FILECOIN - FIL/USDT - Daily - Technical analysis published on 12/06/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 5.25 USDT
My targets
4.15 USDT (-9.39%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on FILECOIN - FIL/USDT. As long as you are under the resistance located at 5.25 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.15 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. If the resistance 5.25 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.2
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FILECOIN - FIL/USDT rating is 4.58 USDT. The price has increased by +2.00% since the last closing with the lowest point at 4.50 USDT and the highest point at 4.62 USDT. The deviation from the price is +1.78% for the low point and -0.87% for the high point.4.50
4.62
4.58
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of FILECOIN - FIL/USDT indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.15 | 4.58 | 5.25 | 6.15 | 7.22 |
| Change (%) | -9.39% | - | +14.63% | +34.28% | +57.64% |
| Change | -0.43 | - | +0.67 | +1.57 | +2.64 |
| Level | Major | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.27 | 4.36 | 4.43 | 4.52 | 4.59 | 4.68 | 4.75 |
| Camarilla | 4.45 | 4.46 | 4.48 | 4.49 | 4.51 | 4.52 | 4.53 |
| Woodie | 4.25 | 4.36 | 4.41 | 4.52 | 4.57 | 4.68 | 4.73 |
| Fibonacci | 4.36 | 4.42 | 4.46 | 4.52 | 4.58 | 4.62 | 4.68 |
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): | 51.27 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | 2.36 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 4.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.81 | |
| Elder Ray (13): | 0.10 | |
| Super Trend (3,10): | 5.03 | |
| Zig ZAG (10): | 4.58 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 75.22 | |
| TEMA (21): | 4.47 | |
| Williams %R (14): | -21.25 | |
| Chande Momentum Oscillator (20): | 0.19 | |
| Repulse (5,40,3): | 0.7300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4300 | |
| Courbe Coppock: | 9.00 |
| MA7: | 4.50 | |
| MA20: | 4.38 | |
| MA50: | 4.80 | |
| MA100: | 5.23 | |
| MAexp7: | 4.50 | |
| MAexp20: | 4.49 | |
| MAexp50: | 4.76 | |
| MAexp100: | 5.46 | |
| Price / MA7: | +1.78% | |
| Price / MA20: | +4.57% | |
| Price / MA50: | -4.58% | |
| Price / MA100: | -12.43% | |
| Price / MAexp7: | +1.78% | |
| Price / MAexp20: | +2.00% | |
| Price / MAexp50: | -3.78% | |
| Price / MAexp100: | -16.12% |
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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