ARTIFICIAL SUPERINTELLIGENCE A - FET/USD - Daily - Technical analysis published on 07/26/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
61%
11%
My opinion
Bearish under 0.240018 USD
My targets
0.183267 USD (-12.77%)
0.136633 USD (-34.97%)
My analysis
The bearish trend is currently very strong for FETCH.AI - FET/USD. As long as the price remains below the resistance at 0.240018 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.183267 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.136633 USD as an objective. Crossing it would then enable sellers to target 0.055763 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.8
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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 0.210100 USD. The price is lower by -0.05% since the last closing and was traded between 0.205000 USD and 0.211000 USD over the period. The price is currently at +2.49% from its lowest and -0.43% from its highest.0.205000
0.211000
0.210100
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
A study of price movements over other periods shows the following variations:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of FETCH.AI - FET/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 2 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.055763 | 0.183267 | 0.210100 | 0.240018 | 0.276500 | 0.317900 |
| Change (%) | -73.46% | -12.77% | - | +14.24% | +31.60% | +51.31% |
| Change | -0.154337 | -0.026833 | - | +0.029918 | +0.066400 | +0.107800 |
| Level | Minor | Major | - | Major | Minor | Minor |
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 | 0.201633 | 0.204667 | 0.207433 | 0.210467 | 0.213233 | 0.216267 | 0.219033 |
| Camarilla | 0.208605 | 0.209137 | 0.209668 | 0.210200 | 0.210732 | 0.211263 | 0.211795 |
| Woodie | 0.201500 | 0.204600 | 0.207300 | 0.210400 | 0.213100 | 0.216200 | 0.218900 |
| Fibonacci | 0.204667 | 0.206882 | 0.208251 | 0.210467 | 0.212682 | 0.214051 | 0.216267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.176800 | 0.197000 | 0.208300 | 0.228500 | 0.239800 | 0.260000 | 0.271300 |
| Camarilla | 0.210938 | 0.213825 | 0.216713 | 0.219600 | 0.222488 | 0.225375 | 0.228263 |
| Woodie | 0.172350 | 0.194775 | 0.203850 | 0.226275 | 0.235350 | 0.257775 | 0.266850 |
| Fibonacci | 0.197000 | 0.209033 | 0.216467 | 0.228500 | 0.240533 | 0.247967 | 0.260000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.100767 | 0.136633 | 0.181667 | 0.217533 | 0.262567 | 0.298433 | 0.343467 |
| Camarilla | 0.204453 | 0.211868 | 0.219284 | 0.226700 | 0.234116 | 0.241532 | 0.248948 |
| Woodie | 0.105350 | 0.138925 | 0.186250 | 0.219825 | 0.267150 | 0.300725 | 0.348050 |
| Fibonacci | 0.136633 | 0.167537 | 0.186630 | 0.217533 | 0.248437 | 0.267530 | 0.298433 |
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): | 40.94 | |
| MACD (12,26,9): | -0.0029 | |
| Directional Movement: | -6.857902 | |
| AROON (14): | -85.714286 | |
| DEMA (21): | 0.218992 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.253096 | |
| Elder Ray (13): | -0.012118 | |
| Super Trend (3,10): | 0.193121 | |
| Zig ZAG (10): | 0.210500 | |
| VORTEX (21): | 0.9347 | |
| Stochastique (14,3,5): | 6.86 | |
| TEMA (21): | 0.217567 | |
| Williams %R (14): | -89.39 | |
| Chande Momentum Oscillator (20): | -0.027100 | |
| Repulse (5,40,3): | 0.9848 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0007 | |
| Courbe Coppock: | 4.99 |
| MA7: | 0.217443 | |
| MA20: | 0.223250 | |
| MA50: | 0.217276 | |
| MA100: | 0.251662 | |
| MAexp7: | 0.216595 | |
| MAexp20: | 0.221750 | |
| MAexp50: | 0.229182 | |
| MAexp100: | 0.245345 | |
| Price / MA7: | -3.38% | |
| Price / MA20: | -5.89% | |
| Price / MA50: | -3.30% | |
| Price / MA100: | -16.52% | |
| Price / MAexp7: | -3.00% | |
| Price / MAexp20: | -5.25% | |
| Price / MAexp50: | -8.33% | |
| Price / MAexp100: | -14.37% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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