Think it is time to update the main plan again. I want to start this by saying Koreans are the most insane/goated traders propably who exists in the space. That giga candle directly to the opening rangle blow me away (even I was snoozing at the time when it was hit)….
Another thing that amazes me is how things are heating up like in a steam engine… first we are moving slow and steady with progress and at some point the speed is turning into non linear velocity - suddenly T1 exchanges ”everywhere”, Governmental AI research authority partnership, introduction of DAT where Flock is not only an asset on balance sheet and major ecosystems like Sui building with Flock… oh boy…
Now that said we can have quick look at the chart (and I know this is the reason why your lurking here): So let me start by asking what has changed since last post?
We did penetrate the Months old supply zone with real volume and momentum this time. Then major price correction happened from a area that was expected long ago to be the major TP for most long term swing traders.
We are now hovering around 0.388$ (at the time of writing)… So what should we think or hope to see next?
Like I have always said the HIGH TIME FRAME aka weekly and monthly is the key time frame. Those look more than healthy for me. So can we go lower from here?
Ofcourse, but expect the supply zone to be a demand zone at this point if that ”sadly” happens. Not saying it will, but well see.
As for upside potential, all the fresh liquidity sits at higher levels. Basicly everything above ~0.5 to the turning point I am seeing now as fresh liquidity. And what market usually needs for the move for either direction? Yes correct, liquidity… so as long as the trend on HTF is healthy, liquidity is available higher and the volume and momentum exists, there is always room in my eye for liquidity grabs 😏
That said may Flock rise again!
New chapter opening for all the early holders (and new comers): we are about to enter price discover very soon. This means we are also about to flip the green supply zone as a support (demand zone). What a incredible journey it has been so far and its far from ending. Pumped AF! $FLOCK IT!
Lets do tech analysis since now chart looks okay plus privacy and AI (BOTH) related plays are doing well. So below all im looking at $FLOCK chart/ pa… current area for me acts as ”trigger area” for bulls -> hold this area and we can test the higher area which has alot liquidity which has not been taken yet. Jes YET! Weekend is volatile so eon’t get too excited yet. But yes we have HH and momentum/volume is okay for now. But soon well know if its finally time for bullish reversal 🫡🙏🏻
Chart Flock/USDT binance perps.
Been quiet for some time about $Flock and in generally as well. I have been busy enjoying life and had small break from crypto. Earned break...as for my ”support” to the project I took advantage of blood bath that hit the market some time aho and bought more flock….Wild times. The little guys got slaughtered totally…
…even while being quiet, I have been still following every move the team has made and every improvement they implemented. No change in the direction making flock one of the leading projects in AI related crypto projects imo.
BUT….Has been some time since I got excited about the progress announcements….This seems very exciting and promising @flock_io 🤝
Thank you guys (team) still working your 🍑s off and being enthusiastic about the solutions DeAI hopefully might bring us.
FLock API Platform is adding support for x402 by @coinbase.
Soon, agents will be able to pay and access fine-tuned models from https://t.co/YkoQx8t9ue directly.
”There is ”nothing” to be learned when the market is green. All the good lessons happen when the market is red”
Take this dip as perfect lesson.
- Andre
Yday 61k and today 53.7K
And I want to be very clear with you: I don’t touch memes, literally never ever. This one was ”1 in a million” type exeption.
Ps still holding my $Flock , full poss!
Repost/typo fix:
Gm and relaxing Sunday everyone!
Today I decided to have a look at volume during $Flocks @flock_io uptrend (which started around April)
Data provided by @CoinMarketCap
So I wanted to find out how the volume has changed since the start of this uptrend in order to determine possible demand and trend in the future as well (from perspective of volume).
So here are my thoughts:
- in order for price (which we use to determine the trend) to move higher, the volume needs to increase as well periodically
->The uptrend started at April and has lasted till this day. (Bcs this Month is still on going I won’t include it into this examination) - so we are examining 6 Months
-> Looking and comparing the volumes during the uptrend at the start, in the middle and close to current time line should give us an idea of the strenght of the trend (when we iclude price action in the examination!)
NOTES:
***Bcs the number of Months is even number we have to use June & July as the middle of time line and the trend***
The volume examination is in WEEKLY volumes. ALSO we will exclude the biggest and the smallest number from the examination***
Results:
April: Range 61-65M~$
June & July: Range 51-171M$
Sept: Range 377-386M$
Conclusion:
the lowest price of these Months:
April: 0.035$, June/July: 0.134$, Sept 0.23$
-> because of the weekly volume and lowest price points have been increasing, we can safely say that the uptrend has been clear during this 6 Months
-> in order to be worried about trend reversal (in terms of volume) we would need to see the volume drop below the Sept volume range and price should close below 0.23$.
Just my personal view, again ☺️👍🏻
GM lads!
Heres some interesting @flock_io whale activity. Data provided by @arkham 🙏🏻
I did some research and I was interested to find out about wallets containing more than 100k$ worth of $Flock …Second criteria was that the wallet activity needed to be within 1 Month range. And here are the results:
9 wallets in total.
Based on their timing we can guess two things:
-The area where they entered and their average price (range)
-are they more ”likely” to hold or sell in the future
In order for most of these ppl to hold, the price would need to stay above 0.23-0.25$ (reminder, just a guess)
These two biggest on the list are currently imo sitting at loss. But they have not moved or sold anything (yet)
Pretty interesing imo.
So you could argue if we are nearing (or already within) a support area.
What do you think guys 🧐?