FLM - huge pump after breakout!Hello, everyone!
Last time I made analysis on Flamingo month ago. I said that the FLM has the strong fundamental factors to grow. Click the link under the article to check it.
As you know I use the lower Bollinger band on the 3D timeframe(current chart is daily, but the BB indicator use 3D timeframe). According to my strategy a managed to buy FLM almost at the bottom ($0.44). If you bought with me, now you are in 40% profit. Now let's consider what is going to be next.
Now the price is testing Supply zone 1 and it is near the Resistance trendline, so it is too dangerous to buy now.
We should wait for this Supply zone and trendline breakout and buy only after that. In case of success the price will easily reach the $0.77 (Supply zone 2) and can almost reach the ATH, because it is the height of huge triangle which is formed buy Support and Resistance trendline.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
FLMUSDT
FLMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has hit the resistance line. We suggest those who are in profit, to save it, and enter into a deal, after breaking the resistance line and stabilization.
But if the price can not stabilize above the resistance line, we consider the fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
FLM/USDT Soon to BreakoutFLM/USDT has been consolidating inside its triangle. Even though BTC will be the king of the current rally, Flamingo holds very solid. I am expecting FLM to breakout the triangle and move towards the ATH region and beyond, in the upcoming months. It has been silent for a while, but every coin has its turn. I am expecting around a %300 increase in a couple of months(3-4) from now on.
FLM/USDT { FLAMINGO } - BULLISH SETUPANALYSIS 🔎
- FLM/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.7930).
- Horizontal resistance level (@1.2500).
- Fibonacci extension level 1.0 (@1.5288).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
$FLMUSD - Getting ready for a jumpHello everyone!
FLMUSD is not struggling to break above the dynamic resistance. There should be a massive push by buyers to break above this resistance to test 0.54 and 0.56 levels and 0.60 and 0.68 levels.
There is also a possible retest of the lower dynamic support of 0.46, so keep an eye on these levels.
Best of luck!
FLM/USDT Analysis. Good opportunity s comming.On the FLM / TETHER chart on the daily timeframe we see the formed triangle.
The main areas of support and resistance are also marked. The red line shows us the Point Of Control, this is a fair price area.
We see nice point where come together POC+Daily TL. Good opportunity to take a long.
When we switch to a lower time frame, the situation is clearer.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
I will discuss all the essentials with my students today and based on our Price action strategy we will look for a suitable place to enter.
Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
FLM - Reversal Incoming!We were short FLM from 0.5 fibonacci level and now we have approached our final take profit level -0.27.
We are now looking for any reversal signs to take FLM back up. Watching for a descending wedge pattern to indicate a bullish reversal.
Watching this one closely as it could spike up very soon...
FLM - Watch For BreakdownRecently we had a double top before the massive 40% drop. We can possibly see a continuation of the bearish momentum. We look to be in an ABC correction with the C wave playing out now.
We're looking for bearish momentum once we complete the C wave at around the 0.68 level with targets of the recent bottom of 0.5.
Felamingo on the road $FLM #FLMFlamingo has reached the end of his triangle and The upper side of the triangle is broken. It can grow up to 80 cents in the midterm.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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