FLOW - FLOW/USD - Daily - Technical analysis published on 09/08/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 2.50 USD
My targets
1.93 USD (-3.65%)
1.68 USD (-16.00%)
My analysis
There is a bearish trend on FLOW - DAPPER LABS - FLOW/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 2.50 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 1.93 USD. Then the price could move towards 1.68 USD. Be careful, a return to above the resistance 2.50 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.7
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
FLOW - DAPPER LABS - FLOW/USD rating 2.00 USD. The price registered an increase of +7.53% on the session and was between 1.85 USD and 2.03 USD. This implies that the price is at +8.11% from its lowest and at -1.48% from its highest.1.85
2.03
2.00
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FLOW - DAPPER LABS - FLOW/USD:
Technical
Technical analysis of this Daily chart of FLOW - DAPPER LABS - FLOW/USD indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
White morning star
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 1.68 | 2.00 | 3.06 | 5.26 | 7.78 |
| Change (%) | -16.00% | - | +53.00% | +163.00% | +289.00% |
| Change | -0.32 | - | +1.06 | +3.26 | +5.78 |
| Level | Intermediate | - | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 1.63 | 1.69 | 1.77 | 1.83 | 1.91 | 1.97 | 2.05 |
| Camarilla | 1.82 | 1.83 | 1.85 | 1.86 | 1.87 | 1.89 | 1.90 |
| Woodie | 1.65 | 1.70 | 1.79 | 1.84 | 1.93 | 1.98 | 2.07 |
| Fibonacci | 1.69 | 1.74 | 1.77 | 1.83 | 1.88 | 1.91 | 1.97 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.20 | 1.44 | 1.69 | 1.93 | 2.18 | 2.42 | 2.67 |
| Camarilla | 1.82 | 1.86 | 1.91 | 1.95 | 2.00 | 2.04 | 2.09 |
| Woodie | 1.22 | 1.44 | 1.71 | 1.93 | 2.20 | 2.42 | 2.69 |
| Fibonacci | 1.44 | 1.62 | 1.74 | 1.93 | 2.11 | 2.23 | 2.42 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.86 | 0.40 | 1.24 | 2.50 | 3.34 | 4.60 | 5.44 |
| Camarilla | 1.49 | 1.69 | 1.88 | 2.07 | 2.26 | 2.46 | 2.65 |
| Woodie | -1.08 | 0.30 | 1.02 | 2.40 | 3.12 | 4.50 | 5.22 |
| Fibonacci | 0.40 | 1.21 | 1.70 | 2.50 | 3.31 | 3.80 | 4.60 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 44.30 | |
| MACD (12,26,9): | -0.1100 | |
| Directional Movement: | -5.84 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 1.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.74 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 2.33 | |
| Zig ZAG (10): | 1.95 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 38.17 | |
| TEMA (21): | 1.80 | |
| Williams %R (14): | -39.39 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | 6.9700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7000 | |
| Courbe Coppock: | 13.02 |
| MA7: | 1.92 | |
| MA20: | 1.98 | |
| MA50: | 2.18 | |
| MA100: | 1.97 | |
| MAexp7: | 1.92 | |
| MAexp20: | 2.02 | |
| MAexp50: | 2.11 | |
| MAexp100: | 2.42 | |
| Price / MA7: | +4.17% | |
| Price / MA20: | +1.01% | |
| Price / MA50: | -8.26% | |
| Price / MA100: | +1.52% | |
| Price / MAexp7: | +4.17% | |
| Price / MAexp20: | -0.99% | |
| Price / MAexp50: | -5.21% | |
| Price / MAexp100: | -17.36% |
Quotes :
-
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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