MyCryptoParadise_Simon

FLOW/USDT Assessing Breakout Potential Above Resistance? 👀 🚀

看多
BINANCE:FLOWUSDT   FLOW / TetherUS
💎 Paradisers, focus on #FLOWUSDT as it showcases a strategic move in the market. The asset is currently poised to challenge a critical resistance level, suggesting a strong likelihood of an upward trend upon a successful breakout.

💎 Analyzing #FLOW historical performance reveals its adherence to a descending channel pattern, with subsequent upward movements following successful breakouts. Presently, FLOW is demonstrating a concerted effort to breach a key resistance level, while maintaining robust momentum above the EMA.

💎 This setup indicates a high probability of overcoming the resistance at $.735. If this breakout is achieved, #FLOW is targeting subsequent resistance levels at $.916 and $1.071, marking potential new highs.

💎 However, in the dynamic world of cryptocurrency trading, #FLOW traders should remain prepared for all possibilities. A fallback strategy would involve anticipating a bullish rebound from the support level of $0.599, in case the breakout effort falters.

💎 Importantly, a decline below this support level might suggest challenges in sustaining the bullish trend and necessitate a reassessment of the trading approach. 🌴💰


Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

GO FREE👉 t.me/+BPd2gjl6OHZjYmQ0

🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。