WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 11/26/2023 (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
61%
11%
28%
My opinion
Bullish above 0.619000 USD
My targets
0.738000 USD (+7.89%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WRAPPED CENTRIFUGE - WCFG/USD as long as the price remains well above 0.619000 USD. The buyers' bullish objective is set at 0.738000 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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Additional analysis
Quotes
The WRAPPED CENTRIFUGE - WCFG/USD price is 0.684000 USD. The price registered an increase of +3.64% on the session and was between 0.654000 USD and 0.684000 USD. This implies that the price is at +4.59% from its lowest and at 0% from its highest.0.654000
0.684000
0.684000
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of WRAPPED CENTRIFUGE - WCFG/USD in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 1 hour
In fact, 11 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
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 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.558000 | 0.598000 | 0.619000 | 0.684000 | 0.738000 |
| Change (%) | -18.42% | -12.57% | -9.50% | - | +7.89% |
| Change | -0.126000 | -0.086000 | -0.065000 | - | +0.054000 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate |
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 | 0.493667 | 0.549333 | 0.604667 | 0.660333 | 0.715667 | 0.771333 | 0.826667 |
| Camarilla | 0.629475 | 0.639650 | 0.649825 | 0.660000 | 0.670175 | 0.680350 | 0.690525 |
| Woodie | 0.493500 | 0.549250 | 0.604500 | 0.660250 | 0.715500 | 0.771250 | 0.826500 |
| Fibonacci | 0.549333 | 0.591735 | 0.617931 | 0.660333 | 0.702735 | 0.728931 | 0.771333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.160333 | 0.282667 | 0.471333 | 0.593667 | 0.782333 | 0.904667 | 1.093333 |
| Camarilla | 0.574475 | 0.602983 | 0.631492 | 0.660000 | 0.688508 | 0.717017 | 0.745525 |
| Woodie | 0.193500 | 0.299250 | 0.504500 | 0.610250 | 0.815500 | 0.921250 | 1.126500 |
| Fibonacci | 0.282667 | 0.401469 | 0.474865 | 0.593667 | 0.712469 | 0.785865 | 0.904667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.075333 | 0.162667 | 0.298333 | 0.385667 | 0.521333 | 0.608667 | 0.744333 |
| Camarilla | 0.372675 | 0.393117 | 0.413558 | 0.434000 | 0.454442 | 0.474883 | 0.495325 |
| Woodie | 0.099500 | 0.174750 | 0.322500 | 0.397750 | 0.545500 | 0.620750 | 0.768500 |
| Fibonacci | 0.162667 | 0.247853 | 0.300481 | 0.385667 | 0.470853 | 0.523481 | 0.608667 |
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): | 59.94 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 14.605133 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.679470 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.642563 | |
| Elder Ray (13): | 0.007483 | |
| Super Trend (3,10): | 0.635016 | |
| Zig ZAG (10): | 0.681000 | |
| VORTEX (21): | 1.0701 | |
| Stochastique (14,3,5): | 51.94 | |
| TEMA (21): | 0.673319 | |
| Williams %R (14): | -35.85 | |
| Chande Momentum Oscillator (20): | 0.001000 | |
| Repulse (5,40,3): | 2.5378 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2648 | |
| Courbe Coppock: | 3.53 |
| MA7: | 0.573286 | |
| MA20: | 0.542600 | |
| MA50: | 0.427660 | |
| MA100: | 0.343920 | |
| MAexp7: | 0.671131 | |
| MAexp20: | 0.664119 | |
| MAexp50: | 0.635594 | |
| MAexp100: | 0.599798 | |
| Price / MA7: | +19.31% | |
| Price / MA20: | +26.06% | |
| Price / MA50: | +59.94% | |
| Price / MA100: | +98.88% | |
| Price / MAexp7: | +1.92% | |
| Price / MAexp20: | +2.99% | |
| Price / MAexp50: | +7.62% | |
| Price / MAexp100: | +14.04% |
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.
About author
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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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