FUNTOKEN - FUN/USD - 1H - Technical analysis published on 05/01/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 0.005092 USD
My targets
0.006018 USD (+17.36%)
0.006781 USD (+32.23%)
My analysis
The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on FUN TOKEN - FUN/USD as long as the price remains well above 0.005092 USD. The buyers' bullish objective is set at 0.006018 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.006781 USD. If there is any crossing, the next objective would be the resistance located at 0.007311 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FUN TOKEN - FUN/USD rating 0.005128 USD. The price has increased by +5.54% since the last closing with the lowest point at 0.004705 USD and the highest point at 0.005431 USD. The deviation from the price is +8.99% for the low point and -5.58% for the high point.0.004705
0.005431
0.005128
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
Here is a more detailed summary of the historical variations registered by FUN TOKEN - FUN/USD:
Technical
Technical analysis of this 1H chart of FUN TOKEN - FUN/USD indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003655 | 0.004501 | 0.005092 | 0.005128 | 0.006018 | 0.007311 | 0.009483 |
| Change (%) | -28.72% | -12.23% | -0.70% | - | +17.36% | +42.57% | +84.93% |
| Change | -0.001473 | -0.000627 | -0.000036 | - | +0.000890 | +0.002183 | +0.004355 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003512 | 0.004122 | 0.004490 | 0.005100 | 0.005468 | 0.006078 | 0.006446 |
| Camarilla | 0.004590 | 0.004680 | 0.004769 | 0.004859 | 0.004949 | 0.005038 | 0.005128 |
| Woodie | 0.003392 | 0.004062 | 0.004370 | 0.005040 | 0.005348 | 0.006018 | 0.006326 |
| Fibonacci | 0.004122 | 0.004495 | 0.004726 | 0.005100 | 0.005473 | 0.005704 | 0.006078 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.001489 | 0.000212 | 0.002646 | 0.004347 | 0.006781 | 0.008482 | 0.010916 |
| Camarilla | 0.003943 | 0.004322 | 0.004701 | 0.005080 | 0.005459 | 0.005838 | 0.006217 |
| Woodie | -0.001123 | 0.000395 | 0.003013 | 0.004530 | 0.007148 | 0.008665 | 0.011283 |
| Fibonacci | 0.000212 | 0.001792 | 0.002767 | 0.004347 | 0.005927 | 0.006902 | 0.008482 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.004499 | -0.001293 | 0.001783 | 0.004989 | 0.008065 | 0.011271 | 0.014347 |
| Camarilla | 0.003132 | 0.003707 | 0.004283 | 0.004859 | 0.005435 | 0.006011 | 0.006587 |
| Woodie | -0.004564 | -0.001326 | 0.001718 | 0.004957 | 0.008000 | 0.011239 | 0.014282 |
| Fibonacci | -0.001293 | 0.001107 | 0.002589 | 0.004989 | 0.007389 | 0.008871 | 0.011271 |
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): | 51.77 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -2.562937 | |
| AROON (14): | -50.000000 | |
| DEMA (21): | 0.005136 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.005398 | |
| Elder Ray (13): | -0.000063 | |
| Super Trend (3,10): | 0.005776 | |
| Zig ZAG (10): | 0.005148 | |
| VORTEX (21): | 1.0141 | |
| Stochastique (14,3,5): | 43.09 | |
| TEMA (21): | 0.005225 | |
| Williams %R (14): | -39.53 | |
| Chande Momentum Oscillator (20): | 0.000331 | |
| Repulse (5,40,3): | 1.4710 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0878 | |
| Courbe Coppock: | 15.30 |
| MA7: | 0.005165 | |
| MA20: | 0.005452 | |
| MA50: | 0.006152 | |
| MA100: | 0.005968 | |
| MAexp7: | 0.005168 | |
| MAexp20: | 0.005118 | |
| MAexp50: | 0.005109 | |
| MAexp100: | 0.005181 | |
| Price / MA7: | -0.72% | |
| Price / MA20: | -5.94% | |
| Price / MA50: | -16.64% | |
| Price / MA100: | -14.08% | |
| Price / MAexp7: | -0.77% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | -1.02% |
Quotes :
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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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