FANTOM - FTM/USDT - 1H - Technical analysis published on 02/09/2023 (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 bearish
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.524100 USDT
My targets
0.496500 USDT (-2.42%)
0.488200 USDT (-4.05%)
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 0.524100 USDT. The sellers' bearish objective is set at 0.496500 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.488200 USDT. In case of crossing, the next objective would be the support located at 0.409200 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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Additional analysis
Quotes
FANTOM - FTM/USDT rating 0.508800 USDT. The price registered a decrease of -3.25% on the session and was traded between 0.489200 USDT and 0.530500 USDT over the period. The price is currently at +4.01% from its lowest and -4.09% from its highest.0.489200
0.530500
0.508800
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of FANTOM - FTM/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.287900 | 0.409200 | 0.496500 | 0.508800 | 0.524100 | 0.541180 | 0.579000 |
| Change (%) | -43.42% | -19.58% | -2.42% | - | +3.01% | +6.36% | +13.80% |
| Change | -0.220900 | -0.099600 | -0.012300 | - | +0.015300 | +0.032380 | +0.070200 |
| Level | Major | Minor | Minor | - | Intermediate | 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 | 0.408700 | 0.462300 | 0.494100 | 0.547700 | 0.579500 | 0.633100 | 0.664900 |
| Camarilla | 0.502415 | 0.510243 | 0.518072 | 0.525900 | 0.533728 | 0.541557 | 0.549385 |
| Woodie | 0.397800 | 0.456850 | 0.483200 | 0.542250 | 0.568600 | 0.627650 | 0.654000 |
| Fibonacci | 0.462300 | 0.494923 | 0.515077 | 0.547700 | 0.580323 | 0.600477 | 0.633100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.278900 | 0.362000 | 0.488200 | 0.571300 | 0.697500 | 0.780600 | 0.906800 |
| Camarilla | 0.556843 | 0.576028 | 0.595214 | 0.614400 | 0.633586 | 0.652772 | 0.671958 |
| Woodie | 0.300450 | 0.372775 | 0.509750 | 0.582075 | 0.719050 | 0.791375 | 0.928350 |
| Fibonacci | 0.362000 | 0.441953 | 0.491347 | 0.571300 | 0.651253 | 0.700647 | 0.780600 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.049500 | 0.074000 | 0.306300 | 0.429800 | 0.662100 | 0.785600 | 1.017900 |
| Camarilla | 0.440755 | 0.473370 | 0.505985 | 0.538600 | 0.571215 | 0.603830 | 0.636445 |
| Woodie | 0.004900 | 0.101200 | 0.360700 | 0.457000 | 0.716500 | 0.812800 | 1.072300 |
| Fibonacci | 0.074000 | 0.209916 | 0.293884 | 0.429800 | 0.565716 | 0.649684 | 0.785600 |
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): | 40.54 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -15.355187 | |
| AROON (14): | -14.285715 | |
| DEMA (21): | 0.504515 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.517802 | |
| Elder Ray (13): | -0.001720 | |
| Super Trend (3,10): | 0.527027 | |
| Zig ZAG (10): | 0.513100 | |
| VORTEX (21): | 0.9624 | |
| Stochastique (14,3,5): | 55.45 | |
| TEMA (21): | 0.503157 | |
| Williams %R (14): | -38.98 | |
| Chande Momentum Oscillator (20): | -0.014900 | |
| Repulse (5,40,3): | 0.6249 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3331 | |
| Courbe Coppock: | 5.88 |
| MA7: | 0.566857 | |
| MA20: | 0.498520 | |
| MA50: | 0.346100 | |
| MA100: | 0.280640 | |
| MAexp7: | 0.511291 | |
| MAexp20: | 0.518689 | |
| MAexp50: | 0.535599 | |
| MAexp100: | 0.548849 | |
| Price / MA7: | -10.24% | |
| Price / MA20: | +2.06% | |
| Price / MA50: | +47.01% | |
| Price / MA100: | +81.30% | |
| Price / MAexp7: | -0.49% | |
| Price / MAexp20: | -1.91% | |
| Price / MAexp50: | -5.00% | |
| Price / MAexp100: | -7.30% |
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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