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๐Ÿ“‰๐Ÿš€ #FLOW/USDT Falling Wedge Setup Alert ๐Ÿš€๐Ÿ“‰

๋กฑ
CRYPTO:FLOWUSD   Flow
Hey traders! ๐Ÿ“ฃ

I've identified an exciting opportunity on the $FLOW/USDT chart. ๐Ÿง

๐Ÿ“‰ Price Action: FLOW is currently forming a falling wedge pattern, which can be a bullish sign! ๐Ÿ“ˆ

๐Ÿ“Š Technical Analysis:

Falling Wedge Pattern โœ…
Decreasing Volume โœ…
Potential Breakout Brewing โœ…
๐Ÿ“… Timeframe: Keep a close watch on this setup as it unfolds, and patience may pay off.

๐ŸŽฏ Entry Point: Consider an entry upon a breakout above the upper wedge trendline. ๐Ÿš€

๐Ÿ›‘ Stop-Loss: Prudent risk management suggests setting a stop-loss just below the lower wedge trendline.

๐ŸŽฏ Price Targets (Next 3-6 months):

Short-Term: Target the wedge's upper trendline, aiming for $0.80 - $1.00 ๐ŸŽฏ
Mid-Term: If momentum continues, target $1.00 - $1.40 ๐Ÿš€
Long-Term: For the patient traders, the wedge's full potential could reach $1.40 - $3.00 ๐ŸŒŸ
๐Ÿš€ Major Swing Target: The ultimate goal is a swing to the top of the wedge at ~$28. ๐ŸŒ 

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! ๐Ÿค‘๐Ÿ’ฐ

Happy trading! ๐Ÿ“ˆ๐Ÿ“‰๐Ÿคž
#Crypto #TradingView #TechnicalAnalysis #FallingWedge #BullishSetup

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