FLAMINGO - FLM/USDT

- USDT (-)

- Real time data - Cryptocompare

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Type:	Cryptocurrencies
Ticker:	FLMUSDT
ISIN:

FLAMINGO - FLM/USDT - Daily - Technical analysis published on 04/16/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

67%

17%

My opinion

Bearish under 0.095687 USDT

My targets

0.088878 USDT (-4.10%)

0.072230 USDT (-22.07%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FLAMINGO - FLM/USDT as long as the price remains well below 0.095687 USDT. The sellers' bearish objective is set at 0.088878 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.072230 USDT. In case of crossing, the next objective would be the support located at 0.063207 USDT.

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

4.8

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 mh572. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FLAMINGO - FLM/USDT rating is 0.092680 USDT. The price is lower by -1.21% since the last closing and was between 0.087400 USDT and 0.094660 USDT. This implies that the price is at +6.04% from its lowest and at -2.09% from its highest.

0.087400

0.094660

0.092680

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of FLAMINGO - FLM/USDT in Daily shows an overall bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Daily

In fact, 12 technical indicators on 18 studied are currently positioned bearish. 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 found no further results concerning independent technical indicators.

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

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.063207	0.072230	0.088878	0.092680	0.095687	0.112465	0.123375
Change (%)	-31.80%	-22.07%	-4.10%	-	+3.24%	+21.35%	+33.12%
Change	-0.029473	-0.020450	-0.003802	-	+0.003007	+0.019785	+0.030695
Level	Minor	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.068004	0.078206	0.086010	0.096212	0.104016	0.114218	0.122022
Camarilla	0.088862	0.090513	0.092164	0.093814	0.095465	0.097115	0.098766
Woodie	0.066805	0.077607	0.084811	0.095613	0.102817	0.113619	0.120823
Fibonacci	0.078206	0.085084	0.089334	0.096212	0.103090	0.107340	0.114218

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.020822	0.030444	0.061222	0.112488	0.143266	0.194532	0.225310
Camarilla	0.069438	0.076959	0.084479	0.092000	0.099521	0.107041	0.114562
Woodie	-0.031066	0.025322	0.050978	0.107366	0.133022	0.189410	0.215066
Fibonacci	0.030444	0.061785	0.081147	0.112488	0.143829	0.163191	0.194532

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.035714	0.062725	0.097504	0.124515	0.159294	0.186305	0.221084
Camarilla	0.115291	0.120955	0.126619	0.132283	0.137947	0.143611	0.149275
Woodie	0.039598	0.064667	0.101388	0.126457	0.163178	0.188247	0.224968
Fibonacci	0.062725	0.086329	0.100911	0.124515	0.148119	0.162701	0.186305

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):	40.10
MACD (12,26,9):	-0.0052
Directional Movement:	-8.722561
AROON (14):	-7.142858
DEMA (21):	0.112427
Parabolic SAR (0,02-0,02-0,2):	0.157322
Elder Ray (13):	-0.022541
Super Trend (3,10):	0.146602
Zig ZAG (10):	0.093425
VORTEX (21):	0.8897
Stochastique (14,3,5):	17.06
TEMA (21):	0.104512
Williams %R (14):	-85.56
Chande Momentum Oscillator (20):	-0.023726
Repulse (5,40,3):	-12.3264
ROCnROLL:	2
TRIX (15,9):	-0.0401
Courbe Coppock:	22.97

MA7:	0.111456
MA20:	0.121438
MA50:	0.121514
MA100:	0.102121
MAexp7:	0.106156
MAexp20:	0.116931
MAexp50:	0.115939
MAexp100:	0.107820
Price / MA7:	-16.85%
Price / MA20:	-23.68%
Price / MA50:	-23.73%
Price / MA100:	-9.24%
Price / MAexp7:	-12.69%
Price / MAexp20:	-20.74%
Price / MAexp50:	-20.06%
Price / MAexp100:	-14.04%

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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