FTX TOKEN - FTT/USD - 1H - Technical analysis published on 11/10/2022 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 3.84 USD
My targets
-
My analysis
The bearish trend is currently very strong for FTX TOKEN - FTT/USD. As long as the price remains below the resistance at 3.84 USD, you could try to take advantage of the bearish rally. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.1
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
FTX TOKEN - FTT/USD rating 2.80 USD. The price has increased by +24.44% since the last closing with the lowest point at 2.16 USD and the highest point at 2.84 USD. The deviation from the price is +29.63% for the low point and -1.41% for the high point.2.16
2.84
2.80
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
Here is a more detailed summary of the historical variations registered by FTX TOKEN - FTT/USD:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of FTX TOKEN - FTT/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 2.80 | 3.84 | 22.81 | 26.06 |
| Change (%) | - | +37.14% | +714.64% | +830.71% |
| Change | - | +1.04 | +20.01 | +23.26 |
| Level | - | Major | Major | Major |
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 | -3.82 | -0.92 | 0.66 | 3.56 | 5.14 | 8.04 | 9.62 |
| Camarilla | 1.02 | 1.43 | 1.84 | 2.25 | 2.66 | 3.07 | 3.48 |
| Woodie | -4.47 | -1.25 | 0.01 | 3.23 | 4.49 | 7.71 | 8.97 |
| Fibonacci | -0.92 | 0.79 | 1.85 | 3.56 | 5.27 | 6.33 | 8.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.84 | 21.86 | 22.96 | 24.98 | 26.08 | 28.10 | 29.20 |
| Camarilla | 23.21 | 23.50 | 23.78 | 24.07 | 24.36 | 24.64 | 24.93 |
| Woodie | 19.39 | 21.63 | 22.51 | 24.75 | 25.63 | 27.87 | 28.75 |
| Fibonacci | 21.86 | 23.05 | 23.79 | 24.98 | 26.17 | 26.91 | 28.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 18.05 | 20.02 | 23.06 | 25.03 | 28.07 | 30.04 | 33.08 |
| Camarilla | 24.73 | 25.19 | 25.65 | 26.11 | 26.57 | 27.03 | 27.49 |
| Woodie | 18.60 | 20.29 | 23.61 | 25.30 | 28.62 | 30.31 | 33.63 |
| Fibonacci | 20.02 | 21.93 | 23.11 | 25.03 | 26.94 | 28.12 | 30.04 |
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): | 24.55 | |
| MACD (12,26,9): | -1.7100 | |
| Directional Movement: | -22.03 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 1.41 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.66 | |
| Elder Ray (13): | -0.88 | |
| Super Trend (3,10): | 4.22 | |
| Zig ZAG (10): | 2.29 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 8.85 | |
| TEMA (21): | 2.12 | |
| Williams %R (14): | -89.69 | |
| Chande Momentum Oscillator (20): | -2.16 | |
| Repulse (5,40,3): | -10.1700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -3.9200 | |
| Courbe Coppock: | 87.46 |
| MA7: | 14.86 | |
| MA20: | 21.12 | |
| MA50: | 22.74 | |
| MA100: | 25.15 | |
| MAexp7: | 2.61 | |
| MAexp20: | 3.90 | |
| MAexp50: | 8.18 | |
| MAexp100: | 13.18 | |
| Price / MA7: | -81.16% | |
| Price / MA20: | -86.74% | |
| Price / MA50: | -87.69% | |
| Price / MA100: | -88.87% | |
| Price / MAexp7: | +7.28% | |
| Price / MAexp20: | -28.21% | |
| Price / MAexp50: | -65.77% | |
| Price / MAexp100: | -78.76% |
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.
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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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