$FLOW #FLOW 📉
Direction: SHORT
Entry zone: 0.0196 to 0.0199
Stop loss: 0.0204
Target 1: 0.0190
Target 2: 0.0185
Flow is trading near 0.0197 dollars, down 2.59 percent in 24 hours, inside a range of 0.0189 to 0.0203 dollars, and the recent closes show sellers pressing lower, 0.01963092, then 0.01981109, then 0.0197263, then 0.01976706, then 0.0196972. 🔴 My reading is that FLOW is rolling over at the bottom of its range, because five closes stuck around 0.0197 dollars with the price sitting near the 24 hour low tells you buyers are not defending this level, and a weak Bitcoin near 71,406 dollars gives it no help. A short from the current zone, with a stop above 0.0204, targets 0.0190 first and then 0.0185 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does FLOW break 0.0190 today, or reclaim 0.0204 first? 🤔
Follow for more trades.
#Flow #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.0196 to 0.0199
Stop loss: 0.0204
Target 1: 0.0190
Target 2: 0.0185
Flow is trading near 0.0197 dollars, down 2.59 percent in 24 hours, inside a range of 0.0189 to 0.0203 dollars, and the recent closes show sellers pressing lower, 0.01963092, then 0.01981109, then 0.0197263, then 0.01976706, then 0.0196972. 🔴 My reading is that FLOW is rolling over at the bottom of its range, because five closes stuck around 0.0197 dollars with the price sitting near the 24 hour low tells you buyers are not defending this level, and a weak Bitcoin near 71,406 dollars gives it no help. A short from the current zone, with a stop above 0.0204, targets 0.0190 first and then 0.0185 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does FLOW break 0.0190 today, or reclaim 0.0204 first? 🤔
Follow for more trades.
#Flow #Crypto #FuturesTrading #TradingSignals
