Londinia Opportunities Analyses - 05/03/2024 (GMT) FORTA - FORT/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | FORTUSDT |
| 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 0.259891 USDT
My targets
0.276710 USDT (+3.41%)
0.297586 USDT (+11.21%)
My analysis
The bullish trend is currently very strong on FORTA - FORT/USDT. As long as the price remains above the support at 0.259891 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.276710 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.297586 USDT as an objective. Crossing it would then enable buyers to target 0.315105 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. 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
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Additional analysis
Quotes
The FORTA - FORT/USDT price is 0.267586 USDT. The price registered an increase of +0.66% on the session and was traded between 0.247366 USDT and 0.279348 USDT over the period. The price is currently at +8.17% from its lowest and -4.21% from its highest.0.247366
0.279348
0.267586
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this FORTA - FORT/USDT chart shows a strongly bullish trend. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found no further results concerning independent technical indicators.
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.191147 | 0.223249 | 0.244600 | 0.267586 | 0.276710 | 0.297586 | 0.315105 |
| Change (%) | -28.57% | -16.57% | -8.59% | - | +3.41% | +11.21% | +17.76% |
| Change | -0.076439 | -0.044337 | -0.022986 | - | +0.009124 | +0.030000 | +0.047519 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.217032 | 0.232605 | 0.249221 | 0.264794 | 0.281410 | 0.296983 | 0.313599 |
| Camarilla | 0.256985 | 0.259936 | 0.262886 | 0.265837 | 0.268788 | 0.271738 | 0.274689 |
| Woodie | 0.217554 | 0.232866 | 0.249743 | 0.265055 | 0.281932 | 0.297244 | 0.314121 |
| Fibonacci | 0.232605 | 0.244901 | 0.252498 | 0.264794 | 0.277090 | 0.284687 | 0.296983 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.065126 | 0.149826 | 0.217684 | 0.302384 | 0.370242 | 0.454942 | 0.522800 |
| Camarilla | 0.243590 | 0.257574 | 0.271559 | 0.285543 | 0.299528 | 0.313512 | 0.327497 |
| Woodie | 0.056706 | 0.145616 | 0.209264 | 0.298174 | 0.361822 | 0.450732 | 0.514380 |
| Fibonacci | 0.149826 | 0.208103 | 0.244107 | 0.302384 | 0.360661 | 0.396665 | 0.454942 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.099597 | 0.027594 | 0.132700 | 0.259891 | 0.364997 | 0.492188 | 0.597294 |
| Camarilla | 0.173923 | 0.195217 | 0.216511 | 0.237805 | 0.259099 | 0.280393 | 0.301687 |
| Woodie | -0.110641 | 0.022073 | 0.121657 | 0.254370 | 0.353954 | 0.486667 | 0.586251 |
| Fibonacci | 0.027594 | 0.116332 | 0.171154 | 0.259891 | 0.348629 | 0.403451 | 0.492188 |
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): | 60.15 | |
| MACD (12,26,9): | 0.0019 | |
| Directional Movement: | 23.503280 | |
| AROON (14): | 42.857143 | |
| DEMA (21): | 0.263131 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.251351 | |
| Elder Ray (13): | 0.004333 | |
| Super Trend (3,10): | 0.254037 | |
| Zig ZAG (10): | 0.266204 | |
| VORTEX (21): | 1.0583 | |
| Stochastique (14,3,5): | 61.54 | |
| TEMA (21): | 0.263434 | |
| Williams %R (14): | -39.88 | |
| Chande Momentum Oscillator (20): | 0.013314 | |
| Repulse (5,40,3): | 0.0180 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0296 | |
| Courbe Coppock: | 3.30 |
| MA7: | 0.261699 | |
| MA20: | 0.258132 | |
| MA50: | 0.234490 | |
| MA100: | 0.200033 | |
| MAexp7: | 0.264130 | |
| MAexp20: | 0.260986 | |
| MAexp50: | 0.257697 | |
| MAexp100: | 0.257785 | |
| Price / MA7: | +2.25% | |
| Price / MA20: | +3.66% | |
| Price / MA50: | +14.11% | |
| Price / MA100: | +33.77% | |
| Price / MAexp7: | +1.31% | |
| Price / MAexp20: | +2.53% | |
| Price / MAexp50: | +3.84% | |
| Price / MAexp100: | +3.80% |
Quotes :
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Real time data
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