FTX TOKEN - FTT/USD
FTX TOKEN - FTT/USD
- USD (-)
- Real time data - CoinMarketCap
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Volume: -
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Type: Cryptocurrencies
Ticker: FTTUSD
ISIN:

FTX TOKEN - FTT/USD - 1H - Technical analysis published on 10/07/2024 (GMT)

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  • 10/07/2024 - 19:35
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  • Timeframe : 1H
  • - Analysis generated on 10/07/2024 - 19:35
  • Status : INVALID

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Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
28%
56%
17%
My opinion
Bullish above 2.96 USD
My targets
3.29 USD (+6.23%)
3.92 USD (+26.35%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade FTX TOKEN - FTT/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.96 USD. The buyers' bullish objective is set at 3.29 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.92 USD. If there is any crossing, the next objective would be the resistance located at 5.11 USD. If there is a bearish break in the support located at 2.96 USD some indecision would arise.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.5

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:
15 min. Daily Weekly

Additional analysis

Quotes

FTX TOKEN - FTT/USD rating 3.10 USD. On the day, this instrument gained +26.53% and was between 2.03 USD and 3.10 USD. This implies that the price is at +52.71% from its lowest and at 0% from its highest.

2.03
3.10
3.10

A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-150-75075150225January 1st3 years1 year6 months1 month5 daysToday
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of FTX TOKEN - FTT/USD in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2.43 2.64 2.96 3.10 5.11 22.80 31.50
Change (%) -21.61% -14.84% -4.52% - +64.84% +635.48% +916.13%
Change -0.67 -0.46 -0.14 - +2.01 +19.70 +28.40
Level Minor Minor Intermediate - Minor 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
Standard1.852.102.282.532.712.963.14
Camarilla2.332.372.412.452.492.532.57
Woodie1.812.082.242.512.672.943.10
Fibonacci2.102.272.372.532.702.802.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.130.761.712.343.293.924.87
Camarilla2.242.382.532.672.822.963.11
Woodie0.300.841.882.423.464.005.04
Fibonacci0.761.361.732.342.943.313.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.720.241.042.002.803.764.56
Camarilla1.361.521.681.842.002.162.32
Woodie-0.800.200.961.962.723.724.48
Fibonacci0.240.911.332.002.673.093.76

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Buy15

RSI (14): 31.56
MACD (12,26,9): -0.0900
Directional Movement: -20.95
AROON (14): -35.72
DEMA (21): 2.33
Parabolic SAR (0,02-0,02-0,2): 2.68
Elder Ray (13): -0.19
Super Trend (3,10): 2.52
Zig ZAG (10): 2.14
VORTEX (21): 0.8800
Stochastique (14,3,5): 13.33
TEMA (21): 2.24
Williams %R (14): -84.29
Chande Momentum Oscillator (20): -0.53
Repulse (5,40,3): -4.5400
ROCnROLL: 2
TRIX (15,9): -0.1700
Courbe Coppock: 22.13
MA7: 2.28
MA20: 1.75
MA50: 1.50
MA100: 1.42
MAexp7: 2.27
MAexp20: 2.42
MAexp50: 2.47
MAexp100: 2.41
Price / MA7: +35.96%
Price / MA20: +77.14%
Price / MA50: +106.67%
Price / MA100: +118.31%
Price / MAexp7: +36.56%
Price / MAexp20: +28.10%
Price / MAexp50: +25.51%
Price / MAexp100: +28.63%

Quotes : 10/07/2024 - 19:34 - Real time data - Cryptocompare

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

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