FILECOIN - FIL/USDT - Daily - Technical analysis published on 03/02/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 26.36 USDT
My targets
19.68 USDT (-6.29%)
16.90 USDT (-19.52%)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 26.36 USDT remains possible. It is advisable to trade FILECOIN - FIL/USDT with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 26.36 USDT. The next bearish objective for sellers is set at 19.68 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 16.90 USDT. In case of crossing, the next objective would be the support located at 4.74 USDT. PS: if there is a bullish break in the resistance located at 26.36 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.4
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This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FILECOIN - FIL/USDT rating 21.00 USDT. On the day, this instrument gained +0.19% and was between 20.55 USDT and 21.17 USDT. This implies that the price is at +2.19% from its lowest and at -0.80% from its highest.20.55
21.17
21.00
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of FILECOIN - FIL/USDT indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Bullish harami
Type : Bullish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.74 | 19.68 | 21.00 | 41.23 | 55.30 | 79.64 |
| Change (%) | -77.43% | -6.29% | - | +96.33% | +163.33% | +279.24% |
| Change | -16.26 | -1.32 | - | +20.23 | +34.30 | +58.64 |
| Level | Minor | Major | - | 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 | 18.59 | 19.57 | 20.26 | 21.24 | 21.93 | 22.91 | 23.60 |
| Camarilla | 20.50 | 20.65 | 20.81 | 20.96 | 21.11 | 21.27 | 21.42 |
| Woodie | 18.46 | 19.50 | 20.13 | 21.17 | 21.80 | 22.84 | 23.47 |
| Fibonacci | 19.57 | 20.21 | 20.60 | 21.24 | 21.88 | 22.27 | 22.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.87 | 14.81 | 16.94 | 18.88 | 21.01 | 22.95 | 25.08 |
| Camarilla | 17.94 | 18.31 | 18.69 | 19.06 | 19.43 | 19.81 | 20.18 |
| Woodie | 12.96 | 14.86 | 17.03 | 18.93 | 21.10 | 23.00 | 25.17 |
| Fibonacci | 14.81 | 16.37 | 17.33 | 18.88 | 20.44 | 21.40 | 22.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.44 | 12.10 | 16.90 | 21.56 | 26.36 | 31.02 | 35.82 |
| Camarilla | 19.10 | 19.97 | 20.83 | 21.70 | 22.57 | 23.43 | 24.30 |
| Woodie | 7.51 | 12.14 | 16.97 | 21.60 | 26.43 | 31.06 | 35.89 |
| Fibonacci | 12.10 | 15.71 | 17.95 | 21.56 | 25.17 | 27.41 | 31.02 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.49 | |
| MACD (12,26,9): | -0.6500 | |
| Directional Movement: | 2.73 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 19.55 | |
| Parabolic SAR (0,02-0,02-0,2): | 17.08 | |
| Elder Ray (13): | 0.50 | |
| Super Trend (3,10): | 22.71 | |
| Zig ZAG (10): | 20.97 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 66.07 | |
| TEMA (21): | 20.40 | |
| Williams %R (14): | -35.80 | |
| Chande Momentum Oscillator (20): | -0.08 | |
| Repulse (5,40,3): | 4.6400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.5900 | |
| Courbe Coppock: | 13.06 |
| MA7: | 20.06 | |
| MA20: | 20.38 | |
| MA50: | 22.17 | |
| MA100: | 31.02 | |
| MAexp7: | 20.46 | |
| MAexp20: | 20.61 | |
| MAexp50: | 23.73 | |
| MAexp100: | 31.09 | |
| Price / MA7: | +4.69% | |
| Price / MA20: | +3.04% | |
| Price / MA50: | -5.28% | |
| Price / MA100: | -32.30% | |
| Price / MAexp7: | +2.64% | |
| Price / MAexp20: | +1.89% | |
| Price / MAexp50: | -11.50% | |
| Price / MAexp100: | -32.45% |
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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