FLOW - FLOW/USD - 1H - Technical analysis published on 08/18/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
11%
28%
My opinion
Bearish under 2.70 USD
My targets
2.54 USD (-3.42%)
2.17 USD (-17.60%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on FLOW - DAPPER LABS - FLOW/USD. As long as you are under the resistance located at 2.70 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 2.54 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 2.17 USD as an objective. Crossing it would then enable sellers to target 1.82 USD. If the resistance 2.70 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.6
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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 FLOW - DAPPER LABS - FLOW/USD rating is 2.63 USD. The price has increased by +2.73% since the last closing and was traded between 2.54 USD and 2.67 USD over the period. The price is currently at +3.54% from its lowest and -1.50% from its highest.2.54
2.67
2.63
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of FLOW - DAPPER LABS - FLOW/USD in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.27 | 1.82 | 2.54 | 2.63 | 2.64 | 2.70 | 2.93 |
| Change (%) | -51.71% | -30.80% | -3.42% | - | +0.38% | +2.66% | +11.41% |
| Change | -1.36 | -0.81 | -0.09 | - | +0.01 | +0.07 | +0.30 |
| Level | Minor | Intermediate | Intermediate | - | Intermediate | Minor | Minor |
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 | 2.29 | 2.41 | 2.49 | 2.61 | 2.69 | 2.81 | 2.89 |
| Camarilla | 2.51 | 2.52 | 2.54 | 2.56 | 2.58 | 2.60 | 2.62 |
| Woodie | 2.26 | 2.40 | 2.46 | 2.60 | 2.66 | 2.80 | 2.86 |
| Fibonacci | 2.41 | 2.49 | 2.54 | 2.61 | 2.69 | 2.74 | 2.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.82 | 2.17 | 2.54 | 2.89 | 3.26 | 3.61 | 3.98 |
| Camarilla | 2.72 | 2.79 | 2.85 | 2.92 | 2.99 | 3.05 | 3.12 |
| Woodie | 1.84 | 2.18 | 2.56 | 2.90 | 3.28 | 3.62 | 4.00 |
| Fibonacci | 2.17 | 2.44 | 2.61 | 2.89 | 3.16 | 3.33 | 3.61 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.77 | 1.07 | 1.50 | 1.80 | 2.23 | 2.53 | 2.96 |
| Camarilla | 1.72 | 1.79 | 1.85 | 1.92 | 1.99 | 2.05 | 2.12 |
| Woodie | 0.83 | 1.10 | 1.56 | 1.83 | 2.29 | 2.56 | 3.02 |
| Fibonacci | 1.07 | 1.35 | 1.52 | 1.80 | 2.08 | 2.25 | 2.53 |
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): | 47.82 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -0.52 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 2.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.54 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 2.67 | |
| Zig ZAG (10): | 2.63 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 56.32 | |
| TEMA (21): | 2.57 | |
| Williams %R (14): | -12.04 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 2.7100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 3.79 |
| MA7: | 2.76 | |
| MA20: | 2.57 | |
| MA50: | 2.03 | |
| MA100: | 2.14 | |
| MAexp7: | 2.59 | |
| MAexp20: | 2.60 | |
| MAexp50: | 2.65 | |
| MAexp100: | 2.72 | |
| Price / MA7: | -4.71% | |
| Price / MA20: | +2.33% | |
| Price / MA50: | +29.56% | |
| Price / MA100: | +22.90% | |
| Price / MAexp7: | +1.54% | |
| Price / MAexp20: | +1.15% | |
| Price / MAexp50: | -0.75% | |
| Price / MAexp100: | -3.31% |
Quotes :
-
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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