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FLMUSDT trade ideas

FLMUSDT.1DBased on the provided market data for the FLM currency, we can observe that the current price is 0.092 USDT. The Relative Strength Index (RSI) is a key momentum indicator used to measure speed and change of price movements. The RSI for 4 hours, 1 day, and 7 days are 56.58, 69.51, and 54.67 respectively, indicating that the currency is neither overbought nor oversold in the short term. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.00058, 0.0034, and 0.0005 respectively. The positive MACD suggests that the currency is on an upward price trend. The Bollinger Bands (BB) for 4 hours, 1 day, and 7 days are 0.095, 0.099, and 0.1022 respectively. The current price is below the BB for all the periods, which might suggest a possible upward movement in the upcoming time frame. The currency has support levels at 0.086, 0.080, and 0.074 for 4 hours; 0.084, 0.071, and 0.065 for 1 day; and 0.085, 0.070, and 0.063 for 7 days. These levels could be the possible low points the currency could reach before bouncing back up. The resistance levels at 0.096, 0.10, and 0.1046 for 4 hours; 0.10, 0.11, and 0.1320 for 1 day; and 0.1029, 0.1297, and 0.16 for 7 days are the potential high points the currency could reach before facing selling pressure. In conclusion, the FLM currency shows positive signs of an upward trend based on its RSI and MACD indicators. However, it's always important to monitor market conditions and other technical indicators before making any investment decisions.
by MarsSignals
FLM/USDT Ready for its Bullish Momentum? 👀🚀FLM Analysis💎 Paradisers, brace yourselves for a captivating development in #FLM's market trajectory, suggesting a potential bullish rise from its current demand zone. 💎 After encountering a strong pushback from the significant supply zone at $0.113, Flamingo has notably navigated through buy-side liquidity. This maneuver potentially sets up a downward trend before embarking on a bullish recovery from the critical demand zone at $0.067. 💎If FLM build enough bullish strength at this point, we may see an assertive move towards, and potentially beyond, the sturdy supply zone above. 💎 In the dynamic and unpredictable realm of the crypto market, a flexible and responsive strategy is essential. If #FLM encounters challenges in solidifying its position within this key support zone, a swift and strategic shift might be the path to success. 💎 In such circumstances, we activate our contingency plan: eyeing a bullish trajectory from a lower, yet strategically significant, demand level at $0.0543. This level becomes crucial, as breaking below it could signal the onset of a bearish turn in #FLM's market narrative.
Long
by MyCryptoParadise_Simon
Can we expect another pump on FLM?Hello everyone! FLM has formed an ascending triangle with its potential marked at $0.17 after breaking through and staying above $0.10. However, I suggest considering an option with slightly lower profit but a higher probability of success, as if you look at the chart, you can see that there have been several price pumps by manipulators recently. I believe that another pump can be expected in the near future. Target: $0.15 (+48% profit) This is not financial advice, and everything you do is at your own risk!
Long
by TradeMyIdea
1
Flamingo (FLM) - Wedge breakoutOn the above 5-day chart price action has corrected over 95% since May 2021. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Price action backtests past resistance as support. 3) Support and resistance. Price action confirms support on past resistance. (Orange horizontal line) 4) 2-day life cross. Don’t assume, verify. 5) Wedge breakout forecasts 12x return as measured from low to high wedge touch points (orange arrows). Is it possible price action falls further? Sure. Is it probable? No Type: Trade Risk: <=6% Timeframe for long: Yes Return: 2000%
Long
by without_worries
5
FLMUSDT.4HBased on the market data provided, the FLM cryptocurrency is currently trading at a price of 0.0976 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 64.15, 65.79 and 53.76 respectively. The RSI values for 4 hours and 1 day are above 60, indicating that the cryptocurrency is somewhat overbought, which could signify a potential price decline in the near future. However, the 7-day RSI is in the neutral zone, suggesting that the coin is neither overbought nor oversold over a week-long period. The Moving Average Convergence Divergence (MACD) for 4 hours and 1 day are positive, indicating a bullish trend, but the 7-day MACD is slightly negative, suggesting a potential bearish trend over the longer term. The Bollinger Bands (BB) for 4 hours, 1 day and 7 days are 0.0977, 0.0987 and 0.0998 respectively. The current price is close to the lower band on all timeframes, indicating a potential upward price movement. The resistance levels for 4 hours, 1 day and 7 days are 0.1035/0.1124/0.1149, 0.1040/0.1146/0.1231 and 0.0/0.0/0.0 respectively, and the support levels are 0.0917/0.0869/0.0780, 0.0858/0.0783/0.0701 and 0.0729/0.0670/0.0522 respectively. The current price is closer to the support levels, indicating a bearish trend. In conclusion, while the short-term indicators point towards a potential upward price movement, the longer-term indicators suggest a bearish trend. This mixed signal suggests that traders should proceed with caution and consider other market factors before making a decision.
by MarsSignals
FLM Long Update: The next bullrun?The time has finally come where money will be flowing into the shittiest of shitcoins, and right up there is the shittiest of them all: FLM. Bursting through the demand zone, FLM is now looking for more buyers to rally to previous highs. oftentimes (as you can see throughout the chart the past year), FLM will have a 1-2 day span where it runs up 70-80% extremely quickly, and I expect that day to come again very soon. When it hits the trendline on my chart, try to sell immediately -- is falls as quickly as it rises. If you got big balls try to do a 5-10x short after the first bearish engulfing 5min candle that falls below that top trendline and wait it out until 0.1221 or even 0.10. Caution while trading this with margin -- price fluctuates a lot more than others, but liquidity has been surprisingly good lately. Good luck everyone!
Long
by Jordsito