FANTOM - FTM/USDT - 15 min. - Technical analysis published on 10/21/2024 (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:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.744910 USDT
My targets
0.726468 USDT (-1.55%)
0.689582 USDT (-6.55%)
My analysis
FANTOM - FTM/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.744910 USDT. The next support located at 0.726468 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.689582 USDT. Below this support, sellers could then target 0.671140 USDT. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7
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This analysis was given by donger. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FANTOM - FTM/USDT rating is 0.737884 USDT. The price is lower by -3.34% since the last closing and was traded between 0.733552 USDT and 0.794418 USDT over the period. The price is currently at +0.59% from its lowest and -7.12% from its highest.0.733552
0.794418
0.737884
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 (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FANTOM - FTM/USDT in 15 min. shows a overall strongly bearish trend. 85.71% 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, 12 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.651375 | 0.683440 | 0.705685 | 0.737884 | 0.745736 | 0.762311 | 0.795825 |
| Change (%) | -11.72% | -7.38% | -4.36% | - | +1.06% | +3.31% | +7.85% |
| Change | -0.086509 | -0.054444 | -0.032199 | - | +0.007852 | +0.024427 | +0.057941 |
| Level | Minor | Minor | Major | - | Major | 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 | 0.671140 | 0.689582 | 0.726468 | 0.744910 | 0.781796 | 0.800238 | 0.837124 |
| Camarilla | 0.748138 | 0.753210 | 0.758281 | 0.763353 | 0.768425 | 0.773497 | 0.778568 |
| Woodie | 0.680361 | 0.694193 | 0.735689 | 0.749521 | 0.791017 | 0.804849 | 0.846345 |
| Fibonacci | 0.689582 | 0.710718 | 0.723775 | 0.744910 | 0.766046 | 0.779103 | 0.800238 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.504312 | 0.577843 | 0.648762 | 0.722293 | 0.793212 | 0.866743 | 0.937662 |
| Camarilla | 0.679956 | 0.693198 | 0.706439 | 0.719680 | 0.732921 | 0.746163 | 0.759404 |
| Woodie | 0.503005 | 0.577190 | 0.647455 | 0.721640 | 0.791905 | 0.866090 | 0.936355 |
| Fibonacci | 0.577843 | 0.633023 | 0.667113 | 0.722293 | 0.777473 | 0.811563 | 0.866743 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.077830 | 0.217508 | 0.455485 | 0.595163 | 0.833140 | 0.972818 | 1.210795 |
| Camarilla | 0.589608 | 0.624226 | 0.658845 | 0.693463 | 0.728081 | 0.762700 | 0.797318 |
| Woodie | 0.126981 | 0.242083 | 0.504636 | 0.619738 | 0.882291 | 0.997393 | 1.259946 |
| Fibonacci | 0.217508 | 0.361772 | 0.450899 | 0.595163 | 0.739427 | 0.828554 | 0.972818 |
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): | 32.20 | |
| MACD (12,26,9): | -0.0048 | |
| Directional Movement: | -23.433067 | |
| AROON (14): | -92.857143 | |
| DEMA (21): | 0.738266 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.748213 | |
| Elder Ray (13): | -0.007590 | |
| Super Trend (3,10): | 0.749385 | |
| Zig ZAG (10): | 0.734348 | |
| VORTEX (21): | 0.8798 | |
| Stochastique (14,3,5): | 18.16 | |
| TEMA (21): | 0.736981 | |
| Williams %R (14): | -97.87 | |
| Chande Momentum Oscillator (20): | -0.013771 | |
| Repulse (5,40,3): | -0.1421 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0840 | |
| Courbe Coppock: | 2.53 |
| MA7: | 0.739027 | |
| MA20: | 0.687174 | |
| MA50: | 0.607823 | |
| MA100: | 0.517279 | |
| MAexp7: | 0.739707 | |
| MAexp20: | 0.744671 | |
| MAexp50: | 0.751143 | |
| MAexp100: | 0.750780 | |
| Price / MA7: | -0.15% | |
| Price / MA20: | +7.38% | |
| Price / MA50: | +21.40% | |
| Price / MA100: | +42.65% | |
| Price / MAexp7: | -0.25% | |
| Price / MAexp20: | -0.91% | |
| Price / MAexp50: | -1.77% | |
| Price / MAexp100: | -1.72% |
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.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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