FANTOM - FTM/USDT - 1H - Technical analysis published on 12/09/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.240467 USDT
My targets
0.254780 USDT (+4.42%)
0.257733 USDT (+5.63%)
My analysis
The bullish trend is currently very strong on FANTOM - FTM/USDT. As long as the price remains above the support at 0.240467 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.254780 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.257733 USDT as an objective. Crossing it would then enable buyers to target 0.288000 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FANTOM - FTM/USDT price is 0.244000 USDT. The price has increased by +2.65% since the last closing and was between 0.235100 USDT and 0.244600 USDT. This implies that the price is at +3.79% from its lowest and at -0.25% from its highest.0.235100
0.244600
0.244000
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of FANTOM - FTM/USDT in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.233122 | 0.236560 | 0.240467 | 0.244000 | 0.254780 | 0.257733 | 0.288000 |
| Change (%) | -4.46% | -3.05% | -1.45% | - | +4.42% | +5.63% | +18.03% |
| Change | -0.010878 | -0.007440 | -0.003533 | - | +0.010780 | +0.013733 | +0.044000 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | 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 | 0.222133 | 0.225367 | 0.231533 | 0.234767 | 0.240933 | 0.244167 | 0.250333 |
| Camarilla | 0.235115 | 0.235977 | 0.236838 | 0.237700 | 0.238562 | 0.239423 | 0.240285 |
| Woodie | 0.223600 | 0.226100 | 0.233000 | 0.235500 | 0.242400 | 0.244900 | 0.251800 |
| Fibonacci | 0.225367 | 0.228958 | 0.231176 | 0.234767 | 0.238358 | 0.240576 | 0.244167 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.106800 | 0.142200 | 0.189600 | 0.225000 | 0.272400 | 0.307800 | 0.355200 |
| Camarilla | 0.214230 | 0.221820 | 0.229410 | 0.237000 | 0.244590 | 0.252180 | 0.259770 |
| Woodie | 0.112800 | 0.145200 | 0.195600 | 0.228000 | 0.278400 | 0.310800 | 0.361200 |
| Fibonacci | 0.142200 | 0.173830 | 0.193370 | 0.225000 | 0.256630 | 0.276170 | 0.307800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.019300 | 0.092000 | 0.168300 | 0.241000 | 0.317300 | 0.390000 | 0.466300 |
| Camarilla | 0.203625 | 0.217283 | 0.230942 | 0.244600 | 0.258258 | 0.271917 | 0.285575 |
| Woodie | 0.021100 | 0.092900 | 0.170100 | 0.241900 | 0.319100 | 0.390900 | 0.468100 |
| Fibonacci | 0.092000 | 0.148918 | 0.184082 | 0.241000 | 0.297918 | 0.333082 | 0.390000 |
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): | 65.12 | |
| MACD (12,26,9): | 0.0021 | |
| Directional Movement: | 18.676518 | |
| AROON (14): | 35.714285 | |
| DEMA (21): | 0.241379 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.238700 | |
| Elder Ray (13): | 0.002526 | |
| Super Trend (3,10): | 0.236117 | |
| Zig ZAG (10): | 0.242800 | |
| VORTEX (21): | 1.0687 | |
| Stochastique (14,3,5): | 71.23 | |
| TEMA (21): | 0.243283 | |
| Williams %R (14): | -12.63 | |
| Chande Momentum Oscillator (20): | 0.006000 | |
| Repulse (5,40,3): | 1.1172 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1115 | |
| Courbe Coppock: | 5.14 |
| MA7: | 0.241371 | |
| MA20: | 0.214900 | |
| MA50: | 0.215034 | |
| MA100: | 0.223977 | |
| MAexp7: | 0.241512 | |
| MAexp20: | 0.238770 | |
| MAexp50: | 0.237480 | |
| MAexp100: | 0.238105 | |
| Price / MA7: | +1.09% | |
| Price / MA20: | +13.54% | |
| Price / MA50: | +13.47% | |
| Price / MA100: | +8.94% | |
| Price / MAexp7: | +1.03% | |
| Price / MAexp20: | +2.19% | |
| Price / MAexp50: | +2.75% | |
| Price / MAexp100: | +2.48% |
Quotes :
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Real time data
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