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 will have an explosive bullrun but before that it needs to flush out every week hand and find the true bottom. Whales gonna try hard to surpress this coin as much as they can before the first big wave can finally start.
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.
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...
Flare has been a sheer and utter disappointment to everyone who has held it so far, but it looks like it may be setting up for a decent move in the coming months.
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...
Flare has been trapped in a seemingly endless downtrend for quite some time. Flare does however have great technology that could utilized in the coming fourth industrial revolution, and should not be underestimated.
