FLOW - FLOW/USD - 1H - Technical analysis published on 09/16/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.441900 USD
My targets
0.463233 USD (+1.59%)
0.487167 USD (+6.83%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FLOW - FLOW/USD as long as the price remains well above 0.441900 USD. The buyers' bullish objective is set at 0.463233 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.487167 USD. If there is any crossing, the next objective would be the resistance located at 0.718744 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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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 0.456000 USD. The price registered an increase of +5.56% on the session and was traded between 0.432900 USD and 0.461300 USD over the period. The price is currently at +5.34% from its lowest and -1.15% from its highest.0.432900
0.461300
0.456000
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 - FLOW/USD:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FLOW - FLOW/USD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.430900 | 0.437800 | 0.441900 | 0.456000 | 0.718744 | 0.875520 | 1.069000 |
| Change (%) | -5.50% | -3.99% | -3.09% | - | +57.62% | +92.00% | +134.43% |
| Change | -0.025100 | -0.018200 | -0.014100 | - | +0.262744 | +0.419520 | +0.613000 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.407400 | 0.413200 | 0.422600 | 0.428400 | 0.437800 | 0.443600 | 0.453000 |
| Camarilla | 0.427820 | 0.429213 | 0.430607 | 0.432000 | 0.433393 | 0.434787 | 0.436180 |
| Woodie | 0.409200 | 0.414100 | 0.424400 | 0.429300 | 0.439600 | 0.444500 | 0.454800 |
| Fibonacci | 0.413200 | 0.419006 | 0.422594 | 0.428400 | 0.434206 | 0.437794 | 0.443600 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.400533 | 0.410867 | 0.421433 | 0.431767 | 0.442333 | 0.452667 | 0.463233 |
| Camarilla | 0.426253 | 0.428168 | 0.430084 | 0.432000 | 0.433916 | 0.435832 | 0.437748 |
| Woodie | 0.400650 | 0.410925 | 0.421550 | 0.431825 | 0.442450 | 0.452725 | 0.463350 |
| Fibonacci | 0.410867 | 0.418851 | 0.423783 | 0.431767 | 0.439751 | 0.444683 | 0.452667 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.213033 | 0.320867 | 0.379333 | 0.487167 | 0.545633 | 0.653467 | 0.711933 |
| Camarilla | 0.392068 | 0.407312 | 0.422556 | 0.437800 | 0.453044 | 0.468288 | 0.483533 |
| Woodie | 0.188350 | 0.308525 | 0.354650 | 0.474825 | 0.520950 | 0.641125 | 0.687250 |
| Fibonacci | 0.320867 | 0.384393 | 0.423640 | 0.487167 | 0.550693 | 0.589940 | 0.653467 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 78.69 | |
| MACD (12,26,9): | 0.0055 | |
| Directional Movement: | 52.772204 | |
| AROON (14): | 92.857143 | |
| DEMA (21): | 0.437604 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.427179 | |
| Elder Ray (13): | 0.020122 | |
| Super Trend (3,10): | 0.439579 | |
| Zig ZAG (10): | 0.455800 | |
| VORTEX (21): | 1.3042 | |
| Stochastique (14,3,5): | 85.12 | |
| TEMA (21): | 0.441572 | |
| Williams %R (14): | -14.77 | |
| Chande Momentum Oscillator (20): | 0.031300 | |
| Repulse (5,40,3): | 4.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0748 | |
| Courbe Coppock: | 7.84 |
| MA7: | 0.422514 | |
| MA20: | 0.434390 | |
| MA50: | 0.486156 | |
| MA100: | 0.529642 | |
| MAexp7: | 0.441234 | |
| MAexp20: | 0.431338 | |
| MAexp50: | 0.425517 | |
| MAexp100: | 0.422009 | |
| Price / MA7: | +7.93% | |
| Price / MA20: | +4.97% | |
| Price / MA50: | -6.20% | |
| Price / MA100: | -13.90% | |
| Price / MAexp7: | +3.35% | |
| Price / MAexp20: | +5.72% | |
| Price / MAexp50: | +7.16% | |
| Price / MAexp100: | +8.05% |
Quotes :
-
Real time data
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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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