FLUXUSDT trade ideas
FLUXUSDT cup and handleHello,
Just a very simple idea on FLUX. Very nice cup and handle that is maturing. While we are testing the current lower supports, this scenario remains valid as long as the ~1.90$ support isn't broken, in which case the handle would be invalidated (by broken, we mean candle close beneath followed by a confirmation.
Otherwise we wait for a break above the latest ATH to ride the wave up once it breaks and confirms.
FLUXUSDTFLUX/USDT seems in the Red zone and, based on indicators, I probably think its next position is between $2.180 - $2.250. Keep in mind FLUX is a WEB 3.0 coin, so one should not ignore it.
Note. Do your own research too. My analysis are based on Indictors and Market sentiments. (Keeping market volatility in mind)
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Potential head and shoulders Look for pattern completion. This is where people make mistakes, assuming the H&S will complete and taking a position to try to profit from the pattern finishing. We don’t *know* that it will finish, just that there is a potential setup. It could keep trending higher instead. Keep watching, wait for entry signal.