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FLOWUSDT

FLOWUSDT NEW ATLflow has created a new all time low. Is there going to be a further drop or will the price go back up from here? We don't know, but it could be worth buying as a historical support point. But if bitcoin continues to fall and probably to 25K, we should expect more fall for this coin. Also, don't forget this point that we were on the verge of breaking the downward trend line, when the price was accompanied by a further fall. ⚠️ "Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
by Madoir
FLOWUSDT → Breakthrough of the wedge resistanceFLOWUSDT forms the bottom in the area of 0.742. After numerous attempts to break the trend resistance, the price breaks it. A consolidation is forming, which could push the price up. The level of 0.742 is a key support at the moment. The task of the bulls is to keep the price above this area. For a long time we have been seeing a downtrend with numerous attempts to break resistance. For the last month, the price has been forming a decrease in volatility and moving into a consolidation phase. The cryptocurrency pair was accumulating potential to break the resistance, which in the near future, if the local resistance areas are broken, may start the phase of realization of the accumulated energy. The moving averages act as resistance. Strong support: the previously broken wedge boundary, the level of 0.742. Strong resistance: 0.800, MA-50, MA-200, 1.000 I expect the bulls will be able to hold the support level, the price will exit the local consolidation and continue to strengthen towards 1.000, 1.8000 Regards R.Linda!
Long
by RLinda
14
FLOWUSDTHello dear traders, *Mars Signals Team wishes you high profits* This is a one-day-time frame analysis for FLOWUSDT R1 and R2 on the top of this chart are our resistance areas which demonstrate the disability of the price to rise. And we have S1 and S2 that are two support areas in this chart with their support of price at different points even since the past. Obviously, the price was supported at S2 after a rising trend and fluctuating over S1, it experienced a rise toward R1. Here it was rejected toward S1 by a Marubozu Candle, it had a severe fall down to this area. The existence of a green candle with a shadow expresses the high pressure of sellers and the price could not rise again. Presently, it is predicted that the price resumes its decline down to S2 and by having more fixation and support there, a rise is predicted for it to higher amounts. So when the support at S1 is lost, more fall is there for the price toward S2 area or lower than that. It is less probable that the price rises over R1 and move toward higher amounts at the moment. We recommend you to activate your stop-loss point and check every detail and information before putting your trade orders and then wait for a proper time to have your next action. In case you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Long
by MarsSignals
Positive reactions have been observedFlow's price increased to $1.44 after it crossed the resistance range of $1.159 to $1.238 with the support of buyers. Positive reactions have been observed in the return and pullback to this level of support. Considering that the trend is completely bullish in the 4-hour timeframe, as long as this support is maintained, there is the potential to continue the upward movement and grow further to the resistance range of $1.57 to $1.64. But if selling pressure increases in the market and this support level is broken, we can expect a deeper correction to the $1 support area and even the previous floor area at $0.938-0.964. Given that the current support range has overlapped with the ceiling of the broken descending channel, there is potential for a good positive reaction from this level and continued price growth to at least the previous top. In general, the range of $1 is considered an important supply and demand area for it, and it is expected that the price of FLOW will fluctuate in this range for some time. So the range trend is expected for it. Also, price growth is more likely until the floor of the previous ascending candle in the weekly time frame is not broken down.
by MonoCoinSignal
1