FETCH.AI - FET/USDT - 1H - Technical analysis published on 07/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.034565 USDT
My targets
0.035300 USDT (+0.71%)
0.037100 USDT (+5.85%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FETCH.AI - FET/USDT as long as the price remains well above 0.034565 USDT. The buyers” bullish objective is set at 0.035300 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.037100 USDT. If there is any crossing, the next objective would be the resistance located at 0.042200 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.1
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This analysis was given by Addareea. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FETCH.AI - FET/USDT price is 0.035050 USDT. The price has increased by +0.03% since the last closing with the lowest point at 0.034200 USDT and the highest point at 0.035150 USDT. The deviation from the price is +2.49% for the low point and -0.28% for the high point.0.034200
0.035150
0.035050
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FETCH.AI - FET/USDT indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
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 | 0.029237 | 0.032086 | 0.034565 | 0.035050 | 0.035300 | 0.037100 | 0.042200 |
| Change (%) | -16.58% | -8.46% | -1.38% | - | +0.71% | +5.85% | +20.40% |
| Change | -0.005813 | -0.002964 | -0.000485 | - | +0.000250 | +0.002050 | +0.007150 |
| Level | Minor | Major | Minor | - | Minor | Major | 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 | 0.030317 | 0.031433 | 0.033237 | 0.034353 | 0.036157 | 0.037273 | 0.039077 |
| Camarilla | 0.034237 | 0.034505 | 0.034772 | 0.035040 | 0.035308 | 0.035575 | 0.035843 |
| Woodie | 0.030660 | 0.031605 | 0.033580 | 0.034525 | 0.036500 | 0.037445 | 0.039420 |
| Fibonacci | 0.031433 | 0.032549 | 0.033238 | 0.034353 | 0.035469 | 0.036158 | 0.037273 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020453 | 0.023007 | 0.026343 | 0.028897 | 0.032233 | 0.034787 | 0.038123 |
| Camarilla | 0.028060 | 0.028600 | 0.029140 | 0.029680 | 0.030220 | 0.030760 | 0.031300 |
| Woodie | 0.020845 | 0.023203 | 0.026735 | 0.029093 | 0.032625 | 0.034983 | 0.038515 |
| Fibonacci | 0.023007 | 0.025257 | 0.026647 | 0.028897 | 0.031147 | 0.032537 | 0.034787 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.011720 | 0.016840 | 0.022280 | 0.027400 | 0.032840 | 0.037960 | 0.043400 |
| Camarilla | 0.024816 | 0.025784 | 0.026752 | 0.027720 | 0.028688 | 0.029656 | 0.030624 |
| Woodie | 0.011880 | 0.016920 | 0.022440 | 0.027480 | 0.033000 | 0.038040 | 0.043560 |
| Fibonacci | 0.016840 | 0.020874 | 0.023366 | 0.027400 | 0.031434 | 0.033926 | 0.037960 |
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): | 54.44 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 7.655355 | |
| AROON (14): | -78.571430 | |
| DEMA (21): | 0.034726 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.033710 | |
| Elder Ray (13): | 0.000144 | |
| Super Trend (3,10): | 0.033373 | |
| Zig ZAG (10): | 0.034800 | |
| VORTEX (21): | 1.1232 | |
| Stochastique (14,3,5): | 41.89 | |
| TEMA (21): | 0.034820 | |
| Williams %R (14): | -26.36 | |
| Chande Momentum Oscillator (20): | 0.000230 | |
| Repulse (5,40,3): | 1.9596 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0603 | |
| Courbe Coppock: | 2.36 |
| MA7: | 0.033344 | |
| MA20: | 0.030171 | |
| MA50: | 0.027807 | |
| MA100: | 0.022702 | |
| MAexp7: | 0.034717 | |
| MAexp20: | 0.034568 | |
| MAexp50: | 0.034272 | |
| MAexp100: | 0.033447 | |
| Price / MA7: | +5.12% | |
| Price / MA20: | +16.17% | |
| Price / MA50: | +26.05% | |
| Price / MA100: | +54.39% | |
| Price / MAexp7: | +0.96% | |
| Price / MAexp20: | +1.39% | |
| Price / MAexp50: | +2.27% | |
| Price / MAexp100: | +4.79% |
Quotes :
2020-07-11 06:20:12
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Real time data
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Cryptocompare
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