FETCH.AI - FET/USD

- USD (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	FETUSD
ISIN:

FETCH.AI - FET/USD - Daily - Technical analysis published on 05/27/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

44%

22%

33%

My opinion

Bearish under 0.278000 USD

My targets

0.238744 USD (-4.84%)

0.185000 USD (-26.27%)

My analysis

The bearish basic trend is very strong on FETCH.AI - FET/USD but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 0.278000 USD. Crossing the first support at 0.238744 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 0.185000 USD as an objective. Crossing it would then enable sellers to target 0.120000 USD. Caution, a return to above the resistance located at 0.278000 USD would be a sign of a possible consolidation phase of 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.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.3

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

FETCH.AI - FET/USD rating 0.250900 USD. On the day, this instrument gained +2.20% with the lowest point at 0.241700 USD and the highest point at 0.251300 USD. The deviation from the price is +3.81% for the low point and -0.16% for the high point.

0.241700

0.251300

0.250900

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FETCH.AI - FET/USD:

Technical

Technical analysis of FETCH.AI - FET/USD in Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 6 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.120000	0.185000	0.238744	0.250900	0.342789	0.426700	0.541000
Change (%)	-52.17%	-26.27%	-4.84%	-	+36.62%	+70.07%	+115.62%
Change	-0.130900	-0.065900	-0.012156	-	+0.091889	+0.175800	+0.290100
Level	Intermediate	Intermediate	Major	-	Minor	Intermediate	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.215133	0.222967	0.234233	0.242067	0.253333	0.261167	0.272433
Camarilla	0.240248	0.241998	0.243749	0.245500	0.247251	0.249002	0.250753
Woodie	0.216850	0.223825	0.235950	0.242925	0.255050	0.262025	0.274150
Fibonacci	0.222967	0.230263	0.234771	0.242067	0.249363	0.253871	0.261167

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.182800	0.208000	0.233500	0.258700	0.284200	0.309400	0.334900
Camarilla	0.245058	0.249705	0.254353	0.259000	0.263648	0.268295	0.272943
Woodie	0.182950	0.208075	0.233650	0.258775	0.284350	0.309475	0.335050
Fibonacci	0.208000	0.227367	0.239333	0.258700	0.278067	0.290033	0.309400

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.143500	0.228500	0.278000	0.363000	0.412500	0.497500	0.547000
Camarilla	0.290513	0.302842	0.315171	0.327500	0.339829	0.352158	0.364488
Woodie	0.125750	0.219625	0.260250	0.354125	0.394750	0.488625	0.529250
Fibonacci	0.228500	0.279879	0.311621	0.363000	0.414379	0.446121	0.497500

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):	41.48
MACD (12,26,9):	-0.0181
Directional Movement:	-9.343046
AROON (14):	-35.714286
DEMA (21):	0.231235
Parabolic SAR (0,02-0,02-0,2):	0.274893
Elder Ray (13):	-0.003417
Super Trend (3,10):	0.290640
Zig ZAG (10):	0.248600
VORTEX (21):	0.9026
Stochastique (14,3,5):	37.24
TEMA (21):	0.233760
Williams %R (14):	-53.72
Chande Momentum Oscillator (20):	0.003200
Repulse (5,40,3):	6.0477
ROCnROLL:	-1
TRIX (15,9):	-1.0984
Courbe Coppock:	6.30

MA7:	0.241700
MA20:	0.248055
MA50:	0.308038
MA100:	0.352336
MAexp7:	0.244689
MAexp20:	0.257217
MAexp50:	0.292274
MAexp100:	0.302468
Price / MA7:	+3.81%
Price / MA20:	+1.15%
Price / MA50:	-18.55%
Price / MA100:	-28.79%
Price / MAexp7:	+2.54%
Price / MAexp20:	-2.46%
Price / MAexp50:	-14.16%
Price / MAexp100:	-17.05%

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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