FLAMINGO - FLM/USDT - 1H - Technical analysis published on 05/08/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 0.092841 USDT
My targets
0.089326 USDT (-1.41%)
0.088022 USDT (-2.85%)
My analysis
The bearish trend is currently very strong for FLAMINGO - FLM/USDT. As long as the price remains below the resistance at 0.092841 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.089326 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.088022 USDT as an objective. Crossing it would then enable sellers to target 0.085142 USDT. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by mh572. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FLAMINGO - FLM/USDT price is 0.090604 USDT. The price registered a decrease of -0.67% on the session and was between 0.089226 USDT and 0.091792 USDT. This implies that the price is at +1.54% from its lowest and at -1.29% from its highest.0.089226
0.091792
0.090604
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FLAMINGO - FLM/USDT:
Technical
Technical analysis of this 1H chart of FLAMINGO - FLM/USDT indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.085142 | 0.088022 | 0.089326 | 0.090604 | 0.091100 | 0.092841 | 0.095451 |
| Change (%) | -6.03% | -2.85% | -1.41% | - | +0.55% | +2.47% | +5.35% |
| Change | -0.005462 | -0.002582 | -0.001278 | - | +0.000496 | +0.002237 | +0.004847 |
| Level | Minor | Minor | Minor | - | Intermediate | Intermediate | Major |
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 | 0.084615 | 0.087810 | 0.089510 | 0.092705 | 0.094405 | 0.097600 | 0.099300 |
| Camarilla | 0.089865 | 0.090314 | 0.090762 | 0.091211 | 0.091660 | 0.092108 | 0.092557 |
| Woodie | 0.083869 | 0.087436 | 0.088764 | 0.092331 | 0.093659 | 0.097226 | 0.098554 |
| Fibonacci | 0.087810 | 0.089680 | 0.090835 | 0.092705 | 0.094575 | 0.095730 | 0.097600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.063544 | 0.072630 | 0.083808 | 0.092894 | 0.104072 | 0.113158 | 0.124336 |
| Camarilla | 0.089414 | 0.091272 | 0.093130 | 0.094987 | 0.096845 | 0.098702 | 0.100560 |
| Woodie | 0.064591 | 0.073153 | 0.084855 | 0.093417 | 0.105119 | 0.113681 | 0.125383 |
| Fibonacci | 0.072630 | 0.080371 | 0.085153 | 0.092894 | 0.100635 | 0.105417 | 0.113158 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.023143 | 0.029284 | 0.058901 | 0.111328 | 0.140945 | 0.193372 | 0.222989 |
| Camarilla | 0.065957 | 0.073478 | 0.080998 | 0.088519 | 0.096040 | 0.103560 | 0.111081 |
| Woodie | -0.034547 | 0.023582 | 0.047497 | 0.105626 | 0.129541 | 0.187670 | 0.211585 |
| Fibonacci | 0.029284 | 0.060625 | 0.079987 | 0.111328 | 0.142669 | 0.162031 | 0.193372 |
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): | 42.85 | |
| MACD (12,26,9): | -0.0009 | |
| Directional Movement: | -14.253350 | |
| AROON (14): | -71.428571 | |
| DEMA (21): | 0.090073 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.089226 | |
| Elder Ray (13): | -0.000520 | |
| Super Trend (3,10): | 0.093403 | |
| Zig ZAG (10): | 0.090700 | |
| VORTEX (21): | 0.7874 | |
| Stochastique (14,3,5): | 35.72 | |
| TEMA (21): | 0.089802 | |
| Williams %R (14): | -42.56 | |
| Chande Momentum Oscillator (20): | -0.000012 | |
| Repulse (5,40,3): | 0.8870 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1375 | |
| Courbe Coppock: | 4.47 |
| MA7: | 0.093143 | |
| MA20: | 0.096805 | |
| MA50: | 0.110576 | |
| MA100: | 0.105634 | |
| MAexp7: | 0.090401 | |
| MAexp20: | 0.091216 | |
| MAexp50: | 0.092474 | |
| MAexp100: | 0.093076 | |
| Price / MA7: | -2.73% | |
| Price / MA20: | -6.41% | |
| Price / MA50: | -18.06% | |
| Price / MA100: | -14.23% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | -0.67% | |
| Price / MAexp50: | -2.02% | |
| Price / MAexp100: | -2.66% |
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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