#FLM/Usdt Breakout ?#FLM
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 0.0323, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 0.0315.
Entry price: 0.0327.
First target: 0.0342.
Second target: 0.0351.
Third target: 0.0364.
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
Flmbitcoin
#FLM/USDT LONG#FLM
The price has been moving in a bearish flag since July 2022, 3 D
and we are about to break that pattern by breaking the downtrend.
Supported by oversold on MACD
Current price 0.0928
First target 0.1231
Second goal 0.1695
Which represents 180% of the current price
This rise is supported by the break of moving average 100, and you must pay attention to the correction points on the chart
$FLM broke resistance, target 50%$FLM broke resistance a couple of days ago, closed above it yesterday, and is confirming with a nice green candle today. As long as we close the daily near or above previous candles, this should be a fairly straightforward +50% on the $FLMBTC pair.
We can set a tight stoploss and aim for high targets.
FLM/BTC (Bounce at Previous Support?)💎Technical Analysis Summary💎
BINANCE: FLMBTC
-FLM is back at the previous swing low support area
-This is technically bad for the Bulls
-Because the Bears can easily grab the opportunity
-So please be careful trading this market
-Always follow your stop loss
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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FLM/USDT (Breaking Swing Low Price)💎Technical Analysis Summary💎
BINANCE: FLMUSDT
-FLM is now breaking the swing low price
-This is Bearish in the midterm
-If FLM unable to get above the green box
-This drop will likely to continue
-New price discovery will happen
-Please be cautious!
-Exercise proper risk management
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````