WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 08/05/2023 (GMT)
- 203
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.317000 USD
My targets
0.328000 USD (+0.92%)
0.337000 USD (+3.69%)
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 0.317000 USD. The next resistance located at 0.328000 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 0.337000 USD. After this resistance, buyers could then target 0.352000 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
8.4
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 WRAPPED CENTRIFUGE - WCFG/USD rating is 0.325000 USD. The price registered an increase of +4.84% on the session and was between 0.310000 USD and 0.325000 USD. This implies that the price is at +4.84% from its lowest and at 0% from its highest.0.310000
0.325000
0.325000
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 this 1H chart of WRAPPED CENTRIFUGE - WCFG/USD indicates that the overall trend is strongly bullish. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.292000 | 0.309000 | 0.317000 | 0.325000 | 0.328000 | 0.337000 | 0.352000 |
| Change (%) | -10.15% | -4.92% | -2.46% | - | +0.92% | +3.69% | +8.31% |
| Change | -0.033000 | -0.016000 | -0.008000 | - | +0.003000 | +0.012000 | +0.027000 |
| Level | Intermediate | Minor | Minor | - | Minor | Intermediate | 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 | 0.241667 | 0.265333 | 0.287667 | 0.311333 | 0.333667 | 0.357333 | 0.379667 |
| Camarilla | 0.297350 | 0.301567 | 0.305783 | 0.310000 | 0.314217 | 0.318433 | 0.322650 |
| Woodie | 0.241000 | 0.265000 | 0.287000 | 0.311000 | 0.333000 | 0.357000 | 0.379000 |
| Fibonacci | 0.265333 | 0.282905 | 0.293761 | 0.311333 | 0.328905 | 0.339761 | 0.357333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.194333 | 0.228667 | 0.259333 | 0.293667 | 0.324333 | 0.358667 | 0.389333 |
| Camarilla | 0.272125 | 0.278083 | 0.284042 | 0.290000 | 0.295958 | 0.301917 | 0.307875 |
| Woodie | 0.192500 | 0.227750 | 0.257500 | 0.292750 | 0.322500 | 0.357750 | 0.387500 |
| Fibonacci | 0.228667 | 0.253497 | 0.268837 | 0.293667 | 0.318497 | 0.333837 | 0.358667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.094667 | 0.176333 | 0.236667 | 0.318333 | 0.378667 | 0.460333 | 0.520667 |
| Camarilla | 0.257950 | 0.270967 | 0.283983 | 0.297000 | 0.310017 | 0.323033 | 0.336050 |
| Woodie | 0.084000 | 0.171000 | 0.226000 | 0.313000 | 0.368000 | 0.455000 | 0.510000 |
| Fibonacci | 0.176333 | 0.230577 | 0.264089 | 0.318333 | 0.372577 | 0.406089 | 0.460333 |
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): | 65.35 | |
| MACD (12,26,9): | 0.0062 | |
| Directional Movement: | 34.960620 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.317564 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.306912 | |
| Elder Ray (13): | 0.007106 | |
| Super Trend (3,10): | 0.301177 | |
| Zig ZAG (10): | 0.320000 | |
| VORTEX (21): | 1.0966 | |
| Stochastique (14,3,5): | 62.81 | |
| TEMA (21): | 0.320359 | |
| Williams %R (14): | -38.46 | |
| Chande Momentum Oscillator (20): | 0.013000 | |
| Repulse (5,40,3): | 1.6928 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2781 | |
| Courbe Coppock: | 12.04 |
| MA7: | 0.299000 | |
| MA20: | 0.295000 | |
| MA50: | 0.283460 | |
| MA100: | 0.246910 | |
| MAexp7: | 0.316331 | |
| MAexp20: | 0.308338 | |
| MAexp50: | 0.300241 | |
| MAexp100: | 0.295137 | |
| Price / MA7: | +8.70% | |
| Price / MA20: | +10.17% | |
| Price / MA50: | +14.65% | |
| Price / MA100: | +31.63% | |
| Price / MAexp7: | +2.74% | |
| Price / MAexp20: | +5.40% | |
| Price / MAexp50: | +8.25% | |
| Price / MAexp100: | +10.12% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis WRAPPED CENTRIFUGE - WCFG/USD - 1H