FILECOIN - FIL/USDT - 1H - Technical analysis published on 01/12/2023 (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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 3.68 USDT
My targets
3.93 USDT (+3.42%)
4.01 USDT (+5.61%)
My analysis
FILECOIN - FIL/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 3.68 USDT. The next resistance located at 3.93 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.01 USDT. After this resistance, buyers could then target 5.50 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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This analysis was given by leron. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FILECOIN - FIL/USDT rating 3.80 USDT. The price registered an increase of +1.88% on the session and was between 3.62 USDT and 3.83 USDT. This implies that the price is at +4.97% from its lowest and at -0.78% from its highest.3.62
3.83
3.80
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
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
A technical analysis in 1H of this FILECOIN - FIL/USDT chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish 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.
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 : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.54 | 3.68 | 3.79 | 3.80 | 3.93 | 5.50 | 6.55 |
| Change (%) | -6.84% | -3.16% | -0.26% | - | +3.42% | +44.74% | +72.37% |
| Change | -0.26 | -0.12 | -0.01 | - | +0.13 | +1.70 | +2.75 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
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 | 3.35 | 3.44 | 3.59 | 3.68 | 3.83 | 3.92 | 4.07 |
| Camarilla | 3.66 | 3.69 | 3.71 | 3.73 | 3.75 | 3.77 | 3.80 |
| Woodie | 3.37 | 3.46 | 3.61 | 3.70 | 3.85 | 3.94 | 4.09 |
| Fibonacci | 3.44 | 3.54 | 3.59 | 3.68 | 3.78 | 3.83 | 3.92 |
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): | 57.84 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 5.44 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 3.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.63 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 3.66 | |
| Zig ZAG (10): | 3.80 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 88.73 | |
| TEMA (21): | 3.78 | |
| Williams %R (14): | -16.04 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 1.5300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0700 | |
| Courbe Coppock: | 0.34 |
| MA7: | 3.59 | |
| MA20: | 3.25 | |
| MA50: | 3.71 | |
| MA100: | 4.36 | |
| MAexp7: | 3.77 | |
| MAexp20: | 3.74 | |
| MAexp50: | 3.72 | |
| MAexp100: | 3.65 | |
| Price / MA7: | +5.85% | |
| Price / MA20: | +16.92% | |
| Price / MA50: | +2.43% | |
| Price / MA100: | -12.84% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | +1.60% | |
| Price / MAexp50: | +2.15% | |
| Price / MAexp100: | +4.11% |
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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