WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 05/14/2023 (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
61%
6%
33%
My opinion
Bullish above 0.200000 USD
My targets
0.210000 USD (+1.94%)
0.216000 USD (+4.85%)
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 0.200000 USD. The next resistance located at 0.210000 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 0.216000 USD. After this resistance, buyers could then target 0.228000 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
7.9
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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 price is 0.206000 USD. The price registered an increase of +1.48% on the session with the lowest point at 0.206000 USD and the highest point at 0.206000 USD. The deviation from the price is 0% for the low point and 0% for the high point.0.206000
0.206000
0.206000
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found this result concerning these indicators:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.195000 | 0.200000 | 0.205000 | 0.206000 | 0.210000 | 0.216000 | 0.228000 |
| Change (%) | -5.34% | -2.91% | -0.49% | - | +1.94% | +4.85% | +10.68% |
| Change | -0.011000 | -0.006000 | -0.001000 | - | +0.004000 | +0.010000 | +0.022000 |
| Level | Minor | Minor | Major | - | Minor | Minor | 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 | 0.178667 | 0.188333 | 0.195667 | 0.205333 | 0.212667 | 0.222333 | 0.229667 |
| Camarilla | 0.198325 | 0.199883 | 0.201442 | 0.203000 | 0.204558 | 0.206117 | 0.207675 |
| Woodie | 0.177500 | 0.187750 | 0.194500 | 0.204750 | 0.211500 | 0.221750 | 0.228500 |
| Fibonacci | 0.188333 | 0.194827 | 0.198839 | 0.205333 | 0.211827 | 0.215839 | 0.222333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.137667 | 0.162333 | 0.182667 | 0.207333 | 0.227667 | 0.252333 | 0.272667 |
| Camarilla | 0.190625 | 0.194750 | 0.198875 | 0.203000 | 0.207125 | 0.211250 | 0.215375 |
| Woodie | 0.135500 | 0.161250 | 0.180500 | 0.206250 | 0.225500 | 0.251250 | 0.270500 |
| Fibonacci | 0.162333 | 0.179523 | 0.190143 | 0.207333 | 0.224523 | 0.235143 | 0.252333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.131667 | 0.182333 | 0.216667 | 0.267333 | 0.301667 | 0.352333 | 0.386667 |
| Camarilla | 0.227625 | 0.235417 | 0.243208 | 0.251000 | 0.258792 | 0.266583 | 0.274375 |
| Woodie | 0.123500 | 0.178250 | 0.208500 | 0.263250 | 0.293500 | 0.348250 | 0.378500 |
| Fibonacci | 0.182333 | 0.214803 | 0.234863 | 0.267333 | 0.299803 | 0.319863 | 0.352333 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.19 | |
| MACD (12,26,9): | 0.0013 | |
| Directional Movement: | 19.160931 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.206135 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.202000 | |
| Elder Ray (13): | 0.002077 | |
| Super Trend (3,10): | 0.199315 | |
| Zig ZAG (10): | 0.207000 | |
| VORTEX (21): | 0.9718 | |
| Stochastique (14,3,5): | 47.06 | |
| TEMA (21): | 0.206147 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | 0.008000 | |
| Repulse (5,40,3): | 0.4461 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0976 | |
| Courbe Coppock: | 3.00 |
| MA7: | 0.203286 | |
| MA20: | 0.226200 | |
| MA50: | 0.255280 | |
| MA100: | 0.273400 | |
| MAexp7: | 0.205593 | |
| MAexp20: | 0.203933 | |
| MAexp50: | 0.201643 | |
| MAexp100: | 0.201327 | |
| Price / MA7: | +1.34% | |
| Price / MA20: | -8.93% | |
| Price / MA50: | -19.30% | |
| Price / MA100: | -24.65% | |
| Price / MAexp7: | +0.20% | |
| Price / MAexp20: | +1.01% | |
| Price / MAexp50: | +2.16% | |
| Price / MAexp100: | +2.32% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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