FANTOM - FTM/USDT - Daily - Technical analysis published on 09/12/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 1.29 USDT
My targets
1.67 USDT (+10.07%)
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/USDT as long as the price remains well above 1.29 USDT. The buyers' bullish objective is set at 1.67 USDT. A bullish break in this resistance would boost the bullish momentum. 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
0
10
7.9
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Additional analysis
Quotes
FANTOM - FTM/USDT rating 1.52 USDT. The price is lower by -1.94% since the last closing with the lowest point at 1.46 USDT and the highest point at 1.55 USDT. The deviation from the price is +4.11% for the low point and -1.94% for the high point.1.46
1.55
1.52
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in Daily of this FANTOM - FTM/USDT chart shows a strongly bullish trend. 92.86% 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, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
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.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.57 | 0.65 | 0.92 | 1.52 |
| Change (%) | -62.23% | -57.24% | -39.70% | - |
| Change | -0.95 | -0.87 | -0.60 | - |
| Level | Intermediate | Minor | Major | - |
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 | 1.18 | 1.31 | 1.43 | 1.56 | 1.68 | 1.81 | 1.93 |
| Camarilla | 1.48 | 1.50 | 1.53 | 1.55 | 1.57 | 1.60 | 1.62 |
| Woodie | 1.18 | 1.31 | 1.43 | 1.56 | 1.68 | 1.81 | 1.93 |
| Fibonacci | 1.31 | 1.41 | 1.47 | 1.56 | 1.66 | 1.72 | 1.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.14 | 0.58 | 1.06 | 1.50 | 1.98 | 2.42 | 2.90 |
| Camarilla | 1.30 | 1.38 | 1.47 | 1.55 | 1.63 | 1.72 | 1.80 |
| Woodie | 0.17 | 0.59 | 1.09 | 1.51 | 2.01 | 2.43 | 2.93 |
| Fibonacci | 0.58 | 0.93 | 1.15 | 1.50 | 1.85 | 2.07 | 2.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.34 | -0.05 | 0.33 | 0.62 | 1.00 | 1.29 | 1.67 |
| Camarilla | 0.54 | 0.60 | 0.66 | 0.72 | 0.78 | 0.84 | 0.90 |
| Woodie | -0.29 | -0.03 | 0.39 | 0.64 | 1.06 | 1.31 | 1.73 |
| Fibonacci | -0.05 | 0.20 | 0.36 | 0.62 | 0.87 | 1.03 | 1.29 |
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): | 76.31 | |
| MACD (12,26,9): | 0.3000 | |
| Directional Movement: | 30.10 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.42 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 1.01 | |
| Zig ZAG (10): | 1.52 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 70.64 | |
| TEMA (21): | 1.64 | |
| Williams %R (14): | -31.24 | |
| Chande Momentum Oscillator (20): | 0.79 | |
| Repulse (5,40,3): | -4.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 6.0700 | |
| Courbe Coppock: | 326.43 |
| MA7: | 1.51 | |
| MA20: | 1.00 | |
| MA50: | 0.60 | |
| MA100: | 0.42 | |
| MAexp7: | 1.45 | |
| MAexp20: | 1.12 | |
| MAexp50: | 0.75 | |
| MAexp100: | 0.56 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +52.00% | |
| Price / MA50: | +153.33% | |
| Price / MA100: | +261.90% | |
| Price / MAexp7: | +4.83% | |
| Price / MAexp20: | +35.71% | |
| Price / MAexp50: | +102.67% | |
| Price / MAexp100: | +171.43% |
Quotes :
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Real time data
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