FLOW - FLOW/USDT - Daily - Technical analysis published on 03/17/2022 (GMT)
- 212
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
28%
39%
My opinion
Bearish under 6.59 USDT
My targets
5.21 USDT (-7.46%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FLOW - DAPPER LABS - FLOW/USDT as long as the price remains well below 6.59 USDT. The sellers' bearish objective is set at 5.21 USDT. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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
FLOW - DAPPER LABS - FLOW/USDT rating 5.63 USDT. On the day, this instrument gained +1.99% and was between 5.47 USDT and 5.79 USDT. This implies that the price is at +2.93% from its lowest and at -2.76% from its highest.5.47
5.79
5.63
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FLOW - DAPPER LABS - FLOW/USDT:
Abnormal volumes
Timeframe : 50 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 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
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
MACD crosses UP its Moving Average
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 | 5.63 | 8.35 | 15.07 | 20.58 |
Change (%) | -7.46% | - | +48.31% | +167.67% | +265.54% |
Change | -0.42 | - | +2.72 | +9.44 | +14.95 |
Level | Major | - | Intermediate | 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 | 4.96 | 5.07 | 5.30 | 5.41 | 5.64 | 5.75 | 5.98 |
Camarilla | 5.43 | 5.46 | 5.49 | 5.52 | 5.55 | 5.58 | 5.61 |
Woodie | 5.01 | 5.10 | 5.35 | 5.44 | 5.69 | 5.78 | 6.03 |
Fibonacci | 5.07 | 5.20 | 5.28 | 5.41 | 5.54 | 5.62 | 5.75 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.64 | 5.04 | 5.30 | 5.70 | 5.96 | 6.36 | 6.62 |
Camarilla | 5.37 | 5.43 | 5.49 | 5.55 | 5.61 | 5.67 | 5.73 |
Woodie | 4.56 | 5.01 | 5.22 | 5.67 | 5.88 | 6.33 | 6.54 |
Fibonacci | 5.04 | 5.30 | 5.45 | 5.70 | 5.96 | 6.11 | 6.36 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 46.59 | |
MACD (12,26,9): | -0.2300 | |
Directional Movement: | -3.00 | |
AROON (14): | -85.71 | |
DEMA (21): | 5.42 | |
Parabolic SAR (0,02-0,02-0,2): | 6.39 | |
Elder Ray (13): | 0.01 | |
Super Trend (3,10): | 6.53 | |
Zig ZAG (10): | 5.65 | |
VORTEX (21): | 1.0900 | |
Stochastique (14,3,5): | 28.65 | |
TEMA (21): | 5.43 | |
Williams %R (14): | -53.30 | |
Chande Momentum Oscillator (20): | -0.17 | |
Repulse (5,40,3): | 5.0100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.5500 | |
Courbe Coppock: | 15.58 |
MA7: | 5.47 | |
MA20: | 5.77 | |
MA50: | 6.25 | |
MA100: | 7.14 | |
MAexp7: | 5.54 | |
MAexp20: | 5.73 | |
MAexp50: | 6.29 | |
MAexp100: | 7.73 | |
Price / MA7: | +2.93% | |
Price / MA20: | -2.43% | |
Price / MA50: | -9.92% | |
Price / MA100: | -21.15% | |
Price / MAexp7: | +1.62% | |
Price / MAexp20: | -1.75% | |
Price / MAexp50: | -10.49% | |
Price / MAexp100: | -27.17% |
Quotes :
-
Real time data
-
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…
Add a comment
Comments
0 comments on the analysis FLOW - FLOW/USDT - Daily