FILECOIN - FIL/USD - 1H - Technical analysis published on 02/19/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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 6.69 USD
My targets
7.19 USD (+3.41%)
7.55 USD (+8.63%)
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 6.69 USD. The buyers' bullish objective is set at 7.19 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.55 USD. If there is any crossing, the next objective would be the resistance located at 8.93 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, technical indicators confirm the bullish opinion of this analysis. 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
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 price is 6.95 USD. On the day, this instrument gained +11.02% and was traded between 6.22 USD and 7.14 USD over the period. The price is currently at +11.74% from its lowest and -2.66% from its highest.6.22
7.14
6.95
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FILECOIN - FIL/USD:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FILECOIN - FIL/USD indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
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.
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 | 5.94 | 6.01 | 6.47 | 6.95 | 7.55 | 8.93 | 26.33 |
| Change (%) | -14.53% | -13.53% | -6.91% | - | +8.63% | +28.49% | +278.85% |
| Change | -1.01 | -0.94 | -0.48 | - | +0.60 | +1.98 | +19.38 |
| Level | Minor | Major | Minor | - | Major | Minor | 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 | 5.68 | 5.87 | 6.07 | 6.26 | 6.46 | 6.65 | 6.85 |
| Camarilla | 6.15 | 6.19 | 6.22 | 6.26 | 6.30 | 6.33 | 6.37 |
| Woodie | 5.68 | 5.87 | 6.07 | 6.26 | 6.46 | 6.65 | 6.85 |
| Fibonacci | 5.87 | 6.02 | 6.11 | 6.26 | 6.41 | 6.50 | 6.65 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.21 | 4.71 | 5.45 | 5.95 | 6.69 | 7.19 | 7.93 |
| Camarilla | 5.86 | 5.97 | 6.09 | 6.20 | 6.31 | 6.43 | 6.54 |
| Woodie | 4.34 | 4.77 | 5.58 | 6.01 | 6.82 | 7.25 | 8.06 |
| Fibonacci | 4.71 | 5.18 | 5.47 | 5.95 | 6.42 | 6.71 | 7.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.19 | 2.41 | 3.68 | 5.90 | 7.17 | 9.39 | 10.66 |
| Camarilla | 4.00 | 4.32 | 4.64 | 4.96 | 5.28 | 5.60 | 5.92 |
| Woodie | -0.28 | 2.17 | 3.22 | 5.66 | 6.71 | 9.15 | 10.20 |
| Fibonacci | 2.41 | 3.74 | 4.56 | 5.90 | 7.23 | 8.05 | 9.39 |
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): | 80.08 | |
| MACD (12,26,9): | 0.1600 | |
| Directional Movement: | 29.17 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 6.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.67 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 6.45 | |
| Zig ZAG (10): | 6.98 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 78.70 | |
| TEMA (21): | 6.85 | |
| Williams %R (14): | -21.62 | |
| Chande Momentum Oscillator (20): | 0.49 | |
| Repulse (5,40,3): | 2.4800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2700 | |
| Courbe Coppock: | 12.45 |
| MA7: | 6.03 | |
| MA20: | 5.46 | |
| MA50: | 5.63 | |
| MA100: | 5.35 | |
| MAexp7: | 6.78 | |
| MAexp20: | 6.58 | |
| MAexp50: | 6.37 | |
| MAexp100: | 6.16 | |
| Price / MA7: | +15.26% | |
| Price / MA20: | +27.29% | |
| Price / MA50: | +23.45% | |
| Price / MA100: | +29.91% | |
| Price / MAexp7: | +2.51% | |
| Price / MAexp20: | +5.62% | |
| Price / MAexp50: | +9.11% | |
| Price / MAexp100: | +12.82% |
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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