FANTOM - FTM/USDT - 1H - Technical analysis published on 02/09/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 0.488200 USDT
My targets
0.429800 USDT (-8.84%)
0.409200 USDT (-13.21%)
My analysis
The bearish trend is currently very strong for FANTOM - FTM/USDT. As long as the price remains below the resistance at 0.488200 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.429800 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.409200 USDT as an objective. Crossing it would then enable sellers to target 0.287900 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.5
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Additional analysis
Quotes
The FANTOM - FTM/USDT price is 0.471500 USDT. On the day, this instrument lost -10.34% with the lowest point at 0.466700 USDT and the highest point at 0.530500 USDT. The deviation from the price is +1.03% for the low point and -11.12% for the high point.0.466700
0.530500
0.471500
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FANTOM - FTM/USDT:
Technical
Technical analysis of this 1H chart of FANTOM - FTM/USDT indicates that the overall trend is strongly bearish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
Three black crows
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.197380 | 0.287900 | 0.409200 | 0.471500 | 0.496500 | 0.524100 | 0.541180 |
| Change (%) | -58.14% | -38.94% | -13.21% | - | +5.30% | +11.16% | +14.78% |
| Change | -0.274120 | -0.183600 | -0.062300 | - | +0.025000 | +0.052600 | +0.069680 |
| Level | Intermediate | Major | Minor | - | Minor | Intermediate | 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 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): | 23.83 | |
| MACD (12,26,9): | -0.0125 | |
| Directional Movement: | -32.759298 | |
| AROON (14): | -21.428571 | |
| DEMA (21): | 0.492991 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.517380 | |
| Elder Ray (13): | -0.025172 | |
| Super Trend (3,10): | 0.511641 | |
| Zig ZAG (10): | 0.469400 | |
| VORTEX (21): | 0.7684 | |
| Stochastique (14,3,5): | 16.67 | |
| TEMA (21): | 0.489560 | |
| Williams %R (14): | -98.19 | |
| Chande Momentum Oscillator (20): | -0.035100 | |
| Repulse (5,40,3): | -8.9889 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3052 | |
| Courbe Coppock: | 5.52 |
| MA7: | 0.560457 | |
| MA20: | 0.496305 | |
| MA50: | 0.345218 | |
| MA100: | 0.280209 | |
| MAexp7: | 0.494585 | |
| MAexp20: | 0.509141 | |
| MAexp50: | 0.528397 | |
| MAexp100: | 0.543793 | |
| Price / MA7: | -15.87% | |
| Price / MA20: | -5.00% | |
| Price / MA50: | +36.58% | |
| Price / MA100: | +68.27% | |
| Price / MAexp7: | -4.67% | |
| Price / MAexp20: | -7.39% | |
| Price / MAexp50: | -10.77% | |
| Price / MAexp100: | -13.29% |
Quotes :
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Real time data
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Cryptocompare
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