Londinia Opportunities Analyses - 05/21/2022 (GMT) FANTOM (X1000) - FTM/ETH - 1H
| Type: | Cryptocurrencies |
| Ticker: | FTMETH |
| 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%
17%
11%
My opinion
Bullish above 0.187700 ETH
My targets
0.196233 ETH (+3.06%)
0.205400 ETH (+7.88%)
My analysis
The bullish trend is currently very strong on FANTOM (X1000) - FTM/ETH. As long as the price remains above the support at 0.187700 ETH, you could try to benefit from the boom. The first bullish objective is located at 0.196233 ETH. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.205400 ETH as an objective. Crossing it would then enable buyers to target 0.274500 ETH. 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
7.9
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
FANTOM (X1000) - FTM/ETH rating 0.190400 ETH. The price registered an increase of +6.07% on the session and was between 0.177800 ETH and 0.193200 ETH. This implies that the price is at +7.09% from its lowest and at -1.45% from its highest.0.177800
0.193200
0.190400
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of FANTOM (X1000) - FTM/ETH indicates that the overall trend is strongly bullish. 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, 13 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.166768 | 0.176185 | 0.187700 | 0.190400 | 0.205400 | 0.274500 | 0.401600 |
| Change (%) | -12.41% | -7.47% | -1.42% | - | +7.88% | +44.17% | +110.92% |
| Change | -0.023632 | -0.014215 | -0.002700 | - | +0.015000 | +0.084100 | +0.211200 |
| Level | Major | Intermediate | Major | - | Minor | Minor | Intermediate |
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 | 0.153633 | 0.160167 | 0.169833 | 0.176367 | 0.186033 | 0.192567 | 0.202233 |
| Camarilla | 0.175045 | 0.176530 | 0.178015 | 0.179500 | 0.180985 | 0.182470 | 0.183955 |
| Woodie | 0.155200 | 0.160950 | 0.171400 | 0.177150 | 0.187600 | 0.193350 | 0.203800 |
| Fibonacci | 0.160167 | 0.166355 | 0.170178 | 0.176367 | 0.182555 | 0.186378 | 0.192567 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.027733 | 0.051233 | 0.117267 | 0.196233 | 0.262267 | 0.341233 | 0.407267 |
| Camarilla | 0.143425 | 0.156717 | 0.170008 | 0.183300 | 0.196592 | 0.209883 | 0.223175 |
| Woodie | -0.034200 | 0.048000 | 0.110800 | 0.193000 | 0.255800 | 0.338000 | 0.400800 |
| Fibonacci | 0.051233 | 0.106623 | 0.140843 | 0.196233 | 0.251623 | 0.285843 | 0.341233 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.074833 | 0.082733 | 0.167167 | 0.324733 | 0.409167 | 0.566733 | 0.651167 |
| Camarilla | 0.185050 | 0.207233 | 0.229417 | 0.251600 | 0.273783 | 0.295967 | 0.318150 |
| Woodie | -0.111400 | 0.064450 | 0.130600 | 0.306450 | 0.372600 | 0.548450 | 0.614600 |
| Fibonacci | 0.082733 | 0.175177 | 0.232289 | 0.324733 | 0.417177 | 0.474289 | 0.566733 |
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): | 62.01 | |
| MACD (12,26,9): | 0.0036 | |
| Directional Movement: | 18.623654 | |
| AROON (14): | 85.714286 | |
| DEMA (21): | 0.188991 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.181963 | |
| Elder Ray (13): | 0.003141 | |
| Super Trend (3,10): | 0.177287 | |
| Zig ZAG (10): | 0.189200 | |
| VORTEX (21): | 1.1744 | |
| Stochastique (14,3,5): | 70.39 | |
| TEMA (21): | 0.189702 | |
| Williams %R (14): | -39.20 | |
| Chande Momentum Oscillator (20): | -0.002100 | |
| Repulse (5,40,3): | -0.7613 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2976 | |
| Courbe Coppock: | 5.29 |
| MA7: | 0.175500 | |
| MA20: | 0.212290 | |
| MA50: | 0.310336 | |
| MA100: | 0.424300 | |
| MAexp7: | 0.187641 | |
| MAexp20: | 0.184179 | |
| MAexp50: | 0.178686 | |
| MAexp100: | 0.175005 | |
| Price / MA7: | +8.49% | |
| Price / MA20: | -10.31% | |
| Price / MA50: | -38.65% | |
| Price / MA100: | -55.13% | |
| Price / MAexp7: | +1.47% | |
| Price / MAexp20: | +3.38% | |
| Price / MAexp50: | +6.56% | |
| Price / MAexp100: | +8.80% |
Quotes :
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Real time data
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Cryptocompare