FLOW bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
FLOW is a cypto with a negative overall sentiment recently.
I have the following price targets:
FLOW/USDT short
Entry Range: $1.95 - 2.10
Take Profit 1: $1.75
Take Profit 2: $1.50
Take Profit 3: $1.10
Stop Loss: $2.35
Buysell
SPY Technical Update 8/26/22🔸️Ticker Symbol: SPY 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Neutral
TECHNICAL ANALYSIS: SPY did have a selloff this morning after Powell made his speech but not all is lost. If we take a look at the bigger picture and overall market trend, we are still heading in a bullish pattern. Our linear regression indicator is still heading in an upward direction, our white line on the dashboard representing money momentum is still heading higher and we have a green dot representing a key ema crossover to the upside. If we can hold this middle deviation level at approx. $410 the SPY could see a reversal and start to head higher. If for some reason we do see a gap down I would keep an eye on the $405 level which is the strongest level of support if we break for a bounce play. Thanks for following!
🔔 Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.