Trade Signal for FLOWBTC: BuyHello Traders,
I am pleased to present a trade signal for the currency pair FLOWBTC based on my analysis using the EASY Quantum Ai strategy. The current market indicators suggest a positive trend for FLOWBTC, indicating a buying opportunity.
Trade Details:
- Direction: Buy
- Enter Price: 7.03E-06
- Take Profit: 7.14E-06
- Stop Loss: 6.95E-06
Rationale:
1. Market Momentum: The current market momentum shows a strong upward trend for FLOWBTC, supported by an increase in trading volume. This suggests growing investor interest and confidence in the pair's future performance.
2. Technical Indicators: Key technical indicators, such as moving averages and RSI, are indicating bullish signs. The price has recently crossed above the moving average, enhancing the potential for a continued upward movement.
3. Support and Resistance Levels: The identified enter price of 7.03E-06 lies above a key support level, providing a favorable entry point. The take profit level of 7.14E-06 aligns with the next major resistance, offering a potential price target.
This analysis aims to provide a well-rounded perspective based on multiple factors influencing the market. Please ensure you assess this signal in conjunction with your own research and risk management strategies.
Happy Trading!
FLOWBTC trade ideas
Flow BTC | Top vs Bottom (Buy & Hold!)Let's consider a very simple dynamic for this trade-idea; TOP vs BOTTOM.
TOP: We have a high in March 2021. After this date, each time FLOWBTC moves up it produces are lower high. The end result after several months is a rounded top. This pattern predicts a bearish wave in the making.
BOTTOM: We have a low in July 2024. This is not necessarily the bottom but can be. If this is the bottom, we would see higher lows starting to form, so far this is true. The higher lows can produce a reversal pattern. The reversal pattern predicts a bullish wave in the making.
➖ The bearish cycle lasted 1,218 days. From March 2021 through July 2024.
➖ The bullish cycle can be a long one in order to balance out the bearish one.
We don't know how high nor for how long FLOWBTC will grow, but we know that it will move up. Knowing this, we buy and hold.
Namaste.
✳️ Flow Bottom Signals (600% Potential) A Massive Bullish WaveWe have quite a few strong bottom signals coupled with bullish signals... Flow can grow vs Bitcoin in the months ahead... Let's dive in.
FLOWBTC
➖ Notice a strong downtrend (blue dotted line) coming to an end.
➖ As a low is hit in June, volume starts to rise, letting us know that the bulls are ready to play.
➖ We get a second low in October and once again volume shoots up, confirmation of the initial low; change is on the way.
➖ Now we have a strong RSI.
➖ The MACD going bullish and Bitcoin starting to correct.
These signals combined reveal what's coming... A massive bullish wave .
It can all unravel within a few months.
➖ It will be wild.
➖ It will be fast.
➖ It will be big.
➖ It will be strong.
Thank you for reading.
Remember to like and follow if you enjoy the content.
Thanks a lot for your continued support.
Namaste.
✳️ Flow Hits Bottom (160% Potential Profits Short-Term)➖ On the left side of the chart, late 2022, we have an upward correction that leads to a strong crash.
The upward bias on this pattern reveals its potential bearishness.
➖ In June 2023 the first cup pattern shows up (Orange).
➖ The pattern that follows is the classic falling wedge, a wide one.
Here we have a downward bend and this predicts a raise in prices.
These patterns, the cup pattern and falling wedge are supported by a very strong bullish divergence with the RSI.
The RSI bottomed in June and has been rising since, while FLOWBTC continued to move lower.
This tells us that a reversal is around the corner.
More details on the chart.
Namaste.
FLOW/BTC - Flow: Trend_Reversal◳◱ Hey traders, A Trend Reversal has been identified on the TSX:FLOW / CRYPTOCAP:BTC chart. The trend of the price has reversed, indicating a potential trend change. The next resistance levels are located at 0.00001883 | 0.00002023 | 0.00002242, while the main support levels can be found at 0.00001664 | 0.00001585 | 0.00001366. Consider buying at the current price of 0.00001837 and benefiting from the trend continuation.
◰◲ General info :
▣ Name: Flow
▣ Rank: 77
▣ Exchanges: Binance, Kucoin, Huobipro, Kraken, Hitbtc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Flow is a blockchain created by Dapper Labs that aims to make it easy for developers to build decentralized applications and businesses. Flow uses a multi-role architecture design to scale the network instead of sharding. One of the fundamental reasons Dapper Labs opted to shift away from Ethereum and build its own general-purpose blockchain was to avoid the complexity of sharding. Flow asserts that its scaling-without-sharding strategy will improve network speed and throughput while preserving composability standards and a developer-friendly, ACID-compliant environment.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001837 ₿
▣ 24HVol: 118.539 ₿
▣ 24H Chng: 5.333%
▣ 7-Days Chng: 22.89%
▣ 1-Month Chng: -24.61%
▣ 3-Months Chng: -38.86%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001883 | 0.00002023 | 0.00002242
◢ Support: 0.00001664 | 0.00001585 | 0.00001366
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -2.90
▣ Last 90D: -2.72
▣ Last 1-Y: -0.65
▣ Last 3-Y: 0.61
◲◰ Volatility :
▣ Last 30D: 0.99
▣ Last 90D: 0.72
▣ Last 1-Y: 1.01
▣ Last 3-Y: 10.57
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.12 - V. Bearish
▣ In-depth FLOWBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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FLOWBTC - Sat in the Middle of a Channel, Still 20% Gains to GetLook at Flow on the 2d chart, there's been some really profitable trades in the last 8 or 9 months. In comparison the potential 20% gain we could be looking at here doesn't seem like all that much - but 20% is still huge!
Even though we're half way through this channel before getting a Long signal from Crypto Tipster v2 there's still plenty to be made in this trade, we're sat a healthy amount above a recent SR level so the price may sink down to touch this one more time before making it's way up the test the descending trend line once more..
Will it break through this time?
Maybe get a limit Buy in on that recent SR level @ 461 to really boost your gains on this one!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
FLOW (Dapper Labs): interesting daily chartThis idea is based on trend analysis and indicators:
- possible break of down-trend is bullish
- trend would be very similar to previous time with huge rise
- Indicator shows similar possible inversion
- Market should remain stable to confirm this idea.
(this is just an idea not a financial advise as I am not a professional)
No need to mention how good is this project and recent agreement with NFL, sporticon etc. NBA topshot birhday, has not yet been capitalized due to previous fall of bitcoin price.
FLOWXBT: 👀" What 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.
FLOW token
The FLOW token (“FLOW”) is the native currency for the Flow network and the keystone for a new, inclusive, and borderless digital economy. If Flow is the digital infrastructure, FLOW token is the fuel that powers the network. FLOW is the currency required for the network and all the applications on top of it to function. FLOW is designed as a payment method as well as a long-term reserve asset for the entire Flow economy. The token is used by validators, developers, and users to participate in the FLOW network and earn rewards. It is also used for fees and to participate in future protocol governance.
The Flow ecosystem
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.
Flow has a rich ecosystem comprised of top entertainment brands, development studios, and venture-backed startups. Flow ecosystem partners include global IP brands like Warner Music, Ubisoft, NBA and UFC; leading game developers, including Animoca Brands, Sumo Digital and nWay; leaders in crypto, such as Circle and Binance; as well as several noteworthy projects among the next generation of high-growth startups, including Opensea.
What makes Flow unique?
Learning from and improving upon existing solutions, Flow provides:
Multi-role architecture: Flow’s design is one of a kind, allowing the network to scale to serve billions of users without sharding or reducing decentralization of consensus.
Resource-oriented programming: smart contracts on Flow are written in Cadence, an easy and safe programming language for crypto assets and apps.
Developer ergonomics: from upgradeable smart contracts to the Flow Emulator, this network is designed for those who want to build valuable products for the community.
Consumer onboarding: Flow was designed for mainstream consumers, with payment onramps enabling a safe and low-friction path from fiat currencies to crypto.
Flow’s creators
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." source CMC
FLOW (Dapper Labs): incoming inversion with bullish perspectiveJUST FEW FOUNDAMENTALS:
1) as per #BuildOnFlow: In parallel to the incredible momentum with NBA Top Shot, Flow ecosystem is getting more vibrant than ever. Hundreds of developers and teams have already started building on Flow. This has been another week of amazing dev ecosystem uptake, with 30% week-over-week growth in developers & teams interested in building on Flow
pbs.twimg.com
2) Not yet listed on Binance and other main exchanges. Listing could happen in every momenti
3) So far not yet possible to buy in US and Canada. As soon as it wlll be there should be strong injection
4) Article like this mentioning Dapper Labs in top 10 gaming company beside Microsoft, Sony it sounds as a very good signals
www.fastcompany.com
TECHNICAL ANALYSIS
RSI smiling and close to 50
MACD shows bullish divergence is forming
Breakout of downtrend incoming
Same trend on FLOWEUR FLOWUSD...
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 - intersting formation over BitcoinChart and indicator show intersting possible bullish cup and handle formation.
I am not a professional but suggest to follow this coin and its volume...