FLUXUSDT cup and handleHello,
Just a very simple idea on FLUX. Very nice cup and handle that is maturing. While we are testing the current lower supports, this scenario remains valid as long as the ~1.90$ support isn't broken, in which case the handle would be invalidated (by broken, we mean candle close beneath followed by a confirmation.
Otherwise we wait for a break above the latest ATH to ride the wave up once it breaks and confirms.
FLUX
$FLUX Flux beauty cup and handleFLUX coin textbook cup and handle forming, watch for breakout for long entry implying a move to 3.6 zone.
Chart is Bullish with VCP pattern after huge run, now seeing leg up it looks like
Patience on entry, break below 2 (previous low) invalidates long idea, but would expect a reverse here soon .
FLUX is promising, worths a shotHi, T1 is for position traders and T2 is for holders
Stay tuned for updates and, as a matter of fact, this is a signal,
Be careful, price should rise in a fast high momentum move, So, if it stays here for a long time, it's a negative sign.
it either rises fast or drops after indecisiveness.
Follow and Comment!
Plan for FLUX to/through ATHFLUX is essentially a suite of cloud based software including computing services and taking SAAS a step further positioning as Blockchain as a Service (BAAS). Additionally the FLUX ecosystem includes multi-asset wallet and blockchain app Zelcore (which has recently partnered with FTX for trading integration, FTX is also an investor in FLUX). FLUX was launched on NEAR in 2020 and has been built with it's FLUX asset used to launch and manage apps on the network, governance in the FLUX Dao, staking, DeFi, etc. Additionally FLUX has parallel assets on a number of other blockchains currently Ethereum, BSC and Kadena. They are launching Solana and Tron on October 15 and have 5 more to be added in the future. Their fusion concept is integral to this and can be done through Zelcore. Zelcore also is developing what it calls EVE, which in use for blockchain they compare to Siri or Alexa.
An incredibly bullish rising wedge on 1 day timeframe, just dipped below support my buy zone is in the .41 to .375 area with a SL of .3258.
Plan is to take some profit around .5230 if desired and/or add additional if price catches and surpasses most recent non launch highs of app .614 and take profit at a 2X investment multiple, remaining initial investment at just below $1 and the rest leave for long term hold.
FLUX/USDT Breakout !!!! Preparing for the next pumpFLUX made an almost 500% pump in the last month. Since the ATH made a 50% correction. FLUX has broken the downtrend twice after finding support at 0.786 fib and a strong support order block (confluence area - Yellow box). We can see a similar pattern in Kadena (KDA) where they both ride together. At this stage, we can see a massive accumulation happening (refer to the VPVR) before the mega pump. If FLUX pumps from here and breaks the current resistance around $2.3 we will see a new ATH soon. If the support doesn't hold we might see a bounce back from 50 EMA. Also, keep an eye on 21EMA acting as resistance in the short term.
This is not financial advice please DYOR. This is coin has great fundamentals recommended to accumulate for the long term.
FLUX Power Holdings Y/Y Q1 Revenue Increased By 135%Flux Power Holdings, Inc. engages in the design, development, and sale of rechargeable lithium-ion energy storage systems for industrial applications.
Q1’21 revenue grew 135% to $4.5M compared to Q1’20 revenue of $1.9M
The MARKET CAP is 123.907M.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.