FLOW - FLOW/USD - Daily - Technical analysis published on 07/30/2023 (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
28%
44%
28%
My opinion
Bearish under 0.657500 USD
My targets
0.557250 USD (-6.09%)
0.457000 USD (-22.99%)
My analysis
There is a bearish trend on FLOW - FLOW/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.657500 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.557250 USD. Then the price could move towards 0.457000 USD. Be careful, a return to above the resistance 0.657500 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
4.5
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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 - FLOW/USD rating is 0.593400 USD. On the day, this instrument lost -0.02% and was between 0.581300 USD and 0.606300 USD. This implies that the price is at +2.08% from its lowest and at -2.13% from its highest.0.581300
0.606300
0.593400
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of FLOW - FLOW/USD in Daily shows an overall bearish trend. 75.00% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
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:
Three white soldiers
Type : Bullish
Timeframe : Daily
ProTrendLines
S2
S1
R1
R2
R3
Price
S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.457000 | 0.557250 | 0.593400 | 0.718744 | 0.874844 | 1.253380 |
Change (%) | -22.99% | -6.09% | - | +21.12% | +47.43% | +111.22% |
Change | -0.136400 | -0.036150 | - | +0.125344 | +0.281444 | +0.659980 |
Level | Major | Minor | - | Minor | Minor | Intermediate |
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 | 0.571333 | 0.575767 | 0.584633 | 0.589067 | 0.597933 | 0.602367 | 0.611233 |
Camarilla | 0.589843 | 0.591062 | 0.592281 | 0.593500 | 0.594719 | 0.595938 | 0.597158 |
Woodie | 0.573550 | 0.576875 | 0.586850 | 0.590175 | 0.600150 | 0.603475 | 0.613450 |
Fibonacci | 0.575767 | 0.580847 | 0.583986 | 0.589067 | 0.594147 | 0.597286 | 0.602367 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.502833 | 0.534967 | 0.564233 | 0.596367 | 0.625633 | 0.657767 | 0.687033 |
Camarilla | 0.576615 | 0.582243 | 0.587872 | 0.593500 | 0.599128 | 0.604757 | 0.610385 |
Woodie | 0.501400 | 0.534250 | 0.562800 | 0.595650 | 0.624200 | 0.657050 | 0.685600 |
Fibonacci | 0.534967 | 0.558422 | 0.572912 | 0.596367 | 0.619822 | 0.634312 | 0.657767 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.211100 | 0.325600 | 0.434300 | 0.548800 | 0.657500 | 0.772000 | 0.880700 |
Camarilla | 0.481620 | 0.502080 | 0.522540 | 0.543000 | 0.563460 | 0.583920 | 0.604380 |
Woodie | 0.208200 | 0.324150 | 0.431400 | 0.547350 | 0.654600 | 0.770550 | 0.877800 |
Fibonacci | 0.325600 | 0.410862 | 0.463538 | 0.548800 | 0.634062 | 0.686738 | 0.772000 |
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): | 47.66 | |
MACD (12,26,9): | -0.0039 | |
Directional Movement: | 5.071913 | |
AROON (14): | -57.142857 | |
DEMA (21): | 0.600031 | |
Parabolic SAR (0,02-0,02-0,2): | 0.632781 | |
Elder Ray (13): | -0.006344 | |
Super Trend (3,10): | 0.540614 | |
Zig ZAG (10): | 0.596000 | |
VORTEX (21): | 1.0006 | |
Stochastique (14,3,5): | 24.17 | |
TEMA (21): | 0.597927 | |
Williams %R (14): | -69.73 | |
Chande Momentum Oscillator (20): | -0.041100 | |
Repulse (5,40,3): | 3.2167 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0615 | |
Courbe Coppock: | 7.69 |
MA7: | 0.588757 | |
MA20: | 0.609180 | |
MA50: | 0.574440 | |
MA100: | 0.677397 | |
MAexp7: | 0.595014 | |
MAexp20: | 0.602477 | |
MAexp50: | 0.618121 | |
MAexp100: | 0.682862 | |
Price / MA7: | +0.79% | |
Price / MA20: | -2.59% | |
Price / MA50: | +3.30% | |
Price / MA100: | -12.40% | |
Price / MAexp7: | -0.27% | |
Price / MAexp20: | -1.51% | |
Price / MAexp50: | -4.00% | |
Price / MAexp100: | -13.10% |
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.
About author
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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