FLMUSDT trade ideas
Flamingo (FLM) / USDSimilar setup to DIA trade of recent, an easy 30% move to the upside and will probably happen soon. The inverse head and shoulders embedded in the classic ‘W’ shape formation we see in price action on the above 1-day chart during a consolidation period is one of my favorite risk / reward plays. Very little downside risk from here.
In addition to the price action pattern, RSI is 50+ with higher lows in Stochastic RSI. Furthermore price action confirms support on the 21-day moving average (where breakout is written).
#FLMUSDT Trading plan!Hi friends!
I think on the chart everything is clear!
The coin saves energy for a long time !
Above 0.1615$ I will buy.
Target 1 - 0.2466$
Target 2 - 0.3$
Flamingo BreakoutFlamingo broke this major resistance on the 12 hours chart. I expect the price to skyrocket in the next days.
Money Money Money...New day, new opportunities, wolves🔥
Today we have FLM/USDT with symmetrical triangle on 30m timeframe.
Previous downtrend on bigger frame has broken and now we have bullish market. However, don’t rush, guys. Let’s follow the chart and wait for his breakout point.
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Flamingo FLM coin Wild card v2This is another secret gem coin that could do very well over time. We formed giant bottom on the daily chart. Great setup to enter the trade but Btc must remain stable(no big crashes) for few weeks (31k-42k range is ideal)...
Pros
*All inclusive full-stack decentralized finance protocol
*Very good staking rewards and high yield returns. Currently ~%70 yearly.
*supported by the big exchanges like Binance and OKEx.
*Fair launch ! No presale, pre-mint or team distribution.
*Great professional roadmap
*Total current market cap: 22,5 million usd . Lotsss of room to grow !!! Compared to bitcoin's at 653 billion usd and ether's 125 B usd market cap this number is just a tiny dust .
Cons
* relatively new coin. Still need to prove itself on the open market.
Not an investment idea!! Only my personal pick!
#FLMUSDT medium-term trading ideaHi friends!
After the fall, the pair bounced off the support level and saved up energy for several days!
In case of breakdown of the mirror resistance level of $ 0.1615, we can get a good upward movement!
Growth potential 50%
FLMUSDT Go Up to 0.22$FLM testing a daily resistance 0.13$ zone.
Buy zone highlighted in the chart, that is a great entry for a long if the price action will give it to us. Overall FLM is bullish long term.
Indicators are also turning bullish , To buy wait for support level.
The heading targets are at 0.225$ and Up.
📈 BUY At 0.1275 $ and Below.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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FLMUSDT - Potential buy entry 🔼FLMUSDT is printing a falling wedge pattern.
RSI is printing a bullish divergence signal.
Buy entry ⬆️ - breakout above the falling wedge resistance + previous swing low.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the falling wedge support.
