FTX TOKEN - FTT/USD - 1H - Technical analysis published on 01/15/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.57 USD
My targets
2.27 USD (+5.72%)
2.73 USD (+26.84%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FTX TOKEN - FTT/USD as long as the price remains well above 1.57 USD. The buyers' bullish objective is set at 2.27 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.73 USD. If there is any crossing, the next objective would be the resistance located at 3.84 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8
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Additional analysis
Quotes
The FTX TOKEN - FTT/USD price is 2.15 USD. On the day, this instrument gained +18.13% and was between 1.63 USD and 2.23 USD. This implies that the price is at +31.90% from its lowest and at -3.59% from its highest.1.63
2.23
2.15
Here is a more detailed summary of the historical variations registered by FTX TOKEN - FTT/USD:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FTX TOKEN - FTT/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.36 | 1.49 | 1.56 | 2.15 | 3.84 | 22.81 | 26.02 |
| Change (%) | -36.74% | -30.70% | -27.44% | - | +78.42% | +960.87% | +1,110.33% |
| Change | -0.79 | -0.66 | -0.59 | - | +1.69 | +20.66 | +23.87 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | Minor |
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 | 0.84 | 1.11 | 1.47 | 1.74 | 2.10 | 2.37 | 2.73 |
| Camarilla | 1.65 | 1.71 | 1.76 | 1.82 | 1.88 | 1.94 | 1.99 |
| Woodie | 0.88 | 1.13 | 1.51 | 1.76 | 2.14 | 2.39 | 2.77 |
| Fibonacci | 1.11 | 1.35 | 1.50 | 1.74 | 1.98 | 2.13 | 2.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.05 | 0.41 | 1.11 | 1.57 | 2.27 | 2.73 | 3.43 |
| Camarilla | 1.50 | 1.61 | 1.71 | 1.82 | 1.93 | 2.03 | 2.14 |
| Woodie | 0.08 | 0.47 | 1.24 | 1.63 | 2.40 | 2.79 | 3.56 |
| Fibonacci | 0.41 | 0.85 | 1.12 | 1.57 | 2.01 | 2.28 | 2.73 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.60 | 0.11 | 0.47 | 1.18 | 1.54 | 2.25 | 2.61 |
| Camarilla | 0.54 | 0.63 | 0.73 | 0.83 | 0.93 | 1.03 | 1.12 |
| Woodie | -0.78 | 0.02 | 0.30 | 1.09 | 1.37 | 2.16 | 2.44 |
| Fibonacci | 0.11 | 0.52 | 0.77 | 1.18 | 1.59 | 1.84 | 2.25 |
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): | 65.56 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 29.13 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 1.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.59 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 1.58 | |
| Zig ZAG (10): | 1.86 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 60.78 | |
| TEMA (21): | 1.81 | |
| Williams %R (14): | -32.35 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | 4.6700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5200 | |
| Courbe Coppock: | 11.46 |
| MA7: | 1.47 | |
| MA20: | 1.09 | |
| MA50: | 1.19 | |
| MA100: | 8.35 | |
| MAexp7: | 1.78 | |
| MAexp20: | 1.71 | |
| MAexp50: | 1.60 | |
| MAexp100: | 1.49 | |
| Price / MA7: | +46.26% | |
| Price / MA20: | +97.25% | |
| Price / MA50: | +80.67% | |
| Price / MA100: | -74.25% | |
| Price / MAexp7: | +20.79% | |
| Price / MAexp20: | +25.73% | |
| Price / MAexp50: | +34.38% | |
| Price / MAexp100: | +44.30% |
Quotes :
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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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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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