FLOW
FLOW Bear blocking
BINANCE:FLOWUSDT is lingering in a Bear block (overbought) arbitrarily ranging between 3.14 and 2.97.
Daily metrics are a bit of a mixed bunch, Volume % change had a noticeable drop off. I wouldn't recommend using something as simple as RSI on FLOW, too shifty.
As I'm writing this, 1H candle is a real battle between Bulls and Bears.
It is important to be aware of how easy FLOW moves, +44.75% gain on a recent 4H candle, multiple examples of +10% on tiny volume are easily spotted on a FLOW chart.
My plan before deciding on a Long or Short FLOW trade, if any trade at all, I'll set an Alert for price crossing 2.92 and observe:
2 FLOW Setups
Long FLOW - 2.92 is tested and rejected twice, Long target 3.61
Short FLOW - price breaks below 2.92 on a second rejection, retests 2.92 and fails, Short target 2.50
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
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It's FLOW!!! oh, not that Flow..
Earlier today, you might have noticed a short lived Pump on BINANCE:FLOWUSDT
a16z announced it's investment in Flow, a new startup by Adam Neumann (WeWork), same name, no relation to BINANCE:FLOWUSDT
The importance of due diligence before entering a trade.
I'm still following my original idea (linked below) for BINANCE:FLOWUSDT , slowly moving take profit on the short trade.
NYSE:WE
Flow coin formed bullish Gartley for upto 14% pumpHi dear friends, hope you are well and welcome to the new trade setup of Flow coin with US Dollar pair.
Previously we had a nice trade of Flow:
Now on a 4-hr time frame, AR has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Waiting patiently for FLOWOk, today I was thinking to short this just that then I've shorted UNI.
I think that since FLOW dipped around 11% it needs to bounce upward a little bit and then go down. If instead it breaks the support it'll go down right away but in that case I'll lose the train because I do 1 short per time and I'm already shorting UNI.
The chart structure to me looks bearish, I don't think the breakdown will happen today but it'll happen soon I think.
Keep an eye on it
Flow (FLOW) - August 9hello?
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(FLOWUSDT 1D Chart)
Resistance: 4.785-5.210
1st support: 2.523-2.980
2nd support: 1.501-1.684
The key is whether it can be supported around 2.980.
If it goes down from 2.980, we should see if there is support in the 2.523-2.980 range.
If it drops from 2.523, you need a Stop Loss to get cash.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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FLOWUSDT(FLOW) Daily tf Range Updated till 08-08-22FLOWUSDT(FLOW) Daily timeframe range. look at this chart how clean it looks. not heavily used and not much of out of place moves. even tho volume is not that big in here. a clean chart always less complicated to make trading plan with for any trading setups. there were good amount of swing setups here, there are range setups but scalp setups are not that safe as for volume. fundamentals are upto recent state but devs need to put more work to get it more progressive on the price action.
Will FLOW continue to grow?Hello everyone, let's take a look at the 1D FLOW to USDT chart as you can see the price has broken out of the downtrend channel.
Let's start by designating support sites that we can consider:
1. $ 2.69
$ 2.38
3. $ 2.16
and
4. $ 1.59
Now let's move on to the resistance that the price has on its way:
1 - $ 3.26
2 - $ 3.82
3 - $ 4.63
4 - $ 5.48
5 - $ 6.68
and
$ 6-8.20
Looking at the CHOP indicator, we can see that in the 1D range the energy was mostly used, and the MACD indicator shows a local upward trend.
Flow coin formed bullish Gartley for upto 17.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Flow coin.
On 4-hour time frame, FLOW has completed a bullish Gartley pattern. At the moment, after complaint the final leg priceline has slightly moved up, therefore, we can wait for the price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FLOWUSD Where it's best to buy next.FLOW (FLOWUSD) is extending the strong 1D green candle that posted yesterday, having broken above the 1D MA100 (green trend-line), turning the 1D MA50 (blue trend-line) into a Support. The 1D RSI is at the highest (overbought) levels it has ever been and as the price is just below the 0.5 Fibonacci retracement level, it is best to wait for a pull-back to the 1D MA50 in order to buy again. If however the price breaks and closes above the 1D MA200 (orange trend-line), that would be a break-out buy signal into a new Bull Phase, in which case the first target would be 8.2800.
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Flow at important volume resistanceFlow at important volume resistance combined with a bullish MA-Ribbon bullish
But we also see a hidden bearish divergence with a lower high on price but higher high on RSI
A correction is more than likely IMO - but MA-Ribbon might be new support for more breakout trials dear Crypto Nation
Drop me a nice comment about your thoughts
*not financial advice
do your own research before investing
$CPB Long IdeaCPB had some sweeps and block call flows yesterday and the cart looks good IMO with a nice gap above, strength and volume uptick.
Trader went 5/6 48 calls 300K premium and 5/20 call sweeps 48/49 strike.
I like more time, so I'm long 5/20 49 calls, swinging and singing baby
Target would be gap close 48.78 but will start trimming calls on the way .
Cheers






















