FETCH.AI - FET/USD - 1H - Technical analysis published on 01/01/2024 (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:
Bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 0.704152 USD
My targets
0.722802 USD (+1.52%)
0.750536 USD (+5.41%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FETCH.AI - FET/USD as long as the price remains well above 0.704152 USD. The buyers' bullish objective is set at 0.722802 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.750536 USD. If there is any crossing, the next objective would be the resistance located at 0.764765 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.9
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Additional analysis
Quotes
FETCH.AI - FET/USD rating 0.712000 USD. On the day, this instrument gained +5.95% and was traded between 0.670811 USD and 0.713616 USD over the period. The price is currently at +6.14% from its lowest and -0.23% from its highest.0.670811
0.713616
0.712000
Here is a more detailed summary of the historical variations registered by FETCH.AI - FET/USD:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on FETCH.AI - FET/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this FETCH.AI - FET/USD chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.541000 | 0.678300 | 0.704152 | 0.712000 | 0.722802 | 0.750536 | 0.764765 |
| Change (%) | -24.02% | -4.73% | -1.10% | - | +1.52% | +5.41% | +7.41% |
| Change | -0.171000 | -0.033700 | -0.007848 | - | +0.010802 | +0.038536 | +0.052765 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.615701 | 0.640695 | 0.656356 | 0.681350 | 0.697011 | 0.722005 | 0.737666 |
| Camarilla | 0.660836 | 0.664563 | 0.668289 | 0.672016 | 0.675743 | 0.679469 | 0.683196 |
| Woodie | 0.611034 | 0.638362 | 0.651689 | 0.679017 | 0.692344 | 0.719672 | 0.732999 |
| Fibonacci | 0.640695 | 0.656226 | 0.665820 | 0.681350 | 0.696881 | 0.706475 | 0.722005 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.503422 | 0.582699 | 0.636245 | 0.715522 | 0.769068 | 0.848345 | 0.901891 |
| Camarilla | 0.653266 | 0.665441 | 0.677617 | 0.689792 | 0.701967 | 0.714143 | 0.726318 |
| Woodie | 0.490558 | 0.576266 | 0.623381 | 0.709089 | 0.756204 | 0.841912 | 0.889027 |
| Fibonacci | 0.582699 | 0.633437 | 0.664783 | 0.715522 | 0.766260 | 0.797606 | 0.848345 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.171057 | 0.320361 | 0.496189 | 0.645493 | 0.821321 | 0.970625 | 1.146453 |
| Camarilla | 0.582605 | 0.612409 | 0.642212 | 0.672016 | 0.701820 | 0.731624 | 0.761427 |
| Woodie | 0.184318 | 0.326992 | 0.509450 | 0.652124 | 0.834582 | 0.977256 | 1.159714 |
| Fibonacci | 0.320361 | 0.444562 | 0.521293 | 0.645493 | 0.769694 | 0.846425 | 0.970625 |
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): | 64.78 | |
| MACD (12,26,9): | 0.0029 | |
| Directional Movement: | 18.808636 | |
| AROON (14): | 100.000000 | |
| DEMA (21): | 0.694008 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.674613 | |
| Elder Ray (13): | 0.016544 | |
| Super Trend (3,10): | 0.683513 | |
| Zig ZAG (10): | 0.712000 | |
| VORTEX (21): | 1.0791 | |
| Stochastique (14,3,5): | 91.83 | |
| TEMA (21): | 0.698129 | |
| Williams %R (14): | -3.78 | |
| Chande Momentum Oscillator (20): | 0.024999 | |
| Repulse (5,40,3): | 2.6338 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0172 | |
| Courbe Coppock: | 3.82 |
| MA7: | 0.707323 | |
| MA20: | 0.702805 | |
| MA50: | 0.585026 | |
| MA100: | 0.430200 | |
| MAexp7: | 0.698676 | |
| MAexp20: | 0.691807 | |
| MAexp50: | 0.691537 | |
| MAexp100: | 0.697203 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +1.31% | |
| Price / MA50: | +21.70% | |
| Price / MA100: | +65.50% | |
| Price / MAexp7: | +1.91% | |
| Price / MAexp20: | +2.92% | |
| Price / MAexp50: | +2.96% | |
| Price / MAexp100: | +2.12% |
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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