FANTOM - FTM/USDT - Daily - Technical analysis published on 12/10/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 1.66 USDT
My targets
0.96 USDT (-34.69%)
0.92 USDT (-37.41%)
My analysis
FANTOM - FTM/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1.66 USDT. The next support located at 0.96 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.92 USDT. Below this support, sellers could then target 0.65 USDT.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.4
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Additional analysis
Quotes
FANTOM - FTM/USDT rating 1.47 USDT. The price registered an increase of +3.52% on the session and was between 1.39 USDT and 1.51 USDT. This implies that the price is at +5.76% from its lowest and at -2.65% from its highest.1.39
1.51
1.47
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FANTOM - FTM/USDT:
Technical
A technical analysis in Daily of this FANTOM - FTM/USDT chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 11 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish engulfing lines
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.16 | 0.65 | 0.92 | 1.47 | 1.66 | 2.34 | 2.59 |
| Change (%) | -89.12% | -55.78% | -37.41% | - | +12.93% | +59.18% | +76.19% |
| Change | -1.31 | -0.82 | -0.55 | - | +0.19 | +0.87 | +1.12 |
| Level | Intermediate | Intermediate | Major | - | Major | 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 | 1.10 | 1.25 | 1.34 | 1.49 | 1.58 | 1.73 | 1.82 |
| Camarilla | 1.35 | 1.38 | 1.40 | 1.42 | 1.44 | 1.46 | 1.49 |
| Woodie | 1.06 | 1.24 | 1.30 | 1.48 | 1.54 | 1.72 | 1.78 |
| Fibonacci | 1.25 | 1.35 | 1.40 | 1.49 | 1.59 | 1.64 | 1.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.21 | 0.73 | 1.23 | 1.75 | 2.25 | 2.77 | 3.27 |
| Camarilla | 1.44 | 1.53 | 1.63 | 1.72 | 1.81 | 1.91 | 2.00 |
| Woodie | 0.19 | 0.73 | 1.21 | 1.75 | 2.23 | 2.77 | 3.25 |
| Fibonacci | 0.73 | 1.12 | 1.36 | 1.75 | 2.14 | 2.38 | 2.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.15 | 0.96 | 1.55 | 2.36 | 2.95 | 3.76 | 4.35 |
| Camarilla | 1.76 | 1.88 | 2.01 | 2.14 | 2.27 | 2.40 | 2.53 |
| Woodie | 0.04 | 0.91 | 1.44 | 2.31 | 2.84 | 3.71 | 4.24 |
| Fibonacci | 0.96 | 1.50 | 1.83 | 2.36 | 2.90 | 3.23 | 3.76 |
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): | 33.78 | |
| MACD (12,26,9): | -0.2300 | |
| Directional Movement: | -23.70 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1.60 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.35 | |
| Elder Ray (13): | -0.31 | |
| Super Trend (3,10): | 2.19 | |
| Zig ZAG (10): | 1.47 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 20.33 | |
| TEMA (21): | 1.44 | |
| Williams %R (14): | -79.00 | |
| Chande Momentum Oscillator (20): | -0.64 | |
| Repulse (5,40,3): | -8.1600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.1900 | |
| Courbe Coppock: | 54.76 |
| MA7: | 1.57 | |
| MA20: | 1.96 | |
| MA50: | 2.38 | |
| MA100: | 1.97 | |
| MAexp7: | 1.61 | |
| MAexp20: | 1.89 | |
| MAexp50: | 2.07 | |
| MAexp100: | 1.87 | |
| Price / MA7: | -6.37% | |
| Price / MA20: | -25.00% | |
| Price / MA50: | -38.24% | |
| Price / MA100: | -25.38% | |
| Price / MAexp7: | -8.70% | |
| Price / MAexp20: | -22.22% | |
| Price / MAexp50: | -28.99% | |
| Price / MAexp100: | -21.39% |
Quotes :
-
Real time data
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Cryptocompare
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