FILECOIN - FIL/USDT - Daily - Technical analysis published on 01/09/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 4.29 USDT
My targets
3.42 USDT (-2.29%)
2.81 USDT (-19.71%)
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 4.29 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 3.42 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2.81 USDT as an objective. If the resistance 4.29 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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.4
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This analysis was given by leron. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FILECOIN - FIL/USDT price is 3.50 USDT. The price registered an increase of +1.74% on the session with the lowest point at 3.44 USDT and the highest point at 3.52 USDT. The deviation from the price is +1.74% for the low point and -0.57% for the high point.3.44
3.52
3.50
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FILECOIN - FIL/USDT in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.81 | 3.50 | 5.50 | 6.55 | 8.06 |
| Change (%) | -19.71% | - | +57.14% | +87.14% | +130.29% |
| Change | -0.69 | - | +2.00 | +3.05 | +4.56 |
| Level | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.17 | 3.23 | 3.33 | 3.39 | 3.49 | 3.55 | 3.65 |
| Camarilla | 3.40 | 3.41 | 3.43 | 3.44 | 3.46 | 3.47 | 3.48 |
| Woodie | 3.20 | 3.24 | 3.36 | 3.40 | 3.52 | 3.56 | 3.68 |
| Fibonacci | 3.23 | 3.29 | 3.33 | 3.39 | 3.45 | 3.49 | 3.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.54 | 2.77 | 3.03 | 3.26 | 3.52 | 3.75 | 4.01 |
| Camarilla | 3.17 | 3.21 | 3.26 | 3.30 | 3.35 | 3.39 | 3.44 |
| Woodie | 2.57 | 2.78 | 3.06 | 3.27 | 3.55 | 3.76 | 4.04 |
| Fibonacci | 2.77 | 2.95 | 3.07 | 3.26 | 3.44 | 3.56 | 3.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.01 | 1.27 | 2.14 | 3.42 | 4.29 | 5.57 | 6.44 |
| Camarilla | 2.42 | 2.62 | 2.81 | 3.01 | 3.21 | 3.40 | 3.60 |
| Woodie | -0.22 | 1.17 | 1.94 | 3.32 | 4.09 | 5.47 | 6.24 |
| Fibonacci | 1.27 | 2.09 | 2.60 | 3.42 | 4.24 | 4.75 | 5.57 |
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): | 53.48 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | 5.33 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 3.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.64 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 3.54 | |
| Zig ZAG (10): | 3.46 | |
| VORTEX (21): | 1.2300 | |
| Stochastique (14,3,5): | 85.45 | |
| TEMA (21): | 3.29 | |
| Williams %R (14): | -7.02 | |
| Chande Momentum Oscillator (20): | 0.45 | |
| Repulse (5,40,3): | 4.2600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7900 | |
| Courbe Coppock: | 22.99 |
| MA7: | 3.32 | |
| MA20: | 3.12 | |
| MA50: | 3.73 | |
| MA100: | 4.41 | |
| MAexp7: | 3.33 | |
| MAexp20: | 3.29 | |
| MAexp50: | 3.68 | |
| MAexp100: | 4.33 | |
| Price / MA7: | +5.42% | |
| Price / MA20: | +12.18% | |
| Price / MA50: | -6.17% | |
| Price / MA100: | -20.63% | |
| Price / MAexp7: | +5.11% | |
| Price / MAexp20: | +6.38% | |
| Price / MAexp50: | -4.89% | |
| Price / MAexp100: | -19.17% |
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.
About author
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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…
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