FLOW - FLOW/USDT

- USDT (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	FLOWUSDT
ISIN:

FLOW - FLOW/USDT - Daily - Technical analysis published on 12/10/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 10.55 USDT

My targets

8.71 USDT (-8.22%)

7.12 USDT (-24.97%)

My analysis

The bearish trend is currently very strong for FLOW - DAPPER LABS - FLOW/USDT. As long as the price remains below the resistance at 10.55 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 8.71 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 7.12 USDT as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.7

Comment on the analysis

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 finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FLOW - DAPPER LABS - FLOW/USDT price is 9.49 USDT. The price has increased by +2.60% since the last closing and was traded between 9.14 USDT and 9.55 USDT over the period. The price is currently at +3.83% from its lowest and -0.63% from its highest.

9.14

9.55

9.49

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this Daily chart of FLOW - DAPPER LABS - FLOW/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	7.12	8.71	9.49	11.74	15.04	24.29
Change (%)	-24.97%	-8.22%	-	+23.71%	+58.48%	+155.95%
Change	-2.37	-0.78	-	+2.25	+5.55	+14.80
Level	Major	Intermediate	-	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	8.01	8.62	8.94	9.55	9.87	10.48	10.80
Camarilla	8.99	9.08	9.17	9.25	9.34	9.42	9.51
Woodie	7.86	8.55	8.79	9.48	9.72	10.41	10.65
Fibonacci	8.62	8.98	9.20	9.55	9.91	10.13	10.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.87	6.31	8.12	10.56	12.37	14.81	16.62
Camarilla	8.75	9.14	9.53	9.92	10.31	10.70	11.09
Woodie	3.55	6.15	7.80	10.40	12.05	14.65	16.30
Fibonacci	6.31	7.94	8.94	10.56	12.19	13.19	14.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.03	8.72	10.55	13.24	15.07	17.76	19.59
Camarilla	11.15	11.56	11.98	12.39	12.80	13.22	13.63
Woodie	5.61	8.51	10.13	13.03	14.65	17.55	19.17
Fibonacci	8.72	10.44	11.51	13.24	14.96	16.03	17.76

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):	33.84
MACD (12,26,9):	-1.0300
Directional Movement:	-13.93
AROON (14):	-71.43
DEMA (21):	9.85
Parabolic SAR (0,02-0,02-0,2):	12.78
Elder Ray (13):	-1.23
Super Trend (3,10):	12.35
Zig ZAG (10):	9.44
VORTEX (21):	0.9000
Stochastique (14,3,5):	19.22
TEMA (21):	9.48
Williams %R (14):	-81.41
Chande Momentum Oscillator (20):	-2.87
Repulse (5,40,3):	-6.0600
ROCnROLL:	2
TRIX (15,9):	-0.8900
Courbe Coppock:	44.82

MA7:	9.66
MA20:	11.59
MA50:	12.64
MA100:	15.81
MAexp7:	9.94
MAexp20:	11.13
MAexp50:	12.82
MAexp100:	14.84
Price / MA7:	-1.76%
Price / MA20:	-18.12%
Price / MA50:	-24.92%
Price / MA100:	-39.97%
Price / MAexp7:	-4.53%
Price / MAexp20:	-14.73%
Price / MAexp50:	-25.98%
Price / MAexp100:	-36.05%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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