FANTOM - FTM/USDT - Daily - Technical analysis published on 09/30/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 0.317267 USDT
My targets
0.222600 USDT (-2.45%)
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 0.317267 USDT. The next support located at 0.222600 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.1
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FANTOM - FTM/USDT rating 0.228200 USDT. The price registered an increase of +0.22% on the session and was between 0.224400 USDT and 0.231300 USDT. This implies that the price is at +1.69% from its lowest and at -1.34% from its highest.0.224400
0.231300
0.228200
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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 Daily of this FANTOM - FTM/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 4 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|
ProTrendLines | 0.222600 | 0.228200 | 0.684700 | 1.117000 | 1.280000 |
Change (%) | -2.45% | - | +200.04% | +389.48% | +460.91% |
Change | -0.005600 | - | +0.456500 | +0.888800 | +1.051800 |
Level | Major | - | Minor | Minor | 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 | 0.215467 | 0.219033 | 0.223367 | 0.226933 | 0.231267 | 0.234833 | 0.239167 |
Camarilla | 0.225528 | 0.226252 | 0.226976 | 0.227700 | 0.228424 | 0.229148 | 0.229873 |
Woodie | 0.215850 | 0.219225 | 0.223750 | 0.227125 | 0.231650 | 0.235025 | 0.239550 |
Fibonacci | 0.219033 | 0.222051 | 0.223916 | 0.226933 | 0.229951 | 0.231816 | 0.234833 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 39.25 | |
MACD (12,26,9): | -0.0129 | |
Directional Movement: | -11.441643 | |
AROON (14): | -21.428572 | |
DEMA (21): | 0.219418 | |
Parabolic SAR (0,02-0,02-0,2): | 0.234996 | |
Elder Ray (13): | -0.004050 | |
Super Trend (3,10): | 0.266223 | |
Zig ZAG (10): | 0.228200 | |
VORTEX (21): | 0.9016 | |
Stochastique (14,3,5): | 31.05 | |
TEMA (21): | 0.221184 | |
Williams %R (14): | -68.07 | |
Chande Momentum Oscillator (20): | 0.003900 | |
Repulse (5,40,3): | 0.8019 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.8417 | |
Courbe Coppock: | 16.50 |
MA7: | 0.227400 | |
MA20: | 0.236935 | |
MA50: | 0.275002 | |
MA100: | 0.289714 | |
MAexp7: | 0.228368 | |
MAexp20: | 0.238143 | |
MAexp50: | 0.266069 | |
MAexp100: | 0.345678 | |
Price / MA7: | +0.35% | |
Price / MA20: | -3.69% | |
Price / MA50: | -17.02% | |
Price / MA100: | -21.23% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | -4.18% | |
Price / MAexp50: | -14.23% | |
Price / MAexp100: | -33.98% |
Quotes :
-
Real time data
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