WRAPPED CENTRIFUGE - WCFG/USD
WRAPPED CENTRIFUGE - WCFG/USD
- USD (-)
- Real time data - Cryptocompare
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Change: -
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Type: Cryptocurrencies
Ticker: WCFGUSD
ISIN:

WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 10/01/2023 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 0.319000 USD
My targets
0.327000 USD (+1.55%)
0.341000 USD (+5.90%)
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 0.319000 USD. The next resistance located at 0.327000 USD is the next bullish target 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 0.341000 USD. After this resistance, buyers could then target 0.371000 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8

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:
Daily Weekly

Additional analysis

Quotes

The WRAPPED CENTRIFUGE - WCFG/USD price is 0.322000 USD. On the day, this instrument gained +4.21% and was between 0.307000 USD and 0.322000 USD. This implies that the price is at +4.89% from its lowest and at 0% from its highest.

0.307000
0.322000
0.322000

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of WRAPPED CENTRIFUGE - WCFG/USD indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

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.

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour


White marubozu

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour


Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.302000 0.311000 0.319000 0.322000 0.327000 0.341000 0.371000
Change (%) -6.21% -3.42% -0.93% - +1.55% +5.90% +15.22%
Change -0.020000 -0.011000 -0.003000 - +0.005000 +0.019000 +0.049000
Level Minor Minor Intermediate - Intermediate Minor Major



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
Standard0.2860000.2930000.3010000.3080000.3160000.3230000.331000
Camarilla0.3048750.3062500.3076250.3090000.3103750.3117500.313125
Woodie0.2865000.2932500.3015000.3082500.3165000.3232500.331500
Fibonacci0.2930000.2987300.3022700.3080000.3137300.3172700.323000


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2383330.2596670.2843330.3056670.3303330.3516670.376333
Camarilla0.2963500.3005670.3047830.3090000.3132170.3174330.321650
Woodie0.2400000.2605000.2860000.3065000.3320000.3525000.378000
Fibonacci0.2596670.2772390.2880950.3056670.3232390.3340950.351667


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1183330.1636670.2363330.2816670.3543330.3996670.472333
Camarilla0.2765500.2873670.2981830.3090000.3198170.3306330.341450
Woodie0.1320000.1705000.2500000.2885000.3680000.4065000.486000
Fibonacci0.1636670.2087430.2365910.2816670.3267430.3545910.399667

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): 68.97
MACD (12,26,9): 0.0008
Directional Movement: 18.019216
AROON (14): 92.857143
DEMA (21): 0.311835
Parabolic SAR (0,02-0,02-0,2): 0.303259
Elder Ray (13): 0.007958
Super Trend (3,10): 0.310746
Zig ZAG (10): 0.320000
VORTEX (21): 1.1364
Stochastique (14,3,5): 92.31
TEMA (21): 0.313564
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.013000
Repulse (5,40,3): 2.6878
ROCnROLL: 1
TRIX (15,9): -0.0328
Courbe Coppock: 2.45
MA7: 0.308429
MA20: 0.279500
MA50: 0.255760
MA100: 0.276780
MAexp7: 0.313860
MAexp20: 0.310559
MAexp50: 0.311299
MAexp100: 0.309967
Price / MA7: +4.40%
Price / MA20: +15.21%
Price / MA50: +25.90%
Price / MA100: +16.34%
Price / MAexp7: +2.59%
Price / MAexp20: +3.68%
Price / MAexp50: +3.44%
Price / MAexp100: +3.88%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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