FANTOM - FTM/USD
FANTOM - FTM/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: FTMUSD
ISIN:

FANTOM - FTM/USD - 1H - Technical analysis published on 07/29/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.472310 USD
My targets
0.489855 USD (+3.22%)
0.501069 USD (+5.58%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FANTOM - FTM/USD as long as the price remains well above 0.472310 USD. The buyers' bullish objective is set at 0.489855 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.501069 USD. If there is any crossing, the next objective would be the resistance located at 0.541228 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
6.6

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

FANTOM - FTM/USD rating 0.474596 USD. The price registered an increase of +6.81% on the session and was between 0.443622 USD and 0.474596 USD. This implies that the price is at +6.98% from its lowest and at 0% from its highest.

0.443622
0.474596
0.474596

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

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:

Technical


Technical analysis of FANTOM - FTM/USD in 1H shows an overall bullish trend. 75.00% 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. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

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


S3S2S1PriceR1R2R3
ProTrendLines 0.415228 0.427151 0.446031 0.474596 0.474708 0.489855 0.501069
Change (%) -12.51% -10.00% -6.02% - +0.02% +3.22% +5.58%
Change -0.059368 -0.047445 -0.028565 - +0.000112 +0.015259 +0.026473
Level Major Minor Minor - Intermediate Minor 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
Standard0.4181110.4279920.4361660.4460470.4542210.4641020.472276
Camarilla0.4393760.4410310.4426860.4443410.4459960.4476510.449306
Woodie0.4172590.4275650.4353140.4456200.4533690.4636750.471424
Fibonacci0.4279920.4348890.4391500.4460470.4529440.4572050.464102


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2684650.3418740.3989010.4723100.5293370.6027460.659773
Camarilla0.4200570.4320140.4439700.4559270.4678840.4798400.491797
Woodie0.2602730.3377790.3907090.4682150.5211450.5986510.651581
Fibonacci0.3418740.3917010.4224840.4723100.5221370.5529200.602746


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2522270.3635480.4762200.5875410.7002130.8115340.924206
Camarilla0.5272930.5478260.5683580.5888910.6094240.6299560.650489
Woodie0.2529020.3638860.4768950.5878790.7008880.8118720.924881
Fibonacci0.3635480.4491140.5019760.5875410.6731070.7259690.811534

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): 70.82
MACD (12,26,9): 0.0003
Directional Movement: 21.920669
AROON (14): 28.571429
DEMA (21): 0.448311
Parabolic SAR (0,02-0,02-0,2): 0.440561
Elder Ray (13): 0.009764
Super Trend (3,10): 0.443779
Zig ZAG (10): 0.465215
VORTEX (21): 1.1725
Stochastique (14,3,5): 90.91
TEMA (21): 0.451179
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.025100
Repulse (5,40,3): 5.9902
ROCnROLL: 1
TRIX (15,9): -0.0645
Courbe Coppock: 1.83
MA7: 0.459199
MA20: 0.485830
MA50: 0.529252
MA100: 0.642951
MAexp7: 0.452661
MAexp20: 0.448691
MAexp50: 0.450922
MAexp100: 0.457024
Price / MA7: +3.35%
Price / MA20: -2.31%
Price / MA50: -10.33%
Price / MA100: -26.18%
Price / MAexp7: +4.85%
Price / MAexp20: +5.77%
Price / MAexp50: +5.25%
Price / MAexp100: +3.84%

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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