FANTOM - FTM/USDT - 15 min. - Technical analysis published on 02/19/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 0.431692 USDT
My targets
0.415397 USDT (-2.53%)
0.405510 USDT (-4.85%)
My analysis
The strong short-term decline of FANTOM - FTM/USDT reinforces the current slightly bearish trend. As long as the price remains below 0.431692 USDT, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.415397 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.405510 USDT as an objective. Crossing it would then enable sellers to target 0.389215 USDT. A return to above 0.431692 USDT would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.9
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This analysis was given by Matei21. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FANTOM - FTM/USDT rating 0.426191 USDT. The price registered an increase of +1.04% on the session with the lowest point at 0.421710 USDT and the highest point at 0.440699 USDT. The deviation from the price is +1.06% for the low point and -3.29% for the high point.0.421710
0.440699
0.426191
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this FANTOM - FTM/USDT chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 15 minutes
On the 18 technical indicators analysed, 4 are bullish, 6 are neutral and 8 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.405074 | 0.417602 | 0.425314 | 0.426191 | 0.465433 | 0.504721 | 0.555996 |
| Change (%) | -4.95% | -2.02% | -0.21% | - | +9.21% | +18.43% | +30.46% |
| Change | -0.021117 | -0.008589 | -0.000877 | - | +0.039242 | +0.078530 | +0.129805 |
| Level | Major | Minor | Intermediate | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.379328 | 0.389215 | 0.405510 | 0.415397 | 0.431692 | 0.441579 | 0.457874 |
| Camarilla | 0.414605 | 0.417005 | 0.419405 | 0.421805 | 0.424205 | 0.426605 | 0.429005 |
| Woodie | 0.382532 | 0.390817 | 0.408714 | 0.416999 | 0.434896 | 0.443181 | 0.461078 |
| Fibonacci | 0.389215 | 0.399217 | 0.405396 | 0.415397 | 0.425399 | 0.431578 | 0.441579 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.323584 | 0.348817 | 0.374848 | 0.400081 | 0.426112 | 0.451345 | 0.477376 |
| Camarilla | 0.386781 | 0.391481 | 0.396180 | 0.400879 | 0.405578 | 0.410277 | 0.414977 |
| Woodie | 0.323983 | 0.349017 | 0.375247 | 0.400281 | 0.426511 | 0.451545 | 0.477775 |
| Fibonacci | 0.348817 | 0.368400 | 0.380498 | 0.400081 | 0.419664 | 0.431762 | 0.451345 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.054211 | 0.180614 | 0.266567 | 0.392970 | 0.478923 | 0.605326 | 0.691279 |
| Camarilla | 0.294121 | 0.313587 | 0.333053 | 0.352519 | 0.371985 | 0.391451 | 0.410917 |
| Woodie | 0.033985 | 0.170502 | 0.246341 | 0.382858 | 0.458697 | 0.595214 | 0.671053 |
| Fibonacci | 0.180614 | 0.261734 | 0.311850 | 0.392970 | 0.474090 | 0.524206 | 0.605326 |
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): | 46.09 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | -2.627877 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.426505 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.423556 | |
| Elder Ray (13): | -0.000036 | |
| Super Trend (3,10): | 0.433436 | |
| Zig ZAG (10): | 0.425434 | |
| VORTEX (21): | 0.9394 | |
| Stochastique (14,3,5): | 27.67 | |
| TEMA (21): | 0.425458 | |
| Williams %R (14): | -84.42 | |
| Chande Momentum Oscillator (20): | -0.001546 | |
| Repulse (5,40,3): | -0.7091 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0332 | |
| Courbe Coppock: | 2.54 |
| MA7: | 0.411111 | |
| MA20: | 0.384567 | |
| MA50: | 0.388976 | |
| MA100: | 0.384683 | |
| MAexp7: | 0.426370 | |
| MAexp20: | 0.427802 | |
| MAexp50: | 0.428346 | |
| MAexp100: | 0.425037 | |
| Price / MA7: | +3.67% | |
| Price / MA20: | +10.82% | |
| Price / MA50: | +9.57% | |
| Price / MA100: | +10.79% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.38% | |
| Price / MAexp50: | -0.50% | |
| Price / MAexp100: | +0.27% |
Quotes :
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Real time data
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