FUN TOKEN - FUN/USD - 1H - Technical analysis published on 10/17/2024 (GMT)
- 128
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 0.003617 USD
My targets
0.003373 USD (-2.82%)
0.003247 USD (-6.45%)
My analysis
In a bearish trend, the price of FUN TOKEN - FUN/USD tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.003617 USD. A bearish break in the support located at 0.003373 USD would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.003247 USD. Then 0.003145 USD by extension. It would be safer to wait for a bearish break in the support located at 0.003373 USD before allowing yourself to re trade short positions (for sale) on FUN TOKEN - FUN/USD. PS: if there is a bullish break in the resistance located at 0.003617 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0
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 rating is 0.003471 USD. The price has increased by +2.54% since the last closing and was traded between 0.003362 USD and 0.003483 USD over the period. The price is currently at +3.24% from its lowest and -0.34% from its highest.0.003362
0.003483
0.003471
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 bearish. The signals given by moving averages are at 64.29% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bearish doji star
Type : Bearish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003145 | 0.003247 | 0.003373 | 0.003471 | 0.003490 | 0.003617 | 0.003795 |
| Change (%) | -9.39% | -6.45% | -2.82% | - | +0.55% | +4.21% | +9.33% |
| Change | -0.000326 | -0.000224 | -0.000098 | - | +0.000019 | +0.000146 | +0.000324 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.003060 | 0.003199 | 0.003292 | 0.003431 | 0.003524 | 0.003663 | 0.003756 |
| Camarilla | 0.003321 | 0.003343 | 0.003364 | 0.003385 | 0.003406 | 0.003428 | 0.003449 |
| Woodie | 0.003037 | 0.003188 | 0.003269 | 0.003420 | 0.003501 | 0.003652 | 0.003733 |
| Fibonacci | 0.003199 | 0.003288 | 0.003342 | 0.003431 | 0.003520 | 0.003574 | 0.003663 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002252 | 0.002617 | 0.003064 | 0.003429 | 0.003876 | 0.004241 | 0.004688 |
| Camarilla | 0.003289 | 0.003363 | 0.003438 | 0.003512 | 0.003586 | 0.003661 | 0.003735 |
| Woodie | 0.002294 | 0.002638 | 0.003106 | 0.003450 | 0.003918 | 0.004262 | 0.004730 |
| Fibonacci | 0.002617 | 0.002927 | 0.003119 | 0.003429 | 0.003739 | 0.003931 | 0.004241 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001565 | 0.002187 | 0.002734 | 0.003356 | 0.003903 | 0.004525 | 0.005072 |
| Camarilla | 0.002959 | 0.003066 | 0.003173 | 0.003280 | 0.003387 | 0.003494 | 0.003602 |
| Woodie | 0.001527 | 0.002168 | 0.002696 | 0.003337 | 0.003865 | 0.004506 | 0.005034 |
| Fibonacci | 0.002187 | 0.002634 | 0.002910 | 0.003356 | 0.003803 | 0.004079 | 0.004525 |
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): | 58.63 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 40.849129 | |
| AROON (14): | -35.714286 | |
| DEMA (21): | 0.003380 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.003340 | |
| Elder Ray (13): | 0.000078 | |
| Super Trend (3,10): | 0.003325 | |
| Zig ZAG (10): | 0.003471 | |
| VORTEX (21): | 0.9561 | |
| Stochastique (14,3,5): | 32.51 | |
| TEMA (21): | 0.003407 | |
| Williams %R (14): | -9.92 | |
| Chande Momentum Oscillator (20): | 0.000080 | |
| Repulse (5,40,3): | -2.5759 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0515 | |
| Courbe Coppock: | 0.35 |
| MA7: | 0.003601 | |
| MA20: | 0.003391 | |
| MA50: | 0.003386 | |
| MA100: | 0.003367 | |
| MAexp7: | 0.003399 | |
| MAexp20: | 0.003386 | |
| MAexp50: | 0.003448 | |
| MAexp100: | 0.003513 | |
| Price / MA7: | -3.61% | |
| Price / MA20: | +2.36% | |
| Price / MA50: | +2.51% | |
| Price / MA100: | +3.09% | |
| Price / MAexp7: | +2.12% | |
| Price / MAexp20: | +2.51% | |
| Price / MAexp50: | +0.67% | |
| Price / MAexp100: | -1.20% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis FUN TOKEN - FUN/USD - 1H