FLOW/BTC - Flow: Trend_Reversal◳◱ Hey traders, A Trend Reversal has been identified on the TSX:FLOW / CRYPTOCAP:BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00001883 | 0.00002023 | 0.00002242, while the main support levels can be found at 0.00001664 | 0.00001585 | 0.00001366. Consider buying at the current price of 0.00001837 and benefiting from the trend continuation.
◰◲ General info :
▣ Name: Flow
▣ Rank: 77
▣ Exchanges: Binance, Kucoin, Huobipro, Kraken, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Flow is a blockchain created by Dapper Labs that aims to make it easy for developers to build decentralized applications and businesses. Flow uses a multi-role architecture design to scale the network instead of sharding. One of the fundamental reasons Dapper Labs opted to shift away from Ethereum and build its own general-purpose blockchain was to avoid the complexity of sharding. Flow asserts that its scaling-without-sharding strategy will improve network speed and throughput while preserving composability standards and a developer-friendly, ACID-compliant environment.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001837 ₿
▣ 24HVol: 118.539 ₿
▣ 24H Chng: 5.333%
▣ 7-Days Chng: 22.89%
▣ 1-Month Chng: -24.61%
▣ 3-Months Chng: -38.86%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001883 | 0.00002023 | 0.00002242
◢ Support: 0.00001664 | 0.00001585 | 0.00001366
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.90
▣ Last 90D: -2.72
▣ Last 1-Y: -0.65
▣ Last 3-Y: 0.61
◲◰ Volatility :
▣ Last 30D: 0.99
▣ Last 90D: 0.72
▣ Last 1-Y: 1.01
▣ Last 3-Y: 10.57
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.12 - V. Bearish
▣ In-depth FLOWBTC technical analysis on Tradingview TA page
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◲ Disclaimer
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Flowbtclong
FLOWBTC - Sat in the Middle of a Channel, Still 20% Gains to GetLook at Flow on the 2d chart, there's been some really profitable trades in the last 8 or 9 months. In comparison the potential 20% gain we could be looking at here doesn't seem like all that much - but 20% is still huge!
Even though we're half way through this channel before getting a Long signal from Crypto Tipster v2 there's still plenty to be made in this trade, we're sat a healthy amount above a recent SR level so the price may sink down to touch this one more time before making it's way up the test the descending trend line once more..
Will it break through this time?
Maybe get a limit Buy in on that recent SR level @ 461 to really boost your gains on this one!
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