FETCH.AI - FET/USD - 1H - Technical analysis published on 02/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.686153 USD
My targets
0.721826 USD (+0.20%)
0.766932 USD (+6.46%)
My analysis
The bullish trend is currently very strong on FETCH.AI - FET/USD. As long as the price remains above the support at 0.686153 USD, you could try to benefit from the boom. The first bullish objective is located at 0.721826 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.766932 USD as an objective. Crossing it would then enable buyers to target 0.952200 USD. 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
8.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FETCH.AI - FET/USD rating 0.720393 USD. On the day, this instrument gained +10.18% with the lowest point at 0.649090 USD and the highest point at 0.732643 USD. The deviation from the price is +10.99% for the low point and -1.67% for the high point.0.649090
0.732643
0.720393
Here is a more detailed summary of the historical variations registered by FETCH.AI - FET/USD:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FETCH.AI - FET/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.652799 | 0.674489 | 0.686153 | 0.720393 | 0.766932 | 0.952200 |
| Change (%) | -9.38% | -6.37% | -4.75% | - | +6.46% | +32.18% |
| Change | -0.067594 | -0.045904 | -0.034240 | - | +0.046539 | +0.231807 |
| Level | Intermediate | Minor | Intermediate | - | 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 | 0.589330 | 0.616282 | 0.635045 | 0.661997 | 0.680760 | 0.707712 | 0.726475 |
| Camarilla | 0.641236 | 0.645427 | 0.649618 | 0.653808 | 0.657999 | 0.662189 | 0.666380 |
| Woodie | 0.585236 | 0.614235 | 0.630951 | 0.659950 | 0.676666 | 0.705665 | 0.722381 |
| Fibonacci | 0.616282 | 0.633745 | 0.644534 | 0.661997 | 0.679460 | 0.690249 | 0.707712 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.419743 | 0.464063 | 0.546238 | 0.590558 | 0.672733 | 0.717053 | 0.799228 |
| Camarilla | 0.593628 | 0.605223 | 0.616819 | 0.628414 | 0.640009 | 0.651605 | 0.663200 |
| Woodie | 0.438672 | 0.473527 | 0.565167 | 0.600022 | 0.691662 | 0.726517 | 0.818157 |
| Fibonacci | 0.464063 | 0.512384 | 0.542237 | 0.590558 | 0.638879 | 0.668732 | 0.717053 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.213854 | 0.369892 | 0.467840 | 0.623878 | 0.721826 | 0.877864 | 0.975812 |
| Camarilla | 0.495942 | 0.519224 | 0.542506 | 0.565788 | 0.589070 | 0.612352 | 0.635634 |
| Woodie | 0.184809 | 0.355370 | 0.438795 | 0.609356 | 0.692781 | 0.863342 | 0.946767 |
| Fibonacci | 0.369892 | 0.466915 | 0.526855 | 0.623878 | 0.720901 | 0.780841 | 0.877864 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 71.80 | |
| MACD (12,26,9): | 0.0083 | |
| Directional Movement: | 29.746015 | |
| AROON (14): | 78.571429 | |
| DEMA (21): | 0.686640 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.668302 | |
| Elder Ray (13): | 0.024714 | |
| Super Trend (3,10): | 0.665495 | |
| Zig ZAG (10): | 0.730443 | |
| VORTEX (21): | 1.0904 | |
| Stochastique (14,3,5): | 70.45 | |
| TEMA (21): | 0.694447 | |
| Williams %R (14): | -10.02 | |
| Chande Momentum Oscillator (20): | 0.074408 | |
| Repulse (5,40,3): | 4.9961 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0348 | |
| Courbe Coppock: | 9.43 |
| MA7: | 0.665136 | |
| MA20: | 0.600689 | |
| MA50: | 0.634301 | |
| MA100: | 0.598965 | |
| MAexp7: | 0.692076 | |
| MAexp20: | 0.677293 | |
| MAexp50: | 0.671575 | |
| MAexp100: | 0.661166 | |
| Price / MA7: | +8.31% | |
| Price / MA20: | +19.93% | |
| Price / MA50: | +13.57% | |
| Price / MA100: | +20.27% | |
| Price / MAexp7: | +4.09% | |
| Price / MAexp20: | +6.36% | |
| Price / MAexp50: | +7.27% | |
| Price / MAexp100: | +8.96% |
Quotes :
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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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