FLM/USDTTargets: 0.5005 - 0.5025 - 0.5045 - 0.5085
Lev: 10x
Stop: 0.4720
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FLMUSDT trade ideas
FLM - Daily - "Weekly Symmetrical Triangle"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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///////👍✋Not financial advice, do your own due diligence ✋👍////////
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➡️Technical Standpoint⬅️
1.) Weekly symmetrical triangle.
2.) Has two T9 supports, putting a firm bottom at 0.40-0.38.
3.) No underlying accumulation spotted at this time.
➡️Fundamental Standpoint⬅️
1.) The founder of Flamingo is Da Hongfei, a Chinese entrepreneur also known for co-founding one of the main competitors of Ethereum: the blockchain network Neo
2.) Not much social activity, assuming they are in building mode.
➡️Current Season⬅️
- Bear season is unofficially dominating our indicators, currently at 7/14 confirmations.
- Something quite interesting to note is that since 4/25, BTC dominance has been regaining control. Personally, wouldn't be going short, bulls have the advantage at this time.
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//////Indicator Legacy/Meaning//////
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✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ TD Sequential (TDS): tradetrekker.wordpress.com
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.
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///🎉🎉🎉Before You Go🎉🎉🎉///
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FLM/USDTA short local overview of the FLMUSDT pair.
Broke through the rising wedge, bargained in a small zone of accumulation, I expect a local fall to one of the support levels of 0.4278 or 0.3159, depending on the strength of the trend. Let me remind you that this is purely my personal opinion, not a call to action!
Thank you all for your attention!
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FLMUSDTThe falling wedge and a small W at the lower part. if breaks out, the red line could be the target
Not financial advice, do your research
$FLMUSDT - Going to 0.90Hello everyone!
Welcome to the crypto-summer.
After a hard shake-off, looks like the cryptocurrency market is rebounding and we are ready for new jumps.
Here is our vision of FLMUSDT trade setup based on the triangle pattern, of course it could go higher, but there is a strong resistance on FLMUSDT.
FLMUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has been able to break its resistance and is trapped in a triangle. We expect it to break the triangle upwards, but we have identified support in the event of a fall
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
FLM/USDT LIMIT BUY SIGNALA small pullback is expected across the cryptos, this should provide a short-term buying opportunity.
SHORTING FLM, Inflationary coins are going to get HIT HARD.The market is shaken, BTCUSDT has fallen below the 200 MA a historically vital support for any bullish trend.
ETHUSDT has tanked and most of the market with it.
FLMUSDT has an inflationary supply meaning the total number of coins increases over time.
In a market that has lost it's confidence this can only mean the price will continue in a downward trajectory as more supply is added and we have decreasing demand.
FLMUSDT is in a clear downtrend just like the rest of the market, but has shown signs of weakness before this correction.
I'm betting it's going to continue the downtrend with some strength.
FLMUSDT Flamingo trade possibilityFLM is still inside uptrend. Adding bag here for good potential return
$FLM Symmetrical TriangleWill decide soon(1-2weeks) if it will break the triangle downward or upward. Still bullish on this
FLM to the moonLike to support and follow for more content!
We will see FLM pump hard, we need to break above the 23.6% (1.4) of the Fibonacci Retracement. We will see FLM on:
1.77
2.3
2.8
Note: could form the H&S and break. Its target is the 38.2%
What do you think?
Good luck traders,
NajjarTrading
