FLOW
FLOW - The price is above support.After a rapid rise, we see a pullback to the lower boundary of the range. The price is kept in flat above the support from where the previous movement was resumed. In case of successful resumption of buying, the price is expected to rise.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
FLOW LONG OPPORTUNITY 20220929Signal:
Blue -> Purple -> Blue
Strong volatility
FLOW, FLOWUSD, FLOWUSDT, FLOWUSDTPERP, FLOWBUSDPERP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
FLOW bearish sentimentNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
FLOW/USDT short
Entry Range: $1.79 - 1.85
Take Profit 1: $1.69
Take Profit 2: $1.50
Take Profit 3: $1.10
Stop Loss: $2.35
FLOW trend lines#FLOW/USDT
$FLOW trend lines show price is inside ascending channel.
🐮 close the daily candle above descending trend line will confirm the continuing bullish trend.
and break out from ascending trend line that now acts as resistance will increase price toward upper ascending trend lines.
🐻 break down from the lowest ascending trend line that acts as support very well will invalidate this scenario.
FLOW is about to GO UP!!Looking at the Chart if $FLOW can break that trend line, then it will rise to the upside.
My Price Target is about $4, you can buy with SPOT or DCA for a leverage buy.
I will give my review on how this trade age over time..
THIS IS NOT A FINANCIAL ADVICE.
RULE 1: Don't Lose Money.
RULE 2: Don't Forget Rule No. 2.
Long scalp, but the market trend is still short.Long scalp, but the market trend is still short. According to our model, there is always a final trend before the final fall.
Considering the 4-hour time frame, this long is worth entering.
The pattern may change and the long trend will continue, but according to the current chart, I predict such a pattern.
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
FLOW Bear blocking
BINANCE:FLOWUSDT is lingering in a Bear block (overbought) arbitrarily ranging between 3.14 and 2.97.
Daily metrics are a bit of a mixed bunch, Volume % change had a noticeable drop off. I wouldn't recommend using something as simple as RSI on FLOW, too shifty.
As I'm writing this, 1H candle is a real battle between Bulls and Bears.
It is important to be aware of how easy FLOW moves, +44.75% gain on a recent 4H candle, multiple examples of +10% on tiny volume are easily spotted on a FLOW chart.
My plan before deciding on a Long or Short FLOW trade, if any trade at all, I'll set an Alert for price crossing 2.92 and observe:
2 FLOW Setups
Long FLOW - 2.92 is tested and rejected twice, Long target 3.61
Short FLOW - price breaks below 2.92 on a second rejection, retests 2.92 and fails, Short target 2.50
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
It's FLOW!!! oh, not that Flow..
Earlier today, you might have noticed a short lived Pump on BINANCE:FLOWUSDT
a16z announced it's investment in Flow, a new startup by Adam Neumann (WeWork), same name, no relation to BINANCE:FLOWUSDT
The importance of due diligence before entering a trade.
I'm still following my original idea (linked below) for BINANCE:FLOWUSDT , slowly moving take profit on the short trade.
NYSE:WE
Flow coin formed bullish Gartley for upto 14% pumpHi dear friends, hope you are well and welcome to the new trade setup of Flow coin with US Dollar pair.
Previously we had a nice trade of Flow:
Now on a 4-hr time frame, AR has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Waiting patiently for FLOWOk, today I was thinking to short this just that then I've shorted UNI.
I think that since FLOW dipped around 11% it needs to bounce upward a little bit and then go down. If instead it breaks the support it'll go down right away but in that case I'll lose the train because I do 1 short per time and I'm already shorting UNI.
The chart structure to me looks bearish, I don't think the breakdown will happen today but it'll happen soon I think.
Keep an eye on it
Flow (FLOW) - August 9hello?
Welcome, traders.
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(FLOWUSDT 1D Chart)
Resistance: 4.785-5.210
1st support: 2.523-2.980
2nd support: 1.501-1.684
The key is whether it can be supported around 2.980.
If it goes down from 2.980, we should see if there is support in the 2.523-2.980 range.
If it drops from 2.523, you need a Stop Loss to get cash.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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.)
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FLOWUSDT(FLOW) Daily tf Range Updated till 08-08-22FLOWUSDT(FLOW) Daily timeframe range. look at this chart how clean it looks. not heavily used and not much of out of place moves. even tho volume is not that big in here. a clean chart always less complicated to make trading plan with for any trading setups. there were good amount of swing setups here, there are range setups but scalp setups are not that safe as for volume. fundamentals are upto recent state but devs need to put more work to get it more progressive on the price action.
Will FLOW continue to grow?Hello everyone, let's take a look at the 1D FLOW to USDT chart as you can see the price has broken out of the downtrend channel.
Let's start by designating support sites that we can consider:
1. $ 2.69
$ 2.38
3. $ 2.16
and
4. $ 1.59
Now let's move on to the resistance that the price has on its way:
1 - $ 3.26
2 - $ 3.82
3 - $ 4.63
4 - $ 5.48
5 - $ 6.68
and
$ 6-8.20
Looking at the CHOP indicator, we can see that in the 1D range the energy was mostly used, and the MACD indicator shows a local upward trend.