FANTOM - FTM/USD

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	FTMUSD
ISIN:

FANTOM - FTM/USD - 1H - Technical analysis published on 07/08/2024 (GMT)

Timeframe : 1H
- Analysis generated on
Status : NEUTRAL

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FANTOM - FTM/USD Chart

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

72%

22%

My opinion

Neutral between 0.424099 USD and 0.451728 USD

My targets

My analysis

The short-term increase on FANTOM - FTM/USD remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 0.451728 USD. The first support is located at 0.424099 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the analysis

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.

Additional analysis

Quotes

FANTOM - FTM/USD rating 0.433102 USD. The price has increased by +4.30% since the last closing with the lowest point at 0.394515 USD and the highest point at 0.439705 USD. The deviation from the price is +9.78% for the low point and -1.50% for the high point.

0.394515

0.439705

0.433102

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of FANTOM - FTM/USD indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.329001	0.390846	0.431099	0.433102	0.451728	0.535705	0.594360
Change (%)	-24.04%	-9.76%	-0.46%	-	+4.30%	+23.69%	+37.23%
Change	-0.104101	-0.042256	-0.002003	-	+0.018626	+0.102603	+0.161258
Level	Minor	Major	Minor	-	Minor	Intermediate	Intermediate

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	0.359070	0.385347	0.400294	0.426571	0.441518	0.467795	0.482742
Camarilla	0.403905	0.407684	0.411463	0.415242	0.419021	0.422800	0.426579
Woodie	0.353406	0.382515	0.394630	0.423739	0.435854	0.464963	0.477078
Fibonacci	0.385347	0.401094	0.410823	0.426571	0.442318	0.452047	0.467795

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.122487	0.251482	0.351409	0.480404	0.580331	0.709326	0.809253
Camarilla	0.388382	0.409366	0.430351	0.451335	0.472320	0.493304	0.514289
Woodie	0.107952	0.244215	0.336874	0.473137	0.565796	0.702059	0.794718
Fibonacci	0.251482	0.338931	0.392956	0.480404	0.567853	0.621878	0.709326

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.043743	0.259306	0.424099	0.639662	0.804455	1.020018	1.184811
Camarilla	0.484293	0.519159	0.554025	0.588891	0.623757	0.658623	0.693489
Woodie	0.018357	0.246614	0.398713	0.626970	0.779069	1.007326	1.159425
Fibonacci	0.259306	0.404602	0.494366	0.639662	0.784958	0.874722	1.020018

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):	55.72
MACD (12,26,9):	-0.0038
Directional Movement:	2.569963
AROON (14):	35.714286
DEMA (21):	0.419033
Parabolic SAR (0,02-0,02-0,2):	0.396580
Elder Ray (13):	0.006855
Super Trend (3,10):	0.401850
Zig ZAG (10):	0.437911
VORTEX (21):	0.9406
Stochastique (14,3,5):	86.74
TEMA (21):	0.418743
Williams %R (14):	-1.88
Chande Momentum Oscillator (20):	0.006361
Repulse (5,40,3):	5.2826
ROCnROLL:	1
TRIX (15,9):	-0.1961
Courbe Coppock:	3.67

MA7:	0.465292
MA20:	0.533830
MA50:	0.663442
MA100:	0.712666
MAexp7:	0.424162
MAexp20:	0.424521
MAexp50:	0.432186
MAexp100:	0.449246
Price / MA7:	-6.92%
Price / MA20:	-18.87%
Price / MA50:	-34.72%
Price / MA100:	-39.23%
Price / MAexp7:	+2.11%
Price / MAexp20:	+2.02%
Price / MAexp50:	+0.21%
Price / MAexp100:	-3.59%

Quotes : - Real time data - Cryptocompare

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

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Londinia AI

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