FUN TOKEN - FUN/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	FUNUSD
ISIN:

FUN TOKEN - FUN/USD - 1H - Technical analysis published on 08/23/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

56%

22%

My opinion

Bullish above 0.003568 USD

My targets

0.003703 USD (+1.79%)

0.003877 USD (+6.58%)

My analysis

All elements being rather 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 0.003568 USD. The buyers' bullish objective is set at 0.003703 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.003877 USD. If there is any crossing, the next objective would be the resistance located at 0.004087 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FUN TOKEN - FUN/USD price is 0.003638 USD. On the day, this instrument gained +8.53% with the lowest point at 0.003386 USD and the highest point at 0.003650 USD. The deviation from the price is +7.44% for the low point and -0.33% for the high point.

0.003386

0.003650

0.003638

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this 1H chart of FUN TOKEN - FUN/USD indicates that the overall trend is bullish. The signals given by moving averages are 78.57% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of 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

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

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

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.003472	0.003568	0.003635	0.003638	0.003703	0.004087	0.005097
Change (%)	-4.56%	-1.92%	-0.08%	-	+1.79%	+12.34%	+40.10%
Change	-0.000166	-0.000070	-0.000003	-	+0.000065	+0.000449	+0.001459
Level	Minor	Intermediate	Intermediate	-	Major	Minor	Intermediate

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	0.002751	0.003004	0.003178	0.003431	0.003605	0.003858	0.004032
Camarilla	0.003235	0.003274	0.003313	0.003352	0.003391	0.003430	0.003469
Woodie	0.002712	0.002984	0.003139	0.003411	0.003566	0.003838	0.003993
Fibonacci	0.003004	0.003167	0.003268	0.003431	0.003594	0.003695	0.003858

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001025	0.001932	0.002451	0.003358	0.003877	0.004784	0.005303
Camarilla	0.002579	0.002710	0.002840	0.002971	0.003102	0.003232	0.003363
Woodie	0.000832	0.001835	0.002258	0.003261	0.003684	0.004687	0.005110
Fibonacci	0.001932	0.002476	0.002813	0.003358	0.003902	0.004239	0.004784

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.001170	0.001933	0.002583	0.003346	0.003996	0.004759	0.005409
Camarilla	0.002844	0.002974	0.003104	0.003233	0.003363	0.003492	0.003622
Woodie	0.001114	0.001905	0.002527	0.003318	0.003940	0.004731	0.005353
Fibonacci	0.001933	0.002473	0.002806	0.003346	0.003886	0.004219	0.004759

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):	55.15
MACD (12,26,9):	0.0000
Directional Movement:	-17.093195
AROON (14):	-71.428571
DEMA (21):	0.003559
Parabolic SAR (0,02-0,02-0,2):	0.003658
Elder Ray (13):	0.000007
Super Trend (3,10):	0.003340
Zig ZAG (10):	0.003647
VORTEX (21):	0.9163
Stochastique (14,3,5):	62.68
TEMA (21):	0.003519
Williams %R (14):	-1.01
Chande Momentum Oscillator (20):	0.000025
Repulse (5,40,3):	0.0687
ROCnROLL:	1
TRIX (15,9):	-0.0606
Courbe Coppock:	5.16

MA7:	0.003380
MA20:	0.003079
MA50:	0.003346
MA100:	0.003935
MAexp7:	0.003573
MAexp20:	0.003582
MAexp50:	0.003559
MAexp100:	0.003445
Price / MA7:	+7.63%
Price / MA20:	+18.16%
Price / MA50:	+8.73%
Price / MA100:	-7.55%
Price / MAexp7:	+1.82%
Price / MAexp20:	+1.56%
Price / MAexp50:	+2.22%
Price / MAexp100:	+5.60%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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