FANTOM - FTM/USDT - 1H - Technical analysis published on 10/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
FANTOM - FTM/USDT Chart
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
56%
11%
My opinion
Bullish above 0.722293 USDT
My targets
0.762311 USDT (+1.87%)
0.795825 USDT (+6.35%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.722293 USDT remains possible. It is advisable to trade FANTOM - FTM/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.722293 USDT. The next bullish objective for buyers is set at 0.762311 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.795825 USDT. If there is any crossing, the next objective would be the resistance located at 0.836747 USDT. PS: if there is a bearish break in the support located at 0.722293 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.1
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This analysis was given by donger.
Additional analysis
Quotes
The FANTOM - FTM/USDT price is 0.748335 USDT. The price registered a decrease of -1.97% on the session and was between 0.733552 USDT and 0.794418 USDT. This implies that the price is at +2.02% from its lowest and at -5.80% from its highest.0.733552
0.794418
0.748335
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
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 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.683440 | 0.705685 | 0.745736 | 0.748335 | 0.762311 | 0.795825 | 0.836747 |
| Change (%) | -8.67% | -5.70% | -0.35% | - | +1.87% | +6.35% | +11.81% |
| Change | -0.064895 | -0.042650 | -0.002599 | - | +0.013976 | +0.047490 | +0.088412 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 42.38 | |
| MACD (12,26,9): | -0.0021 | |
| Directional Movement: | -7.665835 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.747462 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.749260 | |
| Elder Ray (13): | -0.007285 | |
| Super Trend (3,10): | 0.764287 | |
| Zig ZAG (10): | 0.740062 | |
| VORTEX (21): | 0.9193 | |
| Stochastique (14,3,5): | 15.08 | |
| TEMA (21): | 0.740744 | |
| Williams %R (14): | -83.26 | |
| Chande Momentum Oscillator (20): | -0.017605 | |
| Repulse (5,40,3): | 0.2105 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0320 | |
| Courbe Coppock: | 7.22 |
| MA7: | 0.739874 | |
| MA20: | 0.687293 | |
| MA50: | 0.607873 | |
| MA100: | 0.517304 | |
| MAexp7: | 0.742723 | |
| MAexp20: | 0.747934 | |
| MAexp50: | 0.743933 | |
| MAexp100: | 0.737389 | |
| Price / MA7: | +1.14% | |
| Price / MA20: | +8.88% | |
| Price / MA50: | +23.11% | |
| Price / MA100: | +44.66% | |
| Price / MAexp7: | +0.76% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.59% | |
| Price / MAexp100: | +1.48% |
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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