#FLUX/USDT#FLUX
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.5170
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.5350
First target 0.5640
Second target 0.5870
Third target 0.6130
FLUXUSDT trade ideas
#FLUX (SPOT) entry range( 0.55 - 0.59) T. (0.9099) SL (0.5409)entry range( 0.55 - 0.59)
Target (0.9099)
SL .4H close below (0.5409)
note ....
(This trade may give you 100% profit but we are taking 54% from the highest entry point so you can keep a little for incremental revenue with very tight stoploss )
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BINANCE:FLUXUSDT
#FLUX
#FLUXUSDT
#FLUXUSD
NASDAQ:FLUX
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#shortterminvestment
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#cryptoinvesting
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##trading
#cryptocurrencytrading
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX ****
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#BTCUSDT
Fluxusdt buy opportunityFLUXUSDT has successfully broken out of a falling wedge formation and is now trading firmly above this setup. We anticipate a pullback towards the identified immediate demand zone, presenting a potential buying opportunity.
The charts indicate the target levels as well as the stop loss zone to monitor. Always trade with caution and employ proper money management strategies.
#FLUX/USDT#FLUX
The price is moving in a head and shoulders pattern on the 4-hour frame and we are now at the right shoulder
We have a trend to stabilize below the moving average 100
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at a price of 0.5030
Entry price 0.5700
First target 0.6300
Second target 0.6846
Third target 0.7330
Buy Trade Idea for FLUX Description
FLUX is a next-generation cryptocurrency that powers a decentralized cloud infrastructure, positioning itself as a key player in the emerging market of decentralized cloud computing. Here are the core fundamentals driving FLUX's potential:
- **Decentralized Cloud Computing:** FLUX provides a scalable, decentralized cloud platform for the deployment of applications, offering a cost-effective and efficient alternative to traditional centralized cloud services. As demand for decentralized applications (dApps) grows, FLUX is well-positioned to benefit.
- **Growing Ecosystem:** With an expanding network of nodes and increasing adoption from developers building on its platform, FLUX's ecosystem is continuously evolving, driving long-term value creation.
- **Blockchain Interoperability:** FLUX is interoperable with multiple blockchains, making it versatile and adaptable to various decentralized finance (DeFi) and dApp environments, broadening its appeal to both developers and users.
- **Scarcity and Utility:** As a utility token, FLUX is integral to the network's functionality, used for transaction fees and staking, which drives demand alongside the growing platform use case.
These strong fundamentals make FLUX a compelling candidate for a buy trade, with potential for growth as decentralized computing continues to gain traction.
Disclaimer
Cryptocurrency trading involves significant risk and can result in substantial losses. The content provided here is for informational purposes only and does not constitute financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
FLUX ANALYSIS#FLUX Analysis 🚀🚀
As we can see that #FLUX is trading in a Descending Channel Pattern in daily time frame. After a small retest towards it's major support zone we would see a reversal in #FLUX 💸 💯🚀
💸Current Price -- $0.5440
📈Target Price -- $0.7300
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#FLUX #Cryptocurrency #DYOR
FLUXUSDT(FLUX) Updated till 03-09-24FLUXUSDT(FLUX) Daily timeframe range. while many alts created new lows compare to that its holding off well for now. for some time its been trying to get a close over 0.6643 but lack of volume not helping here. if PA stay consistent surely it gonna have its breakout.
#FLUX Tapping into a High-Performance Blockchain PlatformDescription
FLUX is a blockchain platform gaining traction for its decentralized cloud infrastructure and unique approach to enabling a decentralized internet. Here are the key fundamentals supporting a buy trade idea for FLUX:
- **Decentralized Cloud Infrastructure:** FLUX is pioneering decentralized cloud computing, allowing developers to deploy, manage, and utilize cloud services without relying on centralized entities. This innovation positions FLUX as a key player in the future of internet infrastructure.
- **Strong Ecosystem Growth:** The FLUX ecosystem is rapidly expanding with the development of decentralized applications (dApps), partnerships, and integrations, enhancing its utility and adoption in various sectors.
- **High Performance and Scalability:** Built to support high throughput, FLUX can handle a significant number of transactions per second, making it suitable for large-scale applications and enterprise solutions.
- **Community and Developer Support:** With a strong community backing and active developer participation, FLUX continues to innovate and improve, adding new features and capabilities that attract more users and developers to the platform.
These robust fundamentals indicate potential growth for FLUX, presenting a compelling buy opportunity for investors looking to capitalize on the rise of decentralized cloud computing and blockchain technology
Disclaimer
Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Cryptocurrencies can be highly volatile, and their value can fluctuate widely due to various factors, including market sentiment and regulatory changes. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
#FLUX/USDT#FLUX
The price is moving within a descending channel pattern on the 1-hour frame and is expected to break upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.4560
We have a trend to stabilize above the moving average 100, which supports the rise
Entry price 0.4700
First target 0.5047
Second target 0.5235
Third target 0.5482
#FLUX/USDT#FLUX
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.4850
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 0.5250
The first target is 0.6118
The second goal is 0.6971
The third goal is 0.7954
FLUXUSDT.1DIn this technical analysis of the FLUX/USDT 4-hour chart on Binance, we'll explore the significant technical aspects that are currently shaping the market dynamics of FLUX.
Price Action and Support/Resistance Levels
The chart shows FLUX trading at approximately $0.7379, with a significant downtrend visible, marking a 10.77% decline in the last recorded session. Key resistance levels are indicated at $1.0816 (R1) and $1.2427 (R2), while support levels are set at $0.6595 (S1) and $0.4893 (S2). These levels suggest potential areas where price movements could stall or reverse.
Technical Indicators
MACD (Moving Average Convergence Divergence): The MACD line is currently below the signal line, and the histogram reflects negative values, both of which indicate bearish momentum. The increasing distance between the MACD line and the signal line suggests that the bearish momentum is strengthening.
Historical Volatility: While not explicitly shown, the wide price fluctuations suggest high volatility, typical of lower-cap cryptocurrencies like FLUX. This volatility can lead to rapid price changes, affecting trading strategies.
Market Sentiment
The recent sharp decline and the position of the price relative to the support and resistance levels imply a bearish sentiment in the market. The trading volume, though not visible in this snapshot, would provide additional insights into market conviction.
Conclusion
The current market setup for FLUX suggests a bearish outlook, as indicated by the technical indicators and the recent price action. The price is approaching the first support level (S1), and how it reacts to this level could be crucial. A break below S1 could see FLUX testing the lower support at S2. Conversely, if S1 holds, there might be a potential rebound towards R1. Traders should monitor these levels closely for signs of a reversal or continuation of the current trend. As always, considering the inherent volatility in such assets, risk management strategies such as stop losses should be employed to protect investments.
FLUXFlux is a decentralized Web3 cloud infrastructure comprised of user-operated, scalable and globally distributed computational nodes. Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses, including purchasing resources, collateralizing nodes and fueling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for providing computational resources.
Anyway, it is clear that Flux has some potential. Flux start was great, rising almost 3000%. Then Flux went into correction, which was timely, and ended at 0.618 Fib retracement level. Also, Flux's correction unfolded in a descending triangle pattern. When Flux broke this triangle upward, that was the confirmation for the next upward phase. It seems Flux is going toward the ATH. Let's see if Flux can break it or not.