FILECOIN - FIL/USDT - Daily - Technical analysis published on 03/12/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 19.68 USDT
My targets
16.90 USDT (-6.47%)
12.10 USDT (-33.04%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FILECOIN - FIL/USDT as long as the price remains well below 19.68 USDT. The sellers' bearish objective is set at 16.90 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 12.10 USDT. In case of crossing, the next objective would be the support located at 4.74 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7
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Additional analysis
Quotes
FILECOIN - FIL/USDT rating 18.07 USDT. The price registered an increase of +3.97% on the session and was traded between 17.36 USDT and 18.44 USDT over the period. The price is currently at +4.09% from its lowest and -2.01% from its highest.17.36
18.44
18.07
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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
Technical analysis of FILECOIN - FIL/USDT in Daily shows a overall strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.74 | 18.07 | 19.68 | 41.23 | 55.30 |
| Change (%) | -73.77% | - | +8.91% | +128.17% | +206.03% |
| Change | -13.33 | - | +1.61 | +23.16 | +37.23 |
| Level | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.18 | 16.69 | 17.03 | 17.54 | 17.88 | 18.39 | 18.73 |
| Camarilla | 17.15 | 17.22 | 17.30 | 17.38 | 17.46 | 17.54 | 17.61 |
| Woodie | 16.11 | 16.65 | 16.96 | 17.50 | 17.81 | 18.35 | 18.66 |
| Fibonacci | 16.69 | 17.01 | 17.21 | 17.54 | 17.86 | 18.06 | 18.39 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.49 | |
| MACD (12,26,9): | -0.9500 | |
| Directional Movement: | -6.16 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 17.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 21.72 | |
| Elder Ray (13): | -0.77 | |
| Super Trend (3,10): | 21.73 | |
| Zig ZAG (10): | 18.04 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 12.29 | |
| TEMA (21): | 18.04 | |
| Williams %R (14): | -82.64 | |
| Chande Momentum Oscillator (20): | -3.68 | |
| Repulse (5,40,3): | -1.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.5800 | |
| Courbe Coppock: | 13.46 |
| MA7: | 18.05 | |
| MA20: | 19.04 | |
| MA50: | 20.21 | |
| MA100: | 27.45 | |
| MAexp7: | 18.19 | |
| MAexp20: | 19.14 | |
| MAexp50: | 21.96 | |
| MAexp100: | 28.81 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | -5.09% | |
| Price / MA50: | -10.59% | |
| Price / MA100: | -34.17% | |
| Price / MAexp7: | -0.66% | |
| Price / MAexp20: | -5.59% | |
| Price / MAexp50: | -17.71% | |
| Price / MAexp100: | -37.28% |
Quotes :
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Real time data
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Cryptocompare
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