Freelancer

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Seller commitment has continued for Freelancer adding strength to an downtrend in the first timeframe

Seller commitment has continued for Freelancer adding strength to an downtrend in the first timeframe

[BEARISH]: Freelancer sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Freelancer adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 3 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the closing price in the lower range giving a confirmation ratio of 21.4%. Currently this quarter, closing price has spent 3 days in the lower price range compared to 1 days in the upper range giving a ratio of 3x.

Freelancer: 0.618 Fibonacci Fan ($0)

Freelancer: The current Fibonacci Fan levels are: (23.61%) $0: (38.2%) $0: (50%) $0: (61.8%) $0The current support levels are: (78.6%) $0: (100%) $0: (138.2%) $0: (161.8%) $0: (261.8%) $0: (423.61%) $0

Freelancer currently has negative momentum of -0.01

[BEARISH]: Freelancer currently has negative momentum of -0.01 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.8%.The largest downward momentum rally for the last 3 months is 2 days producing a return of -1.8%.

Closing price for FLN ($0.825) signals sellers are still keener than buyers

Closing price for FLN ($0.825) signals sellers are still keener than buyers

[BEARISH]: Freelancersellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for FLN adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -2.4 & the greatest daily negative change this year has been -8.6. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -16.4%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -10.1%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.5x. Over the last month the average daily downward movement has been -1.200000%

Freelancer: Buyers have lost control.

[BEARISH]: Freelancer opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 0%. This suggests the buyers have lost control. Over the last 12 months there has been 3 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 21.4%.

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