FRONTIER - FRONT/USDT - 1H - Technical analysis published on 02/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.655613 USDT
My targets
0.684931 USDT (+2.29%)
0.746864 USDT (+11.54%)
My analysis
The bullish trend is currently very strong on FRONTIER - FRONT/USDT. As long as the price remains above the support at 0.655613 USDT, you could try to benefit from the boom. The first bullish objective is located at 0.684931 USDT. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.746864 USDT as an objective. Crossing it would then enable buyers to target 0.829300 USDT. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
8.4
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Additional analysis
Quotes
The FRONTIER - FRONT/USDT rating is 0.669581 USDT. On the day, this instrument gained +9.12% and was traded between 0.591279 USDT and 0.674764 USDT over the period. The price is currently at +13.24% from its lowest and -0.77% from its highest.0.591279
0.674764
0.669581
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FRONTIER - FRONT/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 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 : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.520329 | 0.550782 | 0.574970 | 0.669581 | 0.684931 | 0.829300 | 1.075000 |
| Change (%) | -22.29% | -17.74% | -14.13% | - | +2.29% | +23.85% | +60.55% |
| Change | -0.149252 | -0.118799 | -0.094611 | - | +0.015350 | +0.159719 | +0.405419 |
| Level | Major | Minor | Minor | - | Intermediate | 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 | 0.385050 | 0.459287 | 0.536458 | 0.610695 | 0.687866 | 0.762103 | 0.839274 |
| Camarilla | 0.571993 | 0.585872 | 0.599751 | 0.613630 | 0.627509 | 0.641388 | 0.655267 |
| Woodie | 0.386518 | 0.460021 | 0.537926 | 0.611429 | 0.689334 | 0.762837 | 0.840742 |
| Fibonacci | 0.459287 | 0.517125 | 0.552857 | 0.610695 | 0.668533 | 0.704265 | 0.762103 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.337313 | 0.386919 | 0.443413 | 0.493019 | 0.549513 | 0.599119 | 0.655613 |
| Camarilla | 0.470729 | 0.480454 | 0.490180 | 0.499906 | 0.509632 | 0.519358 | 0.529084 |
| Woodie | 0.340756 | 0.388641 | 0.446856 | 0.494741 | 0.552956 | 0.600841 | 0.659056 |
| Fibonacci | 0.386919 | 0.427450 | 0.452489 | 0.493019 | 0.533550 | 0.558589 | 0.599119 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.167261 | 0.274419 | 0.360462 | 0.467620 | 0.553663 | 0.660821 | 0.746864 |
| Camarilla | 0.393376 | 0.411086 | 0.428796 | 0.446506 | 0.464216 | 0.481926 | 0.499636 |
| Woodie | 0.156705 | 0.269140 | 0.349906 | 0.462341 | 0.543107 | 0.655542 | 0.736308 |
| Fibonacci | 0.274419 | 0.348221 | 0.393817 | 0.467620 | 0.541422 | 0.587018 | 0.660821 |
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): | 69.34 | |
| MACD (12,26,9): | 0.0184 | |
| Directional Movement: | 26.892313 | |
| AROON (14): | 64.285715 | |
| DEMA (21): | 0.658457 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.599573 | |
| Elder Ray (13): | 0.020097 | |
| Super Trend (3,10): | 0.619700 | |
| Zig ZAG (10): | 0.664071 | |
| VORTEX (21): | 1.1891 | |
| Stochastique (14,3,5): | 82.59 | |
| TEMA (21): | 0.663307 | |
| Williams %R (14): | -17.96 | |
| Chande Momentum Oscillator (20): | 0.042030 | |
| Repulse (5,40,3): | 0.4943 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3629 | |
| Courbe Coppock: | 14.08 |
| MA7: | 0.563793 | |
| MA20: | 0.496612 | |
| MA50: | 0.467413 | |
| MA100: | 0.416797 | |
| MAexp7: | 0.655668 | |
| MAexp20: | 0.632153 | |
| MAexp50: | 0.605746 | |
| MAexp100: | 0.578305 | |
| Price / MA7: | +18.76% | |
| Price / MA20: | +34.83% | |
| Price / MA50: | +43.25% | |
| Price / MA100: | +60.65% | |
| Price / MAexp7: | +2.12% | |
| Price / MAexp20: | +5.92% | |
| Price / MAexp50: | +10.54% | |
| Price / MAexp100: | +15.78% |
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.
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