FANTOM - FTM/USDT - 1H - Technical analysis published on 09/29/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
33%
17%
50%
My opinion
Bullish above 0.222600 USDT
My targets
0.229900 USDT (+0.83%)
0.233480 USDT (+2.40%)
My analysis
The strong short-term increase for FANTOM - FTM/USDT reinforces the current slightly bullish trend. As long as the price remains above 0.222600 USDT, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.229900 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.233480 USDT as an objective. Crossing it would then enable buyers to target 0.237600 USDT. A return to 0.222600 USDT would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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Additional analysis
Quotes
FANTOM - FTM/USDT rating 0.228000 USDT. The price registered an increase of +0.31% on the session and was between 0.225600 USDT and 0.230500 USDT. This implies that the price is at +1.06% from its lowest and at -1.08% from its highest.0.225600
0.230500
0.228000
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish harami
Type : Bullish
Timeframe : 1 hour
White morning star
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.215900 | 0.222600 | 0.226900 | 0.228000 | 0.229900 | 0.233480 | 0.237600 |
| Change (%) | -5.31% | -2.37% | -0.48% | - | +0.83% | +2.40% | +4.21% |
| Change | -0.012100 | -0.005400 | -0.001100 | - | +0.001900 | +0.005480 | +0.009600 |
| Level | Minor | Major | Minor | - | Minor | 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 | 0.209467 | 0.214033 | 0.220667 | 0.225233 | 0.231867 | 0.236433 | 0.243067 |
| Camarilla | 0.224220 | 0.225247 | 0.226273 | 0.227300 | 0.228327 | 0.229353 | 0.230380 |
| Woodie | 0.210500 | 0.214550 | 0.221700 | 0.225750 | 0.232900 | 0.236950 | 0.244100 |
| Fibonacci | 0.214033 | 0.218312 | 0.220955 | 0.225233 | 0.229512 | 0.232155 | 0.236433 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.15 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | -6.762355 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.227860 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.230223 | |
| Elder Ray (13): | -0.000776 | |
| Super Trend (3,10): | 0.223810 | |
| Zig ZAG (10): | 0.227600 | |
| VORTEX (21): | 1.0438 | |
| Stochastique (14,3,5): | 24.98 | |
| TEMA (21): | 0.228350 | |
| Williams %R (14): | -53.06 | |
| Chande Momentum Oscillator (20): | -0.000300 | |
| Repulse (5,40,3): | 0.3437 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0288 | |
| Courbe Coppock: | 0.35 |
| MA7: | 0.228271 | |
| MA20: | 0.239245 | |
| MA50: | 0.278262 | |
| MA100: | 0.289953 | |
| MAexp7: | 0.227774 | |
| MAexp20: | 0.227518 | |
| MAexp50: | 0.227511 | |
| MAexp100: | 0.227949 | |
| Price / MA7: | -0.12% | |
| Price / MA20: | -4.70% | |
| Price / MA50: | -18.06% | |
| Price / MA100: | -21.37% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.21% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.02% |
Quotes :
-
Real time data
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