FANTOM - FTM/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	FTMUSDT
ISIN:

FANTOM - FTM/USDT - Weekly - Technical analysis published on 10/01/2022 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 0.312967 USDT

My targets

0.198533 USDT (-11.53%)

0.171967 USDT (-23.37%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FANTOM - FTM/USDT as long as the price remains well below 0.312967 USDT. The sellers' bearish objective is set at 0.198533 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.171967 USDT. In case of crossing, the next objective would be the support located at 0.128033 USDT.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FANTOM - FTM/USDT rating is 0.224400 USDT. The price registered a decrease of -0.05% over 5 days and has been traded over the last 5 days between 0.218600 USDT and 0.237600 USDT. This implies that the 5 day price is +2.65% from its lowest point and -5.56% from its highest point.

0.218600

0.237600

0.224400

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this FANTOM - FTM/USDT chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Weekly

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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 horizontal support

Type : Bullish

Timeframe : Weekly

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Bearish harami

Type : Bearish

Timeframe : Weekly

Doji

Type : Neutral

Timeframe : Weekly

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.222600	0.224400	1.280000	1.657000	3.309000
Change (%)	-0.80%	-	+470.41%	+638.41%	+1,374.60%
Change	-0.001800	-	+1.055600	+1.432600	+3.084600
Level	Major	-	Minor	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.214500	0.219100	0.222100	0.226700	0.229700	0.234300	0.237300
Camarilla	0.223010	0.223707	0.224403	0.225100	0.225797	0.226493	0.227190
Woodie	0.213700	0.218700	0.221300	0.226300	0.228900	0.233900	0.236500
Fibonacci	0.219100	0.222003	0.223797	0.226700	0.229603	0.231397	0.234300

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.173300	0.194600	0.211200	0.232500	0.249100	0.270400	0.287000
Camarilla	0.217378	0.220852	0.224326	0.227800	0.231274	0.234748	0.238223
Woodie	0.170950	0.193425	0.208850	0.231325	0.246750	0.269225	0.284650
Fibonacci	0.194600	0.209078	0.218022	0.232500	0.246978	0.255922	0.270400

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.128033	0.171967	0.198533	0.242467	0.269033	0.312967	0.339533
Camarilla	0.205713	0.212175	0.218638	0.225100	0.231563	0.238025	0.244488
Woodie	0.119350	0.167625	0.189850	0.238125	0.260350	0.308625	0.330850
Fibonacci	0.171967	0.198898	0.215536	0.242467	0.269398	0.286036	0.312967

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):	34.82
MACD (12,26,9):	-0.2186
Directional Movement:	-8.172806
AROON (14):	-42.857143
DEMA (21):	0.101552
Parabolic SAR (0,02-0,02-0,2):	0.299053
Elder Ray (13):	-0.083753
Super Trend (3,10):	0.546566
Zig ZAG (10):	0.224200
VORTEX (21):	0.7801
Stochastique (14,3,5):	7.16
TEMA (21):	0.084740
Williams %R (14):	-95.95
Chande Momentum Oscillator (20):	-0.042200
Repulse (5,40,3):	-21.1857
ROCnROLL:	2
TRIX (15,9):	-4.6836
Courbe Coppock:	26.52

MA7:	0.226457
MA20:	0.234340
MA50:	0.271374
MA100:	0.289197
MAexp7:	0.256148
MAexp20:	0.420376
MAexp50:	0.743383
MAexp100:	0.744542
Price / MA7:	-0.91%
Price / MA20:	-4.24%
Price / MA50:	-17.31%
Price / MA100:	-22.41%
Price / MAexp7:	-12.39%
Price / MAexp20:	-46.62%
Price / MAexp50:	-69.81%
Price / MAexp100:	-69.86%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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