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πŸ“‰πŸš€ #FLOW/USDT Falling Wedge Setup Alert πŸš€πŸ“‰

Long
CRYPTO:FLOWUSD   Flow
Hey traders! πŸ“£

I've identified an exciting opportunity on the $FLOW/USDT chart. 🧐

πŸ“‰ Price Action: FLOW is currently forming a falling wedge pattern, which can be a bullish sign! πŸ“ˆ

πŸ“Š Technical Analysis:

Falling Wedge Pattern βœ…
Decreasing Volume βœ…
Potential Breakout Brewing βœ…
πŸ“… Timeframe: Keep a close watch on this setup as it unfolds, and patience may pay off.

🎯 Entry Point: Consider an entry upon a breakout above the upper wedge trendline. πŸš€

πŸ›‘ Stop-Loss: Prudent risk management suggests setting a stop-loss just below the lower wedge trendline.

🎯 Price Targets (Next 3-6 months):

Short-Term: Target the wedge's upper trendline, aiming for $0.80 - $1.00 🎯
Mid-Term: If momentum continues, target $1.00 - $1.40 πŸš€
Long-Term: For the patient traders, the wedge's full potential could reach $1.40 - $3.00 🌟
πŸš€ Major Swing Target: The ultimate goal is a swing to the top of the wedge at ~$28. 🌠

Remember, always conduct your own research and use appropriate risk management strategies.

Let's keep a close eye on $FLOW/USDT as it approaches the wedge apex! πŸ€‘πŸ’°

Happy trading! πŸ“ˆπŸ“‰πŸ€ž
#Crypto #TradingView #TechnicalAnalysis #FallingWedge #BullishSetup

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