FANTOM - FTM/USDT
FANTOM - FTM/USDT
- USDT (-)
- Real time data - Cryptocompare
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Type: Cryptocurrencies
Ticker: FTMUSDT
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FANTOM - FTM/USDT - Daily - Technical analysis published on 12/05/2019 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bearish
Technical indicators
56%
0%
44%
My opinion
Bearish under 0.014350 USDT
My targets
0.012054 USDT (-1.04%)
0.010220 USDT (-16.09%)
My analysis
In a bearish trend, the price of FANTOM - FTM/USDT tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.014350 USDT. A bearish break in the support located at 0.012054 USDT would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.010220 USDT. PS: if there is a bullish break in the resistance located at 0.014350 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
FORCE
0
10
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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:
15 min. 1H Weekly

Additional analysis

Quotes

FANTOM - FTM/USDT rating 0.012180 USDT. The price has increased by +1.00% since the last closing and was between 0.011690 USDT and 0.012690 USDT. This implies that the price is at +4.19% from its lowest and at -4.02% from its highest.

0.011690
0.012690
0.012180

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this FANTOM - FTM/USDT chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

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:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.010220 0.012180 0.014350 0.021563 0.025370
Change (%) -16.09% - +17.82% +77.04% +108.29%
Change -0.001960 - +0.002170 +0.009383 +0.013190
Level Intermediate - Intermediate 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
Standard0.0100200.0107000.0113800.0120600.0127400.0134200.014100
Camarilla0.0116860.0118110.0119350.0120600.0121850.0123090.012434
Woodie0.0100200.0107000.0113800.0120600.0127400.0134200.014100
Fibonacci0.0107000.0112200.0115410.0120600.0125800.0129010.013420


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0048980.0069550.0097770.0118340.0146560.0167130.019535
Camarilla0.0112580.0117060.0121530.0126000.0130470.0134950.013942
Woodie0.0052820.0071460.0101610.0120250.0150400.0169040.019919
Fibonacci0.0069550.0088180.0099700.0118340.0136970.0148490.016713


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0040180.0065150.0095570.0120540.0150960.0175930.020635
Camarilla0.0110770.0115850.0120920.0126000.0131080.0136160.014123
Woodie0.0042920.0066510.0098310.0121900.0153700.0177290.020909
Fibonacci0.0065150.0086310.0099380.0120540.0141700.0154770.017593

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): 50.03
MACD (12,26,9): 0.0000
Directional Movement: -2.410480
AROON (14): 21.428572
DEMA (21): 0.012086
Parabolic SAR (0,02-0,02-0,2): 0.010281
Elder Ray (13): 0.000051
Super Trend (3,10): 0.009646
Zig ZAG (10): 0.012230
VORTEX (21): 0.9601
Stochastique (14,3,5): 62.49
TEMA (21): 0.012173
Williams %R (14): -33.61
Chande Momentum Oscillator (20): 0.001730
Repulse (5,40,3): 2.2882
ROCnROLL: -1
TRIX (15,9): -0.1044
Courbe Coppock: 18.06
MA7: 0.012399
MA20: 0.011858
MA50: 0.012137
MA100: 0.013191
MAexp7: 0.012205
MAexp20: 0.012134
MAexp50: 0.012395
MAexp100: 0.013439
Price / MA7: -1.77%
Price / MA20: +2.72%
Price / MA50: +0.35%
Price / MA100: -7.66%
Price / MAexp7: -0.20%
Price / MAexp20: +0.38%
Price / MAexp50: -1.73%
Price / MAexp100: -9.37%

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

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