FLOW: Watch for Bullish Confirmation at Support Level. 🚀
💎 FLOW has broken out of a resistant zone and is now poised to retest that level.
💎 If FLOWUSDT demonstrates any bullish confirmation at this level, it could potentially act as support, and we may anticipate targets until the next resistant levels.
💎 However, if the price breaks down below this level, we can expect a bounce from the bullish OB. Confirmation via a bullish candlestick pattern would be necessary in this scenario.
💎 In the event of a breakdown below the bullish OB, it would be considered bearish. In such cases, it's advisable to wait for better price action before making any decisions.
💎 If FLOWUSDT demonstrates any bullish confirmation at this level, it could potentially act as support, and we may anticipate targets until the next resistant levels.
💎 However, if the price breaks down below this level, we can expect a bounce from the bullish OB. Confirmation via a bullish candlestick pattern would be necessary in this scenario.
💎 In the event of a breakdown below the bullish OB, it would be considered bearish. In such cases, it's advisable to wait for better price action before making any decisions.
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.