | 0.099217 | 0.115985 | 0.134142 | 0.150910 |
| Fibonacci | 0.064524 | 0.077865 | 0.086108 | 0.099449 | 0.112790 | 0.121033 | 0.134374 |
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): | 57.87 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 25.556864 | |
| AROON (14): | -28.571429 | |
| DEMA (21): | 0.160901 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.153841 | |
| Elder Ray (13): | 0.002572 | |
| Super Trend (3,10): | 0.153613 | |
| Zig ZAG (10): | 0.161913 | |
| VORTEX (21): | 1.0841 | |
| Stochastique (14,3,5): | 57.12 | |
| TEMA (21): | 0.161414 | |
| Williams %R (14): | -41.99 | |
| Chande Momentum Oscillator (20): | -0.001692 | |
| Repulse (5,40,3): | -0.4990 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0919 | |
| Courbe Coppock: | 1.03 |
| MA7: | 0.153169 | |
| MA20: | 0.136296 | |
| MA50: | 0.113606 | |
| MA100: | 0.099223 | |
| MAexp7: | 0.160819 | |
| MAexp20: | 0.159370 | |
| MAexp50: | 0.157481 | |
| MAexp100: | 0.154126 | |
| Price / MA7: | +6.47% | |
| Price / MA20: | +19.66% | |
| Price / MA50: | +43.55% | |
| Price / MA100: | +64.36% | |
| Price / MAexp7: | +1.41% | |
| Price / MAexp20: | +2.33% | |
| Price / MAexp50: | +3.56% | |
| Price / MAexp100: | +5.81% |
Quotes :
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Real time data
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Cryptocompare