Flow: Your Altcoin ChoiceBefore starting, I want to show you the linear chart for FLOWUSDT. I always use the log. chart to be able to see the high and lows and the candles more clearly.
When the candles become flat and almost invisible, it means the market is trading at bottom prices. This is FLOWUSDT long-term:
This applies to all pairs and Cryptocurrency projects. When the candles become almost invisible, it means that the current neutral market cycle has been exhausted. Next comes the bull market.
Now we can go to the full chart with all the data and drawings.
The logarithmic chart reveals all the info but it is hard to appreciate how low really a Crypto pair is trading in relation to past action. This is very important if you do your own technical analysis and numbers. This is important if you do your own search for good entry prices. Just go linear and see what the chart reveals.
FLOWUSDT is trading at a new All-Time Low. The ATL session has no bearish volume but instead is about to close green. Bears are gone. They had control of the market for so long, but this is over now.
A new ATL is good because it opens the doos for new players and also maximum growth. A bull market cannot come out of a new All-Time High. Out of an All-Time High, only a bear market can develop. Out of bottom prices, we can see sustained long-term growth. So there is always some positive that can be extracted out of the negative.
When prices are high, all is good because we are growing; there is money and there are profits. When prices are low, all is good because we can prepare for a growth phase. Regardless of how you look at it, everything is always nice, good, positive and great. Adopt the right mentality and you're bound to achieve success.
It is impossible to mistake the action on the chart. A bear market, a sideways market and then comes... A bull market.
» The bear market is marked as (1) on the chart.
» The sideways market is marked as (2).
» The bull market comes next, (3).
I am keeping it simple, because there is not much more for me to say; I am keeping it simple, because simple is best.
Namaste.
