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MyCryptoParadise_Simon
Sep 19, 2023 10:02 AM

FLOW Just Broke Descending Channel | Flow Bullish Momentum  Long

FLOW / TetherUSBinance

Description

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💎 Paradisers, get ready for an electrifying chance with FLOWUSDT! Having recently shattered its descending channel trend line, the asset is in the process of retesting this level, paving the way for a potential bullish leap.

💎Just a few days ago, FLOW sketched a sturdy descending channel, making contact with the trend line on several distinct occasions before finally breaking itself.

💎What ignited this breakout? Our deep dive into the High Time Frame (HTF) weekly chart unveils a bullish weekly candle, indicative of powerful buying momentum.

💎The volume profile is equally telling, showing fluctuations that correspond with the range of the candle. This retest could serve as a prime trading gateway.

💎However, if the FLOW plunges below the trend line, brace yourself for a considerable downward trajectory. In such an event, strategize your short positions meticulously.

💎Stay on the cutting edge and trade wisely!
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