FTX TOKEN - FTT/USD - 1H - Technical analysis published on 08/06/2022 (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:
Strongly bullish
Technical indicators
39%
33%
28%
My opinion
Bullish above 29.96 USD
My targets
31.00 USD (+0.88%)
31.33 USD (+1.95%)
My analysis
FTX TOKEN - FTT/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 29.96 USD. The next resistance located at 31.00 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 31.33 USD. After this resistance, buyers could then target 31.69 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FTX TOKEN - FTT/USD rating is 30.73 USD. The price is lower by -0.03% since the last closing with the lowest point at 30.56 USD and the highest point at 30.90 USD. The deviation from the price is +0.56% for the low point and -0.55% for the high point.30.56
30.90
30.73
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FTX TOKEN - FTT/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bearish trend
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
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 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 | 28.75 | 29.66 | 29.96 | 30.73 | 31.00 | 31.33 | 31.69 |
| Change (%) | -6.44% | -3.48% | -2.51% | - | +0.88% | +1.95% | +3.12% |
| Change | -1.98 | -1.07 | -0.77 | - | +0.27 | +0.60 | +0.96 |
| Level | Major | Minor | Intermediate | - | Major | 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 | 27.98 | 28.53 | 29.64 | 30.19 | 31.30 | 31.85 | 32.96 |
| Camarilla | 30.28 | 30.44 | 30.59 | 30.74 | 30.89 | 31.04 | 31.20 |
| Woodie | 28.25 | 28.67 | 29.91 | 30.33 | 31.57 | 31.99 | 33.23 |
| Fibonacci | 28.53 | 29.17 | 29.56 | 30.19 | 30.83 | 31.22 | 31.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.74 | 23.35 | 27.19 | 29.80 | 33.64 | 36.25 | 40.09 |
| Camarilla | 29.25 | 29.84 | 30.43 | 31.02 | 31.61 | 32.20 | 32.79 |
| Woodie | 21.35 | 23.66 | 27.80 | 30.11 | 34.25 | 36.56 | 40.70 |
| Fibonacci | 23.35 | 25.82 | 27.34 | 29.80 | 32.27 | 33.79 | 36.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.75 | 19.48 | 24.95 | 28.68 | 34.15 | 37.88 | 43.35 |
| Camarilla | 27.88 | 28.72 | 29.57 | 30.41 | 31.25 | 32.10 | 32.94 |
| Woodie | 16.61 | 19.92 | 25.81 | 29.12 | 35.01 | 38.32 | 44.21 |
| Fibonacci | 19.48 | 23.00 | 25.17 | 28.68 | 32.20 | 34.37 | 37.88 |
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): | 60.87 | |
| MACD (12,26,9): | 0.1700 | |
| Directional Movement: | 16.53 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 30.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.48 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 30.22 | |
| Zig ZAG (10): | 30.66 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 29.85 | |
| TEMA (21): | 30.74 | |
| Williams %R (14): | -67.65 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 0.75 |
| MA7: | 30.04 | |
| MA20: | 29.51 | |
| MA50: | 27.36 | |
| MA100: | 28.75 | |
| MAexp7: | 30.67 | |
| MAexp20: | 30.54 | |
| MAexp50: | 30.19 | |
| MAexp100: | 29.99 | |
| Price / MA7: | +2.30% | |
| Price / MA20: | +4.13% | |
| Price / MA50: | +12.32% | |
| Price / MA100: | +6.89% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +0.62% | |
| Price / MAexp50: | +1.79% | |
| Price / MAexp100: | +2.47% |
Quotes :
-
Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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