FLIGHT FLARE
Updated
Hi!
This is the situation on many altcoins, and FLARE is no exception.
A 4 hour or 1 day chart will tell you a little bit about what awaits this altcoin.
You need charts of at least 1 week, and preferably more.
That's 10D (as there is not yet the right history here to effectively apply 19D or 26D).
Watch the Ichimoku clouds.
The Tenkan and Kijun crossed with a golden cross. And soon crossed with the death cross.
In addition, the indication lines entered the cloud. But the Kijun is under the Tenkan and the candles are below both lines.
That's a bad sign, the price will fall out of the cloud.
We're probably talking about a retest of the bottom at $0.0078.
I'm going to place buy orders from 0.017 to 0.008 with 10% spacing between buy orders.
The green cloud may not start to form until the spring of 2025. I have schematically drawn it, while I am not clear about the potential of the asset, but judging by the chart it is big.
This is the situation on many altcoins, and FLARE is no exception.
A 4 hour or 1 day chart will tell you a little bit about what awaits this altcoin.
You need charts of at least 1 week, and preferably more.
That's 10D (as there is not yet the right history here to effectively apply 19D or 26D).
Watch the Ichimoku clouds.
The Tenkan and Kijun crossed with a golden cross. And soon crossed with the death cross.
In addition, the indication lines entered the cloud. But the Kijun is under the Tenkan and the candles are below both lines.
That's a bad sign, the price will fall out of the cloud.
We're probably talking about a retest of the bottom at $0.0078.
I'm going to place buy orders from 0.017 to 0.008 with 10% spacing between buy orders.
The green cloud may not start to form until the spring of 2025. I have schematically drawn it, while I am not clear about the potential of the asset, but judging by the chart it is big.
Note
The Whalemap indicator marks areas of great buying.
There was a big buy a year ago.
These levels are starting to work as support.
Okay, here's a possible version during the alt season.
Price moving towards the 0.5 Fibonacci level.
Note
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