FLOW - FLOW/USDT - Daily - Technical analysis published on 03/09/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 6.59 USDT
My targets
5.21 USDT (-13.46%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on FLOW - DAPPER LABS - FLOW/USDT. As long as you are under the resistance located at 6.59 USDT, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 5.21 USDT would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. If the resistance 6.59 USDT were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2
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This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FLOW - DAPPER LABS - FLOW/USDT rating 6.02 USDT. The price has increased by +5.06% since the last closing and was between 5.70 USDT and 6.10 USDT. This implies that the price is at +5.61% from its lowest and at -1.31% from its highest.5.70
6.10
6.02
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this FLOW - DAPPER LABS - FLOW/USDT chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 5.21 | 6.02 | 8.35 | 15.07 | 20.58 |
| Change (%) | -13.46% | - | +38.70% | +150.33% | +241.86% |
| Change | -0.81 | - | +2.33 | +9.05 | +14.56 |
| Level | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.31 | 5.45 | 5.59 | 5.73 | 5.87 | 6.01 | 6.15 |
| Camarilla | 5.65 | 5.68 | 5.70 | 5.73 | 5.76 | 5.78 | 5.81 |
| Woodie | 5.31 | 5.45 | 5.59 | 5.73 | 5.87 | 6.01 | 6.15 |
| Fibonacci | 5.45 | 5.56 | 5.62 | 5.73 | 5.84 | 5.90 | 6.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.83 | 4.63 | 5.23 | 6.03 | 6.63 | 7.43 | 8.03 |
| Camarilla | 5.44 | 5.56 | 5.69 | 5.82 | 5.95 | 6.08 | 6.21 |
| Woodie | 3.72 | 4.58 | 5.12 | 5.98 | 6.52 | 7.38 | 7.92 |
| Fibonacci | 4.63 | 5.17 | 5.50 | 6.03 | 6.57 | 6.90 | 7.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.28 | 2.46 | 4.41 | 6.59 | 8.54 | 10.72 | 12.67 |
| Camarilla | 5.22 | 5.60 | 5.98 | 6.36 | 6.74 | 7.12 | 7.50 |
| Woodie | 0.17 | 2.40 | 4.30 | 6.53 | 8.43 | 10.66 | 12.56 |
| Fibonacci | 2.46 | 4.04 | 5.01 | 6.59 | 8.17 | 9.14 | 10.72 |
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): | 48.40 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | -3.84 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 5.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.45 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 7.14 | |
| Zig ZAG (10): | 6.01 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 52.11 | |
| TEMA (21): | 5.73 | |
| Williams %R (14): | -38.05 | |
| Chande Momentum Oscillator (20): | 0.32 | |
| Repulse (5,40,3): | 2.6600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.5200 | |
| Courbe Coppock: | 4.12 |
| MA7: | 5.78 | |
| MA20: | 5.84 | |
| MA50: | 6.26 | |
| MA100: | 7.57 | |
| MAexp7: | 5.84 | |
| MAexp20: | 6.01 | |
| MAexp50: | 6.58 | |
| MAexp100: | 8.07 | |
| Price / MA7: | +4.15% | |
| Price / MA20: | +3.08% | |
| Price / MA50: | -3.83% | |
| Price / MA100: | -20.48% | |
| Price / MAexp7: | +3.08% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | -8.51% | |
| Price / MAexp100: | -25.40% |
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.
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