FLOWUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is fluctuating inside the triangle. We have identified a support line for you dear ones that can support the price again. But if it penetrates below the line, we consider more fall. And if it can break the top line and stabilize it, it can touch our target.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
FLOW
FLOW/USDT { FLOW } - BULLISH SETUPANALYSIS 🔎
- FLOW/USDT brokeout above the double bottom neckline resistance.
- The market hit a swing high and retraced.
- Price is retesting the neckline resistance and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There is a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance.
- A breakout above the descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (@24.75).
- Horizontal resistance level (@26.69).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
Flow Bullish Indicators Taking a look at the RSI we're fixing to create the third top to a Triple Bottom, typically what follows is a spike. In this instance that would men it would be bullish this week heading to the weekend.
Secondly, if you take a look at the previous trend through the end of July leading through the first week of August we were in a Bearish wedge. From the 8th until now it appears we've been in a nice retest before a Uptrend occurs.
If we happen to break through the bottom of this Uptrend (Pink box) we may see a consolidation phase through the week heading into the weekend.
FLOWXBT: 👀" What is Flow?
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. Flow is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot.
FLOW token
The FLOW token (“FLOW”) is the native currency for the Flow network and the keystone for a new, inclusive, and borderless digital economy. If Flow is the digital infrastructure, FLOW token is the fuel that powers the network. FLOW is the currency required for the network and all the applications on top of it to function. FLOW is designed as a payment method as well as a long-term reserve asset for the entire Flow economy. The token is used by validators, developers, and users to participate in the FLOW network and earn rewards. It is also used for fees and to participate in future protocol governance.
The Flow ecosystem
Flow is a blockchain designed from the ground up for mainstream adoption and is the only blockchain that builds usability improvements into the protocol layer. Top developers and some of the world's largest brands are already building on Flow, enabling completely new experiences with top-tier content.
Flow has a rich ecosystem comprised of top entertainment brands, development studios, and venture-backed startups. Flow ecosystem partners include global IP brands like Warner Music, Ubisoft, NBA and UFC; leading game developers, including Animoca Brands, Sumo Digital and nWay; leaders in crypto, such as Circle and Binance; as well as several noteworthy projects among the next generation of high-growth startups, including Opensea.
What makes Flow unique?
Learning from and improving upon existing solutions, Flow provides:
Multi-role architecture: Flow’s design is one of a kind, allowing the network to scale to serve billions of users without sharding or reducing decentralization of consensus.
Resource-oriented programming: smart contracts on Flow are written in Cadence, an easy and safe programming language for crypto assets and apps.
Developer ergonomics: from upgradeable smart contracts to the Flow Emulator, this network is designed for those who want to build valuable products for the community.
Consumer onboarding: Flow was designed for mainstream consumers, with payment onramps enabling a safe and low-friction path from fiat currencies to crypto.
Flow’s creators
Dapper Labs was the original creator behind Flow blockchain as well as Cryptokitties, Dapper, and NBA Top Shot. Founded in 2018, Dapper Labs uses blockchain technology to bring new forms of digital engagement to users around the world. Blockchain-enabled applications can bring fans closer with the brands they love, give people a real stake in the communities they contribute to, and create new ways for consumers to become creators themselves. Publicly-announced Dapper Labs partners include the NBA and NBPA, Warner Music Group and UFC. Notable investors in Dapper Labs include Andreessen Horowitz, Union Square Ventures, Venrock, Google Ventures, Samsung, and the founders of Dreamworks, Reddit, Coinbase, Zynga, and AngelList, among others." source CMC
Flow (FLOW) - July 21Hello?
Welcome, traders.
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Have a good day.
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(FLOWUSD 1W Chart)
(1D chart)
If the price is maintained in the 10.639-16.118 range, it is expected that the uptrend will continue.
However, it is important to break out of the downtrend line.
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(FLOWBTC 1W chart)
(1D chart)
If the price is maintained above the 41701 Satoshi-44875 Satoshi section, it is expected that the uptrend will continue.
If it goes down, we should see support from the 31098 Satoshi-34627 Satoshi section and see if it can rise.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
US100 - Overnight Liquidity LevelsMarket closed towards the US session highs.
Currently trading within the Value High and Low from the US session
Flow looking primed for a move upFlow still not listed on many exchanges, but I believe many will follow soon. Dapper labs being valued at 7.5B is definitely a big boost for FLOW as NBA topshots are on it. Flow is in a nice uptrend and isn't showing much weakness. The recent correction didn't affect it much, especially vs BTC. Most of the weakness in alts is coming from BTC and not from alts being weak vs BTC which tells me there is more to them. Playing in BTC pairs and being hedge is probably better.
FLOW Potential 97% Gain from Buy Zone 1Since the Buy Signal from our Swing Call Script, FLOW has gained 93% from $20.78 to $40.98 on this Huge Parabolic move to the upside in just 4 days from 01/03/21 to 04/03/21. Flow has since retraced down 51% to our Buy Zone 1 at the 38.80% Fibonacci level, further testing and breaking below the 13 EMA and 50 SMA finding some support temporarily at the 61.80% Fibonacci level from the 16th March to 21 March. Since then flow has seen has a lot of selling from profit takers in the market who experienced 93%+ gains during 'March Madness'. Be patient we expect the Bulls to come back in the market after breaking just below the 200 SMA and there is a high probability of a recovery from this current downtrend we are temporarily experiencing, and the next move for FLOW could be another Huge Parabolic move back to test the current ATH @ $41 and further test new ATH towards the 127.20% Fibonacci level @ $47.33 and our 161.80% Fibonacci extension @ $55.23, which is a potential 97% Gain from Buy Zone 1. If we fail to break above the 61.80% Fibonacci level, use the current buy zone to DCA/Accumulate from this level, overall the outlook for FLOW is still very bullish as the stochastics are showing an extremely oversold market from the previous uptrend. April could see some very huge gains from FLOW! Map out your Buys and be patient, when $FLOW is ready to move it will be shooting for the moon. Happy Trading :)