FILECOIN - FIL/USD - 1H - Technical analysis published on 12/06/2023 (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
50%
6%
44%
My opinion
Bullish above 4.69 USD
My targets
4.85 USD (+1.04%)
4.96 USD (+3.33%)
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 4.69 USD. The buyers' bullish objective is set at 4.85 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.96 USD. If there is any crossing, the next objective would be the resistance located at 5.27 USD. 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
7.5
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Additional analysis
Quotes
The FILECOIN - FIL/USD rating is 4.80 USD. The price is lower by -0.21% since the last closing and was between 4.62 USD and 4.85 USD. This implies that the price is at +3.90% from its lowest and at -1.03% from its highest.4.62
4.85
4.80
A study of price movements over other periods shows the following variations:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on FILECOIN - FIL/USD were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of FILECOIN - FIL/USD indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 4.43 | 4.60 | 4.69 | 4.80 | 4.85 | 4.96 | 5.27 |
Change (%) | -7.71% | -4.17% | -2.29% | - | +1.04% | +3.33% | +9.79% |
Change | -0.37 | -0.20 | -0.11 | - | +0.05 | +0.16 | +0.47 |
Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 4.34 | 4.45 | 4.63 | 4.74 | 4.92 | 5.03 | 5.21 |
Camarilla | 4.73 | 4.76 | 4.78 | 4.81 | 4.84 | 4.86 | 4.89 |
Woodie | 4.38 | 4.47 | 4.67 | 4.76 | 4.96 | 5.05 | 5.25 |
Fibonacci | 4.45 | 4.56 | 4.63 | 4.74 | 4.85 | 4.92 | 5.03 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 3.93 | 4.13 | 4.42 | 4.62 | 4.91 | 5.11 | 5.40 |
Camarilla | 4.57 | 4.61 | 4.66 | 4.70 | 4.75 | 4.79 | 4.84 |
Woodie | 3.97 | 4.15 | 4.46 | 4.64 | 4.95 | 5.13 | 5.44 |
Fibonacci | 4.13 | 4.32 | 4.44 | 4.62 | 4.81 | 4.93 | 5.11 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.52 | 2.62 | 3.49 | 4.59 | 5.46 | 6.56 | 7.43 |
Camarilla | 3.83 | 4.01 | 4.19 | 4.37 | 4.55 | 4.73 | 4.91 |
Woodie | 1.42 | 2.56 | 3.39 | 4.53 | 5.36 | 6.50 | 7.33 |
Fibonacci | 2.62 | 3.37 | 3.83 | 4.59 | 5.34 | 5.80 | 6.56 |
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): | 56.04 | |
MACD (12,26,9): | 0.0200 | |
Directional Movement: | -0.20 | |
AROON (14): | 42.86 | |
DEMA (21): | 4.79 | |
Parabolic SAR (0,02-0,02-0,2): | 4.68 | |
Elder Ray (13): | 0.02 | |
Super Trend (3,10): | 4.59 | |
Zig ZAG (10): | 4.76 | |
VORTEX (21): | 0.9900 | |
Stochastique (14,3,5): | 72.73 | |
TEMA (21): | 4.79 | |
Williams %R (14): | -40.91 | |
Chande Momentum Oscillator (20): | 0.00 | |
Repulse (5,40,3): | -1.7100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0500 | |
Courbe Coppock: | 1.71 |
MA7: | 4.63 | |
MA20: | 4.62 | |
MA50: | 4.30 | |
MA100: | 3.78 | |
MAexp7: | 4.78 | |
MAexp20: | 4.77 | |
MAexp50: | 4.74 | |
MAexp100: | 4.69 | |
Price / MA7: | +3.67% | |
Price / MA20: | +3.90% | |
Price / MA50: | +11.63% | |
Price / MA100: | +26.98% | |
Price / MAexp7: | +0.42% | |
Price / MAexp20: | +0.63% | |
Price / MAexp50: | +1.27% | |
Price / MAexp100: | +2.35% |
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
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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