FANTOM - FTM/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	FTMUSD
ISIN:

FANTOM - FTM/USD - Daily - Technical analysis published on 12/03/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

89%

11%

My opinion

Bullish above 0.219407 USD

My targets

0.288200 USD (+17.44%)

0.323333 USD (+31.76%)

My analysis

The strong short-term increase of FANTOM - FTM/USD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.219407 USD, a purchase could be considered. The first bullish objective is located at 0.288200 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.323333 USD. If there is any crossing, the next objective would be the resistance at 0.357800 USD. Caution, if there is a return under 0.219407 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

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

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

FANTOM - FTM/USD rating 0.245400 USD. The price is lower by -0.04% since the last closing and was traded between 0.240700 USD and 0.249400 USD over the period. The price is currently at +1.95% from its lowest and -1.60% from its highest.

0.240700

0.249400

0.245400

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

A technical analysis in Daily of this FANTOM - FTM/USD chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal support

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.170200	0.199100	0.219407	0.245400	0.288200	0.357800	0.409300
Change (%)	-30.64%	-18.87%	-10.59%	-	+17.44%	+45.80%	+66.79%
Change	-0.075200	-0.046300	-0.025993	-	+0.042800	+0.112400	+0.163900
Level	Minor	Intermediate	Major	-	Intermediate	Minor	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	0.224433	0.232367	0.238933	0.246867	0.253433	0.261367	0.267933
Camarilla	0.241513	0.242842	0.244171	0.245500	0.246829	0.248158	0.249488
Woodie	0.223750	0.232025	0.238250	0.246525	0.252750	0.261025	0.267250
Fibonacci	0.232367	0.237906	0.241328	0.246867	0.252406	0.255828	0.261367

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.134833	0.149567	0.167733	0.182467	0.200633	0.215367	0.233533
Camarilla	0.176853	0.179868	0.182884	0.185900	0.188916	0.191932	0.194948
Woodie	0.136550	0.150425	0.169450	0.183325	0.202350	0.216225	0.235250
Fibonacci	0.149567	0.162135	0.169899	0.182467	0.195035	0.202799	0.215367

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.006867	0.071467	0.158233	0.236567	0.323333	0.401667	0.488433
Camarilla	0.199598	0.214732	0.229866	0.245000	0.260134	0.275268	0.290403
Woodie	-0.002650	0.073575	0.162450	0.238675	0.327550	0.403775	0.492650
Fibonacci	0.071467	0.134535	0.173499	0.236567	0.299635	0.338599	0.401667

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):	64.89
MACD (12,26,9):	0.0090
Directional Movement:	19.551173
AROON (14):	64.285715
DEMA (21):	0.219068
Parabolic SAR (0,02-0,02-0,2):	0.175348
Elder Ray (13):	0.027121
Super Trend (3,10):	0.188398
Zig ZAG (10):	0.246300
VORTEX (21):	1.1785
Stochastique (14,3,5):	87.38
TEMA (21):	0.233036
Williams %R (14):	-14.89
Chande Momentum Oscillator (20):	0.077600
Repulse (5,40,3):	8.5336
ROCnROLL:	1
TRIX (15,9):	-0.1042
Courbe Coppock:	54.86

MA7:	0.228329
MA20:	0.197505
MA50:	0.210708
MA100:	0.225971
MAexp7:	0.231338
MAexp20:	0.211959
MAexp50:	0.213884
MAexp100:	0.248481
Price / MA7:	+7.48%
Price / MA20:	+24.25%
Price / MA50:	+16.46%
Price / MA100:	+8.60%
Price / MAexp7:	+6.08%
Price / MAexp20:	+15.78%
Price / MAexp50:	+14.74%
Price / MAexp100:	-1.24%

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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Londinia AI

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