FLMUSDT trade ideas
FLMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for FLMUSDT
There is R1 that used to be a support area and S1 used to be a resistance area with its disability of the price to rise and S2 is our support area in which the support of the price at several points is obvious. Thus, we have the price fluctuating over S1 area and our expectation would be a decline for the price to reach S2 (as it used to do in the past). Then we must wait for some rising sings here and by receiving some confirmation candles in this regard, the long position of our chart is activated and a rise will be predicted for the price up to R1. Even it is probable that the price falls below S2 and has more decline. The point is to be attentive to every detail in the analyses for a logical trade.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
FLM/USDT Trading IdeaFlamingo made a triple bottom on the 4 hr chart and after that broke out of the triangle. Now it made a nice confirmation on the triangle line with a nice reversal candle. This would be my 1st buy with a potential profit taking on the 3 targets I mentioned (9%, 25%, 41%)
SL on 0.07
FLM BREAKS ASCENDING CHANNEL.We see FLM break down from its past ascending channel.
But is this the end for this marvelous project?
Or will it continue its way to the upside from the 618 fibonacci level?
Considering today's important events, keep in mind for large deviations in most charts..
Trade Super Safe Today Friends :)))
If you think you've gotten awesome content from my TA, please smash that like (boost) button!
It keeps me motivated to continue hitting the charts for y'all!!
I'd also love to see requests on any chart you'd like me to look at!
So please leave a comment on what Analysis you'd like me to do! <333333
FLMUSDT is testing the ascending channelthe price is inside an ascending channel on the 4h timeframe. The market wants to retest the 0.5 Fiboancci level where it has the supply zone
How to approach it?
IF the price is going to lose the ascending channel and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
FLMUSDT | APPROACHED TO SUPPORTFLMUSDT previously broken support and been trading in a bearish trend . Now price has finally approached to support zone . The bulls will get active at this level. The bullish candles formation on mentioned level will confirm the trend reversal.
One can buy with stop loss being below the support zone .
Manage your trades accordingly.
RLinda ! FLMUSDT-> Breaking the resistance line. What's next?FLMUSDT The main trend on the chart is downward. For a long time the coin is moving behind the cryptocurrency market - going down.
According to the price highs we can determine the formation of the resistance trend line and we can see how today the price breaks the downward line upwards and the price impulsively tests the resistance at 0.1210.
The price tested the resistance many times before, but after shallow false breakdowns we see the continuation of the fall without the possibility of updating the price highs - the buyers did not have the strength.
At this point we see a positive reaction and are able to identify the potential for further targets.
I assume that the breakdown can be a true one, and on the retest the price can break through the resistance at 0.1210 and continue its growth against the trend. The short-term target is the resistance at 0.1483, and the medium-term target is 0.1866
Regards to R. Linda!
Smc with wyckoff distributionBase upon to my observation its a wyckoff distribution it has already BC, and AR, and SOW so i expect the next move of is up to make UT .Theres so many imbalances that need to fill and serve as POI by the whales so i stand long position to make UT commonly UT is higher than BC.