FETCH.AI - FET/USD - 1H - Technical analysis published on 09/25/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
78%
17%
My opinion
Bearish under 0.219800 USD
My targets
0.207033 USD (-3.57%)
0.195567 USD (-8.91%)
My analysis
FETCH.AI - FET/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.219800 USD. The next support located at 0.207033 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.195567 USD. Below this support, sellers could then target 0.182271 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
8.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FETCH.AI - FET/USD rating is 0.214700 USD. On the day, this instrument lost -0.33% with the lowest point at 0.213100 USD and the highest point at 0.219200 USD. The deviation from the price is +0.75% for the low point and -2.05% for the high point.0.213100
0.219200
0.214700
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
Here is a more detailed summary of the historical variations registered by FETCH.AI - FET/USD:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of FETCH.AI - FET/USD in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.054800 | 0.182271 | 0.214700 | 0.219800 | 0.223459 | 0.225580 |
| Change (%) | -74.48% | -15.10% | - | +2.38% | +4.08% | +5.07% |
| Change | -0.159900 | -0.032429 | - | +0.005100 | +0.008759 | +0.010880 |
| Level | Minor | Major | - | Minor | Intermediate | Minor |
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 | 0.204500 | 0.209200 | 0.212300 | 0.217000 | 0.220100 | 0.224800 | 0.227900 |
| Camarilla | 0.213255 | 0.213970 | 0.214685 | 0.215400 | 0.216115 | 0.216830 | 0.217545 |
| Woodie | 0.203700 | 0.208800 | 0.211500 | 0.216600 | 0.219300 | 0.224400 | 0.227100 |
| Fibonacci | 0.209200 | 0.212180 | 0.214020 | 0.217000 | 0.219980 | 0.221820 | 0.224800 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.195567 | 0.207033 | 0.214167 | 0.225633 | 0.232767 | 0.244233 | 0.251367 |
| Camarilla | 0.216185 | 0.217890 | 0.219595 | 0.221300 | 0.223005 | 0.224710 | 0.226415 |
| Woodie | 0.193400 | 0.205950 | 0.212000 | 0.224550 | 0.230600 | 0.243150 | 0.249200 |
| Fibonacci | 0.207033 | 0.214139 | 0.218528 | 0.225633 | 0.232739 | 0.237128 | 0.244233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.113967 | 0.147633 | 0.188467 | 0.222133 | 0.262967 | 0.296633 | 0.337467 |
| Camarilla | 0.208813 | 0.215642 | 0.222471 | 0.229300 | 0.236129 | 0.242958 | 0.249788 |
| Woodie | 0.117550 | 0.149425 | 0.192050 | 0.223925 | 0.266550 | 0.298425 | 0.341050 |
| Fibonacci | 0.147633 | 0.176092 | 0.193674 | 0.222133 | 0.250592 | 0.268174 | 0.296633 |
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): | 37.74 | |
| MACD (12,26,9): | -0.0011 | |
| Directional Movement: | -17.540860 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.215110 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.218074 | |
| Elder Ray (13): | -0.001513 | |
| Super Trend (3,10): | 0.219321 | |
| Zig ZAG (10): | 0.214400 | |
| VORTEX (21): | 0.9078 | |
| Stochastique (14,3,5): | 23.17 | |
| TEMA (21): | 0.214888 | |
| Williams %R (14): | -74.60 | |
| Chande Momentum Oscillator (20): | -0.003700 | |
| Repulse (5,40,3): | -0.0498 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0612 | |
| Courbe Coppock: | 2.49 |
| MA7: | 0.222914 | |
| MA20: | 0.229860 | |
| MA50: | 0.220542 | |
| MA100: | 0.219895 | |
| MAexp7: | 0.215334 | |
| MAexp20: | 0.216809 | |
| MAexp50: | 0.218843 | |
| MAexp100: | 0.221611 | |
| Price / MA7: | -3.68% | |
| Price / MA20: | -6.60% | |
| Price / MA50: | -2.65% | |
| Price / MA100: | -2.36% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.97% | |
| Price / MAexp50: | -1.89% | |
| Price / MAexp100: | -3.12% |
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.
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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