FILECOIN - FIL/USD - Weekly - Technical analysis published on 09/15/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 3.86 USD
My targets
2.77 USD (-16.15%)
2.31 USD (-29.91%)
My analysis
The bearish trend is currently very strong for FILECOIN - FIL/USD. As long as the price remains below the resistance at 3.86 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 2.77 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2.31 USD as an objective. Crossing it would then enable sellers to target 1.54 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1
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This analysis was given by Henry07. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FILECOIN - FIL/USD rating 3.30 USD. The price is up +1.23% over 5 days and has been traded over the last 5 days between 2.95 USD and 3.34 USD. This implies that the 5 day price is +11.86% from its lowest point and -1.20% from its highest point.2.95
3.34
3.30
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of FILECOIN - FIL/USD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
R1
R2
R3
Price
| Price | R1 | R2 | R3 | |
|---|---|---|---|---|
| ProTrendLines | 3.30 | 3.86 | 41.43 | 113.72 |
| Change (%) | - | +16.97% | +1,155.45% | +3,346.06% |
| Change | - | +0.56 | +38.13 | +110.42 |
| Level | - | Minor | Minor | 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 | 3.05 | 3.09 | 3.17 | 3.21 | 3.29 | 3.33 | 3.41 |
| Camarilla | 3.21 | 3.22 | 3.23 | 3.24 | 3.25 | 3.26 | 3.27 |
| Woodie | 3.06 | 3.10 | 3.18 | 3.22 | 3.30 | 3.34 | 3.42 |
| Fibonacci | 3.09 | 3.14 | 3.17 | 3.21 | 3.26 | 3.29 | 3.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.97 | 3.05 | 3.15 | 3.23 | 3.33 | 3.41 | 3.51 |
| Camarilla | 3.21 | 3.23 | 3.24 | 3.26 | 3.28 | 3.29 | 3.31 |
| Woodie | 2.99 | 3.06 | 3.17 | 3.24 | 3.35 | 3.42 | 3.53 |
| Fibonacci | 3.05 | 3.12 | 3.16 | 3.23 | 3.30 | 3.34 | 3.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.54 | 2.31 | 2.77 | 3.54 | 4.00 | 4.77 | 5.23 |
| Camarilla | 2.88 | 3.00 | 3.11 | 3.22 | 3.33 | 3.45 | 3.56 |
| Woodie | 1.38 | 2.23 | 2.61 | 3.46 | 3.84 | 4.69 | 5.07 |
| Fibonacci | 2.31 | 2.78 | 3.07 | 3.54 | 4.01 | 4.30 | 4.77 |
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): | 37.58 | |
| MACD (12,26,9): | -0.5800 | |
| Directional Movement: | -9.74 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 3.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.86 | |
| Elder Ray (13): | -0.66 | |
| Super Trend (3,10): | 2.71 | |
| Zig ZAG (10): | 3.30 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 19.97 | |
| TEMA (21): | 3.55 | |
| Williams %R (14): | -82.41 | |
| Chande Momentum Oscillator (20): | -0.81 | |
| Repulse (5,40,3): | 0.0800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.3100 | |
| Courbe Coppock: | 35.78 |
| MA7: | 3.17 | |
| MA20: | 3.24 | |
| MA50: | 3.63 | |
| MA100: | 3.88 | |
| MAexp7: | 3.52 | |
| MAexp20: | 4.08 | |
| MAexp50: | 6.58 | |
| MAexp100: | 16.00 | |
| Price / MA7: | +4.10% | |
| Price / MA20: | +1.85% | |
| Price / MA50: | -9.09% | |
| Price / MA100: | -14.95% | |
| Price / MAexp7: | -6.25% | |
| Price / MAexp20: | -19.12% | |
| Price / MAexp50: | -49.85% | |
| Price / MAexp100: | -79.38% |
Quotes :
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Real time data
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