FLMBTC
#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/USDT#FLM
The price is moving in a bearish channel on a 4-hour frame, which the price adheres to and is expected to break to the upside in an upward manner
It is expected that the Moving Average 100 test will be retested
We have a major support area in green at 0.09700
The RSI indicator has a downtrend that is expected to break higher
Entry price is 0.1020
The first target is 0.1138
The second goal is 0.1282
The third goal is 0.1482
FLM buy setupWe have a Boolean CH in the main structure that gives us a Boolean view and creates the expectation that the specified demand is not lost.
Therefore, in returning to the specified demand side, you can look for buy/long.
By maintaining the demand range, it can move towards the supply side
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
FLMBTC Next Bullish Signals💎A few weeks ago, #FLMBTC accomplished a significant feat by closing above a critical supply zone on the weekly chart, hinting at the possibility of a bullish reversal. However, it's crucial to exercise caution and seek further confirmations to enhance the probability of this outlook. Specifically, the MCP team is closely monitoring the current demand area. Should this area hold, it could pave the way for an upward surge, breaking through several pivotal resistance indicators. These key resistance points include the 50 Simple Moving Average (SMA), the downtrend trendline, and the Volume Profile resistance.
💎A notable observation is that all these resistance indicators have acted as formidable barriers during potential upward rallies. Therefore, the next significant bullish signal would be the breach of both the 50 SMA and the downtrend trendline. Subsequently, surmounting the Volume Profile resistance at 544 Satoshis would be a decisive turning point, potentially ushering in a long-term bullish trend. In such a scenario, we anticipate #FLM to embark on a journey towards the double Fibonacci resistance level around the 900 Satoshis area, signifying a remarkable 200% increase against #Bitcoin.
💎However, it's imperative to maintain a watchful eye on the current demand area, particularly on the weekly timeframe. If the weekly closing price dips below the critical level of 308 Satoshis, it would raise concerns of a prolonged downtrend or an extended consolidation phase.
$FLM/#BTC [#Flamingo]: Resistance_Breakout◳◱ Hey traders, we've identified a Resistance Breakout on the $FLM / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.0000052 | 0.0000055 | 0.00000626 and the major support zones are respectively at 0.00000444 | 0.00000398 | 0.00000322. It is a bullish indication and we may consider entering at the current price zone at 0.00000543 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000543 ₿
▣ 24HVol: 52.979 ₿
▣ 24hChng: 12.422%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000052 | 0.0000055 | 0.00000626
◢ Support: 0.00000444 | 0.00000398 | 0.00000322
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.52 - Bullish
▣ Reddit sentiment score is 0.80 - Very Bullish
▣ In-depth FLMBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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FLM: INCREASE VIEWFLM Showing depends on a low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor FLM to see if it shows any upward movement in the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
$FLM/#BTC [#Flamingo]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $FLM / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00000462 | 0.00000485 | 0.00000532 and the major support zones are respectively at 0.00000415 | 0.00000391 | 0.00000344. We may consider entering a trade at the current price zone at 0.00000458 and targetting higher levels.
- Technical Metrics :
-- Current price: 0.00000458
-- 24H Volume: 12.7615 Ƀ
-- 24H Price change: 4.091%
- Pivot Points - Levels :
-- Resistance: 0.00000462 | 0.00000485 | 0.00000532
-- Support: 0.00000415 | 0.00000391 | 0.00000344
- Indicators recommandation :
-- Oscillators: NEUTRAL w/: 1 BUY - 0 SELL and 10 NEUTRAL
-- Moving Averages: STRONG_BUY w/: 14 BUY - 0 SELL and 1 NEUTRAL
--> Summary : BUY w/: 15 Total Buy - 0 Total Sell and 11 Total Neutral
- In-depth FLMBTC technical analysis on > Tradingview TA page
Flamingo (FLM) formed big bullish Gartley for upto 776% rallyHi dear friends, hope you are well and welcome to the new trade setup of Flamingo ( FLM ).
On a monthly time frame, FLM has formed a bullish Gartley pattern:
It can be quite a high-risk and high reward setup, but as FLM has already broken out a big bearish pennant on a weekly time frame, therefore, the buying for this Gartley move is quite confirmed.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FLM🦩 to fall as rockFlamingo ! This will not be pretty I think. Major uptrendline broken and backtested, pain to come. Target 0.058, which is -40% from the current price. Always use stoploss!
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FLM Flamingo Finance LONG TRADE 20220608Signal: Red -> Green: waiting for alert
AB - CD
Risk Reward: 3.5
FLM, Flamingo Finance, FLMUSD , FLMUSDT ,FLMUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
Flamingo Token (FLM) Analysis 09/03/2021Flamingo is a decentralized finance (DeFi) platform based on the Neo blockchain and the Poly Network interoperability protocol.
It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway (wrapper), an on-blockchain liquidity pool (swap), a blockchain asset vault, a perpetual contract trading platform (perp) and a decentralized governance organization (DAO).
Flamingo positions itself as a singular platform that combines multiple decentralized finance tools for Neo into a common ecosystem that will be governed by its users via a decentralized autonomous organization.
Decentralized finance is a nascent, fast-growing trend in the cryptocurrency industry that encompasses various financial solutions that often operate on top of cryptocurrency blockchains. Working as a sort of second-layer industry, DeFi platforms are conceptually aligned with the idea of the cryptocurrency industry as a whole: eliminating third parties and singular points of failure from monetary and financial systems. Having emerged in early 2019, by mid-2020 the DeFi industry already boasted over $4 billion in locked collateral assets.
Some of the main use cases in DeFi are cryptocurrency lending, yield farming and decentralized exchanges. However, for most cryptocurrencies and their respective DeFi environments, each of these solutions is usually provided by a single separate platform.
Flamingo’s unique advantage comes from the fact that it’s aiming to combine all the key financial instruments for the Neo cryptocurrency token (token wrapping, liquidity pooling, asset vault and contract trading) and make them available via a single platform that will be governed by its own users in a decentralized way.
Technical Analysis:
As we can see the there exist a Hidden Bullish Divergence with MACD Histogram which is the sign of trend continuation
there are total of 3 Targets Specified by Fibonacci projection of the Past Impulsive Wave where we get the 3 TP confirmation when we get to our 2TP on an impulsive wave with some price Correction
FLM / BTCThe sky is the limit with this one!
This chart reads 'buy me' and so I have... Relatively new and full of potential, big money locked in Liquidity Pools and this protocol is as easy to use as any of the Ethereum Defi options with Neoline attached to your Google Browser!
Trade only with what you can afford, don't trade with debt and take profits.
Alfa