WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 10/28/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.257000 USD
My targets
0.280000 USD (+4.09%)
0.304333 USD (+13.14%)
My analysis
WRAPPED CENTRIFUGE - WCFG/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 0.257000 USD. The next resistance located at 0.280000 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 0.304333 USD. After this resistance, buyers could then target 0.322818 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.9
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Additional analysis
Quotes
The WRAPPED CENTRIFUGE - WCFG/USD rating is 0.269000 USD. The price registered an increase of +20.63% on the session and was traded between 0.223000 USD and 0.279000 USD over the period. The price is currently at +20.63% from its lowest and -3.58% from its highest.0.223000
0.279000
0.269000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of WRAPPED CENTRIFUGE - WCFG/USD in 1H shows a strongly overall bullish trend. 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 scanner does not detect any result on moving averages that would impact this trend.
In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
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.
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 | 0.231000 | 0.244000 | 0.257000 | 0.269000 | 0.280000 | 0.322818 | 0.371000 |
| Change (%) | -14.13% | -9.29% | -4.46% | - | +4.09% | +20.01% | +37.92% |
| Change | -0.038000 | -0.025000 | -0.012000 | - | +0.011000 | +0.053818 | +0.102000 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Major | Intermediate |
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 | 0.204000 | 0.213000 | 0.218000 | 0.227000 | 0.232000 | 0.241000 | 0.246000 |
| Camarilla | 0.219150 | 0.220433 | 0.221717 | 0.223000 | 0.224283 | 0.225567 | 0.226850 |
| Woodie | 0.202000 | 0.212000 | 0.216000 | 0.226000 | 0.230000 | 0.240000 | 0.244000 |
| Fibonacci | 0.213000 | 0.218348 | 0.221652 | 0.227000 | 0.232348 | 0.235652 | 0.241000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.142667 | 0.180333 | 0.204667 | 0.242333 | 0.266667 | 0.304333 | 0.328667 |
| Camarilla | 0.211950 | 0.217633 | 0.223317 | 0.229000 | 0.234683 | 0.240367 | 0.246050 |
| Woodie | 0.136000 | 0.177000 | 0.198000 | 0.239000 | 0.260000 | 0.301000 | 0.322000 |
| Fibonacci | 0.180333 | 0.204017 | 0.218649 | 0.242333 | 0.266017 | 0.280649 | 0.304333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.035333 | 0.163667 | 0.231333 | 0.359667 | 0.427333 | 0.555667 | 0.623333 |
| Camarilla | 0.245100 | 0.263067 | 0.281033 | 0.299000 | 0.316967 | 0.334933 | 0.352900 |
| Woodie | 0.005000 | 0.148500 | 0.201000 | 0.344500 | 0.397000 | 0.540500 | 0.593000 |
| Fibonacci | 0.163667 | 0.238539 | 0.284795 | 0.359667 | 0.434539 | 0.480795 | 0.555667 |
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): | 83.06 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | 40.936652 | |
| AROON (14): | 28.571428 | |
| DEMA (21): | 0.235939 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.225196 | |
| Elder Ray (13): | 0.010222 | |
| Super Trend (3,10): | 0.229570 | |
| Zig ZAG (10): | 0.245000 | |
| VORTEX (21): | 1.2222 | |
| Stochastique (14,3,5): | 72.84 | |
| TEMA (21): | 0.239837 | |
| Williams %R (14): | -14.81 | |
| Chande Momentum Oscillator (20): | 0.021000 | |
| Repulse (5,40,3): | 2.0282 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0955 | |
| Courbe Coppock: | 10.62 |
| MA7: | 0.228714 | |
| MA20: | 0.238450 | |
| MA50: | 0.287340 | |
| MA100: | 0.313980 | |
| MAexp7: | 0.238331 | |
| MAexp20: | 0.230667 | |
| MAexp50: | 0.228655 | |
| MAexp100: | 0.228012 | |
| Price / MA7: | +17.61% | |
| Price / MA20: | +12.81% | |
| Price / MA50: | -6.38% | |
| Price / MA100: | -14.33% | |
| Price / MAexp7: | +12.87% | |
| Price / MAexp20: | +16.62% | |
| Price / MAexp50: | +17.64% | |
| Price / MAexp100: | +17.98% |
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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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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