FLARE - FLR/USDT - Daily - Technical analysis published on 01/28/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.020471 USDT
My targets
0.025538 USDT (+9.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FLARE - FLR/USDT as long as the price remains well above 0.020471 USDT. The buyers' bullish objective is set at 0.025538 USDT. A bullish break in this resistance would boost the bullish momentum. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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This analysis was given by MOHAMMED ALAMERI. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FLARE - FLR/USDT price is 0.023298 USDT. The price has increased by +9.24% since the last closing and was between 0.021164 USDT and 0.023361 USDT. This implies that the price is at +10.08% from its lowest and at -0.27% from its highest.0.021164
0.023361
0.023298
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of FLARE - FLR/USDT indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
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
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 0.012539 | 0.015267 | 0.020471 | 0.023298 | 0.023467 |
Change (%) | -46.18% | -34.47% | -12.13% | - | +0.73% |
Change | -0.010759 | -0.008031 | -0.002827 | - | +0.000169 |
Level | Minor | Intermediate | Intermediate | - | Intermediate |
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 | 0.020400 | 0.020752 | 0.021040 | 0.021392 | 0.021680 | 0.022032 | 0.022320 |
Camarilla | 0.021151 | 0.021210 | 0.021268 | 0.021327 | 0.021386 | 0.021444 | 0.021503 |
Woodie | 0.020367 | 0.020736 | 0.021007 | 0.021376 | 0.021647 | 0.022016 | 0.022287 |
Fibonacci | 0.020752 | 0.020997 | 0.021148 | 0.021392 | 0.021637 | 0.021788 | 0.022032 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.016986 | 0.018543 | 0.019935 | 0.021492 | 0.022884 | 0.024441 | 0.025833 |
Camarilla | 0.020516 | 0.020786 | 0.021057 | 0.021327 | 0.021597 | 0.021868 | 0.022138 |
Woodie | 0.016904 | 0.018502 | 0.019853 | 0.021451 | 0.022802 | 0.024400 | 0.025751 |
Fibonacci | 0.018543 | 0.019670 | 0.020366 | 0.021492 | 0.022619 | 0.023315 | 0.024441 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.009959 | 0.012795 | 0.015152 | 0.017988 | 0.020345 | 0.023181 | 0.025538 |
Camarilla | 0.016081 | 0.016557 | 0.017033 | 0.017509 | 0.017985 | 0.018461 | 0.018937 |
Woodie | 0.009720 | 0.012675 | 0.014913 | 0.017868 | 0.020106 | 0.023061 | 0.025299 |
Fibonacci | 0.012795 | 0.014779 | 0.016004 | 0.017988 | 0.019972 | 0.021197 | 0.023181 |
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): | 62.19 | |
MACD (12,26,9): | 0.0012 | |
Directional Movement: | 18.296813 | |
AROON (14): | 21.428572 | |
DEMA (21): | 0.022382 | |
Parabolic SAR (0,02-0,02-0,2): | 0.019601 | |
Elder Ray (13): | 0.000835 | |
Super Trend (3,10): | 0.017124 | |
Zig ZAG (10): | 0.023298 | |
VORTEX (21): | 1.0944 | |
Stochastique (14,3,5): | 70.32 | |
TEMA (21): | 0.022547 | |
Williams %R (14): | -13.33 | |
Chande Momentum Oscillator (20): | 0.001935 | |
Repulse (5,40,3): | 10.1599 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.8986 | |
Courbe Coppock: | 37.36 |
MA7: | 0.021609 | |
MA20: | 0.020641 | |
MA50: | 0.018682 | |
MA100: | 0.015176 | |
MAexp7: | 0.021900 | |
MAexp20: | 0.020839 | |
MAexp50: | 0.018716 | |
MAexp100: | 0.016676 | |
Price / MA7: | +7.82% | |
Price / MA20: | +12.87% | |
Price / MA50: | +24.71% | |
Price / MA100: | +53.52% | |
Price / MAexp7: | +6.38% | |
Price / MAexp20: | +11.80% | |
Price / MAexp50: | +24.48% | |
Price / MAexp100: | +39.71% |
Quotes :
-
Real time data
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