FTX TOKEN - FTT/USDT - 15 min. - Technical analysis published on 07/18/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 28.40 USDT
My targets
29.64 USDT (+0.82%)
31.68 USDT (+7.76%)
My analysis
The basic bullish trend is very strong on FTX TOKEN - FTT/USDT but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 28.40 USDT. Crossing the first resistance at 29.64 USDT would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 31.68 USDT as an objective. Crossing it would then enable buyers to target 33.45 USDT. Caution, a return to below 28.40 USDT would be a sign of a consolidation phase in the short-term basic trend. 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
6.8
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Additional analysis
Quotes
The FTX TOKEN - FTT/USDT rating is 29.40 USDT. The price has increased by +6.48% since the last closing and was between 27.62 USDT and 29.93 USDT. This implies that the price is at +6.44% from its lowest and at -1.77% from its highest.27.62
29.93
29.40
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of FTX TOKEN - FTT/USDT indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
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:
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.85 | 27.61 | 28.17 | 29.40 | 33.45 | 39.82 | 51.98 |
| Change (%) | -8.67% | -6.09% | -4.18% | - | +13.78% | +35.44% | +76.80% |
| Change | -2.55 | -1.79 | -1.23 | - | +4.05 | +10.42 | +22.58 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.92 | 26.71 | 27.16 | 27.95 | 28.40 | 29.19 | 29.64 |
| Camarilla | 27.27 | 27.38 | 27.50 | 27.61 | 27.72 | 27.84 | 27.95 |
| Woodie | 25.75 | 26.63 | 26.99 | 27.87 | 28.23 | 29.11 | 29.47 |
| Fibonacci | 26.71 | 27.18 | 27.48 | 27.95 | 28.42 | 28.72 | 29.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.60 | 21.44 | 24.72 | 26.56 | 29.84 | 31.68 | 34.96 |
| Camarilla | 26.59 | 27.06 | 27.53 | 28.00 | 28.47 | 28.94 | 29.41 |
| Woodie | 20.32 | 21.80 | 25.44 | 26.92 | 30.56 | 32.04 | 35.68 |
| Fibonacci | 21.44 | 23.40 | 24.60 | 26.56 | 28.52 | 29.72 | 31.68 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.41 | 16.73 | 20.65 | 24.97 | 28.89 | 33.21 | 37.13 |
| Camarilla | 22.30 | 23.06 | 23.82 | 24.57 | 25.33 | 26.08 | 26.84 |
| Woodie | 12.21 | 16.63 | 20.45 | 24.87 | 28.69 | 33.11 | 36.93 |
| Fibonacci | 16.73 | 19.88 | 21.82 | 24.97 | 28.12 | 30.06 | 33.21 |
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): | 64.16 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 17.79 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 29.50 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.07 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 29.13 | |
| Zig ZAG (10): | 29.60 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 82.42 | |
| TEMA (21): | 29.39 | |
| Williams %R (14): | -43.37 | |
| Chande Momentum Oscillator (20): | 0.14 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.38 |
| MA7: | 26.65 | |
| MA20: | 25.99 | |
| MA50: | 26.27 | |
| MA100: | 31.14 | |
| MAexp7: | 29.47 | |
| MAexp20: | 29.41 | |
| MAexp50: | 29.20 | |
| MAexp100: | 28.81 | |
| Price / MA7: | +10.32% | |
| Price / MA20: | +13.12% | |
| Price / MA50: | +11.91% | |
| Price / MA100: | -5.59% | |
| Price / MAexp7: | -0.24% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.68% | |
| Price / MAexp100: | +2.05% |
Quotes :
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Real time data
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