FRONTIER - FRONT/USDT - 1H - Technical analysis published on 05/13/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 1.29 USDT
My targets
1.20 USDT (-4.70%)
1.08 USDT (-14.68%)
My analysis
FRONTIER - FRONT/USDT 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 1.29 USDT. The next support located at 1.20 USDT 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 1.08 USDT. Below this support, sellers could then target 0.83 USDT. 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
8.2
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FRONTIER - FRONT/USDT price is 1.26 USDT. On the day, this instrument lost -8.03% with the lowest point at 1.24 USDT and the highest point at 1.40 USDT. The deviation from the price is +1.61% for the low point and -10.00% for the high point.1.24
1.40
1.26
Here is a more detailed summary of the historical variations registered by FRONTIER - FRONT/USDT:
Technical
Technical analysis of this 1H chart of FRONTIER - FRONT/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.83 | 1.08 | 1.20 | 1.26 | 1.29 | 1.40 | 1.61 |
| Change (%) | -34.18% | -14.68% | -4.70% | - | +2.48% | +11.16% | +27.63% |
| Change | -0.43 | -0.19 | -0.06 | - | +0.03 | +0.14 | +0.35 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.01 | 1.18 | 1.27 | 1.44 | 1.53 | 1.70 | 1.79 |
| Camarilla | 1.30 | 1.32 | 1.35 | 1.37 | 1.39 | 1.42 | 1.44 |
| Woodie | 0.98 | 1.16 | 1.24 | 1.42 | 1.50 | 1.68 | 1.76 |
| Fibonacci | 1.18 | 1.28 | 1.34 | 1.44 | 1.54 | 1.60 | 1.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.26 | 0.28 | 0.81 | 1.35 | 1.88 | 2.42 | 2.95 |
| Camarilla | 1.06 | 1.15 | 1.25 | 1.35 | 1.45 | 1.55 | 1.64 |
| Woodie | -0.26 | 0.28 | 0.82 | 1.35 | 1.89 | 2.42 | 2.96 |
| Fibonacci | 0.28 | 0.69 | 0.94 | 1.35 | 1.76 | 2.01 | 2.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.12 | 0.24 | 0.58 | 0.94 | 1.28 | 1.64 | 1.98 |
| Camarilla | 0.74 | 0.80 | 0.87 | 0.93 | 0.99 | 1.06 | 1.12 |
| Woodie | -0.12 | 0.24 | 0.58 | 0.94 | 1.28 | 1.64 | 1.98 |
| Fibonacci | 0.24 | 0.50 | 0.67 | 0.94 | 1.20 | 1.37 | 1.64 |
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): | 35.05 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -4.20 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 1.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.38 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 1.37 | |
| Zig ZAG (10): | 1.25 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 6.43 | |
| TEMA (21): | 1.28 | |
| Williams %R (14): | -90.95 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -2.7400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1900 | |
| Courbe Coppock: | 4.29 |
| MA7: | 1.43 | |
| MA20: | 1.10 | |
| MA50: | 1.07 | |
| MA100: | 0.95 | |
| MAexp7: | 1.29 | |
| MAexp20: | 1.32 | |
| MAexp50: | 1.36 | |
| MAexp100: | 1.39 | |
| Price / MA7: | -11.89% | |
| Price / MA20: | +14.55% | |
| Price / MA50: | +17.76% | |
| Price / MA100: | +32.63% | |
| Price / MAexp7: | -2.33% | |
| Price / MAexp20: | -4.55% | |
| Price / MAexp50: | -7.35% | |
| Price / MAexp100: | -9.35% |
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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