FILECOIN - FIL/USD - 1H - Technical analysis published on 10/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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 3.79 USD
My targets
4.08 USD (+5.43%)
4.72 USD (+21.96%)
My analysis
FILECOIN - FIL/USD 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 3.79 USD. The next resistance located at 4.08 USD 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 4.72 USD. After this resistance, buyers could then target 5.26 USD. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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Additional analysis
Quotes
FILECOIN - FIL/USD rating 3.87 USD. The price registered an increase of +13.16% on the session and was traded between 3.41 USD and 3.94 USD over the period. The price is currently at +13.49% from its lowest and -1.78% from its highest.3.41
3.94
3.87
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of FILECOIN - FIL/USD in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
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
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, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.36 | 3.44 | 3.79 | 3.87 | 4.72 | 5.26 | 6.34 |
| Change (%) | -13.18% | -11.11% | -2.07% | - | +21.96% | +35.92% | +63.82% |
| Change | -0.51 | -0.43 | -0.08 | - | +0.85 | +1.39 | +2.47 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.23 | 3.28 | 3.35 | 3.40 | 3.47 | 3.52 | 3.59 |
| Camarilla | 3.39 | 3.40 | 3.41 | 3.42 | 3.43 | 3.44 | 3.45 |
| Woodie | 3.24 | 3.29 | 3.36 | 3.41 | 3.48 | 3.53 | 3.60 |
| Fibonacci | 3.28 | 3.33 | 3.35 | 3.40 | 3.45 | 3.47 | 3.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.93 | 3.03 | 3.19 | 3.29 | 3.45 | 3.55 | 3.71 |
| Camarilla | 3.28 | 3.30 | 3.33 | 3.35 | 3.37 | 3.40 | 3.42 |
| Woodie | 2.96 | 3.05 | 3.22 | 3.31 | 3.48 | 3.57 | 3.74 |
| Fibonacci | 3.03 | 3.13 | 3.19 | 3.29 | 3.39 | 3.45 | 3.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.55 | 2.75 | 3.06 | 3.26 | 3.57 | 3.77 | 4.08 |
| Camarilla | 3.23 | 3.28 | 3.32 | 3.37 | 3.42 | 3.46 | 3.51 |
| Woodie | 2.61 | 2.78 | 3.12 | 3.29 | 3.63 | 3.80 | 4.14 |
| Fibonacci | 2.75 | 2.95 | 3.07 | 3.26 | 3.46 | 3.58 | 3.77 |
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): | 82.59 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 42.19 | |
| AROON (14): | 85.72 | |
| DEMA (21): | 3.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.53 | |
| Elder Ray (13): | 0.22 | |
| Super Trend (3,10): | 3.63 | |
| Zig ZAG (10): | 3.89 | |
| VORTEX (21): | 1.3000 | |
| Stochastique (14,3,5): | 84.56 | |
| TEMA (21): | 3.78 | |
| Williams %R (14): | -15.69 | |
| Chande Momentum Oscillator (20): | 0.38 | |
| Repulse (5,40,3): | 2.4200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2500 | |
| Courbe Coppock: | 14.41 |
| MA7: | 3.35 | |
| MA20: | 3.30 | |
| MA50: | 3.27 | |
| MA100: | 3.60 | |
| MAexp7: | 3.75 | |
| MAexp20: | 3.60 | |
| MAexp50: | 3.48 | |
| MAexp100: | 3.40 | |
| Price / MA7: | +15.52% | |
| Price / MA20: | +17.27% | |
| Price / MA50: | +18.35% | |
| Price / MA100: | +7.50% | |
| Price / MAexp7: | +3.20% | |
| Price / MAexp20: | +7.50% | |
| Price / MAexp50: | +11.21% | |
| Price / MAexp100: | +13.82% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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