Flare Crypto Currency to buy. Long-term investmentFlare Crypto Currency is a long-term investment now that the strong monthly demand level at 0.0119 took control. Expecting a decent rally from this demand level.
Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers decentralized access to high-integrity data from other chains and the internet. This enables new use cases and monetization models, while allowing dapps to serve multiple chains through a single deployment.
Flareusd
FLARE breakout appears to be imminent! After hitting a nice high of around .056 earlier in the year, FLR is looking like it's about to make a nice move upward. Currently at the bottom of a descending wedge pattern, it's very likely that we will see FLR breakout of this wedge in the coming days.
Good luck, and always use a stop-loss when trading!
FLARE Cup & Handle holds immense potential moving forward!Flare has had some impressive gains as of late, but the charts seem to indicate - after an ugly pullback into the handle low, a potential move northward that would be worthy of a golden-crown.
Picking up additional coins to add to your spot-bag, or long-term holdings at the handle-low, could add additional profits to your digital wallets in the coming C wave.
Good luck, and always use a stop-loss!
The FLARE cup & handle is evolving nicely!Flare has been forming a cup & handle formation for quite some time now. It appears that the cup is now fully formed, and price will now start to fill in the handle. In order to fill the handle, FLARE will have to drop down into the mid .02's range, and do the hokey-pokey for a little while.
Good luck, and always use a stop.
FLARE has now set the boundaries for a potential cup & handle.I posted a previous chart that surmised a potential cup & handle may be attempting to develop. Now that the recent breakout has pulled back, it has given us the ability to determine the height of the cup, and the pullback will also help us to determine the potential depth of the lower trend line on the handle. The white dashed line is my estimate of the general area I believe it could be.
This is a great sign! With the recent bounce we've seen the past 10 days or so, FLARE is now on a lot of people's radar who missed the recent breakout, and are now looking for a potential entry point moving forward. This could give us the volume we need in the coming weeks/months to breakout of the cup & handle pattern, and see even more impressive gains in the near future.
Keep in mind it will take time for this handle to fill in, assuming that the cup & handle will continue to form moving forward, but at this point it's looking highly probable.
Good luck, and always use a stop loss!
FLARE looks to be building a cup & handle formation.FLARE (FLR) recently went from being hated by some to quickly being loved by most! Leave it to a crypto doubling in price to change investor sentiment in a positive direction.
FLARE (FLR) looks to be in the mid-stage of building a classic cup & handle formation, which we are seeing in a variety of cryptos right now such as HBAR, ALGO, TRU, ONE, REEF, and a few others. Identifying these potential trends can make trading these cryptos much easier by making it possible to identify potential entry and exit points within the trades, as well as predicting the directionality, i.e., long or short.
I'm holding a bag of FLARE and will likely continue to hold it for many years to come.
Good luck, and always use a stop.
Keep an eye on Flare..I've been watching Flare for quite some time plotting a potential entry for a long-term hold. (See my previous posts on Flare.)
This chart shows that each time the histogram on the MACD is green, once the green bar turns white it signals a downturn in the price (as indicated by the red arrows), and those signals thus far have acted as a barrier that present significant resistance to future price movements above those areas (represented by the red lines).