FANTOM - FTM/USDT - 1H - Technical analysis published on 02/02/2023 (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
56%
6%
39%
My opinion
Bullish above 0.530700 USDT
My targets
0.587867 USDT (+2.83%)
0.677533 USDT (+18.51%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FANTOM - FTM/USDT as long as the price remains well above 0.530700 USDT. The buyers' bullish objective is set at 0.587867 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.677533 USDT. If there is any crossing, the next objective would be the resistance located at 0.916500 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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This analysis was given by Hungary22. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FANTOM - FTM/USDT rating is 0.571700 USDT. The price is lower by -0.68% since the last closing and was traded between 0.564800 USDT and 0.597800 USDT over the period. The price is currently at +1.22% from its lowest and -4.37% from its highest.0.564800
0.597800
0.571700
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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
A technical analysis in 1H of this FANTOM - FTM/USDT chart shows a strongly bullish trend. 92.86% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.455000 | 0.496824 | 0.530700 | 0.571700 | 0.916500 | 1.280000 | 1.636330 |
| Change (%) | -20.41% | -13.10% | -7.17% | - | +60.31% | +123.89% | +186.22% |
| Change | -0.116700 | -0.074876 | -0.041000 | - | +0.344800 | +0.708300 | +1.064630 |
| Level | Intermediate | Major | Minor | - | Minor | Minor | Minor |
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 | 0.417500 | 0.457000 | 0.516300 | 0.555800 | 0.615100 | 0.654600 | 0.713900 |
| Camarilla | 0.548430 | 0.557487 | 0.566543 | 0.575600 | 0.584657 | 0.593713 | 0.602770 |
| Woodie | 0.427400 | 0.461950 | 0.526200 | 0.560750 | 0.625000 | 0.659550 | 0.723800 |
| Fibonacci | 0.457000 | 0.494742 | 0.518058 | 0.555800 | 0.593542 | 0.616858 | 0.654600 |
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 | -0.049433 | 0.074033 | 0.306367 | 0.429833 | 0.662167 | 0.785633 | 1.017967 |
| Camarilla | 0.440855 | 0.473470 | 0.506085 | 0.538700 | 0.571315 | 0.603930 | 0.636545 |
| Woodie | 0.005000 | 0.101250 | 0.360800 | 0.457050 | 0.716600 | 0.812850 | 1.072400 |
| Fibonacci | 0.074033 | 0.209949 | 0.293918 | 0.429833 | 0.565749 | 0.649718 | 0.785633 |
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): | 60.88 | |
| MACD (12,26,9): | 0.0145 | |
| Directional Movement: | 19.326213 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.578792 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.555968 | |
| Elder Ray (13): | 0.005670 | |
| Super Trend (3,10): | 0.539955 | |
| Zig ZAG (10): | 0.573500 | |
| VORTEX (21): | 1.1578 | |
| Stochastique (14,3,5): | 74.51 | |
| TEMA (21): | 0.582140 | |
| Williams %R (14): | -26.41 | |
| Chande Momentum Oscillator (20): | 0.011500 | |
| Repulse (5,40,3): | 0.1670 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4008 | |
| Courbe Coppock: | 20.01 |
| MA7: | 0.510586 | |
| MA20: | 0.411590 | |
| MA50: | 0.294838 | |
| MA100: | 0.256562 | |
| MAexp7: | 0.572332 | |
| MAexp20: | 0.559508 | |
| MAexp50: | 0.535185 | |
| MAexp100: | 0.510642 | |
| Price / MA7: | +11.97% | |
| Price / MA20: | +38.90% | |
| Price / MA50: | +93.90% | |
| Price / MA100: | +122.83% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | +2.18% | |
| Price / MAexp50: | +6.82% | |
| Price / MAexp100: | +11.96% |
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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