FILECOIN - FIL/USD - Daily - Technical analysis published on 12/12/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 4.37 USD
My targets
4.96 USD (+5.53%)
5.27 USD (+12.13%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.37 USD remains possible. It is advisable to trade FILECOIN - FIL/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.37 USD. The next bullish objective for buyers is set at 4.96 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.27 USD. If there is any crossing, the next objective would be the resistance located at 41.43 USD. PS: if there is a bearish break in the support located at 4.37 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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.
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Additional analysis
Quotes
FILECOIN - FIL/USD rating 4.70 USD. The price has increased by +1.73% since the last closing and was between 4.61 USD and 4.71 USD. This implies that the price is at +1.95% from its lowest and at -0.21% from its highest.4.61
4.71
4.70
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of FILECOIN - FIL/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.17 | 3.60 | 4.37 | 4.70 | 4.73 | 4.96 | 5.27 |
| Change (%) | -32.55% | -23.40% | -7.02% | - | +0.64% | +5.53% | +12.13% |
| Change | -1.53 | -1.10 | -0.33 | - | +0.03 | +0.26 | +0.57 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.52 | 3.97 | 4.30 | 4.75 | 5.08 | 5.53 | 5.86 |
| Camarilla | 4.41 | 4.48 | 4.55 | 4.62 | 4.69 | 4.76 | 4.84 |
| Woodie | 3.45 | 3.94 | 4.23 | 4.72 | 5.01 | 5.50 | 5.79 |
| Fibonacci | 3.97 | 4.27 | 4.46 | 4.75 | 5.05 | 5.24 | 5.53 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.50 | 3.97 | 4.56 | 5.03 | 5.62 | 6.09 | 6.68 |
| Camarilla | 4.87 | 4.97 | 5.06 | 5.16 | 5.26 | 5.35 | 5.45 |
| Woodie | 3.57 | 4.00 | 4.63 | 5.06 | 5.69 | 6.12 | 6.75 |
| Fibonacci | 3.97 | 4.37 | 4.62 | 5.03 | 5.43 | 5.68 | 6.09 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.52 | 2.62 | 3.49 | 4.59 | 5.46 | 6.56 | 7.43 |
| Camarilla | 3.83 | 4.01 | 4.19 | 4.37 | 4.55 | 4.73 | 4.91 |
| Woodie | 1.42 | 2.56 | 3.39 | 4.53 | 5.36 | 6.50 | 7.33 |
| Fibonacci | 2.62 | 3.37 | 3.83 | 4.59 | 5.34 | 5.80 | 6.56 |
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): | 49.51 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 1.49 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 4.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.47 | |
| Elder Ray (13): | -0.17 | |
| Super Trend (3,10): | 5.32 | |
| Zig ZAG (10): | 4.68 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 41.16 | |
| TEMA (21): | 4.89 | |
| Williams %R (14): | -69.57 | |
| Chande Momentum Oscillator (20): | 0.32 | |
| Repulse (5,40,3): | -5.7800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3900 | |
| Courbe Coppock: | 15.79 |
| MA7: | 4.95 | |
| MA20: | 4.72 | |
| MA50: | 4.49 | |
| MA100: | 3.88 | |
| MAexp7: | 4.86 | |
| MAexp20: | 4.76 | |
| MAexp50: | 4.47 | |
| MAexp100: | 4.21 | |
| Price / MA7: | -5.05% | |
| Price / MA20: | -0.42% | |
| Price / MA50: | +4.68% | |
| Price / MA100: | +21.13% | |
| Price / MAexp7: | -3.29% | |
| Price / MAexp20: | -1.26% | |
| Price / MAexp50: | +5.15% | |
| Price / MAexp100: | +11.64% |
Quotes :
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Real time data
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