FILECOIN - FIL/USD - Weekly - Technical analysis published on 12/22/2023 (GMT)
- 132
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
83%
6%
11%
My opinion
Neutral between 4.63 USD and 7.26 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 7.26 USD. The first support is located at 4.63 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by FILECOIN - FIL/USD.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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
The FILECOIN - FIL/USD price is 5.63 USD. The price registered a decrease of -0.53% over 5 days and was traded between 4.86 USD and 5.70 USD over the period. The price is currently at +15.84% from its lowest point and -1.23% from its highest point.4.86
5.70
5.63
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FILECOIN - FIL/USD:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Weekly chart of FILECOIN - FIL/USD indicates that the overall trend is slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being 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, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
Price | R1 | R2 | R3 | |
---|---|---|---|---|
ProTrendLines | 5.63 | 8.93 | 26.33 | 41.43 |
Change (%) | - | +58.61% | +367.67% | +635.88% |
Change | - | +3.30 | +20.70 | +35.80 |
Level | - | 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 | 5.04 | 5.15 | 5.33 | 5.44 | 5.62 | 5.73 | 5.91 |
Camarilla | 5.42 | 5.45 | 5.47 | 5.50 | 5.53 | 5.55 | 5.58 |
Woodie | 5.07 | 5.17 | 5.36 | 5.46 | 5.65 | 5.75 | 5.94 |
Fibonacci | 5.15 | 5.26 | 5.33 | 5.44 | 5.55 | 5.62 | 5.73 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2.86 | 3.63 | 4.65 | 5.42 | 6.44 | 7.21 | 8.23 |
Camarilla | 5.17 | 5.33 | 5.50 | 5.66 | 5.82 | 5.99 | 6.15 |
Woodie | 2.98 | 3.69 | 4.77 | 5.48 | 6.56 | 7.27 | 8.35 |
Fibonacci | 3.63 | 4.32 | 4.74 | 5.42 | 6.11 | 6.53 | 7.21 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.74 | 2.79 | 3.58 | 4.63 | 5.42 | 6.47 | 7.26 |
Camarilla | 3.86 | 4.03 | 4.20 | 4.37 | 4.54 | 4.71 | 4.88 |
Woodie | 1.61 | 2.73 | 3.45 | 4.57 | 5.29 | 6.41 | 7.13 |
Fibonacci | 2.79 | 3.49 | 3.93 | 4.63 | 5.33 | 5.77 | 6.47 |
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): | 63.93 | |
MACD (12,26,9): | 0.2300 | |
Directional Movement: | 19.75 | |
AROON (14): | 92.86 | |
DEMA (21): | 4.64 | |
Parabolic SAR (0,02-0,02-0,2): | 3.98 | |
Elder Ray (13): | 0.65 | |
Super Trend (3,10): | 3.07 | |
Zig ZAG (10): | 5.63 | |
VORTEX (21): | 1.0500 | |
Stochastique (14,3,5): | 81.84 | |
TEMA (21): | 5.29 | |
Williams %R (14): | -18.45 | |
Chande Momentum Oscillator (20): | 2.16 | |
Repulse (5,40,3): | 23.4300 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.1500 | |
Courbe Coppock: | 95.43 |
MA7: | 5.40 | |
MA20: | 5.08 | |
MA50: | 4.78 | |
MA100: | 4.09 | |
MAexp7: | 5.05 | |
MAexp20: | 4.49 | |
MAexp50: | 5.66 | |
MAexp100: | 13.16 | |
Price / MA7: | +4.26% | |
Price / MA20: | +10.83% | |
Price / MA50: | +17.78% | |
Price / MA100: | +37.65% | |
Price / MAexp7: | +11.49% | |
Price / MAexp20: | +25.39% | |
Price / MAexp50: | -0.53% | |
Price / MAexp100: | -57.22% |
Quotes :
-
Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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