- សញ្ញាសម្ងាត់បានបង្ហាញពីសកម្មភាពធ្លាក់ចុះនៅក្នុងវគ្គមុនៗ។
- FLOW token is trading below the demand zone on the daily time frame.
The FLOW token is trading in a long term downtrend with bears pushing down the price and forming lower highs and lower lows on the daily time frame. Bulls tried to regain control but the bears were strong enough to hold them.
FLOW token on the daily chart
The token is trading below the demand zone on the daily time frame and is facing rejection. As we can see on the daily chart, ហូរ token is currently trading at $1.005 with a loss of -2.20% in the past 24 hours. The token is finding support at the 50 EMA and is trading between its key Moving Averages which are 50 EMA and 200 EMA. (Red line is 50 EMA and the blue line is 200 EMA). To continue the uptrend the token needs to break above the demand zone with strong bullish momentum.
សន្ទស្សន៍កម្លាំងទាក់ទង៖ The RSI curve of the asset is currently trading at 49.07 just below the halfway mark of the 50 point line. The decline in the token’s price has led the value of the RSI curve to decrease. The RSI curve has crossed the 14 SMA downward indicating the token is bearish. If the token falls below the 50 EMA and continues to decline in value then the value of the RSI curve will drop even further.
ទស្សនៈ & ការរំពឹងទុករបស់អ្នកវិភាគ
The token made a double top pattern below the demand zone trying to give a breakout but failed to do so. Investors are advised to hold their buys and wait for the token to break and cross above the demand zone and then buy to get more clarity on the direction of the trend. Whereas, intraday traders have a good opportunity to go short if the token crosses below the 50 EMA and book the profits as per their risk to reward ratio.
According to our current Flow price forecast, the value of Flow is expected to climb by 41.57% by the next few days, reaching $ 1.465427. Our technical indicators indicate that the current sentiment is bearish, with the Fear & Greed Index reading 48. (Neutral). Flow had 15/30 (50%) green days with 8.58% price volatility in the previous 30 days.
កំរិតបច្ចេកទេស
ការគាំទ្រសំខាន់៖ $0.980 & 50 EMA នៅលើតារាងប្រចាំថ្ងៃ។
ការតស៊ូសំខាន់: $1.180 & $1.270
សន្និដ្ឋាន
The token is facing rejection from the demand zone and is forming a bearish chart pattern as per the price action. Investors are advised to wait for a clear indication before acting.
ការមិនទទួលខុសត្រូវ: ទស្សនៈ និងគំនិតដែលសរសេរដោយអ្នកនិពន្ធ ឬមនុស្សណាម្នាក់ដែលមានឈ្មោះក្នុងអត្ថបទនេះគឺសម្រាប់តែគំនិតព័ត៌មានប៉ុណ្ណោះ ហើយពួកគេមិនបង្កើតហិរញ្ញវត្ថុ ការវិនិយោគ ឬដំបូន្មានផ្សេងទៀតទេ។ ការវិនិយោគលើ ឬជួញដូរទ្រព្យសកម្មគ្រីបតូមកជាមួយហានិភ័យនៃការបាត់បង់ហិរញ្ញវត្ថុ។
Source: https://www.thecoinrepublic.com/2023/02/10/flow-price-analysis-token-forms-double-top-pattern-whats-next/