FILECOIN - FIL/USDT - Weekly - Technical analysis published on 10/15/2021 (GMT)
- 221
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 60.80 USDT
My targets
76.82 USDT (+12.85%)
113.65 USDT (+66.96%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 60.80 USDT remains possible. It is advisable to trade FILECOIN - FIL/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 60.80 USDT. The next bullish objective for buyers is set at 76.82 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 113.65 USDT. If there is any crossing, the next objective would be the resistance located at 190.87 USDT. PS: if there is a bearish break in the support located at 60.80 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7
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 Abu_norah. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FILECOIN - FIL/USDT rating 68.07 USDT. The price is lower by -11.54% over the 5 days and was traded between 62.42 USDT and 74.55 USDT over the period. The price is currently at +9.05% from its lowest point and -8.69% from its highest point.62.42
74.55
68.07
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of FILECOIN - FIL/USDT in Weekly shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Weekly
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 9.55 | 41.23 | 60.80 | 68.07 | 113.65 | 190.87 |
| Change (%) | -85.97% | -39.43% | -10.68% | - | +66.96% | +180.40% |
| Change | -58.52 | -26.84 | -7.27 | - | +45.58 | +122.80 |
| Level | Minor | Intermediate | Major | - | Intermediate | Major |
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 | 63.22 | 65.23 | 67.80 | 69.81 | 72.38 | 74.39 | 76.96 |
| Camarilla | 69.10 | 69.52 | 69.94 | 70.36 | 70.78 | 71.20 | 71.62 |
| Woodie | 63.49 | 65.37 | 68.07 | 69.95 | 72.65 | 74.53 | 77.23 |
| Fibonacci | 65.23 | 66.98 | 68.06 | 69.81 | 71.56 | 72.64 | 74.39 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 52.66 | 59.20 | 68.07 | 74.61 | 83.48 | 90.02 | 98.89 |
| Camarilla | 72.71 | 74.13 | 75.54 | 76.95 | 78.36 | 79.78 | 81.19 |
| Woodie | 53.84 | 59.78 | 69.25 | 75.19 | 84.66 | 90.60 | 100.07 |
| Fibonacci | 59.20 | 65.08 | 68.72 | 74.61 | 80.49 | 84.13 | 90.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -35.94 | 7.24 | 33.64 | 76.82 | 103.22 | 146.40 | 172.80 |
| Camarilla | 40.92 | 47.29 | 53.67 | 60.05 | 66.43 | 72.81 | 79.19 |
| Woodie | -44.32 | 3.05 | 25.26 | 72.63 | 94.84 | 142.21 | 164.42 |
| Fibonacci | 7.24 | 33.82 | 50.24 | 76.82 | 103.40 | 119.82 | 146.40 |
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): | 48.32 | |
| MACD (12,26,9): | -0.3100 | |
| Directional Movement: | 7.55 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 74.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 47.78 | |
| Elder Ray (13): | -3.51 | |
| Super Trend (3,10): | 117.17 | |
| Zig ZAG (10): | 68.01 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 39.34 | |
| TEMA (21): | 68.34 | |
| Williams %R (14): | -65.18 | |
| Chande Momentum Oscillator (20): | 18.38 | |
| Repulse (5,40,3): | -9.2100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0900 | |
| Courbe Coppock: | 52.83 |
| MA7: | 70.97 | |
| MA20: | 67.89 | |
| MA50: | 75.71 | |
| MA100: | 67.49 | |
| MAexp7: | 72.56 | |
| MAexp20: | 73.89 | |
| MAexp50: | 65.81 | |
| MAexp100: | 49.99 | |
| Price / MA7: | -4.09% | |
| Price / MA20: | +0.27% | |
| Price / MA50: | -10.09% | |
| Price / MA100: | +0.86% | |
| Price / MAexp7: | -6.19% | |
| Price / MAexp20: | -7.88% | |
| Price / MAexp50: | +3.43% | |
| Price / MAexp100: | +36.17% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis FILECOIN - FIL/USDT - Weekly