FILECOIN - FIL/USD - 1H - Technical analysis published on 02/02/2023 (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
61%
6%
33%
My opinion
Bullish above 5.44 USD
My targets
5.70 USD (+0.71%)
6.26 USD (+10.60%)
My analysis
FILECOIN - FIL/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.44 USD. The next resistance located at 5.70 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.26 USD. After this resistance, buyers could then target 6.54 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
7.9
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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 5.66 USD. The price is lower by -0.18% since the last closing with the lowest point at 5.61 USD and the highest point at 5.86 USD. The deviation from the price is +0.89% for the low point and -3.41% for the high point.5.61
5.86
5.66
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
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. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.88 | 5.17 | 5.44 | 5.66 | 5.70 | 6.54 | 8.16 |
| Change (%) | -13.78% | -8.66% | -3.89% | - | +0.71% | +15.55% | +44.17% |
| Change | -0.78 | -0.49 | -0.22 | - | +0.04 | +0.88 | +2.50 |
| Level | Minor | Major | Major | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.42 | 4.74 | 5.20 | 5.52 | 5.98 | 6.30 | 6.76 |
| Camarilla | 5.46 | 5.53 | 5.60 | 5.67 | 5.74 | 5.81 | 5.89 |
| Woodie | 4.50 | 4.78 | 5.28 | 5.56 | 6.06 | 6.34 | 6.84 |
| Fibonacci | 4.74 | 5.04 | 5.22 | 5.52 | 5.82 | 6.00 | 6.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.83 | 4.32 | 4.80 | 5.29 | 5.77 | 6.26 | 6.74 |
| Camarilla | 5.01 | 5.10 | 5.19 | 5.28 | 5.37 | 5.46 | 5.55 |
| Woodie | 3.83 | 4.32 | 4.80 | 5.29 | 5.77 | 6.26 | 6.74 |
| Fibonacci | 4.32 | 4.69 | 4.92 | 5.29 | 5.66 | 5.89 | 6.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.78 | 1.88 | 3.57 | 4.67 | 6.36 | 7.46 | 9.15 |
| Camarilla | 4.48 | 4.74 | 4.99 | 5.25 | 5.51 | 5.76 | 6.02 |
| Woodie | 1.07 | 2.03 | 3.86 | 4.82 | 6.65 | 7.61 | 9.44 |
| Fibonacci | 1.88 | 2.95 | 3.61 | 4.67 | 5.74 | 6.40 | 7.46 |
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): | 58.14 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 23.49 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 5.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.86 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 5.45 | |
| Zig ZAG (10): | 5.65 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 65.44 | |
| TEMA (21): | 5.79 | |
| Williams %R (14): | -47.50 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -1.5700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3500 | |
| Courbe Coppock: | 13.48 |
| MA7: | 5.41 | |
| MA20: | 5.08 | |
| MA50: | 3.98 | |
| MA100: | 4.35 | |
| MAexp7: | 5.69 | |
| MAexp20: | 5.58 | |
| MAexp50: | 5.42 | |
| MAexp100: | 5.35 | |
| Price / MA7: | +4.62% | |
| Price / MA20: | +11.42% | |
| Price / MA50: | +42.21% | |
| Price / MA100: | +30.11% | |
| Price / MAexp7: | -0.53% | |
| Price / MAexp20: | +1.43% | |
| Price / MAexp50: | +4.43% | |
| Price / MAexp100: | +5.79% |
Quotes :
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Real time data
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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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