FETCH.AI - FET/USDT
FETCH.AI - FET/USDT
- USDT (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: FETUSDT
ISIN:

FETCH.AI - FET/USDT - Weekly - Technical analysis published on 01/21/2023 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.261000 USDT
My targets
0.340933 USDT (+20.43%)
0.504000 USDT (+78.03%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for FETCH.AI - FET/USDT as long as the price remains well above 0.261000 USDT. The buyers' bullish objective is set at 0.340933 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.504000 USDT. If there is any crossing, the next objective would be the resistance located at 0.819000 USDT.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6

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 paradise414. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The FETCH.AI - FET/USDT price is 0.283100 USDT. The price registered an increase of +24.22% over 5 days and was traded between 0.224800 USDT and 0.306900 USDT over the period. The price is currently at +25.93% from its lowest point and -7.75% from its highest point.

0.224800
0.306900
0.283100

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Weekly chart of FETCH.AI - FET/USDT indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Weekly


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Weekly



In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Long white line

Type : Bullish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.117600 0.186600 0.261000 0.283100 0.504000 0.819000 0.949700
Change (%) -58.46% -34.09% -7.81% - +78.03% +189.30% +235.46%
Change -0.165500 -0.096500 -0.022100 - +0.220900 +0.535900 +0.666600
Level Major Minor Intermediate - Minor Minor Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2306000.2448000.2639000.2781000.2972000.3114000.330500
Camarilla0.2738430.2768950.2799480.2830000.2860530.2891050.292158
Woodie0.2330500.2460250.2663500.2793250.2996500.3126250.332950
Fibonacci0.2448000.2575210.2653790.2781000.2908210.2986790.311400


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0363670.0875330.1630670.2142330.2897670.3409330.416467
Camarilla0.2037580.2153720.2269860.2386000.2502140.2618280.273443
Woodie0.0485500.0936250.1752500.2203250.3019500.3470250.428650
Fibonacci0.0875330.1359330.1658340.2142330.2626330.2925340.340933


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0058800.0281600.0599200.0939600.1257200.1597600.191520
Camarilla0.0735850.0796170.0856480.0916800.0977120.1037430.109775
Woodie-0.0070200.0275900.0587800.0933900.1245800.1591900.190380
Fibonacci0.0281600.0532960.0688240.0939600.1190960.1346240.159760

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): 74.29
MACD (12,26,9): 0.0088
Directional Movement: 35.316722
AROON (14): 57.142857
DEMA (21): 0.123174
Parabolic SAR (0,02-0,02-0,2): 0.075274
Elder Ray (13): 0.121683
Super Trend (3,10): 0.124313
Zig ZAG (10): 0.283100
VORTEX (21): 1.2092
Stochastique (14,3,5): 84.44
TEMA (21): 0.178659
Williams %R (14): -9.37
Chande Momentum Oscillator (20): 0.199080
Repulse (5,40,3): 65.1771
ROCnROLL: 1
TRIX (15,9): -2.2492
Courbe Coppock: 169.57
MA7: 0.260586
MA20: 0.193415
MA50: 0.131581
MA100: 0.102230
MAexp7: 0.171413
MAexp20: 0.128176
MAexp50: 0.180341
MAexp100: 0.230661
Price / MA7: +8.64%
Price / MA20: +46.37%
Price / MA50: +115.15%
Price / MA100: +176.92%
Price / MAexp7: +65.16%
Price / MAexp20: +120.87%
Price / MAexp50: +56.98%
Price / MAexp100: +22.73%

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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