FTX TOKEN - FTT/USDT - Daily - Technical analysis published on 02/04/2022 (GMT)
- 200
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
72%
6%
22%
My opinion
Neutral between 41.35 USDT and 48.19 USDT
My targets
-
My analysis
There is no basic trend on FTX TOKEN - FTT/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 48.19 USDT. The nearest support is located at 41.35 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.
Technical indicators are bullish in the very short term 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.
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Additional analysis
Quotes
The FTX TOKEN - FTT/USDT rating is 43.70 USDT. The price registered an increase of +2.27% on the session and was between 42.54 USDT and 43.98 USDT. This implies that the price is at +2.73% from its lowest and at -0.64% from its highest.42.54
43.98
43.70
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FTX TOKEN - FTT/USDT:
Technical
A technical analysis in Daily of this FTX TOKEN - FTT/USDT chart shows a neutral trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 33.45 | 37.58 | 41.35 | 43.70 | 48.19 | 61.33 | 65.52 |
Change (%) | -23.46% | -14.00% | -5.38% | - | +10.27% | +40.34% | +49.93% |
Change | -10.25 | -6.12 | -2.35 | - | +4.49 | +17.63 | +21.82 |
Level | Intermediate | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
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 |
---|---|---|---|---|---|---|---|
Standard | 39.04 | 39.95 | 41.34 | 42.25 | 43.64 | 44.55 | 45.94 |
Camarilla | 42.10 | 42.31 | 42.52 | 42.73 | 42.94 | 43.15 | 43.36 |
Woodie | 39.28 | 40.07 | 41.58 | 42.37 | 43.88 | 44.67 | 46.18 |
Fibonacci | 39.95 | 40.83 | 41.37 | 42.25 | 43.13 | 43.67 | 44.55 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 24.18 | 27.77 | 34.74 | 38.33 | 45.30 | 48.89 | 55.86 |
Camarilla | 38.81 | 39.77 | 40.74 | 41.71 | 42.68 | 43.65 | 44.61 |
Woodie | 25.87 | 28.62 | 36.43 | 39.18 | 46.99 | 49.74 | 57.55 |
Fibonacci | 27.77 | 31.80 | 34.30 | 38.33 | 42.36 | 44.86 | 48.89 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 14.77 | 23.07 | 33.33 | 41.63 | 51.89 | 60.19 | 70.45 |
Camarilla | 38.50 | 40.20 | 41.90 | 43.60 | 45.30 | 47.00 | 48.70 |
Woodie | 15.76 | 23.56 | 34.32 | 42.12 | 52.88 | 60.68 | 71.44 |
Fibonacci | 23.07 | 30.16 | 34.54 | 41.63 | 48.72 | 53.10 | 60.19 |
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): | 56.00 | |
MACD (12,26,9): | 0.6300 | |
Directional Movement: | 10.54 | |
AROON (14): | 57.14 | |
DEMA (21): | 41.89 | |
Parabolic SAR (0,02-0,02-0,2): | 33.69 | |
Elder Ray (13): | 1.51 | |
Super Trend (3,10): | 45.46 | |
Zig ZAG (10): | 43.68 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 63.88 | |
TEMA (21): | 42.93 | |
Williams %R (14): | -32.68 | |
Chande Momentum Oscillator (20): | 7.70 | |
Repulse (5,40,3): | 3.1200 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0300 | |
Courbe Coppock: | 7.40 |
MA7: | 42.98 | |
MA20: | 41.17 | |
MA50: | 40.62 | |
MA100: | 46.11 | |
MAexp7: | 42.59 | |
MAexp20: | 41.34 | |
MAexp50: | 41.93 | |
MAexp100: | 44.21 | |
Price / MA7: | +1.68% | |
Price / MA20: | +6.15% | |
Price / MA50: | +7.58% | |
Price / MA100: | -5.23% | |
Price / MAexp7: | +2.61% | |
Price / MAexp20: | +5.71% | |
Price / MAexp50: | +4.22% | |
Price / MAexp100: | -1.15% |
Quotes :
-
Real time data
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Cryptocompare
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About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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