Flamingo(FLM) | Trading Plan
Updated
Hello, everyone!
OVERVIEW
Flamingo is a DeFi platform based on the Neo blockchain and the Poly Network protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway, an on-blockchain liquidity pool, a blockchain asset vault, a perpetual contract trading platform and a decentralized governance organization.
FUNDAMENTAL ANALYSIS
Product 5/10
The Flamingo is just DeFi, it has no personal blockchain. I will never mark the DeFi very high because it is not the fundamental project. But Flamingo has the same creator as the NEO, this fact increases the chances that this project will succeed.
Tokenomics 8/10
Flamingo has no maximum supply, but it has 100% of total supply in circulation. The supply shocks are not anticipated.
Partnerships 2/10
This project has lack of famous partners, but the fact that the twitter is almost dead concerns me much more.
Exchanges 6/10
There are only Binance and OKEX listed FLM token, it is not so good.
Market Information 8/10
The price made 4x from all time low and this is good. Moreover, Flamingo has low capitalization and it can make 4-6x from current price with the whole cryptomarket growth.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
OVERVIEW
Flamingo is a DeFi platform based on the Neo blockchain and the Poly Network protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway, an on-blockchain liquidity pool, a blockchain asset vault, a perpetual contract trading platform and a decentralized governance organization.
FUNDAMENTAL ANALYSIS
Product 5/10
The Flamingo is just DeFi, it has no personal blockchain. I will never mark the DeFi very high because it is not the fundamental project. But Flamingo has the same creator as the NEO, this fact increases the chances that this project will succeed.
Tokenomics 8/10
Flamingo has no maximum supply, but it has 100% of total supply in circulation. The supply shocks are not anticipated.
Partnerships 2/10
This project has lack of famous partners, but the fact that the twitter is almost dead concerns me much more.
Exchanges 6/10
There are only Binance and OKEX listed FLM token, it is not so good.
Market Information 8/10
The price made 4x from all time low and this is good. Moreover, Flamingo has low capitalization and it can make 4-6x from current price with the whole cryptomarket growth.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Note
Note
TRADING PLANTechnically I like FLM. It touched the Interest Zone and the Bollinger Lower Band on the 3D timeframe. I managed to buy FLM at the very bottom $0.4. Now I am in small profit and don’t want to buy more. If the price drops below the $0.4, I consider the new entry point according to DCA strategy. Please, subscribe us to watch out our trading decision with FLM token.
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Disclaimer
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