FLMUSDT trade ideas
FLMUSDT (FLAMINGO) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- FLMUSDT brokeout above the double bottom neckline resistance.
- Price hit a swing high and retraced.
- Price retested the neckline resistance (flip horizontal support)and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance ( DTR ).
- A brokeout above the descending trendline resistance (DTR) could be seen as a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR) and horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (S1).
🔥 FLM Channel TradeFLM has been trading in a channel for a couple of months now, zoom out for a better picture.
Recently, the price reversed sharply from the lower support of the channel, potentially signaling a new upward move towards the top resistance of the channel. After consolidating for a couple of days I think we will see more bullish pressure arising soon.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
FLM descending trend waiting for breakoutWaiting for FLM to break out, we may break lower though Im watching the accumulation athe the top of the down trend ( still bullish in the daily )
FLMUSDTPERPUSDT - Long - Potential 10.79%FLMUSDTPERPUSDT - Long - Potential 10.79%
Entry- 0.3875
TP1- 0.4083
TP2- 0.4296
SL- 0.3611
- Trigger - Pullback
- BTC - Rising / Dominance Falling
- RR - 1.4
- Trailing Buy - 1%
- Trailing Profit - 1%
- Trailing Stop-Loss - no
FLAMINGO OVERVIEWGood morning guys!
Today I wanna mention $FLM on the daily bar chart, one of my current top projects when it comes to NEO chain. You know, I am a fan of simple and clean TA + FA. Volume always leads the way. A lot of buyers stepped in on this one. For me, it is just a matter of time, especially when NEO makes a new ATH. If you know, you know.
Of course, this is not financial advice.
Play safe and do not over leverage yourself. This beauty on spot is at least 10x, so no lev necessary.
Cheers!
🔥 FLM Bullish Reversal From Channel SupportFLM has been trading in a channel for a couple of months now, zoom out for a better picture.
Recently the price reversed sharply from the lower support of the channel, potentially signaling a new upward move towards the top resistance of the channel.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
FLM - breaks interesting trendline on way to 39centsAs you can see on this chart FLM has just broken above the lime green trendline, isn't that interesting?
Next obstacle is the purple moving average line EMA 233
The red horizontal line is the short term target.
The area between the green and yellow horizontal lines is my buy zone should FLM drop down to this area.
Short term trade but also long term for DeFi lovers if you want to hodl.
This DeFi coin is on the NEO network where fees are less than Ethereum. Could be something in that.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
Can FLM do 5x? (like RUNE did)FLM broke out of 131 days resistance line and had a perfect retest of the support zone and bounce today.
Look at the buyers stepping in at the support zone.
FLM once broke the upper resistance can go higher.
This set up is similar to RUNEUSDT during NOV,20. Once RUNE broke the level of 0.8 it went till 4$ in just 3 months.
Can FLM do the same?
Stop loss 0.40.
Targets marked in the chart.
FLM Potential bounce (scalp)Bullish divergence on MACD & RSI.
Strong bounce from critical support cluster.
Closure of the 1H candle below 0.267 would indicate further down trend.
Why will FLM make 50% gain in next 3 days? FLM is a coin developed by NEO team. If anyone noticed, every time after NEO pumps, a little of volume from NEO comes to FLM. That little amount of volume is more than enough to send it 50% up. NEO community loves everything in connection with NEO, and they will for sure, buy NEO's DEfi Coin. I expect it will go even higher with the amount of volume NEO got this time. 3days max!
Is Flamingo ready to fly? Hi everyone. Long time has passed since my last post.
Going straight to the point, I see a clear ABC correction and a great rejection from 200 EMA in the 4H chart, a great rejection from the 55 EMA in the daily chart, and more important, FLM is still undervalued. during this week, whales continued to accumulate heavy FLM doses for the next trip, like a shroom trip, or a flamingos great migration to moon, maybe I'm tripping right now, or maybe it0s the fact I bought at 20 cents and refilled at 39 cents.
Anyways. I see a great oportunity at short, medium and long term.
My targets are:
Best case scenario:
0.66 (Main resistance)
0.95 (Last resistance, if I'm getting picky)
1.21 (1.6 fib. ext.)
5 or more (medium to long timeframes)
Worst case scenario:
The are chances that BTC still behaces like a bitch , and get us out of the game.
So, a close below 39 cents 2 consecutive days is pretty bad and a game changer.
Good luck for all. Thank you for your time.
flmusdtpossible cup handle (looks little weird) with same target as was from small up to down, TP 1.15
FLM bottom found, could be a bullish reversal happeningBINANCE:FLMUSDT
FLM has finally appeared to have bottomed out on the logarithmic chart, and is finding support on a fib that was once resistance.
Expecting a move towards the next fib around $0.73 with a slight pause, and if broken, a move towards $1+ possible.
On the log chart, FLM has the potential to return to it's ATH price over time and possibly reach the top of the channel it's now in.
FLMUSDT 1D-TIMEFRAME ANALYSIS✨FLMUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Flamingo FLMUSDT
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
