FANTOM - FTM/USDT

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	FTMUSDT
ISIN:

FANTOM - FTM/USDT - 15 min. - Technical analysis published on 04/24/2023 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

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FANTOM - FTM/USDT Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

11%

My opinion

Bullish above 0.414067 USDT

My targets

0.426033 USDT (+0.27%)

0.439967 USDT (+3.55%)

My analysis

The strong short-term increase for FANTOM - FTM/USDT reinforces the current slightly bullish trend. As long as the price remains above 0.414067 USDT, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.426033 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.439967 USDT as an objective. Crossing it would then enable buyers to target 0.451933 USDT. A return to 0.414067 USDT would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.6

Comment on the analysis

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 mdz.

Additional analysis

Quotes

The FANTOM - FTM/USDT price is 0.424900 USDT. The price is lower by -0.72% since the last closing and was traded between 0.414900 USDT and 0.434700 USDT over the period. The price is currently at +2.41% from its lowest and -2.25% from its highest.

0.414900

0.434700

0.424900

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this 15 min. chart of FANTOM - FTM/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 15 minutes

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes

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 harami

Type : Bullish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.288000	0.334700	0.410500	0.424900	0.454222	0.467500	0.507900
Change (%)	-32.22%	-21.23%	-3.39%	-	+6.90%	+10.03%	+19.53%
Change	-0.136900	-0.090200	-0.014400	-	+0.029322	+0.042600	+0.083000
Level	Minor	Intermediate	Major	-	Minor	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.388167	0.400133	0.414067	0.426033	0.439967	0.451933	0.465867
Camarilla	0.420878	0.423252	0.425626	0.428000	0.430374	0.432748	0.435123
Woodie	0.389150	0.400625	0.415050	0.426525	0.440950	0.452425	0.466850
Fibonacci	0.400133	0.410027	0.416140	0.426033	0.435927	0.442040	0.451933

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.260933	0.339867	0.388033	0.466967	0.515133	0.594067	0.642233
Camarilla	0.401248	0.412898	0.424549	0.436200	0.447851	0.459502	0.471153
Woodie	0.245550	0.332175	0.372650	0.459275	0.499750	0.586375	0.626850
Fibonacci	0.339867	0.388419	0.418415	0.466967	0.515519	0.545515	0.594067

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.117700	0.211000	0.343400	0.436700	0.569100	0.662400	0.794800
Camarilla	0.413733	0.434422	0.455111	0.475800	0.496489	0.517178	0.537868
Woodie	0.137250	0.220775	0.362950	0.446475	0.588650	0.672175	0.814350
Fibonacci	0.211000	0.297217	0.350483	0.436700	0.522917	0.576183	0.662400

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.45
MACD (12,26,9):	0.0008
Directional Movement:	14.919025
AROON (14):	100.000000
DEMA (21):	0.423204
Parabolic SAR (0,02-0,02-0,2):	0.418899
Elder Ray (13):	0.002995
Super Trend (3,10):	0.419814
Zig ZAG (10):	0.424900
VORTEX (21):	1.1407
Stochastique (14,3,5):	84.82
TEMA (21):	0.424428
Williams %R (14):	-25.00
Chande Momentum Oscillator (20):	0.006500
Repulse (5,40,3):	-0.5682
ROCnROLL:	1
TRIX (15,9):	-0.0108
Courbe Coppock:	2.77

MA7:	0.454729
MA20:	0.476430
MA50:	0.450804
MA100:	0.447538
MAexp7:	0.424152
MAexp20:	0.422755
MAexp50:	0.423128
MAexp100:	0.424480
Price / MA7:	-6.56%
Price / MA20:	-10.82%
Price / MA50:	-5.75%
Price / MA100:	-5.06%
Price / MAexp7:	+0.18%
Price / MAexp20:	+0.51%
Price / MAexp50:	+0.42%
Price / MAexp100:	+0.10%

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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