FILECOIN - FIL/USDT - Daily - Technical analysis published on 03/11/2022 (GMT)
- 219
- 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 : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 19.68 USDT
My targets
16.90 USDT (-4.36%)
12.10 USDT (-31.52%)
My analysis
FILECOIN - FIL/USDT 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 19.68 USDT. The next support located at 16.90 USDT 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 12.10 USDT. Below this support, sellers could then target 4.74 USDT. 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9
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 finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FILECOIN - FIL/USDT price is 17.67 USDT. On the day, this instrument lost -1.23% and was traded between 17.34 USDT and 17.89 USDT over the period. The price is currently at +1.90% from its lowest and -1.23% from its highest.17.34
17.89
17.67
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this FILECOIN - FIL/USDT chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong 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.
In fact, according to the parameters integrated into the Central Analyzer system, 12 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 : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Aroon indicator bearish trend
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.74 | 17.67 | 19.68 | 41.23 | 55.30 |
| Change (%) | -73.17% | - | +11.38% | +133.33% | +212.96% |
| Change | -12.93 | - | +2.01 | +23.56 | +37.63 |
| Level | 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 | 15.85 | 16.64 | 17.27 | 18.06 | 18.69 | 19.48 | 20.11 |
| Camarilla | 17.50 | 17.63 | 17.76 | 17.89 | 18.02 | 18.15 | 18.28 |
| Woodie | 15.76 | 16.60 | 17.18 | 18.02 | 18.60 | 19.44 | 20.02 |
| Fibonacci | 16.64 | 17.19 | 17.52 | 18.06 | 18.61 | 18.94 | 19.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 13.64 | 15.97 | 17.54 | 19.87 | 21.44 | 23.77 | 25.34 |
| Camarilla | 18.03 | 18.39 | 18.74 | 19.10 | 19.46 | 19.82 | 20.17 |
| Woodie | 13.25 | 15.78 | 17.15 | 19.68 | 21.05 | 23.58 | 24.95 |
| Fibonacci | 15.97 | 17.46 | 18.38 | 19.87 | 21.36 | 22.28 | 23.77 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.44 | 12.10 | 16.90 | 21.56 | 26.36 | 31.02 | 35.82 |
| Camarilla | 19.10 | 19.97 | 20.83 | 21.70 | 22.57 | 23.43 | 24.30 |
| Woodie | 7.51 | 12.14 | 16.97 | 21.60 | 26.43 | 31.06 | 35.89 |
| Fibonacci | 12.10 | 15.71 | 17.95 | 21.56 | 25.17 | 27.41 | 31.02 |
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): | 38.48 | |
| MACD (12,26,9): | -0.9500 | |
| Directional Movement: | -8.00 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 18.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.82 | |
| Elder Ray (13): | -1.21 | |
| Super Trend (3,10): | 21.64 | |
| Zig ZAG (10): | 17.67 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 21.01 | |
| TEMA (21): | 18.22 | |
| Williams %R (14): | -89.55 | |
| Chande Momentum Oscillator (20): | -2.69 | |
| Repulse (5,40,3): | -3.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5600 | |
| Courbe Coppock: | 11.15 |
| MA7: | 18.25 | |
| MA20: | 19.15 | |
| MA50: | 20.29 | |
| MA100: | 27.81 | |
| MAexp7: | 18.34 | |
| MAexp20: | 19.28 | |
| MAexp50: | 22.13 | |
| MAexp100: | 29.04 | |
| Price / MA7: | -3.18% | |
| Price / MA20: | -7.73% | |
| Price / MA50: | -12.91% | |
| Price / MA100: | -36.46% | |
| Price / MAexp7: | -3.65% | |
| Price / MAexp20: | -8.35% | |
| Price / MAexp50: | -20.15% | |
| Price / MAexp100: | -39.15% |
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 - Daily