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 10/11/2022 (GMT)

Londinia

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 0.222600 USDT

My targets

0.171967 USDT (-15.79%)

0.128033 USDT (-37.30%)

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 0.222600 USDT. The sellers' bearish objective is set at 0.171967 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.128033 USDT.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

5.9

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 Rachid007. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FANTOM - FTM/USDT rating is 0.204200 USDT. The price is lower by -9.69% over the 5 days and was traded between 0.201400 USDT and 0.224600 USDT over the period. The price is currently at +1.39% from its lowest point and -9.08% from its highest point.

0.201400

0.224600

0.204200

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, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Weekly chart of FANTOM - FTM/USDT indicates that the overall trend is bearish. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

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

Price

	Price	R1	R2	R3
ProTrendLines	0.204200	0.222600	1.280000	1.657000
Change (%)	-	+9.01%	+526.84%	+711.46%
Change	-	+0.018400	+1.075800	+1.452800
Level	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.184233	0.196067	0.202133	0.213967	0.220033	0.231867	0.237933
Camarilla	0.203278	0.204918	0.206559	0.208200	0.209841	0.211482	0.213123
Woodie	0.181350	0.194625	0.199250	0.212525	0.217150	0.230425	0.235050
Fibonacci	0.196067	0.202905	0.207129	0.213967	0.220805	0.225029	0.231867

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.200867	0.208233	0.214867	0.222233	0.228867	0.236233	0.242867
Camarilla	0.217650	0.218933	0.220217	0.221500	0.222783	0.224067	0.225350
Woodie	0.200500	0.208050	0.214500	0.222050	0.228500	0.236050	0.242500
Fibonacci	0.208233	0.213581	0.216885	0.222233	0.227581	0.230885	0.236233

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	34.33
MACD (12,26,9):	-0.2000
Directional Movement:	-8.802155
AROON (14):	-64.285714
DEMA (21):	0.086605
Parabolic SAR (0,02-0,02-0,2):	0.268302
Elder Ray (13):	-0.071546
Super Trend (3,10):	0.483119
Zig ZAG (10):	0.206900
VORTEX (21):	0.9297
Stochastique (14,3,5):	2.11
TEMA (21):	0.093794
Williams %R (14):	-97.47
Chande Momentum Oscillator (20):	-0.151000
Repulse (5,40,3):	-19.9755
ROCnROLL:	2
TRIX (15,9):	-4.7453
Courbe Coppock:	35.25

MA7:	0.218000
MA20:	0.223810
MA50:	0.247162
MA100:	0.284218
MAexp7:	0.236403
MAexp20:	0.382415
MAexp50:	0.702449
MAexp100:	0.723623
Price / MA7:	-6.33%
Price / MA20:	-8.76%
Price / MA50:	-17.38%
Price / MA100:	-28.15%
Price / MAexp7:	-13.62%
Price / MAexp20:	-46.60%
Price / MAexp50:	-70.93%
Price / MAexp100:	-71.78%

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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