The Critical Support LevelFLOW has shown significant growth in its daily trading chart, overcoming previous levels where sellers were dominant.
However, it encountered resistance at a certain point, preventing further price increase. Despite this, the overall daily trend remains positive, as indicated by an upward trendline.
If it breaks below this trendline, its price could drop to a key support level, which is around $0.537. At this price point, we might see a rebound in the price.
This analysis is for informational purposes only and should not be considered as financial advice.
FLOW
Flow (FLOW) Has Experienced an 80% Growth
Since October 15, FLOW has experienced an 80% growth, now hovering near the buyer’s zone at $0.59-$0.63. Despite this increase, the asset hasn’t updated its annual high, suggesting there's still room for further growth.
Should Bitcoin maintain its positive trend, FLOW is expected to follow suit. The immediate target for FLOW is to retest its resistance zone between $0.705 and $0.745, aiming to reach and possibly exceed a local high of around $0.8.
Conversely, in the case of a market correction, FLOW might dip below its current buyer’s zone, potentially nearing the $0.575 level and testing the support range of $0.51-$0.55. However, such a downturn is more likely if BTC falls beneath the $35,000 threshold. Until then, altcoins, including FLOW, retain the potential to reach new price peaks.
FLOW/USDT A Beacon of Bullish Potential ? 💫Flow Today analysis💎Paradisers, spotlight on #FLOWUSDT! Nestled in a fertile demand zone, it's brimming with the potential for a bullish surge. Stay tuned for a possible uptrend, as the market rhythms align.
💎#FLOW's dance with the market has been one of grace elegantly breaking above descending trendlines to soar upwards. Now, it's nestled within a closed channel pattern, harmoniously coupled with the demand zone. This union heralds a substantial opportunity for growth. Aiming high, it sets its sights on resistance at $.745, possibly pirouetting even higher to an audacious $1.072.
💎While market novices may rush to join this dance prematurely, the seasoned Paradisers waltz in with timing and precision. The key to this ballet? Identifying the perfect entry during this anticipated ascent, coupled with the poise to not leap in at the peak.
💎On the counterpoint, a ready stance for a bullish rebound from $.538 is crucial if #Flow temporarily loses its rhythm. But remember, a dip below this point may signal a change in the market's tempo.
💎In this ever-evolving dance of the market, a strategic mind and decisive action are your best partners. Choreographing a comprehensive trading strategy, infused with sound money management and an intricate understanding of support and resistance levels, paves your path to trading triumph. 🌴💰
FLOW IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FLOW symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FLOW ADAM AND EVE PATTERN: TIME FOR AN UPTRENDIn this logarithmic chart, BINANCE:FLOWUSDT is forming an Adam and Eve pattern in which the price movement creates two bottoms, one indication of reversal for the coin's current downtrend. Will it happen in the next days or may not? To answer that, I'll provide continuous technical analysis for you in this idea thread below. Always PLAN your trades, secure positions and happy trading!
🔥FLOW Break The 800-day Wedge: What Targets Next❓Flow fell by -99% from the ATH. This is a massive liquidation and capitulation of holders. I think it's time to recover.
Now the price broke the 800-day(!) wedge and grew by +50% in 4 weeks.
💥 What targets next? The closest local targets at $1 and $1.45. The glovbal targets are on chart.
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Check the links and get a BONUS🎁 from me👇
Flow in the accumulation zone!!!The price is still in the Global accumulation zone, as soon as it leaves it beyond the level of 0.703 with consolidation, this will mean the beginning of global growth of the asset!!!
The purchase levels under the "Impulse" strategy were:
Global 0.413
Local 0.410
Buy zone 0.497-0.348, level 0.416
I don't see the strength yet! it is possible to return to the zones: Local 0.560-0.311 and Purchases 0.497-0.348!
The price of the total volume is 0.445 - for those who do not remember, or do not know!
This is the average price of the largest traded volume, and since the price is at the bottom, it is (the average price of the accumulated position at the moment)
Good hunting to all!!!
FLOW| correction and exit from the channel is approaching!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a long upward movement, the price has been consolidating in one range for several days now at $0.5-0.6, I think that preparations are underway for a correction.
Deal plan:
Entry - 0.525/0.545$
Stop - $0.578
Take - $0.454
Guys, try to be careful, the coin’s volatility can creep up at any moment, please be aware of the risks!
High Potenzial Invest Flow/EurAfter years and month of downtrend, now the important volume comes in and also the trendline broke through with this massiv volumen. In my eyes a no brainer, now investing some money and in the next month to years in combination with the industry / german / europe crisis it´s a very good way to diversify your money. The potenzial is up to x 40 maybe a new higher high x 70, but with a easy attitude and a realistic mind first realization from x8 - x10 because the volatility of crypto assets and then buying back with cost average. gl & hf
The key is whether the price can be maintained above 0.435Hello?
Hello traders!
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(FLOWUSDT.P chart)
(1D chart)
The key is whether it can receive support in the 0.414-0.443 range and rise above 0.454.
(1h chart)
To do so, we need to check whether it can receive support in the 0.427-0.434 range and rise above the 0.434-0.452 range.
If the price is maintained above the 0.432 point, which is the standard for the 0.434-0.452 range, attempts to rise are expected to continue.
At this time,
1st: 0.438
2nd: 0.447
3rd: 0.452
A response is needed depending on whether support or resistance is received around the 1st to 3rd positions above.
If it rises to the 0.449-0.470 range, there is a high possibility of resistance, so I think it is a good idea to choose whether to continue trading or check the flow after liquidation.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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FLOW risk/reward ratio 161D time frame
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FLOW just got rid of the long-term downtrend and is making a small triangle structure now.
This triangle could be a continuation structure, which help us to set up a trading plan. Also, using Fibonacci extention on the falling wave(1.444~0.408), there are two major resistance zones, where are proper targets. SL is set below previous low, then we can gain a great risk to reward ratio over 16.
TP: 1.326~1.444 / 1.873~2.084
SL: 0.379
FLOW Just Broke Descending Channel | Flow Bullish Momentum 💎 Paradisers, get ready for an electrifying chance with FLOWUSDT! Having recently shattered its descending channel trend line, the asset is in the process of retesting this level, paving the way for a potential bullish leap.
💎Just a few days ago, FLOW sketched a sturdy descending channel, making contact with the trend line on several distinct occasions before finally breaking itself.
💎What ignited this breakout? Our deep dive into the High Time Frame (HTF) weekly chart unveils a bullish weekly candle, indicative of powerful buying momentum.
💎The volume profile is equally telling, showing fluctuations that correspond with the range of the candle. This retest could serve as a prime trading gateway.
💎However, if the FLOW plunges below the trend line, brace yourself for a considerable downward trajectory. In such an event, strategize your short positions meticulously.
💎Stay on the cutting edge and trade wisely!
FLOW: Descending Triangle BreakoutTrade setup : Bullish breakout from Descending Triangle, with robust volumes, could signal potential bullish trend reversal with upside potential to $0.65. This is a trend reversal trade setup, not trend continuation, which carries a higher risk since overall trend is still down. Nearest support is $0.40, which held up in June and recently in August.
Trend : Neutral on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.40. The nearest Resistance Zone is $0.65, then $0.80 and $1.10.
FLOWUSD Huge Falling Wedge and 4hour MA200 breakoutFLOWUSD is crossing today over both the giant Falling Wedge pattern that started at the beginning of 2023 and the 4hour MA200, which has been a Resistance since July 24th.
It is easy to understand that this is a major bullish development for the long term trend. The short term Resistance that is left is the 1day MA50 and that is only $3 away.
As you see we've split the analysis into two charts the 4hour (left) and the 1day (right). Both have the next common bullish benchmark at 0.63500, on the 4hour that's the 0.618 Fibonacci from the July 3rd top and on the 1day it is an estimated contact course with the 1day MA200, the major Resistance October 5th 2021! This can be used as the target.
50% buy can be entered now and the other 50% after a 1day candle close over the 1day MA50. Target 0.63500.
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FLOW on the short list with the level of 0.442Hello everyone!!!
AIHermes today identified the coin FLOW on the short list with the level of 0.442
Entry model - breakout! Leverage 10-20X
Stop short.
1st target - 0.394
Trade with us, trade better than us!
Today:
18 coins on the short list
12 coins on the long list
FLOW FLOWUSDT Price Analysis (1D)Hello there, fellow traders!
Let's dive into a detailed analysis of FLOWUSDT's current state and explore the potential for an upcoming accumulation phase. The Daily timeframe revealing a substantial -98% drop in price, showcasing significant volatility.
What grabs our attention is the consistent downward resistance line that has been a dominant force since mid-2021. This line has been touched four times, highlighting the weakening selling pressure and hinting at an evolving trend.
Amidst this, a pattern emerges – the Falling Wedge.
This pattern forms as the downward resistance converges with a support line. The repeated touches on the resistance coupled with a converging support suggest a potential shift in momentum, which is often a precursor to accumulation.
Zooming in, we find a crucial support at $0.44 , a level that holds immense significance. Our analysis marks out key targets and resistance levels at $0.65, $0.81, and $1.19 . These levels represent critical junctures, offering potential challenges and opportunities.
Now, let's talk about the RSI indicator – a tool that gauges market sentiment. The RSI has ventured into the oversold zone, signaling a potential shift in momentum. This aligns perfectly with our theory of an impending price bounce. It's like a green light blinking, suggesting that a price rebound might be on the horizon.
In our trading journey, patterns and indicators guide us, but it's vital to remember the anchor of risk management. Each trade teaches us something, regardless of the outcome.
As we venture into the twists and turns of FLOWUSDT's path, let's continue our pursuit of knowledge, flexibility, and sound decision-making. Trading is a puzzle, and we're piecing it together one step at a time. Happy trading and may the patterns be ever in your favor! 📈🚀
FLOWUSDT Poised for Explosive Upside Move💎👀💎Recent Price Action: FlowUSDT has been showing promising signs of a bullish move, with notable volume buying observed in the market. The price has been consolidating, indicating a potential buildup of positive momentum.
💎 Volume Surge: The surge in buying volume suggests growing interest and confidence among traders. This could be a strong indicator of an upcoming bullish move.
💎Breakout from Trendline: Flow has recently broken out from a key trendline, showcasing a significant price movement. If the price successfully sustains above this breakout point, it could trigger a series of positive price actions.
💎 Liquidity Grab Level: Keep a close eye on the liquidity grab level. If it manages to surpass this level following the breakout, it may indicate a strong upward surge in price.
💎 Potential Upside: Considering the high volume buying, breakout from the trendline, and liquidity grab level, it appears poised for a potential bullish move. Traders are advised to monitor the price closely for any signs of confirmation.
The DIP in Bitcoin confirms and persists...Last week I posted about the suspiciously bearish signal in Bitcoin. Turns out it was correct. *back pat*. The one day spike was followed immediately by a -5.85% reversal. Nothing beats liquidity.
The question now is do we go up from here? My eggs are in the 'no' basket. While it's true that overall we're in a bullish flow state, the yellow countertrend signals should always be respected. After all, they are precursors to trend changes.
... and the times it doesn't signal a trend change, it still portends a short-term move or contextualizes one that has recently occurred.
So my expectation is that we see $28K before $35K. And hey, if the dip reverses with a green bounce, well then probably a good idea to pile in because that would be -- as the kids would say -- bullish af.
Smart Money Concepts swing trading odyssey|Ep.12|8R long|EURUSDBack yet again with the Phase C continuation limit order entry model for swing trading, using ICT's SMC toolkit. This is again being documented as a reference for my future YouTube channel.
This description took too long to write, sorry if price has moved away from where I got tagged in...
So, these Phase C swing trades are proving to be a bane - the last one on Gold went sideways for about 2 weeks leading to me closing it today before inflation news with DXY showing weakness.
Fed sentiment: Hawkish? The bond market says another 0.25% rate hike is likely and I think it has been priced in for a while. US inflation slowly coming down; 5% down to 4% y/y. Month on month it's not improving though and employment is only just starting to maybe drop, meaning room for another interest rate hike to tighten the economy.
Trader sentiment: risk on (inflation easing + stock market rallying)
On the Euro side, employment seems to be going up, and inflation is still too high. A rate hike is practically a given with the ECB having room to do it.
Overall sentiment: The 0.25% rate hike seems to be baked in, and in spite of that, EURUSD continues to form a technical pattern that implies it's going higher. If the Fed doesn't make the expected rate hike, it will likely just accelerate Euro's move up.
I am forecasting a technical move up more than a fundamental one. At LEAST to fill in the weekly FVG - if not breaking the last supply zone creating a new high for the year - but with the Fed expected to hold rates ~5% until possibly 2024 v.s. the pace of Europe's hikes and their stagnant GDP putting a limiter on their hikes, right now I don't see how EURUSD could rally much higher than that (but maybe this is just a lack of understanding on my part?)
Technicals: W pattern formed on daily TF creating new demand zone. SMT divergence with the DXY gives me confidence that market makers won't push price lower during FOMC tomorrow.
Entry: Phase C pullback into discount/50% of 4h swing low/daily bullish OB. As I said above, the SMT divs with Dollar gives me confidence to put my stop below the last 4h swing low despite news tomorrow, which could give an opportunity to scale in with bigger size, providing Euro doesn't just slip 60 pips in the blink of an eye.
Exit/Terminus: mid-point of the gap (volume imbalance) on the weekly TF + old weekly high, which is an 8R trade. I plan to partial at the last supply zone which begins at ~$1.09500.
Confidence: 7.5/10 for directional bias & 6/10 that they won't stop me out during FOMC tomorrow 😋.
Here is the weekly chart. Notice the red box which is the volume imbalance I am using as my Terminus/DOL:
FLOW Breaks Long-Term Downtrend Line
* 1D
Flow broke the long-term downtrend line with a lot of trading volume.
It could come down a little bit to around $0.7, but it probably won't come down much.
Although it has only continued to fall since its listing, it is good to expect a significant rise as it broke the long-term downtrend line for the first time.