FILECOIN - FIL/USD - 1H - Technical analysis published on 04/07/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 5.81 USD
My targets
6.16 USD (+4.10%)
6.22 USD (+5.07%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FILECOIN - FIL/USD as long as the price remains well above 5.81 USD. The buyers' bullish objective is set at 6.16 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.22 USD. If there is any crossing, the next objective would be the resistance located at 6.79 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8.4
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FILECOIN - FIL/USD rating is 5.92 USD. The price registered an increase of +4.59% on the session with the lowest point at 5.51 USD and the highest point at 6.01 USD. The deviation from the price is +7.44% for the low point and -1.50% for the high point.5.51
6.01
5.92
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this FILECOIN - FIL/USD chart shows a strongly bullish trend. 89.29% 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 market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA50 & AMA100
Type : Bullish
Timeframe : 1 hour
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
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
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 | 5.71 | 5.81 | 5.91 | 5.92 | 6.22 | 6.79 | 7.26 |
| Change (%) | -3.55% | -1.86% | -0.17% | - | +5.07% | +14.70% | +22.64% |
| Change | -0.21 | -0.11 | -0.01 | - | +0.30 | +0.87 | +1.34 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
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 | 5.36 | 5.45 | 5.55 | 5.64 | 5.74 | 5.83 | 5.93 |
| Camarilla | 5.61 | 5.63 | 5.64 | 5.66 | 5.68 | 5.70 | 5.71 |
| Woodie | 5.38 | 5.45 | 5.57 | 5.64 | 5.76 | 5.83 | 5.95 |
| Fibonacci | 5.45 | 5.52 | 5.56 | 5.64 | 5.71 | 5.75 | 5.83 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.38 | 4.80 | 5.27 | 5.69 | 6.16 | 6.58 | 7.05 |
| Camarilla | 5.51 | 5.59 | 5.67 | 5.75 | 5.83 | 5.91 | 6.00 |
| Woodie | 4.42 | 4.81 | 5.31 | 5.70 | 6.20 | 6.59 | 7.09 |
| Fibonacci | 4.80 | 5.14 | 5.35 | 5.69 | 6.03 | 6.24 | 6.58 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.47 | 3.07 | 4.40 | 6.00 | 7.33 | 8.93 | 10.26 |
| Camarilla | 4.91 | 5.18 | 5.45 | 5.72 | 5.99 | 6.26 | 6.53 |
| Woodie | 1.33 | 3.00 | 4.26 | 5.93 | 7.19 | 8.86 | 10.12 |
| Fibonacci | 3.07 | 4.19 | 4.88 | 6.00 | 7.12 | 7.81 | 8.93 |
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): | 68.88 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 11.36 | |
| AROON (14): | 42.85 | |
| DEMA (21): | 5.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.53 | |
| Elder Ray (13): | 0.21 | |
| Super Trend (3,10): | 5.56 | |
| Zig ZAG (10): | 6.01 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 89.11 | |
| TEMA (21): | 5.82 | |
| Williams %R (14): | -6.00 | |
| Chande Momentum Oscillator (20): | 0.28 | |
| Repulse (5,40,3): | 5.4600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 4.51 |
| MA7: | 5.70 | |
| MA20: | 5.71 | |
| MA50: | 6.27 | |
| MA100: | 5.42 | |
| MAexp7: | 5.80 | |
| MAexp20: | 5.70 | |
| MAexp50: | 5.66 | |
| MAexp100: | 5.65 | |
| Price / MA7: | +3.86% | |
| Price / MA20: | +3.68% | |
| Price / MA50: | -5.58% | |
| Price / MA100: | +9.23% | |
| Price / MAexp7: | +2.07% | |
| Price / MAexp20: | +3.86% | |
| Price / MAexp50: | +4.59% | |
| Price / MAexp100: | +4.78% |
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.
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