FETCH.AI - FET/USD - 1H - Technical analysis published on 10/08/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.737085 USD
My targets
0.782400 USD (+3.92%)
0.817600 USD (+8.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FETCH.AI - FET/USD as long as the price remains well above 0.737085 USD. The buyers' bullish objective is set at 0.782400 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.817600 USD. If there is any crossing, the next objective would be the resistance located at 0.842200 USD.
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
6.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FETCH.AI - FET/USD rating 0.752900 USD. On the day, this instrument gained +5.67% with the lowest point at 0.688500 USD and the highest point at 0.779200 USD. The deviation from the price is +9.35% for the low point and -3.38% for the high point.0.688500
0.779200
0.752900
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of FETCH.AI - FET/USD indicates that the overall trend is bullish. The signals returned by the moving averages are 67.86% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.678300 | 0.706300 | 0.737085 | 0.752900 | 0.782400 | 0.817600 | 0.842200 |
| Change (%) | -9.91% | -6.19% | -2.10% | - | +3.92% | +8.59% | +11.86% |
| Change | -0.074600 | -0.046600 | -0.015815 | - | +0.029500 | +0.064700 | +0.089300 |
| Level | Major | Minor | Intermediate | - | Minor | Major | 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 | 0.622367 | 0.650033 | 0.681267 | 0.708933 | 0.740167 | 0.767833 | 0.799067 |
| Camarilla | 0.696303 | 0.701702 | 0.707101 | 0.712500 | 0.717899 | 0.723298 | 0.728698 |
| Woodie | 0.624150 | 0.650925 | 0.683050 | 0.709825 | 0.741950 | 0.768725 | 0.800850 |
| Fibonacci | 0.650033 | 0.672533 | 0.686434 | 0.708933 | 0.731433 | 0.745334 | 0.767833 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.491900 | 0.582200 | 0.691700 | 0.782000 | 0.891500 | 0.981800 | 1.091300 |
| Camarilla | 0.746255 | 0.764570 | 0.782885 | 0.801200 | 0.819515 | 0.837830 | 0.856145 |
| Woodie | 0.501500 | 0.587000 | 0.701300 | 0.786800 | 0.901100 | 0.986600 | 1.100900 |
| Fibonacci | 0.582200 | 0.658524 | 0.705676 | 0.782000 | 0.858324 | 0.905476 | 0.981800 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.132733 | 0.224933 | 0.473667 | 0.831333 | 1.080067 | 1.437733 | 1.686467 |
| Camarilla | 0.555640 | 0.611227 | 0.666813 | 0.722400 | 0.777987 | 0.833573 | 0.889160 |
| Woodie | -0.187200 | 0.197700 | 0.419200 | 0.804100 | 1.025600 | 1.410500 | 1.632000 |
| Fibonacci | 0.224933 | 0.456578 | 0.599689 | 0.831333 | 1.062978 | 1.206089 | 1.437733 |
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): | 76.11 | |
| MACD (12,26,9): | 0.0124 | |
| Directional Movement: | 24.924258 | |
| AROON (14): | 49.999997 | |
| DEMA (21): | 0.736984 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.706468 | |
| Elder Ray (13): | 0.034133 | |
| Super Trend (3,10): | 0.721254 | |
| Zig ZAG (10): | 0.770400 | |
| VORTEX (21): | 1.2609 | |
| Stochastique (14,3,5): | 87.19 | |
| TEMA (21): | 0.750661 | |
| Williams %R (14): | -2.89 | |
| Chande Momentum Oscillator (20): | 0.060300 | |
| Repulse (5,40,3): | 3.2368 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0892 | |
| Courbe Coppock: | 10.52 |
| MA7: | 0.753357 | |
| MA20: | 0.749380 | |
| MA50: | 0.737486 | |
| MA100: | 0.541488 | |
| MAexp7: | 0.746911 | |
| MAexp20: | 0.724550 | |
| MAexp50: | 0.719474 | |
| MAexp100: | 0.728576 | |
| Price / MA7: | -0.06% | |
| Price / MA20: | +0.47% | |
| Price / MA50: | +2.09% | |
| Price / MA100: | +39.04% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +3.91% | |
| Price / MAexp50: | +4.65% | |
| Price / MAexp100: | +3.34% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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