FILECOIN - FIL/USDT - Weekly - Technical analysis published on 12/06/2022 (GMT)
- 145
- 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:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 5.91 USDT
My targets
3.48 USDT (-24.08%)
2.53 USDT (-44.69%)
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 5.91 USDT. The sellers' bearish objective is set at 3.48 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2.53 USDT. In case of crossing, the next objective would be the support located at 1.05 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
6.4
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 rating is 4.58 USDT. Over 5 days, this instrument gained +3.64% with the lowest point at 4.36 USDT and the highest point at 4.70 USDT. The deviation from the price is +5.14% for the low point and -2.47% for the high point.4.36
4.70
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
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 this Weekly chart of FILECOIN - FIL/USDT indicates that the overall trend is strongly bearish. 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. 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
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 4.58 | 25.55 | 60.80 | 113.65 |
| Change (%) | - | +457.86% | +1,227.51% | +2,381.44% |
| Change | - | +20.97 | +56.22 | +109.07 |
| Level | - | Minor | Minor | Minor |
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 | 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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 35.09 | |
| MACD (12,26,9): | -2.6000 | |
| Directional Movement: | -6.13 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 2.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.23 | |
| Elder Ray (13): | -0.64 | |
| Super Trend (3,10): | 8.10 | |
| Zig ZAG (10): | 4.56 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 14.34 | |
| TEMA (21): | 4.99 | |
| Williams %R (14): | -81.73 | |
| Chande Momentum Oscillator (20): | -0.70 | |
| Repulse (5,40,3): | -4.6900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -4.1200 | |
| Courbe Coppock: | 54.97 |
| MA7: | 4.50 | |
| MA20: | 4.38 | |
| MA50: | 4.80 | |
| MA100: | 5.23 | |
| MAexp7: | 4.69 | |
| MAexp20: | 6.21 | |
| MAexp50: | 15.45 | |
| MAexp100: | 24.62 | |
| Price / MA7: | +1.78% | |
| Price / MA20: | +4.57% | |
| Price / MA50: | -4.58% | |
| Price / MA100: | -12.43% | |
| Price / MAexp7: | -2.35% | |
| Price / MAexp20: | -26.25% | |
| Price / MAexp50: | -70.36% | |
| Price / MAexp100: | -81.40% |
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