Good Thursday my beloved Cryptocurrency trader, we have a great chart ready for you today.
Flux Network (FLUXUSDT) is coming out of new All-Time Low and is showing the strongest possible combination of bullish signals... Let's dive in!
On the 04-Sep session we have an inverted hammer bullish candlestick pattern, this pattern shows up at the end of a trend to signal a potential reversal. The pattern is only confirmed after a new session closes above the wick high, this is the case with FLUXUSDT.
Just as a new ATL is hit, the hammer shows up with really high volume, the highest buy/green volume ever for this pair and this is followed by multiple green sessions, 4 straight weeks closing green as FLUXUSDT moves above EMA10 and EMA21 weekly.
Couple this with a rising RSI and a broken downtrend (descending channel/falling wedge) and we have a perfect combination of bullish signals.
Multiple targets are mapped on the chart.
It doesn't matter how far it goes in the short-term, we can expect a new bullish trend to develop, which means higher highs and higher lows long-term.
This is a good pair.
Thanks a lot for your amazing and continued support.
You are appreciated.
Namaste.
Flux Network (FLUXUSDT) is coming out of new All-Time Low and is showing the strongest possible combination of bullish signals... Let's dive in!
On the 04-Sep session we have an inverted hammer bullish candlestick pattern, this pattern shows up at the end of a trend to signal a potential reversal. The pattern is only confirmed after a new session closes above the wick high, this is the case with FLUXUSDT.
Just as a new ATL is hit, the hammer shows up with really high volume, the highest buy/green volume ever for this pair and this is followed by multiple green sessions, 4 straight weeks closing green as FLUXUSDT moves above EMA10 and EMA21 weekly.
Couple this with a rising RSI and a broken downtrend (descending channel/falling wedge) and we have a perfect combination of bullish signals.
Multiple targets are mapped on the chart.
It doesn't matter how far it goes in the short-term, we can expect a new bullish trend to develop, which means higher highs and higher lows long-term.
This is a good pair.
Thanks a lot for your amazing and continued support.
You are appreciated.
Namaste.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Great timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
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🏆 FREE Trade-Numbers
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💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Great timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6132
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.