Flo will fly againGood day! This might be a good buy for FLO vs BTC. The RSI, MACD, and TSI shows a very bullish reversal in the daily time frame. Make it short or long trade. Enjoy!
FLOBTC
Flo will fly once againThis might be a good time to short.
Rsi macd tsi are all bullish in daily time frame! Enjoy and the ride!
FLOWUSDT , Did you bought some or Not ???Hello everyone
In previous analysis about FLOW , we shown on chart buy zone area and we anyone should put Stop loss
The buy zone area activated and in there zone we should bought some Flow and the price in falling down near near near our stop loss but its not activated , and the trend returned and now we are waiting until first target will reach then we update our analysis
being with us
Previous analysis and checked the chart
Good Luck
Abti
$FLO/BTC longterm target$FLO made a new ATL in the bear season and has been showing rising volume ever since, historically the volume can be compared to what was seen much higher in prices.
This indicates a strong accumulation and an upcoming uptrend.
My targets are same as last cycle, mainly the 2.618 fib at around 4k satoshi with a moonshot chance of the 4.236 at 6.2k satoshi.
Along the way I see good TP's and or potential trade opportunities being fib levels with some more notable ones being at 0.382 (~800 sats), 0.786 (~1.3k sats),1.272(~2k sats) and 1.618 (2.5k sats).
Once again I do not expect an immediate rise to the targets but rather a longer term progress through the levels with a big jump in price at the end accompanied by appropriate volume.
FLO Trading Near All-Time Lows (202% Short-term + 1975% to ATH)About FLO
Build Blockchain Applications
FLO is a public record for building decentralized applications that introduces a new feature called floData. This metadata layer allows reading and writing to the blockchain quickly and easily, encouraging unique apps and tools to be built with FLO
Source: flo.cash
----
Let's start by looking at the long-term chart, this is a low volume altcoin pair, so big price swings are possible... Take a look at the potential profits.
FLOBTC Weekly (W)
Zoomed in (notice the divergence compared to the MACD)
MACD (Higher Low) | Divergence with FLOBTC
Additional details can be found on the main chart.
Thanks a lot for reading.
Namaste.
Florin Ready to DoubleFlorin is about to Floor it.
Money Flowing IN.
Price relatively Stable.
At long-Term Trend-Line Support.
aaaaaaannnndd....
FLOBTC - Potential Long (Next Month or the Month After)FLOBTC - I'll be looking for a trade entry signal to go long - next month or the month after!
Florin Long-Term Trend line SupportFLO will go down to meet the WEEKLY trend-line once more, the rest is history , literally its happened every time in it's History...
FLO is a Go, Yo.
FLO/USD - Watch this oneLots of buzz building around FLO due to partnerships with Medici Ventures and the implementation of the Open Index Protocol into projects including CalTech Tomography Database, Medici Land Governance, Ravencoin, Publish.io, tZERO.
This could be one of the big winners for 2019. FLO is illiquid and somewhat scarce: it was created in 2013 and has already mined 151,000,000 of the 160,000,000 max supply. DYOR
*This is for informational purposes only and is not investment advice
For purely technical reasons $FLO #Florincoin is about to doubleThis cryptoasset is highly illiquid with high spreads and therefore dangerous to trade with large amounts. It seems to be the case that demand is building for it, however.
This is likely due to the possibility of its eventual implementation in Medici Ventures projects such as land governance, identity or voting. There is no clear info being released from what I can find explaining what they intend to use it for please mention any references in the comments below.
What is Florin Coin FLO? | In 3 minutes | Tzero
www.youtube.com
The next 4 weeks or so will likely see the price hit 3400 sats (50% Fibonacci retrace and cloud Edge to Edge move) followed by a very bullish 4130 sat or a retrace to 2670 sat
H & Sif you look @ daily chart you can see a R @ 0.00001900, at both shoulders . a correction could be on the way
FLO bear trend line brokenLooks like FLO/BTC has finished its bull correction and should base out from 1900-2000 in preparation for its next leg higher
2400sat is the next target or ~23% ROI. If it breaks below 1700 then continuation lower is likely.
Be careful trading FLO as it is a thin market
Good luck trading!
FLO BTC Momentum AnalysisFLO BTC is showing a shift in momentum, as it broke out of the final leg of the decending fibonacci fan, signalling bearish exhaustion in December 2018. We also saw a double bottom formation in this area, flowed by a bullish reversal. As the momentum has now shifted i expect the bullish trend to continue, though we may see a correction on the smaller timeframes subject to the volitility swings of bitcoin and the crypto market as a whole.
My perspective on this is that, if FLO BTC can break above the 2000 satoshi level, then the chances of it reaching the higher fibonacci levels would greatly increase. However, entering a long position at the current price, 1850 satoshis, could be risky due to this area being a resistance zone, with the support levels located below at 1400, 1100 and 1000 satoshis. It is at these levels, I would look for a bullish candle, on the local timeframe, to enter a long position.
Not an expert, not financial advice.
Biffy.
FLO/BTCFlo again at it support every time Flo bounce from this level and Also Flo Foundation is coming soon expecting nice run on it
Florincoin VS Bitcoin Support RejectedSince January Florincoin has been correcting down and went from 2700 down to 755 satoshis, losing 72% to Bitcoin. However, FLO/BTC found the support at 88.6% Fibonacci retracement that has been rejected cleanly on the 7th of April.
After the bounce from the support price went up braking above the 200 Moving Avearge and currently staying above it. The MA is currently acting as the support and if price continues to stay above it, the next wave up should follow. The strong resistance is seen at 50% Fibonacci retracement, that is 3500 satoshis, which corresponds to the upper trendline of the extended channel.
However the condition for the uptrend continuation if that the daily close must stay above the 755 satoshis. But on the other hand it is possible that Florincoin will go back down to that support, only if the breaks below the 200 Moving Average.
Florincoin VS Bitcoin - The End Of Consolidation?Since Florincoin reached the high at 6.5k satoshis, back in May 2017, the price has been going down, reaching the 500 satoshis low. This decline resulted in over 90% loss to bitcoin, but now price action begins to look in favor of the trend reversal.
After reaching 500 satoshis low, FLO/BTC went up breaking above two descending channels as well as the 200 Moving Average, although rejected the resistance formed around 3k satoshis area.
Currently, RSI has formed a bullish divergence suggesting that the price once again is ready to move higher, at least towards the massive resistance area at 3k satoshis. But to confirm the potential upcoming wave up, Florincoin should break above the minor resistance at 1200 satoshis. Break above the 3k satoshis resistance should result in more growth and could send price up to 6.5k satoshis or higher.
FlorinCoin VS Bitcoin Growth PotentialAfter testing the low at the 505 satoshi, Floricoin started to move higher breaking above the downtrend trendline. At the same time price broke above the 200 Moving Average and reached 1900 satoshi, totaling a 280% gain over Bitcoin in just two weeks.
Clearly, Florincoin showing some strength, especially now, after rejecting the 200 Moving Average and the 23.6% Fibonacci support at $1090 satoshi. The uptrend could either be a short-lived or a long-term depending on how FLO/BTC will react to the first strong resistance at $2145 satoshi, which is 127.2% Fibonacci retracement level applied to the last corrective wave down. Break above that level should push Florincoin much higher, while if rejected, the consolidation could take place. Only a break below the 505 could invalidate bullish outlook.
