Londinia Opportunities Analyses - 05/03/2024 (GMT) FETCH.AI (X100) - FET/ETH - 1H

FETCH.AI (X100) - FET/ETH
- ETH (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: FETETH
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.067017 ETH
My targets
0.070127 ETH (+2.60%)
0.071093 ETH (+4.01%)
My analysis
FETCH.AI (X100) - FET/ETH is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.067017 ETH. The next resistance located at 0.070127 ETH is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.071093 ETH. After this resistance, buyers could then target 0.074496 ETH. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
0
10
8.4

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.

Additional analysis

Quotes

FETCH.AI (X100) - FET/ETH rating 0.068351 ETH. The price has increased by +1.87% since the last closing with the lowest point at 0.065952 ETH and the highest point at 0.069071 ETH. The deviation from the price is +3.64% for the low point and -1.04% for the high point.

0.065952
0.069071
0.068351

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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

Technical


Technical analysis of this 1H chart of FETCH.AI (X100) - FET/ETH indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly 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.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.066206 0.067017 0.068350 0.068351 0.070127 0.071093 0.074496
Change (%) -3.14% -1.95% +0.00% - +2.60% +4.01% +8.99%
Change -0.002145 -0.001334 -0.000001 - +0.001776 +0.002742 +0.006145
Level Major Minor Major - Minor Minor Minor



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
Standard0.0639940.0651040.0661010.0672110.0682080.0693180.070315
Camarilla0.0665190.0667120.0669050.0670980.0672910.0674840.067677
Woodie0.0639380.0650760.0660450.0671830.0681520.0692900.070259
Fibonacci0.0651040.0659090.0664060.0672110.0680160.0685130.069318


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0478970.0570490.0621320.0712840.0763670.0855190.090602
Camarilla0.0633000.0646050.0659100.0672150.0685200.0698250.071130
Woodie0.0458630.0560320.0600980.0702670.0743330.0845020.088568
Fibonacci0.0570490.0624870.0658460.0712840.0767220.0800810.085519


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0272570.0423150.0547170.0697750.0821770.0972350.109637
Camarilla0.0595690.0620860.0646030.0671200.0696370.0721540.074672
Woodie0.0259300.0416510.0533900.0691110.0808500.0965710.108310
Fibonacci0.0423150.0528040.0592850.0697750.0802640.0867450.097235

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
Moving averages

RSI (14): 55.04
MACD (12,26,9): 0.0003
Directional Movement: 16.385114
AROON (14): 14.285715
DEMA (21): 0.067880
Parabolic SAR (0,02-0,02-0,2): 0.066135
Elder Ray (13): 0.000393
Super Trend (3,10): 0.065951
Zig ZAG (10): 0.068114
VORTEX (21): 1.0541
Stochastique (14,3,5): 76.37
TEMA (21): 0.068048
Williams %R (14): -30.07
Chande Momentum Oscillator (20): 0.000184
Repulse (5,40,3): 0.8484
ROCnROLL: 1
TRIX (15,9): 0.0274
Courbe Coppock: 1.73
MA7: 0.067268
MA20: 0.070038
MA50: 0.074361
MA100: 0.056234
MAexp7: 0.067987
MAexp20: 0.067593
MAexp50: 0.067309
MAexp100: 0.067423
Price / MA7: +1.61%
Price / MA20: -2.41%
Price / MA50: -8.08%
Price / MA100: +21.55%
Price / MAexp7: +0.54%
Price / MAexp20: +1.12%
Price / MAexp50: +1.55%
Price / MAexp100: +1.38%

Quotes : - Real time data - Cryptocompare