FILECOIN - FIL/USD - Daily - Technical analysis published on 04/14/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 5.36 USD
My targets
6.22 USD (+2.47%)
6.79 USD (+11.86%)
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 5.36 USD. The buyers' bullish objective is set at 6.22 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 6.79 USD. If there is any crossing, the next objective would be the resistance located at 7.26 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
7.3
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 6.07 USD. The price registered a decrease of -0.16% on the session and was between 5.85 USD and 6.34 USD. This implies that the price is at +3.76% from its lowest and at -4.26% from its highest.5.85
6.34
6.07
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in Daily of this FILECOIN - FIL/USD chart shows a strongly bullish trend. 82.14% 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 scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
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
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.81 | 3.75 | 5.36 | 6.07 | 6.22 | 6.79 | 7.26 |
| Change (%) | -53.71% | -38.22% | -11.70% | - | +2.47% | +11.86% | +19.60% |
| Change | -3.26 | -2.32 | -0.71 | - | +0.15 | +0.72 | +1.19 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | 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 | 5.48 | 5.63 | 5.85 | 6.00 | 6.22 | 6.37 | 6.59 |
| Camarilla | 5.98 | 6.01 | 6.05 | 6.08 | 6.11 | 6.15 | 6.18 |
| Woodie | 5.53 | 5.65 | 5.90 | 6.02 | 6.27 | 6.39 | 6.64 |
| Fibonacci | 5.63 | 5.77 | 5.86 | 6.00 | 6.14 | 6.23 | 6.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.80 | 5.07 | 5.46 | 5.73 | 6.12 | 6.39 | 6.78 |
| Camarilla | 5.66 | 5.72 | 5.78 | 5.84 | 5.90 | 5.96 | 6.02 |
| Woodie | 4.85 | 5.10 | 5.51 | 5.76 | 6.17 | 6.42 | 6.83 |
| Fibonacci | 5.07 | 5.33 | 5.48 | 5.73 | 5.99 | 6.14 | 6.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.45 | 3.07 | 4.38 | 6.00 | 7.31 | 8.93 | 10.24 |
| Camarilla | 4.89 | 5.16 | 5.43 | 5.70 | 5.97 | 6.24 | 6.51 |
| Woodie | 1.31 | 2.99 | 4.24 | 5.92 | 7.17 | 8.85 | 10.10 |
| Fibonacci | 3.07 | 4.19 | 4.88 | 6.00 | 7.12 | 7.81 | 8.93 |
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): | 53.56 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 6.28 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 5.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.29 | |
| Elder Ray (13): | 0.19 | |
| Super Trend (3,10): | 6.94 | |
| Zig ZAG (10): | 6.04 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 72.19 | |
| TEMA (21): | 5.99 | |
| Williams %R (14): | -30.30 | |
| Chande Momentum Oscillator (20): | 0.49 | |
| Repulse (5,40,3): | 2.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 13.02 |
| MA7: | 6.00 | |
| MA20: | 5.77 | |
| MA50: | 5.98 | |
| MA100: | 5.62 | |
| MAexp7: | 5.99 | |
| MAexp20: | 5.88 | |
| MAexp50: | 5.85 | |
| MAexp100: | 5.65 | |
| Price / MA7: | +1.17% | |
| Price / MA20: | +5.20% | |
| Price / MA50: | +1.51% | |
| Price / MA100: | +8.01% | |
| Price / MAexp7: | +1.34% | |
| Price / MAexp20: | +3.23% | |
| Price / MAexp50: | +3.76% | |
| Price / MAexp100: | +7.43% |
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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