FANTOM - FTM/USDT - Daily - Technical analysis published on 11/28/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Neutral
Technical indicators
72%
6%
22%
My opinion
Neutral between 0.010220 USDT and 0.014350 USDT
My targets
-
My analysis
There is no basic trend on FANTOM - FTM/USDT and in the short term, there are still few buyers. It is difficult to advise a trading direction under these conditions. The nearest resistance is located at 0.014350 USDT. The nearest support is located at 0.010220 USDT. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FANTOM - FTM/USDT rating is 0.013400 USDT. On the day, this instrument gained +5.10% and was traded between 0.012350 USDT and 0.013590 USDT over the period. The price is currently at +8.50% from its lowest and -1.40% from its highest.0.012350
0.013590
0.013400
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 this Daily chart of FANTOM - FTM/USDT indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the slightly bullish signals currently given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 | 0.007700 | 0.010220 | 0.013400 | 0.014350 | 0.021720 | 0.025370 |
| Change (%) | -42.54% | -23.73% | - | +7.09% | +62.09% | +89.33% |
| Change | -0.005700 | -0.003180 | - | +0.000950 | +0.008320 | +0.011970 |
| Level | Minor | Major | - | Intermediate | Minor | Minor |
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 | 0.009773 | 0.010397 | 0.011573 | 0.012197 | 0.013373 | 0.013997 | 0.015173 |
| Camarilla | 0.012255 | 0.012420 | 0.012585 | 0.012750 | 0.012915 | 0.013080 | 0.013245 |
| Woodie | 0.010050 | 0.010535 | 0.011850 | 0.012335 | 0.013650 | 0.014135 | 0.015450 |
| Fibonacci | 0.010397 | 0.011084 | 0.011509 | 0.012197 | 0.012884 | 0.013309 | 0.013997 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004982 | 0.007121 | 0.008821 | 0.010960 | 0.012660 | 0.014799 | 0.016499 |
| Camarilla | 0.009464 | 0.009816 | 0.010168 | 0.010520 | 0.010872 | 0.011224 | 0.011576 |
| Woodie | 0.004762 | 0.007011 | 0.008601 | 0.010850 | 0.012440 | 0.014689 | 0.016279 |
| Fibonacci | 0.007121 | 0.008588 | 0.009494 | 0.010960 | 0.012427 | 0.013333 | 0.014799 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.005060 | 0.007420 | 0.009740 | 0.012100 | 0.014420 | 0.016780 | 0.019100 |
| Camarilla | 0.010773 | 0.011202 | 0.011631 | 0.012060 | 0.012489 | 0.012918 | 0.013347 |
| Woodie | 0.005040 | 0.007410 | 0.009720 | 0.012090 | 0.014400 | 0.016770 | 0.019080 |
| Fibonacci | 0.007420 | 0.009208 | 0.010312 | 0.012100 | 0.013888 | 0.014992 | 0.016780 |
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): | 58.90 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | 4.744625 | |
| AROON (14): | 21.428574 | |
| DEMA (21): | 0.011766 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.009087 | |
| Elder Ray (13): | 0.001066 | |
| Super Trend (3,10): | 0.009436 | |
| Zig ZAG (10): | 0.013420 | |
| VORTEX (21): | 0.9681 | |
| Stochastique (14,3,5): | 83.12 | |
| TEMA (21): | 0.011689 | |
| Williams %R (14): | -3.71 | |
| Chande Momentum Oscillator (20): | 0.000500 | |
| Repulse (5,40,3): | 22.3932 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2949 | |
| Courbe Coppock: | 24.07 |
| MA7: | 0.011338 | |
| MA20: | 0.012219 | |
| MA50: | 0.012134 | |
| MA100: | 0.013469 | |
| MAexp7: | 0.012004 | |
| MAexp20: | 0.011989 | |
| MAexp50: | 0.012426 | |
| MAexp100: | 0.013593 | |
| Price / MA7: | +18.19% | |
| Price / MA20: | +9.67% | |
| Price / MA50: | +10.43% | |
| Price / MA100: | -0.51% | |
| Price / MAexp7: | +11.63% | |
| Price / MAexp20: | +11.77% | |
| Price / MAexp50: | +7.84% | |
| Price / MAexp100: | -1.42% |
This member declared not having a position on this financial instrument or a related financial instrument.
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