Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FLOWUSDT
Here we have R1 as our resistance line and it shows the price was unable to rise. S2 is the support line and as well as S1 (a 4-hour support line) represents the support of the price at some points. At the present, the price is fluctuating in a descending channel and on S1 and we expect it to rise to R1 and by the time it moves above R1 and we receive confirmation candles, we will predict more rise for it. Even it is possible for the price to move below S1 and by a pull back to S1, again experience another fall toward S2. The point that the price will have a pull back, is considered a good area to enter or leave trading. But please consider stop loss points to have less risky trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FLOWUSDT
Here we have R1 as our resistance line and it shows the price was unable to rise. S2 is the support line and as well as S1 (a 4-hour support line) represents the support of the price at some points. At the present, the price is fluctuating in a descending channel and on S1 and we expect it to rise to R1 and by the time it moves above R1 and we receive confirmation candles, we will predict more rise for it. Even it is possible for the price to move below S1 and by a pull back to S1, again experience another fall toward S2. The point that the price will have a pull back, is considered a good area to enter or leave trading. But please consider stop loss points to have less risky trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.