Londinia Opportunities Analyses - 06/18/2021 (GMT) FORTKNOXSTER (X1000) - FKX/ETH - 1H
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 0.018157 ETH
My targets
0.014653 ETH (-14.91%)
0.013300 ETH (-22.76%)
My analysis
FORTKNOXSTER (X1000) - FKX/ETH 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 0.018157 ETH. The next support located at 0.014653 ETH 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 0.013300 ETH. Below this support, sellers could then target 0.007322 ETH. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.3
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Additional analysis
Quotes
FORTKNOXSTER (X1000) - FKX/ETH rating 0.017220 ETH. On the day, this instrument lost -3.15% and was traded between 0.017180 ETH and 0.018150 ETH over the period. The price is currently at +0.23% from its lowest and -5.12% from its highest.0.017180
0.018150
0.017220
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FORTKNOXSTER (X1000) - FKX/ETH chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bearish. 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 : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.003301 | 0.007322 | 0.013300 | 0.017220 | 0.018270 | 0.020850 | 0.022170 |
| Change (%) | -80.83% | -57.48% | -22.76% | - | +6.10% | +21.08% | +28.75% |
| Change | -0.013919 | -0.009898 | -0.003920 | - | +0.001050 | +0.003630 | +0.004950 |
| Level | Minor | Minor | Minor | - | Major | 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 | 0.014610 | 0.016180 | 0.016980 | 0.018550 | 0.019350 | 0.020920 | 0.021720 |
| Camarilla | 0.017128 | 0.017346 | 0.017563 | 0.017780 | 0.017997 | 0.018215 | 0.018432 |
| Woodie | 0.014225 | 0.015988 | 0.016595 | 0.018358 | 0.018965 | 0.020728 | 0.021335 |
| Fibonacci | 0.016180 | 0.017085 | 0.017645 | 0.018550 | 0.019455 | 0.020015 | 0.020920 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.012197 | 0.014653 | 0.018157 | 0.020613 | 0.024117 | 0.026573 | 0.030077 |
| Camarilla | 0.020021 | 0.020567 | 0.021114 | 0.021660 | 0.022206 | 0.022753 | 0.023299 |
| Woodie | 0.012720 | 0.014915 | 0.018680 | 0.020875 | 0.024640 | 0.026835 | 0.030600 |
| Fibonacci | 0.014653 | 0.016930 | 0.018337 | 0.020613 | 0.022890 | 0.024297 | 0.026573 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.031153 | -0.009077 | 0.005837 | 0.027913 | 0.042827 | 0.064903 | 0.079817 |
| Camarilla | 0.010578 | 0.013969 | 0.017359 | 0.020750 | 0.024141 | 0.027532 | 0.030922 |
| Woodie | -0.034735 | -0.010868 | 0.002255 | 0.026123 | 0.039245 | 0.063113 | 0.076235 |
| Fibonacci | -0.009077 | 0.005054 | 0.013783 | 0.027913 | 0.042044 | 0.050773 | 0.064903 |
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): | 35.40 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -15.434988 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.017244 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.018020 | |
| Elder Ray (13): | -0.000244 | |
| Super Trend (3,10): | 0.017997 | |
| Zig ZAG (10): | 0.017350 | |
| VORTEX (21): | 0.8210 | |
| Stochastique (14,3,5): | 10.06 | |
| TEMA (21): | 0.017322 | |
| Williams %R (14): | -83.33 | |
| Chande Momentum Oscillator (20): | -0.000100 | |
| Repulse (5,40,3): | -0.7391 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3088 | |
| Courbe Coppock: | 3.03 |
| MA7: | 0.020277 | |
| MA20: | 0.021153 | |
| MA50: | 0.022419 | |
| MA100: | 0.017995 | |
| MAexp7: | 0.017459 | |
| MAexp20: | 0.017765 | |
| MAexp50: | 0.018608 | |
| MAexp100: | 0.019561 | |
| Price / MA7: | -15.08% | |
| Price / MA20: | -18.59% | |
| Price / MA50: | -23.19% | |
| Price / MA100: | -4.31% | |
| Price / MAexp7: | -1.37% | |
| Price / MAexp20: | -3.07% | |
| Price / MAexp50: | -7.46% | |
| Price / MAexp100: | -11.97% |
Quotes :
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Real time data
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Cryptocompare