FILECOIN - FIL/USD - 1H - Technical analysis published on 02/06/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 5.05 USD
My targets
4.90 USD (-1.61%)
4.53 USD (-8.98%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on FILECOIN - FIL/USD. As long as you are under the resistance located at 5.05 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.90 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 4.53 USD as an objective. Crossing it would then enable sellers to target 4.19 USD. If the resistance 5.05 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
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
3.2
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 rating is 4.98 USD. On the day, this instrument lost -0.20% with the lowest point at 4.96 USD and the highest point at 5.06 USD. The deviation from the price is +0.40% for the low point and -1.58% for the high point.4.96
5.06
4.98
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this FILECOIN - FIL/USD chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, only 8 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
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 | 3.16 | 4.19 | 4.90 | 4.98 | 5.05 | 5.12 | 5.27 |
| Change (%) | -36.55% | -15.86% | -1.61% | - | +1.41% | +2.81% | +5.82% |
| Change | -1.82 | -0.79 | -0.08 | - | +0.07 | +0.14 | +0.29 |
| Level | Intermediate | Minor | Major | - | Minor | 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 | 4.69 | 4.78 | 4.88 | 4.97 | 5.07 | 5.16 | 5.26 |
| Camarilla | 4.94 | 4.96 | 4.97 | 4.99 | 5.01 | 5.03 | 5.04 |
| Woodie | 4.71 | 4.78 | 4.90 | 4.97 | 5.09 | 5.16 | 5.28 |
| Fibonacci | 4.78 | 4.85 | 4.89 | 4.97 | 5.04 | 5.08 | 5.16 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.22 | 4.53 | 4.80 | 5.11 | 5.38 | 5.69 | 5.96 |
| Camarilla | 4.90 | 4.95 | 5.01 | 5.06 | 5.11 | 5.17 | 5.22 |
| Woodie | 4.19 | 4.52 | 4.77 | 5.10 | 5.35 | 5.68 | 5.93 |
| Fibonacci | 4.53 | 4.76 | 4.89 | 5.11 | 5.34 | 5.47 | 5.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.19 | 2.41 | 3.68 | 5.90 | 7.17 | 9.39 | 10.66 |
| Camarilla | 4.00 | 4.32 | 4.64 | 4.96 | 5.28 | 5.60 | 5.92 |
| Woodie | -0.28 | 2.17 | 3.22 | 5.66 | 6.71 | 9.15 | 10.20 |
| Fibonacci | 2.41 | 3.74 | 4.56 | 5.90 | 7.23 | 8.05 | 9.39 |
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): | 57.05 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 4.07 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 5.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.94 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 5.07 | |
| Zig ZAG (10): | 5.01 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 5.02 | |
| Williams %R (14): | -35.71 | |
| Chande Momentum Oscillator (20): | 0.01 | |
| Repulse (5,40,3): | -0.4400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.21 |
| MA7: | 4.99 | |
| MA20: | 5.15 | |
| MA50: | 5.65 | |
| MA100: | 5.16 | |
| MAexp7: | 5.01 | |
| MAexp20: | 4.99 | |
| MAexp50: | 5.00 | |
| MAexp100: | 5.02 | |
| Price / MA7: | -0.20% | |
| Price / MA20: | -3.30% | |
| Price / MA50: | -11.86% | |
| Price / MA100: | -3.49% | |
| Price / MAexp7: | -0.60% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.40% | |
| Price / MAexp100: | -0.80% |
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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