FOLW/USDT Analysis Update 📈📉
Hello traders, what's going on today ?!
As you can see in ,Since 20 Jan 2022, that I posted the last analysis for FLOW, after retesting prior pivot zone ,as other altcoins it has been declining until now and recently and even lost the lowest support level by a massive drop . (more than 80 %💰 (1x)short).
So in today analysis on the Daily timeframe for flowusdt , as you can see the impulsive downward wave(12345 of Elliot waves) it has been declining til now but recently it started an uptrend corrective wave (ABC), and it is trading above a strong support zone , and also some positive divergence have revealed recently , so more likely can rise over here , and if it be able to breakout the decending trendline then can rise more and see the higher resistance zone. but if it loses the recent support it can even fall on the lower support FIBO lvls.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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