FLMUSDT trade ideas
🔥 FLM/USDT Bullish Channel Break OutWith today's strong price action, FLM has finally left the channel in which it has been residing for almost three months now.
This bullish break out is accompanied by a big daily candle today, with more to come.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
Flamingo - FLM Breakout AttemptFlamingo has been consolidating for the last few months, since it launched. Volume has been increasing and FLM has started a breakout. If the market permits, this breakout should hold and FLM should see some decent price action.
Flamingo is the brainchild of the founder of NEO, so guessing this becomes their flagship DeFi project.
FLMUSDT (FLM) - IMMINENT BREAKOUT ANALYSIS 🔎
- FLMUSDT is consolidating in a symmetrical triangle pattern .
- A relatively big move is imminent.
- There's a breakout potential.
POSSIBLE PRICE ACTIONS
- Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance.
- Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend ⬆️: Horizontal resistance levels (R1, R2).
- Downtrend ⬇️: Horizontal support levels (S1, S2)
FLM - u want to be INYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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