FANTOM - FTM/USDT - 1H - Technical analysis published on 01/31/2023 (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
94%
0%
6%
My opinion
Bullish above 0.495889 USDT
My targets
0.518133 USDT (+0.80%)
0.587867 USDT (+14.37%)
My analysis
FANTOM - FTM/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.495889 USDT. The next resistance located at 0.518133 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.587867 USDT. After this resistance, buyers could then target 0.916500 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
9.1
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Additional analysis
Quotes
The FANTOM - FTM/USDT price is 0.514000 USDT. The price has increased by +6.62% since the last closing and was between 0.465800 USDT and 0.516200 USDT. This implies that the price is at +10.35% from its lowest and at -0.43% from its highest.0.465800
0.516200
0.514000
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FANTOM - FTM/USDT 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
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 : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.454971 | 0.483882 | 0.495889 | 0.514000 | 0.916500 | 1.280000 | 1.636330 |
| Change (%) | -11.48% | -5.86% | -3.52% | - | +78.31% | +149.03% | +218.35% |
| Change | -0.059029 | -0.030118 | -0.018111 | - | +0.402500 | +0.766000 | +1.122330 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.422067 | 0.438233 | 0.460167 | 0.476333 | 0.498267 | 0.514433 | 0.536367 |
| Camarilla | 0.471623 | 0.475115 | 0.478608 | 0.482100 | 0.485593 | 0.489085 | 0.492578 |
| Woodie | 0.424950 | 0.439675 | 0.463050 | 0.477775 | 0.501150 | 0.515875 | 0.539250 |
| Fibonacci | 0.438233 | 0.452788 | 0.461779 | 0.476333 | 0.490888 | 0.499879 | 0.514433 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.199333 | 0.269067 | 0.358733 | 0.428467 | 0.518133 | 0.587867 | 0.677533 |
| Camarilla | 0.404565 | 0.419177 | 0.433788 | 0.448400 | 0.463012 | 0.477623 | 0.492235 |
| Woodie | 0.209300 | 0.274050 | 0.368700 | 0.433450 | 0.528100 | 0.592850 | 0.687500 |
| Fibonacci | 0.269067 | 0.329958 | 0.367576 | 0.428467 | 0.489358 | 0.526976 | 0.587867 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.111800 | 0.151600 | 0.175700 | 0.215500 | 0.239600 | 0.279400 | 0.303500 |
| Camarilla | 0.182228 | 0.188085 | 0.193943 | 0.199800 | 0.205658 | 0.211515 | 0.217373 |
| Woodie | 0.103950 | 0.147675 | 0.167850 | 0.211575 | 0.231750 | 0.275475 | 0.295650 |
| Fibonacci | 0.151600 | 0.176010 | 0.191090 | 0.215500 | 0.239910 | 0.254990 | 0.279400 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.01 | |
| MACD (12,26,9): | 0.0075 | |
| Directional Movement: | 24.470392 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.494530 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.478700 | |
| Elder Ray (13): | 0.021983 | |
| Super Trend (3,10): | 0.477734 | |
| Zig ZAG (10): | 0.511700 | |
| VORTEX (21): | 1.2197 | |
| Stochastique (14,3,5): | 90.11 | |
| TEMA (21): | 0.500027 | |
| Williams %R (14): | -9.05 | |
| Chande Momentum Oscillator (20): | 0.031900 | |
| Repulse (5,40,3): | 3.2135 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1064 | |
| Courbe Coppock: | 8.51 |
| MA7: | 0.470457 | |
| MA20: | 0.381070 | |
| MA50: | 0.281116 | |
| MA100: | 0.248947 | |
| MAexp7: | 0.497869 | |
| MAexp20: | 0.486133 | |
| MAexp50: | 0.478428 | |
| MAexp100: | 0.468519 | |
| Price / MA7: | +9.26% | |
| Price / MA20: | +34.88% | |
| Price / MA50: | +82.84% | |
| Price / MA100: | +106.47% | |
| Price / MAexp7: | +3.24% | |
| Price / MAexp20: | +5.73% | |
| Price / MAexp50: | +7.44% | |
| Price / MAexp100: | +9.71% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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