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.
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
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 registered an increase of +5.06% on the session with the lowest point at 5.70 USDT and the highest point at 6.10 USDT. The deviation from the price is +5.61% for the low point and -1.31% for the high point.5.70
6.10
6.02
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of FLOW - DAPPER LABS - FLOW/USDT indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. 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
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these 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
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
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 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): | 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
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