FANTOM - FTM/USDT - 1H - Technical analysis published on 09/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.231756 USDT
My targets
0.222600 USDT (-1.59%)
0.215900 USDT (-4.55%)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade FANTOM - FTM/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.231756 USDT. The next bearish objective for sellers is set at 0.222600 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.215900 USDT. In the event of a bullish break in the resistance located at 0.231756 USDT a certain indecision would take hold.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
3.9
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Additional analysis
Quotes
The FANTOM - FTM/USDT rating is 0.226200 USDT. The price registered a decrease of -1.14% on the session and was traded between 0.225800 USDT and 0.237600 USDT over the period. The price is currently at +0.18% from its lowest and -4.80% from its highest.0.225800
0.237600
0.226200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FANTOM - FTM/USDT chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.215900 | 0.222600 | 0.226200 | 0.226886 | 0.231756 | 0.235640 |
| Change (%) | -4.55% | -1.59% | - | +0.30% | +2.46% | +4.17% |
| Change | -0.010300 | -0.003600 | - | +0.000686 | +0.005556 | +0.009440 |
| Level | Minor | Major | - | Minor | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.214033 | 0.217467 | 0.223133 | 0.226567 | 0.232233 | 0.235667 | 0.241333 |
| Camarilla | 0.226298 | 0.227132 | 0.227966 | 0.228800 | 0.229634 | 0.230468 | 0.231303 |
| Woodie | 0.215150 | 0.218025 | 0.224250 | 0.227125 | 0.233350 | 0.236225 | 0.242450 |
| Fibonacci | 0.217467 | 0.220943 | 0.223091 | 0.226567 | 0.230043 | 0.232191 | 0.235667 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.173300 | 0.194600 | 0.211200 | 0.232500 | 0.249100 | 0.270400 | 0.287000 |
| Camarilla | 0.217378 | 0.220852 | 0.224326 | 0.227800 | 0.231274 | 0.234748 | 0.238223 |
| Woodie | 0.170950 | 0.193425 | 0.208850 | 0.231325 | 0.246750 | 0.269225 | 0.284650 |
| Fibonacci | 0.194600 | 0.209078 | 0.218022 | 0.232500 | 0.246978 | 0.255922 | 0.270400 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057633 | 0.158867 | 0.216033 | 0.317267 | 0.374433 | 0.475667 | 0.532833 |
| Camarilla | 0.229640 | 0.244160 | 0.258680 | 0.273200 | 0.287720 | 0.302240 | 0.316760 |
| Woodie | 0.035600 | 0.147850 | 0.194000 | 0.306250 | 0.352400 | 0.464650 | 0.510800 |
| Fibonacci | 0.158867 | 0.219376 | 0.256758 | 0.317267 | 0.377776 | 0.415158 | 0.475667 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 34.77 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | -14.021270 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.232794 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.237030 | |
| Elder Ray (13): | -0.005426 | |
| Super Trend (3,10): | 0.234492 | |
| Zig ZAG (10): | 0.226600 | |
| VORTEX (21): | 0.9718 | |
| Stochastique (14,3,5): | 7.52 | |
| TEMA (21): | 0.232175 | |
| Williams %R (14): | -94.07 | |
| Chande Momentum Oscillator (20): | -0.007700 | |
| Repulse (5,40,3): | -2.8289 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.1014 | |
| Courbe Coppock: | 0.38 |
| MA7: | 0.227686 | |
| MA20: | 0.242765 | |
| MA50: | 0.284778 | |
| MA100: | 0.290613 | |
| MAexp7: | 0.230889 | |
| MAexp20: | 0.231757 | |
| MAexp50: | 0.230388 | |
| MAexp100: | 0.230116 | |
| Price / MA7: | -0.65% | |
| Price / MA20: | -6.82% | |
| Price / MA50: | -20.57% | |
| Price / MA100: | -22.16% | |
| Price / MAexp7: | -2.03% | |
| Price / MAexp20: | -2.40% | |
| Price / MAexp50: | -1.82% | |
| Price / MAexp100: | -1.70% |
Quotes :
-
Real time data
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Cryptocompare
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