FILECOIN - FIL/USDT - Weekly - Technical analysis published on 12/05/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 5.91 USDT
My targets
3.48 USDT (-22.73%)
2.53 USDT (-43.71%)
My analysis
The bearish trend is currently very strong for FILECOIN - FIL/USDT. As long as the price remains below the resistance at 5.91 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 3.48 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.53 USDT as an objective. Crossing it would then enable sellers to target 1.05 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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Additional analysis
Quotes
The FILECOIN - FIL/USDT price is 4.50 USDT. Over 5 days, this instrument gained +3.43% and was traded between 4.35 USDT and 4.70 USDT over the period. The price is currently at +3.45% from its lowest point and -4.17% from its highest point.4.35
4.70
4.50
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FILECOIN - FIL/USDT:
Technical
Technical analysis of FILECOIN - FIL/USDT in Weekly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 6 are neutral and 7 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 4.50 | 25.55 | 60.80 | 113.65 |
| Change (%) | - | +467.78% | +1,251.11% | +2,425.56% |
| Change | - | +21.05 | +56.30 | +109.15 |
| Level | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 4.30 | 4.36 | 4.47 | 4.53 | 4.64 | 4.70 | 4.81 |
| Camarilla | 4.53 | 4.55 | 4.56 | 4.58 | 4.60 | 4.61 | 4.63 |
| Woodie | 4.33 | 4.37 | 4.50 | 4.54 | 4.67 | 4.71 | 4.84 |
| Fibonacci | 4.36 | 4.43 | 4.47 | 4.53 | 4.60 | 4.64 | 4.70 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.58 | 3.86 | 4.14 | 4.42 | 4.70 | 4.98 | 5.26 |
| Camarilla | 4.27 | 4.32 | 4.37 | 4.42 | 4.47 | 4.52 | 4.57 |
| Woodie | 3.58 | 3.86 | 4.14 | 4.42 | 4.70 | 4.98 | 5.26 |
| Fibonacci | 3.86 | 4.07 | 4.21 | 4.42 | 4.63 | 4.77 | 4.98 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.05 | 2.53 | 3.48 | 4.96 | 5.91 | 7.39 | 8.34 |
| Camarilla | 3.75 | 3.98 | 4.20 | 4.42 | 4.64 | 4.87 | 5.09 |
| Woodie | 0.78 | 2.40 | 3.21 | 4.83 | 5.64 | 7.26 | 8.07 |
| Fibonacci | 2.53 | 3.46 | 4.04 | 4.96 | 5.89 | 6.47 | 7.39 |
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): | 34.73 | |
| MACD (12,26,9): | -2.6000 | |
| Directional Movement: | -6.13 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 2.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.23 | |
| Elder Ray (13): | -0.63 | |
| Super Trend (3,10): | 8.10 | |
| Zig ZAG (10): | 4.50 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 13.67 | |
| TEMA (21): | 4.98 | |
| Williams %R (14): | -83.73 | |
| Chande Momentum Oscillator (20): | -0.76 | |
| Repulse (5,40,3): | -6.9800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -4.1300 | |
| Courbe Coppock: | 55.34 |
| MA7: | 4.47 | |
| MA20: | 4.37 | |
| MA50: | 4.81 | |
| MA100: | 5.25 | |
| MAexp7: | 4.67 | |
| MAexp20: | 6.20 | |
| MAexp50: | 15.44 | |
| MAexp100: | 24.62 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | +2.97% | |
| Price / MA50: | -6.44% | |
| Price / MA100: | -14.29% | |
| Price / MAexp7: | -3.64% | |
| Price / MAexp20: | -27.42% | |
| Price / MAexp50: | -70.85% | |
| Price / MAexp100: | -81.72% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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