WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 04/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
22%
39%
39%
My opinion
Bullish above 0.272000 USD
My targets
0.281000 USD (+1.08%)
0.286000 USD (+2.88%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WRAPPED CENTRIFUGE - WCFG/USD as long as the price remains well above 0.272000 USD. The buyers' bullish objective is set at 0.281000 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.286000 USD. If there is any crossing, the next objective would be the resistance located at 0.291000 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
4.1
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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 WRAPPED CENTRIFUGE - WCFG/USD rating is 0.278000 USD. The price is lower by -0.36% since the last closing with the lowest point at 0.274000 USD and the highest point at 0.280000 USD. The deviation from the price is +1.46% for the low point and -0.71% for the high point.0.274000
0.280000
0.278000
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this WRAPPED CENTRIFUGE - WCFG/USD chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | R1 | Price | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.262000 | 0.265545 | 0.272000 | 0.278000 | 0.278000 | 0.281000 | 0.286000 |
| Change (%) | -5.76% | -4.48% | -2.16% | 0% | - | +1.08% | +2.88% |
| Change | -0.016000 | -0.012455 | -0.006000 | 0 | - | +0.003000 | +0.008000 |
| Level | Minor | Major | Minor | Minor | - | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.260000 | 0.267000 | 0.273000 | 0.280000 | 0.286000 | 0.293000 | 0.299000 |
| Camarilla | 0.275425 | 0.276617 | 0.277808 | 0.279000 | 0.280192 | 0.281383 | 0.282575 |
| Woodie | 0.259500 | 0.266750 | 0.272500 | 0.279750 | 0.285500 | 0.292750 | 0.298500 |
| Fibonacci | 0.267000 | 0.271966 | 0.275034 | 0.280000 | 0.284966 | 0.288034 | 0.293000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.228667 | 0.243333 | 0.256667 | 0.271333 | 0.284667 | 0.299333 | 0.312667 |
| Camarilla | 0.262300 | 0.264867 | 0.267433 | 0.270000 | 0.272567 | 0.275133 | 0.277700 |
| Woodie | 0.228000 | 0.243000 | 0.256000 | 0.271000 | 0.284000 | 0.299000 | 0.312000 |
| Fibonacci | 0.243333 | 0.254029 | 0.260637 | 0.271333 | 0.282029 | 0.288637 | 0.299333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.074667 | 0.082667 | 0.182333 | 0.339667 | 0.439333 | 0.596667 | 0.696333 |
| Camarilla | 0.211325 | 0.234883 | 0.258442 | 0.282000 | 0.305558 | 0.329117 | 0.352675 |
| Woodie | -0.103500 | 0.068250 | 0.153500 | 0.325250 | 0.410500 | 0.582250 | 0.667500 |
| Fibonacci | 0.082667 | 0.180841 | 0.241493 | 0.339667 | 0.437841 | 0.498493 | 0.596667 |
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): | 50.06 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | 20.580556 | |
| AROON (14): | -78.571429 | |
| DEMA (21): | 0.276711 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.284855 | |
| Elder Ray (13): | -0.000608 | |
| Super Trend (3,10): | 0.271905 | |
| Zig ZAG (10): | 0.276000 | |
| VORTEX (21): | 0.9219 | |
| Stochastique (14,3,5): | 16.67 | |
| TEMA (21): | 0.275547 | |
| Williams %R (14): | -80.00 | |
| Chande Momentum Oscillator (20): | -0.003000 | |
| Repulse (5,40,3): | -0.0934 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0061 | |
| Courbe Coppock: | 2.42 |
| MA7: | 0.273857 | |
| MA20: | 0.278700 | |
| MA50: | 0.290200 | |
| MA100: | 0.270130 | |
| MAexp7: | 0.276002 | |
| MAexp20: | 0.277010 | |
| MAexp50: | 0.276080 | |
| MAexp100: | 0.274087 | |
| Price / MA7: | +1.51% | |
| Price / MA20: | -0.25% | |
| Price / MA50: | -4.20% | |
| Price / MA100: | +2.91% | |
| Price / MAexp7: | +0.72% | |
| Price / MAexp20: | +0.36% | |
| Price / MAexp50: | +0.70% | |
| Price / MAexp100: | +1.43% |
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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