FANTOM - FTM/USDT
FANTOM - FTM/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: FTMUSDT
ISIN:

FANTOM - FTM/USDT - Daily - Technical analysis published on 01/31/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.428467 USDT
My targets
0.587867 USDT (+14.24%)
0.677533 USDT (+31.66%)
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 0.428467 USDT. The next resistance located at 0.587867 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 0.677533 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

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 skyallex. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The FANTOM - FTM/USDT price is 0.514600 USDT. The price has increased by +6.74% since the last closing and was traded between 0.465800 USDT and 0.516200 USDT over the period. The price is currently at +10.48% from its lowest and -0.31% from its highest.

0.465800
0.516200
0.514600

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 FANTOM - FTM/USDT in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.287900 0.346800 0.409200 0.514600 0.916500 1.280000 1.636330
Change (%) -44.05% -32.61% -20.48% - +78.10% +148.74% +217.98%
Change -0.226700 -0.167800 -0.105400 - +0.401900 +0.765400 +1.121730
Level Major Intermediate Intermediate - Minor Minor Minor



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
Standard0.4220670.4382330.4601670.4763330.4982670.5144330.536367
Camarilla0.4716230.4751150.4786080.4821000.4855930.4890850.492578
Woodie0.4249500.4396750.4630500.4777750.5011500.5158750.539250
Fibonacci0.4382330.4527880.4617790.4763330.4908880.4998790.514433


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1993330.2690670.3587330.4284670.5181330.5878670.677533
Camarilla0.4045650.4191770.4337880.4484000.4630120.4776230.492235
Woodie0.2093000.2740500.3687000.4334500.5281000.5928500.687500
Fibonacci0.2690670.3299580.3675760.4284670.4893580.5269760.587867


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1118000.1516000.1757000.2155000.2396000.2794000.303500
Camarilla0.1822280.1880850.1939430.1998000.2056580.2115150.217373
Woodie0.1039500.1476750.1678500.2115750.2317500.2754750.295650
Fibonacci0.1516000.1760100.1910900.2155000.2399100.2549900.279400

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): 75.15
MACD (12,26,9): 0.0636
Directional Movement: 29.540263
AROON (14): 85.714286
DEMA (21): 0.471900
Parabolic SAR (0,02-0,02-0,2): 0.410778
Elder Ray (13): 0.062543
Super Trend (3,10): 0.363312
Zig ZAG (10): 0.511600
VORTEX (21): 1.2566
Stochastique (14,3,5): 95.52
TEMA (21): 0.505459
Williams %R (14): -1.88
Chande Momentum Oscillator (20): 0.207600
Repulse (5,40,3): 15.6634
ROCnROLL: 1
TRIX (15,9): 2.6773
Courbe Coppock: 101.86
MA7: 0.470457
MA20: 0.381070
MA50: 0.281116
MA100: 0.248947
MAexp7: 0.466577
MAexp20: 0.393490
MAexp50: 0.316788
MAexp100: 0.278692
Price / MA7: +9.38%
Price / MA20: +35.04%
Price / MA50: +83.06%
Price / MA100: +106.71%
Price / MAexp7: +10.29%
Price / MAexp20: +30.78%
Price / MAexp50: +62.44%
Price / MAexp100: +84.65%

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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