Flow / Tether USD

FLOW Basic Analysis

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Based on the combination of the Heikin-Ashi candle stick pattern and the support and resistance lines we can conclude that from 01 to 05 Mar 21, there was a strong bullish pattern , then a bearish one until 23 Mar, with the start of the bullish pattern that emerged after colliding with a strong support zone.

Other indicators:
RSI: Bullish
Stoch RSI: Bullish
MA Ribbon: Bullish

Conclusion:

If the asset manages to break through the resistance zone, which is the most likely scenario due to the several bullish indicators, and the fact that the project (onflow.org/) is extremely good, shows constant growth (coin listing today coinmarketcal.com/en/event/coinex-listing-64221), and the communities affiliated with it (cryptokitties.co/ & nbatopshot.com/) are producing massive gains, it should continue on this bullish push towards a new ATH, hopefully in the upcoming week.

PS: This is not financial advice, only my opinion based on what I have noticed.

If you like my idea, just give me a like, and if you disagree with me, since evidently we are human and susceptible to mistakes, kindly share your comment, and i will gladly take your point of view into consideration.

Take Care, Have a Lovely Day and Stay Happy.

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