FLOW - FLOW/USD - 1H - Technical analysis published on 04/27/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.942270 USD
My targets
0.864983 USD (-4.20%)
0.846859 USD (-6.20%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.942270 USD remains possible. It is advisable to trade FLOW - FLOW/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.942270 USD. The next bearish objective for sellers is set at 0.864983 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.846859 USD. In case of crossing, the next objective would be the support located at 0.800064 USD. PS: if there is a bullish break in the resistance located at 0.942270 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
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
0.4
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Additional analysis
Quotes
FLOW - FLOW/USD rating 0.902871 USD. On the day, this instrument lost -0.06% and was traded between 0.870352 USD and 0.913808 USD over the period. The price is currently at +3.74% from its lowest and -1.20% from its highest.0.870352
0.913808
0.902871
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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 this 1H chart of FLOW - FLOW/USD indicates that the overall trend is bearish. 71.43% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
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 | 0.846859 | 0.864983 | 0.900274 | 0.902871 | 0.942270 | 0.972332 | 0.995711 |
| Change (%) | -6.20% | -4.20% | -0.29% | - | +4.36% | +7.69% | +10.28% |
| Change | -0.056012 | -0.037888 | -0.002597 | - | +0.039399 | +0.069461 | +0.092840 |
| Level | Major | Minor | Major | - | Intermediate | Minor | Minor |
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 | 0.862199 | 0.880898 | 0.892162 | 0.910861 | 0.922125 | 0.940824 | 0.952088 |
| Camarilla | 0.895187 | 0.897934 | 0.900680 | 0.903427 | 0.906174 | 0.908920 | 0.911667 |
| Woodie | 0.858483 | 0.879039 | 0.888446 | 0.909002 | 0.918409 | 0.938965 | 0.948372 |
| Fibonacci | 0.880898 | 0.892344 | 0.899415 | 0.910861 | 0.922307 | 0.929378 | 0.940824 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.667001 | 0.733533 | 0.838438 | 0.904970 | 1.009875 | 1.076407 | 1.181312 |
| Camarilla | 0.896199 | 0.911914 | 0.927629 | 0.943344 | 0.959059 | 0.974774 | 0.990489 |
| Woodie | 0.686189 | 0.743126 | 0.857626 | 0.914563 | 1.029063 | 1.086000 | 1.200500 |
| Fibonacci | 0.733533 | 0.799022 | 0.839481 | 0.904970 | 0.970459 | 1.010918 | 1.076407 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.552603 | 0.846352 | 1.095524 | 1.389273 | 1.638445 | 1.932194 | 2.181366 |
| Camarilla | 1.195393 | 1.245161 | 1.294928 | 1.344696 | 1.394464 | 1.444232 | 1.493999 |
| Woodie | 0.530315 | 0.835208 | 1.073236 | 1.378129 | 1.616157 | 1.921050 | 2.159078 |
| Fibonacci | 0.846352 | 1.053748 | 1.181877 | 1.389273 | 1.596669 | 1.724798 | 1.932194 |
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): | 53.28 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | 0.573481 | |
| AROON (14): | 57.142858 | |
| DEMA (21): | 0.896723 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.884152 | |
| Elder Ray (13): | 0.004093 | |
| Super Trend (3,10): | 0.878835 | |
| Zig ZAG (10): | 0.902902 | |
| VORTEX (21): | 1.1774 | |
| Stochastique (14,3,5): | 73.59 | |
| TEMA (21): | 0.902298 | |
| Williams %R (14): | -30.76 | |
| Chande Momentum Oscillator (20): | 0.021877 | |
| Repulse (5,40,3): | 0.0739 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0488 | |
| Courbe Coppock: | 3.28 |
| MA7: | 0.928354 | |
| MA20: | 0.980281 | |
| MA50: | 1.197072 | |
| MA100: | 1.052688 | |
| MAexp7: | 0.901864 | |
| MAexp20: | 0.898131 | |
| MAexp50: | 0.905536 | |
| MAexp100: | 0.915585 | |
| Price / MA7: | -2.74% | |
| Price / MA20: | -7.90% | |
| Price / MA50: | -24.58% | |
| Price / MA100: | -14.23% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.53% | |
| Price / MAexp50: | -0.29% | |
| Price / MAexp100: | -1.39% |
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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