FLOW
Flow/XBT - Sleep before the next pumpWe've seen a series of rises and consolidation before the next rise and looks like this will continue.
I've drawn a simple trendline showing overall we are moving up.
Bollinger bands are narrowing suggesting volatility is on the way again. The price is resting on the mid-line, which looks bullish to me as showing it's ready to attack and break out of the upper band.
Looking at volume, there's clearly strong buying with each pump and much less sell volume on the retracement (I had a quick look at the OBV and this shows it quite cleanly as the overall trend is up).
RSI showed clearly that above 0.0008, it was running too hot and the 0.00055 area was testing the lows. Looking at the RSI, it's keen to go above 70 and always bottoms above 30 so looks like a strong bull run here for the foreseeable.
We've seen Flow rise early on and with other projects then being seen as "the next Flow". Now, it'll be Flow being touted as the "next ENJ".
Fundamentally, NBA TopShot has growing pains but once they're sorted, sales should increase again and they'll dominate the NFT charts (see dappradar for sales/users etc). UFC looks like end of the year and a time lag for new projects to come online but Viv3 may well have more NFT drops and we may see an OpenSea integration as well.
In the short-term, further listings will be a catalyst for further growth (namely Coinbase and Binance) as many alt-hunters/noobs occupy those platforms. Some clarity on when US/China users can invest would be huge too given both markets are basketball mad and would also buy into the underlying blockchain token. Given the generous staking rewards, there may well be a liquidity crisis that could push the price higher if there are delays in unstaking tokens etc.
In terms of unknown pumpamentals, partnership announcements could come out of the blue and any major IP brands would excite speculators.
FLOW Could Go x5-10FLOW is making tons of bullish progression since its launch on 27th Jan.
It breaks every pattern upwards and has more and more people buying into this market.
Price action since launch is accurately bullish (and somewhat choppy because it's a relatively young market.)
It's currently consolidating at ATH and creating a bullish triangle. After this there's no longterm resistance.
I've been following this market since launch and been analyzing it technically as well as fundamentally. Here's what I've come up with:
When all other alts and BTC dump, FLOW stays around the same price level. It doesn't dump alot and looks like people aren't planning to sell in this market soon.
FLOW waits for other markets to pump and then it pumps with it. It goes with the (money) flow. ;)
It's currently only listed on Kraken and Huobi. I see a large amount of buyers stepping in when this token would get listed on bigger exchanges such as Binance, Bitstamp etc.
The market cap for this token is currently $700 million and personally I see this one going to $4 - $6 billion in the long run. (x5-10)
Flow is a fast, decentralized, and developer-friendly layer-one blockchain designed for creating digital assets for games & apps.
The tools are pretty easy to use and you can start making NFT's in just a couple of clicks (I tried it out). The documentation is super user-friendly and clean.
I have been accumulating as well as staking my FLOW since 1st Feb. You can stake your coins onchain for 5% APY. The team looks serious and ambitious.
If you want to check it out yourself: www.onflow.org
FLOW is created by the team that created CryptoKitties and is partnered with NBA and Samsung.
FLOW Upside PotentialThis is a premium call from my Patreon Group.
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Flow is a new blockchain built for the next generation of apps, games, and the digital assets that power them.
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. (coinmarketcap.org)
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FLOW// Round 2?The last time FLOW's price chart printed a similar pattern we saw what happened.
Can it happen again?
Price has currently formed a descending triangle within the ascending channel. A break and close outside of the triangle could mean a lot of momentum if we have a repeat of the last triangle pattern.
Previous analysis linked.
FLOW LONG TO 40$fundamental:
*We are in the middle of the NFT/Gaming craze
*Flow is the blockchain that develops NBA TOP shot the leader in NFT sell of 65Milions (CryptoPunk 29Milions)
Technical:
*Strong support at 30$
*Under MA50 that was previous support
The future?
*#Coinbase Ventures has invested in the project, so maybe a listing into Coinbase and Binance in the meantime
*Partnership with other sports leagues (MMA ?)
Objectif:
*40$ long
*Cancelled if previous support 27.5 break
FLOWUSDT - NFT tokenThere's a lot of hype, but we're not growing.
I think we will correction.
sale only after the breakdown.
If we break through the resistance, it will fly into space.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
FLOW - NFT bossmode alert - UPFLOW - NFT bossmode alert - UP
Look who is backing them. Yeezy on the books. You can guess how much just that input will be worth. Hes gonna jump all over the this NFT shit.
Good team. Good space. Only up
Up basically 3.5x from flat; should be up about 40x in a further big alt bull run. So as long as that keeps up.. got lots more to run.
Im taking a punt.
Bitcoin Stock To Flow S2F Next Top ?Sharing my observations here, it may come true, or not...
Putting LOG Fibonacci lines on a LOG scale, some things are remarkable!
TOP
- The first big Bull run after a Halving starts with a rise from the S2F (463d) St. Dev 4x. This is happened already.
- Previous 2 occasions, when the S2F (10d) touched the S2F (463d), the major bull run began to start, it hasn't touched (yet)
- The top ALWAYS passed the S2F (10d), it hasn't passed yet.
Seems to me, the major Bull run still has to come!
The 2.3 fib of the 1st top predicted EXACTLY top 2.
The 2.3 fib of the 2nd top predicted fairly correctly top 3.
On that base we could say top 4 could be around 208K - 215K
(Dreaming a bit but if this is correct, the top after that could be higher than 1.4M!)
Bottom
The LOG Fib 1.65 predicted the next bottom pretty correct!
The LOG Fib 2.65 predicted the second next bottom pretty correct as well!
According to this, the next bottom could well be around 52K (min around 30K, max around 65K)
Timeline
Seeing the Timelines, we can see:
- Halving starts at 0 (or 5 for the next)
- Bullish between 0-2
- Top between 1-2
- Bearish between 2-3
- Bottom between 3-5
We are now just past 1!
We'll see how this goes!
Cheers!
(This is not financial advice, please DYOR)
Bitcoin Moonage in 5 hours - BUY FLOW COIN ON KRAKEN WITH EUROS Looks like a repeat pattern to me.
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Possible millionaire coin -CAPPASITY TOKEN) THE ..! HISTORY VIEWHallo Friends,
As the title already says this coin can go in the future to 1 usd , and of this price now, it will be a millionaire coin with just only small invest.
What the most think and i can agree in some views with them.
its a dead coin, noting more - it did breakdown since 2017 to very low, why do you expect that it will go again back. and its very risky coin.
Reply:
Sure i agree that this coin have a get a very breakdown trend, as the main goal of this team before was not to focus on the coin , but working behind the screen with them VR IA projects - and since weeks ago, they will do more with markting and we have also already the first partnership with ferrari on cappapsity they can buy them services with them cappasity tokens.
Depending only on Supply, this company dont need to much amounts to increase.
What do i expect
Expecting that we can see soon this coin on more exchanges as the volum will grow, and its possible that this coin can work in the future with Tesla. as this have some same agreements. big companys APPLE/Facebook the CEO of them have says before, they see huge future in VR/AR, and this company offer also 3D services.
Will we will see a increase in short term?
If you want invest in this coin for next days - i dont will advice that, as this coin should be long term invest, yes expecting coming time more increase - but its about long term vision.
Can this token by risky?
in general we know crypto can be very risk, thats why dont invest more than you can lose - at last yes it can increase but i can also be wrong.
I just epecting depending on data, and some other tracks. that its possible we will see at long term a increase trend.
# Lets make this above trend as a history trend view, and maybe we can come back to it in later time, and we see what cappasity have done!
# Cappasity are at this moment on Kucoin exchange.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
FLOWUSDT// Long OpportunityLooking at the price action, flow has caught quite a bounce. It was previously at the ATH then retested the broken resistance now support and then began to consolidate after which it started to form a descending triangle.
After the drop from BTC on the 25th, Flow along with the other Alts followed suit and at this point a descending channel became validated in my opinion.
I believe that most ALT coin move predictions can be aided using BTC.D. Currently BTC Dominance broke its ascending triangle to the downside and I expect a retest of the broken structure. A retest of that structure will mean that some Alts will move inversely.
Looking at Flow currently, that inverse movement has some correlation to the completion of a move towards the bottom of the channel, testing the trendline and then continuing back up, thus creating a bull flag.
I will post my analysis of BTC.D in the comment section.
It is also possible that FLOW breaks this channel to the upside, seeing that $20 has proven to be strong support. This would likely result in a retest of the top of the channel and likely a test of each Fib Level, pushing to the ATH.
Let me hear your thoughts!
#BTC #Bitcoin AnalysisThe price, after forming a pennant pattern, has broken it to the upside, gaining momentum to a new high, where it has encountered previous resistance at $ 28,400.
Now a bullish triangle or cup pattern could form, depending on the next move. If it loses the white support line, not yet confirmed, it would have dynamic support at the 50 moving average. If it bounces off either of the two supports, except for changes in volume, we do not foresee a break from the previous resistance, but rather a rebound. or laterization period to consolidate the price, although it is most likely that there will be a stronger correction.