FLOW - FLOW/USD - Daily - Technical analysis published on 08/29/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 2.12 USD
My targets
1.50 USD (-22.84%)
1.27 USD (-34.54%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FLOW - DAPPER LABS - FLOW/USD as long as the price remains well below 2.12 USD. The sellers' bearish objective is set at 1.50 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.27 USD.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FLOW - DAPPER LABS - FLOW/USD rating 1.94 USD. The price has increased by +14.79% since the last closing and was between 1.67 USD and 2.06 USD. This implies that the price is at +16.17% from its lowest and at -5.83% from its highest.1.67
2.06
1.94
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of FLOW - DAPPER LABS - FLOW/USD in Daily shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of triangle
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.27 | 1.94 | 2.12 | 3.06 | 5.24 |
| Change (%) | -34.54% | - | +9.28% | +57.73% | +170.10% |
| Change | -0.67 | - | +0.18 | +1.12 | +3.30 |
| Level | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.46 | 1.56 | 1.63 | 1.73 | 1.80 | 1.90 | 1.97 |
| Camarilla | 1.64 | 1.66 | 1.67 | 1.69 | 1.71 | 1.72 | 1.74 |
| Woodie | 1.44 | 1.55 | 1.61 | 1.72 | 1.78 | 1.89 | 1.95 |
| Fibonacci | 1.56 | 1.63 | 1.67 | 1.73 | 1.80 | 1.84 | 1.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.22 | 1.51 | 1.66 | 1.95 | 2.10 | 2.39 | 2.54 |
| Camarilla | 1.70 | 1.74 | 1.78 | 1.82 | 1.86 | 1.90 | 1.94 |
| Woodie | 1.16 | 1.48 | 1.60 | 1.92 | 2.04 | 2.36 | 2.48 |
| Fibonacci | 1.51 | 1.68 | 1.78 | 1.95 | 2.12 | 2.22 | 2.39 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.99 | |
| MACD (12,26,9): | -0.1300 | |
| Directional Movement: | -8.40 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 2.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.34 | |
| Elder Ray (13): | -0.28 | |
| Super Trend (3,10): | 2.41 | |
| Zig ZAG (10): | 1.91 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 9.10 | |
| TEMA (21): | 1.87 | |
| Williams %R (14): | -73.06 | |
| Chande Momentum Oscillator (20): | -0.59 | |
| Repulse (5,40,3): | 4.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 60.26 |
| MA7: | 1.97 | |
| MA20: | 2.37 | |
| MA50: | 2.12 | |
| MA100: | 2.04 | |
| MAexp7: | 1.97 | |
| MAexp20: | 2.16 | |
| MAexp50: | 2.19 | |
| MAexp100: | 2.54 | |
| Price / MA7: | -1.52% | |
| Price / MA20: | -18.14% | |
| Price / MA50: | -8.49% | |
| Price / MA100: | -4.90% | |
| Price / MAexp7: | -1.52% | |
| Price / MAexp20: | -10.19% | |
| Price / MAexp50: | -11.42% | |
| Price / MAexp100: | -23.62% |
Quotes :
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Real time data
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Cryptocompare
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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