FLOW - FLOW/USD - 1H - Technical analysis published on 07/13/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 0.602429 USD
My targets
0.579400 USD (-1.06%)
0.532500 USD (-9.07%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.602429 USD remains possible. It is advisable to trade FLOW - FLOW/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.602429 USD. The next bearish objective for sellers is set at 0.579400 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.532500 USD. In case of crossing, the next objective would be the support located at 0.510000 USD. PS: if there is a bullish break in the resistance located at 0.602429 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FLOW - FLOW/USD price is 0.585600 USD. The price registered a decrease of -0.14% on the session and was traded between 0.568200 USD and 0.586700 USD over the period. The price is currently at +3.06% from its lowest and -0.19% from its highest.0.568200
0.586700
0.585600
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
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of FLOW - FLOW/USD indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
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
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.510000 | 0.579400 | 0.585600 | 0.589094 | 0.602429 | 0.621380 |
| Change (%) | -12.91% | -1.06% | - | +0.60% | +2.87% | +6.11% |
| Change | -0.075600 | -0.006200 | - | +0.003494 | +0.016829 | +0.035780 |
| Level | Intermediate | Intermediate | - | 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 | 0.550467 | 0.564933 | 0.575667 | 0.590133 | 0.600867 | 0.615333 | 0.626067 |
| Camarilla | 0.579470 | 0.581780 | 0.584090 | 0.586400 | 0.588710 | 0.591020 | 0.593330 |
| Woodie | 0.548600 | 0.564000 | 0.573800 | 0.589200 | 0.599000 | 0.614400 | 0.624200 |
| Fibonacci | 0.564933 | 0.574560 | 0.580507 | 0.590133 | 0.599760 | 0.605707 | 0.615333 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.335000 | 0.462000 | 0.532500 | 0.659500 | 0.730000 | 0.857000 | 0.927500 |
| Camarilla | 0.548688 | 0.566792 | 0.584896 | 0.603000 | 0.621104 | 0.639208 | 0.657313 |
| Woodie | 0.306750 | 0.447875 | 0.504250 | 0.645375 | 0.701750 | 0.842875 | 0.899250 |
| Fibonacci | 0.462000 | 0.537445 | 0.584055 | 0.659500 | 0.734945 | 0.781555 | 0.857000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.075800 | 0.247400 | 0.395200 | 0.566800 | 0.714600 | 0.886200 | 1.034000 |
| Camarilla | 0.455165 | 0.484443 | 0.513722 | 0.543000 | 0.572278 | 0.601557 | 0.630835 |
| Woodie | 0.063900 | 0.241450 | 0.383300 | 0.560850 | 0.702700 | 0.880250 | 1.022100 |
| Fibonacci | 0.247400 | 0.369411 | 0.444789 | 0.566800 | 0.688811 | 0.764189 | 0.886200 |
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): | 48.36 | |
| MACD (12,26,9): | -0.0033 | |
| Directional Movement: | -1.718598 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.576495 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.570166 | |
| Elder Ray (13): | 0.002786 | |
| Super Trend (3,10): | 0.584862 | |
| Zig ZAG (10): | 0.582000 | |
| VORTEX (21): | 0.8627 | |
| Stochastique (14,3,5): | 67.88 | |
| TEMA (21): | 0.576543 | |
| Williams %R (14): | -28.50 | |
| Chande Momentum Oscillator (20): | -0.004400 | |
| Repulse (5,40,3): | 0.5563 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1088 | |
| Courbe Coppock: | 2.59 |
| MA7: | 0.600429 | |
| MA20: | 0.597585 | |
| MA50: | 0.603288 | |
| MA100: | 0.743957 | |
| MAexp7: | 0.579642 | |
| MAexp20: | 0.581333 | |
| MAexp50: | 0.587805 | |
| MAexp100: | 0.596011 | |
| Price / MA7: | -2.47% | |
| Price / MA20: | -2.01% | |
| Price / MA50: | -2.93% | |
| Price / MA100: | -21.29% | |
| Price / MAexp7: | +1.03% | |
| Price / MAexp20: | +0.73% | |
| Price / MAexp50: | -0.38% | |
| Price / MAexp100: | -1.75% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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