Free DeepOnion (ONION) Technical Analysis Signals

Overal Signal
Hold
Signals
Neutral Buy Hold Hold
Last Update / Period
06 Feb / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

DeepOnion (ONION) signal with technical analysis on 06 Feb

On 06 Feb, we conducted a comprehensive technical analysis of DeepOnion (ONION), considering 256 signals with intricate details. Here are the key findings: 112 signals suggested buy strategies, while 38 indicated sell strategies. The remaining 106 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 16
Sell Signals: 16
Neutral Signals: 32
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 30
Sell Signals: 9
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 34
Sell Signals: 7
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 32
Sell Signals: 6
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 112
Sell Signals: 38
Neutral Signals: 106
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your DeepOnion (ONION) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for DeepOnion (ONION) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

DeepOnion (ONION) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

DeepOnion (ONION) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 46.52%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **DeepOnion (ONION)** holdings.

DeepOnion (ONION) Price Analysis and Resistance Levels:

Given our current long position in DeepOnion (ONION), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0.0532): The primary hurdle is the 0.0532 price level. If the prevailing trend remains unchanged, DeepOnion (ONION) could break above this level, indicating its strength and potential for further growth.

Second resistance level (0.055): If the upward trend shows significant strength, DeepOnion (ONION) may cross the second resistance level at 0.055, signaling a significant upside move and a promising direction for our position.

Third resistance level (0.0625): For a more comprehensive analysis, we should consider a scenario where DeepOnion (ONION) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for DeepOnion (ONION) to reach the third resistance level at 0.0625.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading DeepOnion (ONION), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

DeepOnion (ONION) technical analysis chart

DeepOnion (ONION) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.0532 0.055 0.0625 0.0958 0.1441
Support 0.0352 0.0303 0.0299 0.0273 0.0202
 DeepOnion (ONION) Support and Resistance area (06 Feb)

DeepOnion (ONION) signals list for 06 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

DeepOnion (ONION) candlestick patterns on 06 Feb

Today's DeepOnion (ONION) Candle Patterns List:

Doji Short Line Candle

DeepOnion (ONION) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Feb Hold NeutralHoldHoldHold
2 04 Feb Hold NeutralHoldHoldHold
3 03 Feb Hold NeutralHoldHoldHold
4 02 Feb Hold HoldHoldHoldHold
5 01 Feb Hold HoldHoldHoldHold
6 31 Jan Hold HoldHoldHoldHold
7 30 Jan Buy BuyBuyBuyBuy
8 29 Jan Hold NeutralSellNeutralNeutral
9 28 Jan Hold NeutralNeutralNeutralHold
10 27 Jan Hold HoldNeutralHoldHold
11 26 Jan Hold HoldNeutralHoldNeutral
12 25 Jan Hold HoldNeutralNeutralHold
13 24 Jan Hold HoldNeutralHoldHold
14 23 Jan Hold NeutralNeutralHoldHold
15 22 Jan Sell SellHoldHoldHold
16 21 Jan Hold NeutralHoldHoldHold
17 20 Jan Hold NeutralHoldHoldHold
18 19 Jan Hold NeutralHoldHoldHold
19 18 Jan Hold NeutralHoldHoldHold
20 17 Jan Hold NeutralHoldHoldHold
21 16 Jan Hold HoldHoldHoldHold
22 15 Jan Hold HoldHoldHoldHold
23 14 Jan Hold HoldHoldHoldHold
24 13 Jan Sell HoldHoldSellSell
25 12 Jan Hold HoldSellNeutralNeutral
26 11 Jan Sell SellNeutralNeutralNeutral
27 10 Jan Neutral NeutralHoldHoldNeutral
28 09 Jan Neutral NeutralHoldHoldNeutral
29 08 Jan Buy NeutralHoldBuyNeutral
30 05 Jan Buy HoldHoldNeutralNeutral

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