FLOWUSDT Reversal Confirmed!FLOWUSDT technical analysis update
The price of FLOWUSDT has formed a triangle pattern at the bottom, with the 100 EMA acting as resistance for the past 150 days. Now, the price has broken through the triangle's resistance and crossed above the 100 EMA on the daily chart. In the coming days, we can expect a strong bullish move.
Flowusdtlong
FLOW Technical AnalysisFLOW/USDT has been in a prolonged downtrend, with the price consistently respecting a descending resistance trendline since March 2024. Currently trading at $0.537, the pair is approaching key resistance near $0.593, where it has previously been rejected multiple times. The failure to break above this level continues to reinforce the bearish sentiment. The market is watching closely for a breakout above this trendline, which could signal a potential shift in momentum toward the upside.
On the downside, FLOW has found support in the $0.471-$0.507 range naked , highlighted by the yellow zone on the chart. This area has held firm during recent pullbacks, preventing further declines. If the price fails to break through resistance and reverses from current levels, a retest of this support zone seems likely. A break below this key support could push the price toward the next critical level at $0.390, where further bearish movement might slow down.
Despite the ongoing bearish trend, a breakout above $0.593 and the descending channel upper boundary would open the door for a potential rally. The next major resistance levels sit at $0.683 - $0.711, highlighted by the green zone on the chart, offering targets for bulls if the market shifts in direction. Until this breakout happens, the overall trend remains bearish, and traders should approach with caution, particularly around the critical support and resistance zones
Flow coin zones for ProfitBINANCE:FLOWUSDT
Possible Targets and explanation idea
➡️2 main signals to buy was on Weekly timeframe based on Trade On indicator
➡️We formed big divergency on weekly (ADZ indicator) showing where whales accumulate coin
➡️Market Mood (also in accumulation stage)
➡️Targets bearish around 0.30 cents if market drop. Bullish marked above
➡️Road is open to close weekly gaps and touch "Take profit" indicator line (top blue line) where will be time out of FLOW for 2023
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#FLOW/USDT#FLOW
The price is moving in a descending channel on the 12-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.480
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 0.600
First target 0.800
Second target 0.945
Third target 1.12
Flow's Next Big Move: Bullish Surge or Deep Correction?Yello, Paradisers! Have you been tracking #FLOWUSDT? If not, now's the time to pay attention! This cryptocurrency is showing promising signs of a bullish continuation from its current support, and you won't want to miss it.
💎#FLOWUSDT recently broke above a critical resistance level at $0.647, signaling a strong upward movement. This breakout marks a crucial moment for potential gains, as resistance has now turned into support. If #FLOW maintains this momentum, we could see a surge toward the Fair Value Gap (FVG) at $1.045. This level will be pivotal in determining the next phase of market action.
💎Market sentiment also appears to be shifting, with diminishing intensity of rejections at the resistance zone, suggesting a possible ease in selling pressure. If the price of #FLOW fails to sustain momentum at the support level of $0.647, we are looking for a bullish rebound from the lower demand zone at $0.539.
💎However, it's crucial to be cautious. A breach below the demand level at $0.539 could lead to a significant decline. This demand zone is critical as it holds substantial liquidity, making it a potential point for either a bullish recovery or a deeper correction.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. This is the only way you will make it far in your crypto trading journey. Be a PRO.
MyCryptoParadise
iFeel the success🌴
FLOW/USDT gearing up from support? 👀🚀Flow Today analysis💎 Paradisers, let us delve into the captivating dance of #FLOWUSDT. At this very moment, it retraces gracefully, drawing ever closer to a critical support level at $1.115. This level, my friends, is no ordinary mark—it carries immense significance. Its metamorphosis from a mere retest to a stalwart support could well herald a bullish surge of epic proportions.
💎 Alas, the price of #FLOW has faltered, unable to breach its previous high. Yet fear not, for hope glimmers on the horizon. Behold, as the price approaches the key support at $1.115, we stand at the precipice of a delightful bullish reversal. Picture it: the price ascending, rising like a phoenix from the very ashes of doubt.
💎 But ah, the markets—they are capricious, whimsical creatures. Should EURONEXT:FLOW descend below this pivotal zone, our strategy must shift. Brace yourselves! We anticipate a bullish resurgence, a rebound from the secondary support level at $1.030. Fail to reclaim ground here, and we may witness further declines. So, my fellow traders, stay vigilant, stay nimble, and navigate these market tides with the grace and precision of seasoned sailors.
FLOW risk/reward ratio 161D time frame
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FLOW just got rid of the long-term downtrend and is making a small triangle structure now.
This triangle could be a continuation structure, which help us to set up a trading plan. Also, using Fibonacci extention on the falling wave(1.444~0.408), there are two major resistance zones, where are proper targets. SL is set below previous low, then we can gain a great risk to reward ratio over 16.
TP: 1.326~1.444 / 1.873~2.084
SL: 0.379
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."
FLOW - Falling Wedge - Back tested perfectlyThe falling wedge pattern is a bullish reversal pattern that is formed when the price consolidates between two downward sloping trend lines. This pattern is characterized by a narrowing price range as the price approaches the apex of the wedge. The breakout from this pattern is usually to the upside, indicating a potential trend reversal.
In this case, we have identified a falling wedge pattern with a swing target to the top of the wedge around $27. Traders can look for a breakout above the upper trend line of the wedge to confirm the reversal and enter a long position.
Once the breakout occurs, traders can set their target around the top of the wedge at $27. It is important to use proper risk management techniques such as setting a stop loss to protect against potential losses.
Overall, the falling wedge pattern can be a powerful tool for identifying potential trend reversals and trading opportunities. By understanding the pattern and using proper risk management techniques, traders can potentially profit from the expected bullish movement.
Flow coin formed bullish BAT for upto 17% pumpHi dear friends, hope you are well and welcome to the new trade setup of Flow coin with US Dollar pair.
Our last trade of Flow was as below:
Now on a 4-hr time frame, BAT has formed a bullish BAT move for another price reversal move.
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
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 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