FLUX/USDT bullish continuation from support retest?👀🚀 💎 Paradisers! FLUXUSDT after facing rejection from a formidable resistance, it's gearing up to embark on a bullish journey from its support level.
💎 A closer examination reveals that FLUX has touched the .3528 mark thrice. Currently, it's revisiting the support level at .3072, and we anticipate a bullish resurgence from this point. However, should it breach below this support, our bullish outlook would be negated.
💎 Above, there's a distinct supply zone and an area of price imbalance. It's highly probable that the price will venture to this zone in the near future to address this imbalance.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
FLUXUSDT trade ideas
We love Flux!Flux belongs in the top 50 projects and it is highly undervalued as a DePin. Not to mention it is a disinflationary proof of USEFUL work coin. Great fundamentals, DePIN projects will lead to greater crypto adoption. You are very early anon, don't mess this up. Flux is a small cap project and only retraced 91%, there are large caps that retraced more. Not a lot of selling with this project and we are passed the halving. Send it, let it run.
$FLUX COIN, THE FATHER OF ALL WEB 3 PROJECTS IN CRYPTO SPACEYes, you read it right.
Flux Coin will be the next 10x, 20x, and who knows, it might even reach 50x. With its supply, reaching $10 seems easy in the next bull run, especially when they release its Proof of Useful Work.
The Flux management and developers are continually building its ecosystem to sustain the possible circumstances of their PoUW, despite the bear market season.
Its all time high was $4.17, and it seems that reaching the said minimum target is easy,
IN MY CHART:
Let's talk about the technical side of $FLUX. I have been closely monitoring its movement on a weekly basis, and it appears that the accumulation is hovering around $0.30 - $0.33, which, in my opinion, signals a healthy trend. Flux is currently undergoing a consolidation phase, reflecting a markdown trend. However, if the price breaches its key resistance, the bulls will likely attempt to push it back to around $0.8.
My buying zone falls within the range of the green box. Anything below that will be my dollar-cost averaging (DCA) zone.
FUNDAMENTAL PART:
The Flux ecosystem is focued and devoted to empowering everyone to develop, deploy and use the decentralized Internet of the future: Web3, it is a powerful decentralized computational Flux Network (FluxNodes), a Linux based operating system (FluxOS), the premier digital asset platform (Zelcore) and, finally, the Flux blockchain for on-chain governance, economics and parallel assets to provide interoperability with other blockchains and DeFi access.
DYOR
Plan your execution of trades, so that you don't plan to fail.
Happy Trading, everyone.
3 pumps of FLUXIt's so clear for me that FLUX is going to do 2 great moves very soon within 4 months as it's already finished the accumulation phase 3
Now the prices it 0.325 on date 24 Sep 2023
- The first target is going to be approximately 137% targeting 0.78
- The second target is 239% targeting 1.12
These moves could happen before the next bull run
FLUX / FLUXUSDTI see FLUX looks good if it does not close below the last low that was formed.
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
✴️ Flux [NYA]This is great. I saw this one last with great potential on it last month.
In this chart we have a new year+ low but the current price trades above it.
FLUXUSDT is also trading above its June 2022 low, which is really good.
If it takes off here you might be looking at a bottom catch.
As long as this pair trades above 0.365 it has a very strong bullish bias.
For a trader, this would be a very low risk setup if you use the above mentioned number as the stop, with a great potential for reward, we are looking at 279% but it can be more.
The chart always has many patterns we can look at and one pattern using one system correlates with another pattern in a different system, so you can find tons of signals to support your bias on the same chart. This is mostly irrelevant, the market moves in cycles and within these cycles we have waves... That's all that matters.
If we enter a new bullish wave, it will go up regardless of the indicators, the volume, the candles, the chart.
If the bullish wave is delayed, you either get more consolidation or a bearish continuation.
Since my believe is that a bullish wave is now taking form, we can expect Flux to go up.
We use this information only as an adjunct to a system we must have and develop before buying any coins.
This is not financial advice.
The charts can always change.
I see it going up.
Namaste.
FLUX /USDT upward momentum ahead !!👀 🚀Flux Today Analysis💎it is gearing up for an intriguing shift as it approaches a potential breakout from a falling wedge pattern.
💎 Currently, it's trading within a high-demand zone and maintaining a strong momentum above the 50-day Exponential Moving Average (EMA), reinforcing the bullish outlook.
💎 Another key point is the upward momentum shown by the RSI, as it's above the 50 mark, which is a factor that can't be ignored.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
✴️ Flux Network Has Long-Term PotentialHere is another Altcoin that caught my attention, I get the feeling that it is going to a big one in future cycles.
Bullish signals for FLUXUSDT, we have the bullish divergence with the RSI since November 2022 to start.
Two 3D sessions (6 days) already closed green with a great start on the current one.
The volume. There is a huge increase in trading volume after May.
You can find targets and also the support level marked on the chart.
Wishing you profits, great profits, success, wealth, health and luck!
Namaste.
A Deep Dive into Its Daily Timeframe Technical Analysisn the ever-evolving landscape of cryptocurrencies, Flux, with its recent price activity, has caught our attention. As of the time of this analysis, Flux's market price stands at $0.616, a significant increase of 20% over the past 24 hours.
Technical Indicators Breakdown
Fibonacci Levels: The key Fibonacci retracement levels derived from the recent significant swing high and swing low provide potential support and resistance zones. These levels are currently at $0.47 (0 Fibonacci), $0.678 (0.5 Fibonacci), and $0.885 (1 Fibonacci). As per the Fibonacci retracement principle, these levels often act as potential reversal points. The recent price increase has pushed the price above the 0 Fibonacci level, indicating potential bullishness.
Bollinger Bands: The current price of Flux is above the middle Bollinger band ($0.5) and near the upper Bollinger band ($0.56), indicating an ongoing upward trend. Bollinger Bands can be used to identify potential overbought and oversold levels: as the price approaches the upper band, it could be nearing an overbought situation.
Relative Strength Index (RSI) and Stochastic: The RSI is at 71, hovering in the overbought territory. Additionally, the stochastic is at 62, nearing the overbought level. These readings could be precursors of a potential pullback as buying pressure exhausts.
Volume Oscillator: The volume oscillator is at 60%, suggesting substantial buying activity. This strong buying volume may have contributed to the recent price surge and can potentially sustain the upward momentum.
Moving Average Convergence Divergence (MACD): The MACD is slightly negative (-0.006), indicating a possible bearish sentiment. However, this is contradictory to the recent price action and other indicators, suggesting that traders should proceed with caution.
Market Outlook and Potential Strategy
Given the above indicators, Flux seems to be in an interesting position. The strong buying volume, combined with price levels surpassing key Fibonacci levels and touching the upper Bollinger band, suggests a bullish sentiment in the market. However, the overbought RSI and stochastic readings hint at potential price corrections.
Traders could consider entering long positions on any pullbacks to key support levels, provided these levels hold. Alternatively, if Flux breaks the upper Bollinger band with considerable volume, it could signal a continuation of the uptrend.
For those considering short positions, careful observation is required. The MACD suggests bearishness, but this is contradicted by other indicators and recent price action. A reversal signal or breakdown below key support levels could provide an opportunity for short sellers.
Conclusion
In conclusion, while Flux presents some bullish indications, the potential for a pullback due to overbought conditions should not be ignored. As always, in trading, there are no guarantees. This analysis is intended to provide a guide to what might happen based on historical data, but all trading decisions should be made based on careful consideration of current market conditions and personal risk tolerance.