WRAPPED CENTRIFUGE - WCFG/USD - 1H - Technical analysis published on 11/02/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.289857 USD
My targets
0.302286 USD (+0.76%)
0.315462 USD (+5.15%)
My analysis
The current short-term bullish acceleration on WRAPPED CENTRIFUGE - WCFG/USD should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.289857 USD. Short-term buyers will use the resistance located at 0.302286 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.315462 USD. Crossing this resistance would then open the door for buyers to target 0.357000 USD. Caution, if there is a return to under 0.289857 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6
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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 0.300000 USD. The price has increased by +3.09% since the last closing with the lowest point at 0.291000 USD and the highest point at 0.304000 USD. The deviation from the price is +3.09% for the low point and -1.32% for the high point.0.291000
0.304000
0.300000
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 neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.146000 | 0.271000 | 0.289857 | 0.300000 | 0.302286 | 0.315462 | 0.357000 |
| Change (%) | -51.33% | -9.67% | -3.38% | - | +0.76% | +5.15% | +19.00% |
| Change | -0.154000 | -0.029000 | -0.010143 | - | +0.002286 | +0.015462 | +0.057000 |
| Level | Intermediate | Minor | Intermediate | - | Minor | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.242000 | 0.263000 | 0.277000 | 0.298000 | 0.312000 | 0.333000 | 0.347000 |
| Camarilla | 0.281375 | 0.284583 | 0.287792 | 0.291000 | 0.294208 | 0.297417 | 0.300625 |
| Woodie | 0.238500 | 0.261250 | 0.273500 | 0.296250 | 0.308500 | 0.331250 | 0.343500 |
| Fibonacci | 0.263000 | 0.276370 | 0.284630 | 0.298000 | 0.311370 | 0.319630 | 0.333000 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.175667 | 0.223333 | 0.254667 | 0.302333 | 0.333667 | 0.381333 | 0.412667 |
| Camarilla | 0.264275 | 0.271517 | 0.278758 | 0.286000 | 0.293242 | 0.300483 | 0.307725 |
| Woodie | 0.167500 | 0.219250 | 0.246500 | 0.298250 | 0.325500 | 0.377250 | 0.404500 |
| Fibonacci | 0.223333 | 0.253511 | 0.272155 | 0.302333 | 0.332511 | 0.351155 | 0.381333 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.151667 | 0.211333 | 0.249667 | 0.309333 | 0.347667 | 0.407333 | 0.445667 |
| Camarilla | 0.261050 | 0.270033 | 0.279017 | 0.288000 | 0.296983 | 0.305967 | 0.314950 |
| Woodie | 0.141000 | 0.206000 | 0.239000 | 0.304000 | 0.337000 | 0.402000 | 0.435000 |
| Fibonacci | 0.211333 | 0.248769 | 0.271897 | 0.309333 | 0.346769 | 0.369897 | 0.407333 |
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): | 59.48 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 23.208685 | |
| AROON (14): | 64.285714 | |
| DEMA (21): | 0.296737 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.313695 | |
| Elder Ray (13): | 0.004212 | |
| Super Trend (3,10): | 0.288942 | |
| Zig ZAG (10): | 0.301000 | |
| VORTEX (21): | 1.1429 | |
| Stochastique (14,3,5): | 68.18 | |
| TEMA (21): | 0.299023 | |
| Williams %R (14): | -21.43 | |
| Chande Momentum Oscillator (20): | 0.007000 | |
| Repulse (5,40,3): | 0.9722 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0247 | |
| Courbe Coppock: | 3.44 |
| MA7: | 0.299286 | |
| MA20: | 0.313000 | |
| MA50: | 0.335840 | |
| MA100: | 0.349380 | |
| MAexp7: | 0.297961 | |
| MAexp20: | 0.295321 | |
| MAexp50: | 0.295504 | |
| MAexp100: | 0.297184 | |
| Price / MA7: | +0.24% | |
| Price / MA20: | -4.15% | |
| Price / MA50: | -10.67% | |
| Price / MA100: | -14.13% | |
| Price / MAexp7: | +0.68% | |
| Price / MAexp20: | +1.58% | |
| Price / MAexp50: | +1.52% | |
| Price / MAexp100: | +0.95% |
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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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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