Londinia Opportunities Analyses - 05/21/2022 (GMT) FANTOM - FTM/USDT - 1H

FANTOM - FTM/USDT
- USDT (-)
- Real time data - Cryptocompare
Type: Cryptocurrencies
Ticker: FTMUSDT
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • Cryptocurrencies
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.361614 USDT
My targets
0.400700 USDT (+5.53%)
0.433700 USDT (+14.22%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FANTOM - FTM/USDT as long as the price remains well above 0.361614 USDT. The buyers' bullish objective is set at 0.400700 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.433700 USDT. If there is any crossing, the next objective would be the resistance located at 0.916500 USDT. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The FANTOM - FTM/USDT price is 0.379700 USDT. On the day, this instrument gained +7.99% and was between 0.348500 USDT and 0.380200 USDT. This implies that the price is at +8.95% from its lowest and at -0.13% from its highest.

0.348500
0.380200
0.379700

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of FANTOM - FTM/USDT in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.333150 0.347100 0.361614 0.379700 0.400700 0.433700 0.916500
Change (%) -12.26% -8.59% -4.76% - +5.53% +14.22% +141.37%
Change -0.046550 -0.032600 -0.018086 - +0.021000 +0.054000 +0.536800
Level Major Minor Major - Minor Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2893330.3058670.3287330.3452670.3681330.3846670.407533
Camarilla0.3407650.3443770.3479880.3516000.3552120.3588230.362435
Woodie0.2925000.3074500.3319000.3468500.3713000.3862500.410700
Fibonacci0.3058670.3209180.3302160.3452670.3603180.3696160.384667


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.292733-0.0265670.1749670.4411330.6426670.9088331.110367
Camarilla0.2478830.2907550.3336280.3765000.4193730.4622450.505118
Woodie-0.325050-0.0427250.1426500.4249750.6103500.8926751.078050
Fibonacci-0.0265670.1520950.2624720.4411330.6197950.7301720.908833


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.689867-0.0176330.3335331.0057671.3569332.0291672.380333
Camarilla0.4032650.4970770.5908880.6847000.7785120.8723230.966135
Woodie-0.850400-0.0979000.1730000.9255001.1964001.9489002.219800
Fibonacci-0.0176330.3733060.6148281.0057671.3967061.6382282.029167

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): 59.21
MACD (12,26,9): 0.0057
Directional Movement: 11.395109
AROON (14): 28.571429
DEMA (21): 0.367988
Parabolic SAR (0,02-0,02-0,2): 0.375735
Elder Ray (13): 0.005492
Super Trend (3,10): 0.341660
Zig ZAG (10): 0.368900
VORTEX (21): 1.2052
Stochastique (14,3,5): 71.57
TEMA (21): 0.369912
Williams %R (14): -24.37
Chande Momentum Oscillator (20): 0.012600
Repulse (5,40,3): 1.2268
ROCnROLL: 1
TRIX (15,9): 0.2400
Courbe Coppock: 8.42
MA7: 0.354100
MA20: 0.503525
MA50: 0.899276
MA100: 1.216478
MAexp7: 0.366185
MAexp20: 0.360420
MAexp50: 0.352128
MAexp100: 0.348601
Price / MA7: +7.23%
Price / MA20: -24.59%
Price / MA50: -57.78%
Price / MA100: -68.79%
Price / MAexp7: +3.69%
Price / MAexp20: +5.35%
Price / MAexp50: +7.83%
Price / MAexp100: +8.92%

Quotes : - Real time data - Cryptocompare