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The key is whether the price can be maintained above 0.435

Long
BINANCE:FLOWUSDT.P   FLOW / TetherUS PERPETUAL CONTRACT
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(FLOWUSDT.P chart)

(1D chart)
The key is whether it can receive support in the 0.414-0.443 range and rise above 0.454.


(1h chart)
To do so, we need to check whether it can receive support in the 0.427-0.434 range and rise above the 0.434-0.452 range.

If the price is maintained above the 0.432 point, which is the standard for the 0.434-0.452 range, attempts to rise are expected to continue.

At this time,
1st: 0.438
2nd: 0.447
3rd: 0.452
A response is needed depending on whether support or resistance is received around the 1st to 3rd positions above.

If it rises to the 0.449-0.470 range, there is a high possibility of resistance, so I think it is a good idea to choose whether to continue trading or check the flow after liquidation.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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