Londinia Opportunities Analyses - 07/26/2024 (GMT) FTX TOKEN (X1000) - FTT/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | FTTETH |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.427603 ETH
My targets
0.443566 ETH (+2.40%)
0.453909 ETH (+4.78%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FTX TOKEN (X1000) - FTT/ETH as long as the price remains well above 0.427603 ETH. The buyers' bullish objective is set at 0.443566 ETH. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.453909 ETH. If there is any crossing, the next objective would be the resistance located at 0.518035 ETH. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.6
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Additional analysis
Quotes
FTX TOKEN (X1000) - FTT/ETH rating 0.433186 ETH. On the day, this instrument gained +2.17% and was traded between 0.412354 ETH and 0.437901 ETH over the period. The price is currently at +5.05% from its lowest and -1.08% from its highest.0.412354
0.437901
0.433186
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this FTX TOKEN (X1000) - FTT/ETH chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 14 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.400208 | 0.420603 | 0.427603 | 0.433186 | 0.443566 | 0.453909 | 0.518035 |
| Change (%) | -7.61% | -2.90% | -1.29% | - | +2.40% | +4.78% | +19.59% |
| Change | -0.032978 | -0.012583 | -0.005583 | - | +0.010380 | +0.020723 | +0.084849 |
| Level | Major | Intermediate | Intermediate | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.369497 | 0.388224 | 0.406112 | 0.424839 | 0.442727 | 0.461454 | 0.479342 |
| Camarilla | 0.413931 | 0.417287 | 0.420644 | 0.424000 | 0.427356 | 0.430713 | 0.434069 |
| Woodie | 0.369078 | 0.388014 | 0.405693 | 0.424629 | 0.442308 | 0.461244 | 0.478923 |
| Fibonacci | 0.388224 | 0.402211 | 0.410852 | 0.424839 | 0.438826 | 0.447467 | 0.461454 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.282203 | 0.335625 | 0.368156 | 0.421578 | 0.454109 | 0.507531 | 0.540062 |
| Camarilla | 0.377050 | 0.384929 | 0.392808 | 0.400687 | 0.408566 | 0.416445 | 0.424324 |
| Woodie | 0.271758 | 0.330402 | 0.357711 | 0.416355 | 0.443664 | 0.502308 | 0.529617 |
| Fibonacci | 0.335625 | 0.368459 | 0.388744 | 0.421578 | 0.454412 | 0.474697 | 0.507531 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.199748 | 0.285320 | 0.349660 | 0.435232 | 0.499572 | 0.585144 | 0.649484 |
| Camarilla | 0.372774 | 0.386516 | 0.400258 | 0.414000 | 0.427742 | 0.441484 | 0.455226 |
| Woodie | 0.189132 | 0.280012 | 0.339044 | 0.429924 | 0.488956 | 0.579836 | 0.638868 |
| Fibonacci | 0.285320 | 0.342586 | 0.377966 | 0.435232 | 0.492498 | 0.527878 | 0.585144 |
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): | 59.52 | |
| MACD (12,26,9): | 0.0041 | |
| Directional Movement: | 5.957707 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.430055 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.437901 | |
| Elder Ray (13): | -0.004300 | |
| Super Trend (3,10): | 0.439475 | |
| Zig ZAG (10): | 0.433186 | |
| VORTEX (21): | 1.0190 | |
| Stochastique (14,3,5): | 79.08 | |
| TEMA (21): | 0.431142 | |
| Williams %R (14): | -18.46 | |
| Chande Momentum Oscillator (20): | 0.010186 | |
| Repulse (5,40,3): | 4.6421 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1118 | |
| Courbe Coppock: | 6.09 |
| MA7: | 0.410268 | |
| MA20: | 0.410891 | |
| MA50: | 0.411893 | |
| MA100: | 0.444952 | |
| MAexp7: | 0.429520 | |
| MAexp20: | 0.424930 | |
| MAexp50: | 0.418471 | |
| MAexp100: | 0.413798 | |
| Price / MA7: | +5.59% | |
| Price / MA20: | +5.43% | |
| Price / MA50: | +5.17% | |
| Price / MA100: | -2.64% | |
| Price / MAexp7: | +0.85% | |
| Price / MAexp20: | +1.94% | |
| Price / MAexp50: | +3.52% | |
| Price / MAexp100: | +4.69% |
Quotes :
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Real time data
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Cryptocompare