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 03/24/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

17%

My opinion

Bullish above 5.63 USDT

My targets

6.59 USDT (+4.27%)

6.94 USDT (+9.76%)

My analysis

The current short-term bullish acceleration on FLOW - DAPPER LABS - FLOW/USDT should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 5.63 USDT. Short-term buyers will use the resistance located at 6.59 USDT as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 6.94 USDT. Crossing this resistance would then open the door for buyers to target 8.48 USDT. Caution, if there is a return to under 5.63 USDT, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

3.8

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 rating is 6.32 USDT. The price has increased by +0.64% since the last closing with the lowest point at 6.21 USDT and the highest point at 6.53 USDT. The deviation from the price is +1.77% for the low point and -3.22% for the high point.

6.21

6.53

6.32

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of FLOW - DAPPER LABS - FLOW/USDT indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	5.23	6.32	8.48	11.83	15.07
Change (%)	-17.25%	-	+34.18%	+87.18%	+138.45%
Change	-1.09	-	+2.16	+5.51	+8.75
Level	Major	-	Minor	Minor	Intermediate

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	5.75	5.86	6.07	6.18	6.39	6.50	6.71
Camarilla	6.19	6.22	6.25	6.28	6.31	6.34	6.37
Woodie	5.80	5.89	6.12	6.21	6.44	6.53	6.76
Fibonacci	5.86	5.98	6.06	6.18	6.30	6.38	6.50

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.54	4.83	5.34	5.63	6.14	6.43	6.94
Camarilla	5.62	5.69	5.77	5.84	5.91	5.99	6.06
Woodie	4.64	4.89	5.44	5.69	6.24	6.49	7.04
Fibonacci	4.83	5.14	5.33	5.63	5.94	6.13	6.43

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	59.40
MACD (12,26,9):	0.0200
Directional Movement:	9.19
AROON (14):	64.29
DEMA (21):	5.85
Parabolic SAR (0,02-0,02-0,2):	5.29
Elder Ray (13):	0.45
Super Trend (3,10):	6.53
Zig ZAG (10):	6.35
VORTEX (21):	1.0400
Stochastique (14,3,5):	87.55
TEMA (21):	6.06
Williams %R (14):	-13.45
Chande Momentum Oscillator (20):	0.80
Repulse (5,40,3):	4.0700
ROCnROLL:	-1
TRIX (15,9):	-0.2700
Courbe Coppock:	10.86

MA7:	6.02
MA20:	5.75
MA50:	6.22
MA100:	6.92
MAexp7:	6.06
MAexp20:	5.90
MAexp50:	6.23
MAexp100:	7.53
Price / MA7:	+4.98%
Price / MA20:	+9.91%
Price / MA50:	+1.61%
Price / MA100:	-8.67%
Price / MAexp7:	+4.29%
Price / MAexp20:	+7.12%
Price / MAexp50:	+1.44%
Price / MAexp100:	-16.07%

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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