FLOW stages a breakout! FLOW dubs itself as a 'fast secure and developer friendly' blockchain. It is primarily built for the purpose of NFT based games and dapps and has found some popularity with NFT marketplaces running on top of it.
On coinmarketap it's currently ranked #49 with almost a $4 Billion market cap.
Recently it has been on a downtrend after reaching it's ATH, back in May where it reached a high of 36. Couple of days's back, it broke through its downward channel and now is poised to reclaim its earlier price levels in coming days.
I hope the L1 blockchain narrative plays it's part in that.
FLOWUSD
Flowhey traders, there is Flow, we need a close above the blue line for 1D bar to get the green line (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
DON'T ENTER BEFORE THE CLOSING!!
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trade carefully guys and don't forget the risk management.
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What do EPIK, SAND, AXS, MANA, WAX, ONE & FLOW have in common???The answer is easy! Animoca Brands!!
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products utilizing popular intellectual properties such as Formula 1, Marvel, Garfield, Snoopy, Thomas & Friends, Power Rangers, MotoGP, and Doraemon.
Animoca Brands' portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland.
“Animoca Brands’ investment into Epik is part of an ongoing and powerful synergistic partnership,” said Animoca Brands co-founder and chairman Yat Siu. “Together we are stronger. We look forward to expanding our presence in brand licensing, gaming, and metaverse ecosystems.”
Animoca Brands was recently valued at over one billion USD!
now lets' look at the Market Cap of the cryptos above!
SAND: $5,80Bil
AXS: $7,85Bil
MANA: $8,81Bil
WAX: $1,31Bil
ONE: $2,88Bil
FLOW: $3,75Bil
EPIK: $63Mil you got that wright! 63 Million, while all of the above are in the Billion range!
So what is the upside for EPIK Prime in your opinion???
FLOWUSD , We are in buy zone areaHello everyone
According to the chart the price is moving between the support and resistance dynamic , and make a pattern
The price now is in dynamic support and it can go up toward the resistance dynamic support
You can uy and hold flow until the price reach to the resistance zone
Flow is one the most powerful project that it works and we analysed in multi time and the bullish market is active but at first take signal and entrance in position with your own strategy and your money management
Dont forget use stop loss guys its important thing in trading
Good Luck
Abtin
FLOW Price Analysis (4-hour chart)The 4-hour chart shows the FLOW price has turned higher in the last week. Furthermore, trading volume increased dramatically in the previous two days, which could suggest accumulation. As a result, the price is approaching trend resistance at $14.00. Successful clearance of the trend could provide a bullish catalyst targeting the October high of $21.28.
Of course, until the price clears $14.00, the downtrend dominates the action. Therefore, the path of least resistance is lower as long as Flow remains below $14.00. Furthermore, a failure to break out on the upside could drive the price back to the October $11.50 low.
At this moment in time, investors should sit tight and see how the price performs if it reaches the descending trend line. Considering how far Flow has fallen there is no need to pre-empt a breakout.
For now, I am ambivalent towards the Flow price and put the odds of a breakout at 50/50. On that basis, I hold a neutral weighting on the token until a catalyst arrives in either direction.
Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
FLOW - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
FLOW is approaching a strong round number 10.0 so we will be looking for buy setups on lower timeframes.
on H4: FLOW is forming a channel in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, FLOW would be overall bearish can still trade lower till the green 10.0 before going up (gray projection)
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
👀 FLOW potential breakout attempt soonThe price is currently trying to defend key level (18.32). If it manages to hold above it, it will most likely attempt a breakout next as the formation is getting tighter. If it's pushed back down to the lower trendline the whole process may repeat again on a smaller scale.
Given the current market conditions and altcoin market being without a clear direction, dump (losing 16.67 and 14.80) is also in play.
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About 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 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.
Source: coinmarketcap
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
FLOWUSDT , Buy or Sell ?Hello guys
i hope all of you in profit from market
in here we have a coin that there activity is on NFT base
Because of this coin is new we dont have any good history in chart
in here we have a rally and we are in pullback , from the key the downward trend was changed to upward and at now we should take the position towrd the trend and the trend and position should be long
we have a hammer in important support and we can buy one part and put SL and Tp
but becareful because the first Tp has heavy resistance if we can break it we can reach to other targets
if you have question ask us
Good Luck
Abtin
FLOWWhat 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.
Good Project. Last news was a Partnership with Google :
cointelegraph.com
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Trading Parts :
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Buy : Now
Rebuy : 20$
TP1 : 39$
TP2 : 59$
Stop Loss : 17.5$
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Like always follow TheKing for safety.
Happy Tr4Ding !
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.