FLRUSD - Double Top A double top will push price down to the bottom of this channel in blue From there price can form a bottom and start to head upwards rapidly once the bottom has formed The double top is responsible for the current downward move Daily chart by Bixley20
FLRUSD Currency Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # FLRUSD Currency Quote - Double Formation * Trendline 1&2 | Entry Area | Long Support * 1st Retracement + 0.618 Area | Subdivision 1 - Triple Formation * ABC Flat Feature | Subdivision 2 * 2nd Retracement | Short Entry Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | SellShortby TradePolitics1
Breaking: $FLARE Soars 16.71% Amidst Bullish Flag PatternThe cryptocurrency market is no stranger to volatility, but Flare Network’s native token, NYSE:FLR , is making waves with a remarkable 16.71% surge today. Despite the broader crypto landscape remaining bearish, NYSE:FLR is defying the odds, showcasing strong technical and fundamental indicators that suggest further upside potential. Let’s dive into the details of what’s driving this surge and why NYSE:FLR could be poised for a breakout. Technical Analysis NYSE:FLR is currently forming a bullish flag pattern, a continuation signal that often precedes a significant upward move. The pattern is characterized by a sharp rise (the flagpole) followed by a period of consolidation (the flag). For NYSE:FLR , the flagpole was the recent surge, and the consolidation phase is now underway. A breakout above the flag’s ceiling could trigger a 70% surge, targeting the psychological resistance level of $0.038. This would mark a decisive move for NYSE:FLR , potentially attracting more buyers and fueling further gains. The Relative Strength Index (RSI) for NYSE:FLR is currently at 44.98, which is neither overbought nor oversold. This suggests that there is ample room for upward momentum before the token enters overbought territory. A rising RSI could accompany the breakout, confirming the strength of the move. The 24-hour trading volume of $35.9 million and a market cap of $1.33 billion indicate strong liquidity and investor interest. The recent price surge has likely caught the attention of traders, further boosting momentum. Flare Network’s Unique Value Proposition Flare is an Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain designed to enhance blockchain utility. Its unique architecture allows developers to access high-integrity data from other chains and the internet, enabling new use cases and monetization models. One of Flare’s standout features is its ability to provide decentralized access to data from external sources. Flare allows dApps to serve multiple blockchains through a single deployment, reducing fragmentation and increasing efficiency. With a market cap exceeding $1 billion, Flare has firmly established itself as a significant player in the crypto market. Conclusion: A Breakout in the Making? NYSE:FLR ’s recent surge and technical setup indicate that the token could be on the verge of a major breakout. The bullish flag pattern, combined with strong fundamentals, makes NYSE:FLR a compelling asset in the current market environment. As always, it’s essential to conduct your own research and consider your risk tolerance before investing. But one thing is clear: NYSE:FLR is a token to watch as it continues to defy market trends and carve out its niche in the crypto ecosystem.Longby DEXWireNews5
FLARE is setting up for a potential 100% + bullish move!After a successful backtest of the bullish descending wedge's upper trendline, Flare looks to be setting up for a move to the $0.06 - $0.07 range. If this move plays true, Flare could easily double over the next 3 to 6 weeks. Good luck, and always use a stop-loss!Longby MetaShackle555
FLR updateThere is nothing I can add to my last idea of FLR except that there might be another correction down to red level line and starts from there. For now I am waiting to see if this Intermediate impulse goes true. Thanks Longby AMA_FX113
Falling wedge breakout - Alt COIN KingThis is ready to blast, This is also one of the alt coin have great capacity to go upLongby GKTrademanthan446
FLR in weekly chart I do not have anything more than that I published for this symbol in my last idea and it is a complementary road map for the future. If you have not been able to get in this coin, please wait for a correction in this weekly chart and then start investing. Please check my last idea of this chart. Thanks Longby AMA_FX228
FLR (Flare) Cryto Retracement Entry PotentialWith so much bullish wicking on the previous upside move, we may see a retracement for a market test at structure break areas. This would bea nice dollar cost average entry. Longby AnicaUpdated 6
Flare breaking up from falling wedge that is also a bullpennantThe shorter dotted purple line is the breakout target for just the falling wedge alone. The much longer dotted purple line is the measured move / breakout target line for the entire pennant. As we can see the price action has treated this longer dotted purple line as exact wick resistance here now as it begins its ascension to the breakout targets which helps tell us that this measured move line is indeed a very valid one. We can also see an impending golden cross just around the corner for flare as well at which point I expect it to get the same bullish impulse most of the alt market has been getting after their golden cross happens. If we hit the full breakout target of the entire pennant, that will take price action above a double bottom neckline as well which wll then lead to the opportunity for an even bigger breakout target. *not financial advice* by DrDovetail224
Flare longFlare was in the channel, classic bullish retest. Get it in long for some nice profit.Longby trevorism5
Flare Network ($FLR) Up 50%- What Next?Flare Network ( NYSE:FLR ) is making waves in the blockchain space with its innovative approach to interoperability and decentralized data acquisition. With a massive 50% price surge in the last 24 hours, Flare is capturing attention for its technical breakout and transformative developments. Here’s a closer look at what makes Flare unique and how it’s shaping the future of blockchain. What is Flare (FLR)? Flare is an Ethereum Virtual Machine (EVM)-based Layer 1 blockchain that aims to enhance blockchain utility. By enabling decentralized access to high-integrity data from other blockchains and the internet, Flare provides developers with tools to create dApps capable of serving multiple chains through a single deployment. This unique capability unlocks new use cases and monetization models, making Flare an essential player in the evolving blockchain ecosystem. Key Features That Set Flare Apart 1. Native Interoperability Protocols Flare’s architecture revolves around two groundbreaking protocols: - The State Connector: Acquires event data from other blockchains and Web2 sources, allowing smart contracts on Flare to interact seamlessly with external events. - Flare Time Series Oracle (FTSO): Delivers decentralized prices and data series, ensuring data accuracy without relying on centralized providers. 2. Decentralized Data Acquisition By using independent data providers, Flare secures blockchain and Web2 data in a decentralized manner. This minimizes risks for developers and users while enabling a wider range of applications. 3. Real-World Integration: Decentralized Identity Recently, Flare partnered with Red Date Technology to launch a KYC solution for Mainland Chinese visitors in Hong Kong. This system uses decentralized identity technology to perform KYC checks while safeguarding user privacy—a crucial step in bridging blockchain technology with real-world regulatory requirements. Flare’s Price and Market Performance - Current Price: $0.020915 - Market Cap: $1.09 billion - 24-Hour Trading Volume: $63 million - Price Surge: 48.24% increase in the last 24 hours - Circulating Supply: 52.5 billion FLR Flare’s ranking at #73 on CoinMarketCap underscores its growing prominence in the crypto landscape. Technical Outlook: Breaking Barriers Flare’s price action is drawing bullish momentum: - Recent Breakout: NYSE:FLR broke out of a falling wedge pattern, signaling a strong upward trend. - RSI Levels: Currently at 80, the Relative Strength Index indicates overbought conditions. However, with clear momentum and strong volume, there’s room for further growth. - Resistance Levels: If the rally continues, NYSE:FLR may target $0.03 as the next significant resistance. - Support Levels: A consolidation phase could see NYSE:FLR retrace to $0.018 before resuming its upward trajectory. The Road Ahead for Flare With its unique technology and expanding use cases, Flare is more than just another blockchain—it’s a foundation for the next wave of decentralized applications. The recent price surge and breakout signal strong investor confidence, and as its ecosystem develops, NYSE:FLR could become a key player in the blockchain world. For now, the 50% rally marks a milestone, but the journey for Flare is just beginning. Investors and developers alike should keep a close eye on this innovative project. Conclusion Flare ( NYSE:FLR ) is redefining blockchain interoperability and decentralized data access with groundbreaking protocols and real-world integrations. With a strong technical breakout and robust fundamentals, NYSE:FLR is showing immense potential to revolutionize the blockchain space. As adoption grows, Flare could very well be the bridge that connects the fragmented worlds of Web2, Web3, and blockchain. Longby DEXWireNews10
Another FLARE signalWe hav seen in the past when flare breakers it’s previous highs, it has a tendency to sky rocket. When we see these next 15min candles close above $0.01650 we could see a power move to catch up to the rest of the market. Selling under $0.02. If the tend line fails, I’m out. Good luck and have fun with itLongby Ncard137101011
FLR 3 day position tradeOnce all of these conditions are met we can look for a high reward on this set upLongby UnstoppableBulls337
FLARE breakout appears to be imminent! After hitting a nice high of around .056 earlier in the year, FLR is looking like it's about to make a nice move upward. Currently at the bottom of a descending wedge pattern, it's very likely that we will see FLR breakout of this wedge in the coming days. Good luck, and always use a stop-loss when trading!Longby MetaShackle10
FLR - the dip is in sightThe grey boxes are weekly ranges with the dark blue midrange dashed line shown. Grey trends and one final daily range in red with a green mid line. I'll Flare from the red zoneby StudyGuideTA110
Short & Sharp: Betting Against FlareTrade:Entry Short at .025 , w/ stop loss at .031 Profit target: .012 - Weak against BTC - Expecting a drop to .01 levels Shortby BunkerBulls2
A 16 month Cup & Handle formation for FLARE about to pop...FLARE has been creating a massive Cup & Handle formation for over 16 months, and it appears that a massive breakout could happen any day now. Enjoy the ride!FLongby MetaShackle118
Flare has 1 daily candle close above the invh&s neckline. Fairly big candle that closed above the neckline too and the bigger the candle the higher the probability that it can flip that neckline to support. However we all know how often price action will fallback below an invh&s neckline before the real breakout occurs, so for now there is no confirmation or validation that flare has broken up from this pattern just yet. We should know within the next 2-3 daily candles if its gonna breakout now or if its gonna go back under the neckline though if I had to guesstimate. Should it validate the breakout here, the breakout target is around .37 cents. *not financial advice* by DrDovetailUpdated 111118
FLARE in daily chart Hello It is another project that might see surprising prices but the reason I am showing you this symbol is to illustrate some stunning facts of EW principles. In this chart, you see how Fractals happened for every fifth wave (Fractals) and it comes exactly from the mass psychology of that instrument (It is not magic). Do you think we will see another extended fifth wave in Primary label? Time will show us. Thanks Longby AMA_FX114
$FLR / USD Price Action Target (4H Chart) - UPDATE 16.04.2024FLR The low $0.028 must hold so FLR can get some positive movements. But still, it depends on how Bitcoin perform in the coming weeks. With all the war narrative going around lately, it surely will bring a huge impact to the crypto market. Stay safe out there. -Next analysis by early of May if God will. by i-Flare3
$FLR / USD Price Action Target (4H Chart) - UPDATE 29.03.2024Our previous analysis still looking good. FLR breaks above the falling wedge pattern and currently are re-testing the support area. It must hold this structure to keep push up to the $0.045 area level. Will re-visit after 2 weeks. Keep calm and claim your staking rewards.Longby i-FlareUpdated 1110
FLR.usd eyes on $0.0350: Golden fib just broke, run or retestQuick post to alert of a possible break out. Golden fib that has been proven, just broke. Looking for a retest to confirm bull strength. ======================================= .by EuroMotif6
$FLR / USD Price Action Target (4H Chart) - UPDATEFLR previous structure broken during BTC correction from 73K to $65k. FLR took a big hit down by ~24% since BTC top at $73k. Hopefully FLR can bounce back from $0.026 (if it reaches there) and push back up. (That is if BTC behaves)by i-Flare4