FANTOM - FTM/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	FTMUSD
ISIN:

FANTOM - FTM/USD - 1H - Technical analysis published on 10/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.744889 USD

My targets

0.795615 USD (+4.48%)

0.837551 USD (+9.99%)

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 0.744889 USD. The buyers' bullish objective is set at 0.795615 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.837551 USD. If there is any crossing, the next objective would be the resistance located at 0.923962 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

8.4

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FANTOM - FTM/USD price is 0.761503 USD. The price registered an increase of +2.56% on the session with the lowest point at 0.742522 USD and the highest point at 0.767133 USD. The deviation from the price is +2.56% for the low point and -0.73% for the high point.

0.742522

0.767133

0.761503

A study of price movements over other periods shows the following variations:

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of FANTOM - FTM/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.683199	0.712645	0.744889	0.761503	0.762655	0.795615	0.837551
Change (%)	-10.28%	-6.42%	-2.18%	-	+0.15%	+4.48%	+9.99%
Change	-0.078304	-0.048858	-0.016614	-	+0.001152	+0.034112	+0.076048
Level	Minor	Major	Minor	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.672890	0.697738	0.720136	0.744984	0.767382	0.792230	0.814628
Camarilla	0.729541	0.733872	0.738203	0.742534	0.746865	0.751196	0.755527
Woodie	0.671665	0.697126	0.718911	0.744372	0.766157	0.791618	0.813403
Fibonacci	0.697738	0.715786	0.726936	0.744984	0.763032	0.774182	0.792230

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.527747	0.566663	0.634858	0.673774	0.741969	0.780885	0.849080
Camarilla	0.673598	0.683416	0.693235	0.703053	0.712872	0.722690	0.732509
Woodie	0.542387	0.573983	0.649498	0.681094	0.756609	0.788205	0.863720
Fibonacci	0.566663	0.607579	0.632858	0.673774	0.714690	0.739969	0.780885

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.077963	0.217701	0.455511	0.595249	0.833059	0.972797	1.210607
Camarilla	0.589496	0.624105	0.658713	0.693322	0.727931	0.762539	0.797148
Woodie	0.127000	0.242219	0.504548	0.619767	0.882096	0.997315	1.259644
Fibonacci	0.217701	0.361924	0.451025	0.595249	0.739472	0.828573	0.972797

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):	54.91
MACD (12,26,9):	0.0022
Directional Movement:	10.424914
AROON (14):	78.571429
DEMA (21):	0.750751
Parabolic SAR (0,02-0,02-0,2):	0.733381
Elder Ray (13):	0.005818
Super Trend (3,10):	0.728424
Zig ZAG (10):	0.756504
VORTEX (21):	1.0678
Stochastique (14,3,5):	75.15
TEMA (21):	0.751610
Williams %R (14):	-24.13
Chande Momentum Oscillator (20):	0.022412
Repulse (5,40,3):	0.2344
ROCnROLL:	1
TRIX (15,9):	-0.0141
Courbe Coppock:	3.80

MA7:	0.718886
MA20:	0.676891
MA50:	0.583126
MA100:	0.507074
MAexp7:	0.752425
MAexp20:	0.748632
MAexp50:	0.743291
MAexp100:	0.728685
Price / MA7:	+5.93%
Price / MA20:	+12.50%
Price / MA50:	+30.59%
Price / MA100:	+50.18%
Price / MAexp7:	+1.21%
Price / MAexp20:	+1.72%
Price / MAexp50:	+2.45%
Price / MAexp100:	+4.50%

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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