Fluence/TetherLong
FLTUSDT: breakout, retest done, potential 16x gains!!
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Let's analyse FLTUSDTUSDT:
TECHNICAL ANALYSIS:
FLT has successfully broken out of a symmetrical triangle pattern, indicating a potential bullish trend reversal. The recent dip appears to be a healthy retest of the breakout level.
The price is currently holding strong support from the 50-day and 100-day EMAs on the daily timeframe. However, the 200-day EMA at 0.4701 acts as a significant resistance level.
A potential listing on Tier-1 exchanges could significantly boost FLT's market cap and lead to substantial price appreciation. With a potential 1700% upside from current levels, FLT presents an attractive investment opportunity.
Key Level:
Entry zone: Current Market Price to $0.30
Targets:
$0.47 (For leveraged trade)
$0.68 (For leveraged trade)
$1.33 (Spot holding)
$5.70 (Spot holding)
FUNDAMENTAL ANALYSIS:
Fluence, a decentralized cloudless computing platform, offers a scalable, cost-effective, and secure solution for various applications. It leverages excess compute capacity from top-tier data centers to provide serverless computing, data processing, and blockchain optimization. Fluence's decentralized infrastructure and wide range of applications make it a valuable tool for developers and businesses.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse FLTUSDTUSDT:
TECHNICAL ANALYSIS:
FLT has successfully broken out of a symmetrical triangle pattern, indicating a potential bullish trend reversal. The recent dip appears to be a healthy retest of the breakout level.
The price is currently holding strong support from the 50-day and 100-day EMAs on the daily timeframe. However, the 200-day EMA at 0.4701 acts as a significant resistance level.
A potential listing on Tier-1 exchanges could significantly boost FLT's market cap and lead to substantial price appreciation. With a potential 1700% upside from current levels, FLT presents an attractive investment opportunity.
Key Level:
Entry zone: Current Market Price to $0.30
Targets:
$0.47 (For leveraged trade)
$0.68 (For leveraged trade)
$1.33 (Spot holding)
$5.70 (Spot holding)
FUNDAMENTAL ANALYSIS:
Fluence, a decentralized cloudless computing platform, offers a scalable, cost-effective, and secure solution for various applications. It leverages excess compute capacity from top-tier data centers to provide serverless computing, data processing, and blockchain optimization. Fluence's decentralized infrastructure and wide range of applications make it a valuable tool for developers and businesses.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
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