FILECOIN - FIL/USDT - 1H - Technical analysis published on 01/10/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
11%
50%
39%
My opinion
Bullish above 3.52 USDT
My targets
3.75 USDT (+1.35%)
3.91 USDT (+5.68%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 3.52 USDT remains possible. It is advisable to trade FILECOIN - FIL/USDT with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 3.52 USDT. The next bullish objective for buyers is set at 3.75 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.91 USDT. If there is any crossing, the next objective would be the resistance located at 5.50 USDT. PS: if there is a bearish break in the support located at 3.52 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.3
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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 3.70 USDT. The price is lower by -1.86% since the last closing and was traded between 3.66 USDT and 3.86 USDT over the period. The price is currently at +1.09% from its lowest and -4.15% from its highest.3.66
3.86
3.70
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FILECOIN - FIL/USDT:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FILECOIN - FIL/USDT in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.21 | 3.36 | 3.48 | 3.70 | 3.75 | 3.91 | 5.50 |
| Change (%) | -13.24% | -9.19% | -5.95% | - | +1.35% | +5.68% | +48.65% |
| Change | -0.49 | -0.34 | -0.22 | - | +0.05 | +0.21 | +1.80 |
| Level | Major | Minor | Minor | - | Minor | Intermediate | Intermediate |
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 | 3.01 | 3.22 | 3.50 | 3.71 | 3.99 | 4.20 | 4.48 |
| Camarilla | 3.64 | 3.68 | 3.73 | 3.77 | 3.82 | 3.86 | 3.91 |
| Woodie | 3.04 | 3.24 | 3.53 | 3.73 | 4.02 | 4.22 | 4.51 |
| Fibonacci | 3.22 | 3.41 | 3.53 | 3.71 | 3.90 | 4.02 | 4.20 |
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 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): | 49.76 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.36 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 3.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.88 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 3.62 | |
| Zig ZAG (10): | 3.72 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 22.05 | |
| TEMA (21): | 3.72 | |
| Williams %R (14): | -73.68 | |
| Chande Momentum Oscillator (20): | -0.11 | |
| Repulse (5,40,3): | -0.7100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1200 | |
| Courbe Coppock: | 4.25 |
| MA7: | 3.46 | |
| MA20: | 3.17 | |
| MA50: | 3.73 | |
| MA100: | 4.40 | |
| MAexp7: | 3.72 | |
| MAexp20: | 3.74 | |
| MAexp50: | 3.65 | |
| MAexp100: | 3.53 | |
| Price / MA7: | +6.94% | |
| Price / MA20: | +16.72% | |
| Price / MA50: | -0.80% | |
| Price / MA100: | -15.91% | |
| Price / MAexp7: | -0.54% | |
| Price / MAexp20: | -1.07% | |
| Price / MAexp50: | +1.37% | |
| Price / MAexp100: | +4.82% |
Quotes :
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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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