FLOWPERP trade ideas
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.
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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FLOW - TO $41.00Flow, the blockchain for open worlds
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. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.
Flow empowers developers to build thriving crypto- and crypto-enabled businesses. Applications on Flow can keep consumers in control of their own data; create new kinds of digital assets tradable on open markets accessible from anywhere in the world; and build open economies owned by the users that help make them valuable.
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.
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FLOWThe laggard of the Metaverse/NFT index. My premise is that FLOW will soon come out of its slow crawl to the crypto graveyard due to the myriad of fundamental actors that suggest it should be elsewhere.
Compared to even the newest additions to the metaverse tokens, flow lags in price appreciation. However, this may change over time as FLOW has gained fundamental strengths which should keep things interesting.
Flow has recently come began a multi-year partnership with Google Cloud to serve as a network operator for Dapper Labs (FLOW). Along w/ previous developments on CryptoKitties and NBA Top Shot, FLOW currently has an event #OnFlow going on and I feel like there may be an announcement soon that can be the catalyst to kick the green dildos off, no homo.
Looking at the charts, FLOW is at a discount. Of the 282 days since launch, price has only traded below $11 for 39 days.
Looking at the 4H, price is also just around the 200EMA which suggests a bounce is incoming.
Pattern wise, I can see a symmetrical triangle forming with lower highs and higher lows.
The price action also reminds me of 1INCH, another defi laggard that had a crazy pump recently.
FLOWWhat is Flow?
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. Flow is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot.
Good Project. Last news was a Partnership with Google :
cointelegraph.com
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Trading Parts :
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Buy : Now
Rebuy : 20$
TP1 : 39$
TP2 : 59$
Stop Loss : 17.5$
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Like always follow TheKing for safety.
Happy Tr4Ding !
FLOW// Wen Moon?Since the Binance listing, price has been stabilized within a small range for almost a month in an accumulation zone.
Flow was one of the first coins to pop off the first leg of ALT szn in February and is now currently looking like one of the lagging few. This could either mean opportunity, or that FLOWs goin to the Crypto Graveyard (doubt this).
Haven't checked out any recent fundamentals but with NFTs booming, Id expect FLOW to atleast give a 40% pump...nothing too shaby
Because of all the aforementioned, I definitely think $FLOW holds a great buying opportunity currently with strong support below.