FANTOM - FTM/USDT
FANTOM - FTM/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: FTMUSDT
ISIN:

FANTOM - FTM/USDT - 1H - Technical analysis published on 10/01/2022 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 0.227000 USDT
My targets
0.222600 USDT (-1.29%)
0.220900 USDT (-2.04%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FANTOM - FTM/USDT as long as the price remains well below 0.227000 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 0.220900 USDT. If there is any crossing, the next objective would be the support located at 0.218600 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

FANTOM - FTM/USDT rating 0.225500 USDT. The price registered an increase of +0.18% on the session and was traded between 0.224600 USDT and 0.227000 USDT over the period. The price is currently at +0.40% from its lowest and -0.66% from its highest.

0.224600
0.227000
0.225500

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of FANTOM - FTM/USDT indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.220900 0.222600 0.224433 0.225500 0.227000 0.229260 0.231267
Change (%) -2.04% -1.29% -0.47% - +0.67% +1.67% +2.56%
Change -0.004600 -0.002900 -0.001067 - +0.001500 +0.003760 +0.005767
Level Minor Major Intermediate - Minor Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2145000.2191000.2221000.2267000.2297000.2343000.237300
Camarilla0.2230100.2237070.2244030.2251000.2257970.2264930.227190
Woodie0.2137000.2187000.2213000.2263000.2289000.2339000.236500
Fibonacci0.2191000.2220030.2237970.2267000.2296030.2313970.234300


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1733000.1946000.2112000.2325000.2491000.2704000.287000
Camarilla0.2173780.2208520.2243260.2278000.2312740.2347480.238223
Woodie0.1709500.1934250.2088500.2313250.2467500.2692250.284650
Fibonacci0.1946000.2090780.2180220.2325000.2469780.2559220.270400


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1280330.1719670.1985330.2424670.2690330.3129670.339533
Camarilla0.2057130.2121750.2186380.2251000.2315630.2380250.244488
Woodie0.1193500.1676250.1898500.2381250.2603500.3086250.330850
Fibonacci0.1719670.1988980.2155360.2424670.2693980.2860360.312967

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): 49.60
MACD (12,26,9): -0.0002
Directional Movement: 2.675936
AROON (14): -42.857143
DEMA (21): 0.225892
Parabolic SAR (0,02-0,02-0,2): 0.228100
Elder Ray (13): 0.000103
Super Trend (3,10): 0.223981
Zig ZAG (10): 0.226100
VORTEX (21): 0.9465
Stochastique (14,3,5): 43.69
TEMA (21): 0.225753
Williams %R (14): -55.77
Chande Momentum Oscillator (20): -0.000700
Repulse (5,40,3): 0.0466
ROCnROLL: 2
TRIX (15,9): -0.0197
Courbe Coppock: 1.20
MA7: 0.226714
MA20: 0.234455
MA50: 0.271420
MA100: 0.289220
MAexp7: 0.226011
MAexp20: 0.226251
MAexp50: 0.226625
MAexp100: 0.227059
Price / MA7: -0.54%
Price / MA20: -3.82%
Price / MA50: -16.92%
Price / MA100: -22.03%
Price / MAexp7: -0.23%
Price / MAexp20: -0.33%
Price / MAexp50: -0.50%
Price / MAexp100: -0.69%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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