FILECOIN - FIL/USDT - 1H - Technical analysis published on 02/17/2023 (GMT)
- 251
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- 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
89%
0%
11%
My opinion
Bullish above 6.70 USDT
My targets
7.46 USDT (+3.57%)
8.06 USDT (+11.94%)
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 6.70 USDT. The next resistance located at 7.46 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 8.06 USDT. After this resistance, buyers could then target 9.44 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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 MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FILECOIN - FIL/USDT price is 7.20 USDT. The price has increased by +33.09% since the last closing with the lowest point at 5.40 USDT and the highest point at 7.26 USDT. The deviation from the price is +33.33% for the low point and -0.83% for the high point.5.40
7.26
7.20
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FILECOIN - FIL/USDT:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FILECOIN - FIL/USDT chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI 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 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.81 | 5.99 | 6.55 | 7.20 | 8.06 | 9.44 | 60.80 |
| Change (%) | -19.31% | -16.81% | -9.03% | - | +11.94% | +31.11% | +744.44% |
| Change | -1.39 | -1.21 | -0.65 | - | +0.86 | +2.24 | +53.60 |
| Level | Intermediate | Intermediate | Intermediate | - | 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 | 4.55 | 4.96 | 5.18 | 5.59 | 5.81 | 6.22 | 6.44 |
| Camarilla | 5.24 | 5.30 | 5.35 | 5.41 | 5.47 | 5.53 | 5.58 |
| Woodie | 4.47 | 4.91 | 5.10 | 5.54 | 5.73 | 6.17 | 6.36 |
| Fibonacci | 4.96 | 5.20 | 5.35 | 5.59 | 5.83 | 5.98 | 6.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.55 | 4.10 | 4.60 | 5.15 | 5.65 | 6.20 | 6.70 |
| Camarilla | 4.81 | 4.91 | 5.00 | 5.10 | 5.20 | 5.29 | 5.39 |
| Woodie | 3.53 | 4.09 | 4.58 | 5.14 | 5.63 | 6.19 | 6.68 |
| Fibonacci | 4.10 | 4.50 | 4.75 | 5.15 | 5.55 | 5.80 | 6.20 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.76 | 1.88 | 3.55 | 4.67 | 6.34 | 7.46 | 9.13 |
| Camarilla | 4.46 | 4.72 | 4.97 | 5.23 | 5.49 | 5.74 | 6.00 |
| Woodie | 1.05 | 2.02 | 3.84 | 4.81 | 6.63 | 7.60 | 9.42 |
| Fibonacci | 1.88 | 2.94 | 3.60 | 4.67 | 5.73 | 6.39 | 7.46 |
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): | 79.67 | |
| MACD (12,26,9): | 0.3700 | |
| Directional Movement: | 32.93 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 6.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.20 | |
| Elder Ray (13): | 0.52 | |
| Super Trend (3,10): | 6.54 | |
| Zig ZAG (10): | 7.25 | |
| VORTEX (21): | 1.2800 | |
| Stochastique (14,3,5): | 94.24 | |
| TEMA (21): | 7.09 | |
| Williams %R (14): | -2.13 | |
| Chande Momentum Oscillator (20): | 0.74 | |
| Repulse (5,40,3): | 5.8400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7500 | |
| Courbe Coppock: | 34.94 |
| MA7: | 5.44 | |
| MA20: | 5.36 | |
| MA50: | 4.66 | |
| MA100: | 4.32 | |
| MAexp7: | 6.88 | |
| MAexp20: | 6.45 | |
| MAexp50: | 5.96 | |
| MAexp100: | 5.61 | |
| Price / MA7: | +32.35% | |
| Price / MA20: | +34.33% | |
| Price / MA50: | +54.51% | |
| Price / MA100: | +66.67% | |
| Price / MAexp7: | +4.65% | |
| Price / MAexp20: | +11.63% | |
| Price / MAexp50: | +20.81% | |
| Price / MAexp100: | +28.34% |
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 - 1H