Flamingo (FLM) formed big bullish Gartley for upto 776% rallyHi dear friends, hope you are well and welcome to the new trade setup of Flamingo ( FLM ).
On a monthly time frame, FLM has formed a bullish Gartley pattern:
It can be quite a high-risk and high reward setup, but as FLM has already broken out a big bearish pennant on a weekly time frame, therefore, the buying for this Gartley move is quite confirmed.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Flamingobitcoin
FLM speculative cup and handle confirmedMy last idea on FLM matured well enough, you'll see on 4h on this chart that the cup and handle was confirmed, and resistance turned support.
Next resistance is around 0,00001, then around 0,000013.
When 0,000013 is broken and confirmed there is a lot of upside on FLM.
Flamingo is so far the only place where you can stake SWTH apart from dem.exchange.
Speaking of dem.exchange; this is a project by Switcheo TradeHub (same team who made Zilswap for Zilliqa), and it is about to release derivatives, I bet is on this week; so far it's only in soft-launch (a released beta in a sense) this will massively boost volume on dem.exchange and I believe FLM will soon be listed there as too (since the Switceho team has worked with FLM as well).
I believe SWTH will see some massive gains the coming weeks, when soft launch of dem.exchange becomes full launch with marketing of derivatives/futures.
Dem.exchange will have up to 150x leverage, native BTC and ETH, USDC (just connect Ledger or Metamask and do what's needed), and close to zero transaction-fees. Volume on dem.exchange is still low and a bit under the radar, but it will rise massively I believe, partly because of its affiliation with Three Arrows Capital and other big venture-firms.
Both FLM and SWTH are traditionally on NEO, but since SWTH is now on TradeHub and has it's own chain and is cross chained it is really decoupled from the NEO-system.
Anyway I'm digressing here; I mention SWTH because I believe it to be one of the best projects in the crypto-space right now, especially considering the current events with trading being stopped by big capital.
And since SWTH isn't possible to chart on Tradingview yet I thought I'd mention it (you can chart it on charts.cointrader.pro )
Dem.exchange is at the forefront of the decentralised world; you'll get 60% APY when staking, and 90% of trading-fees also goes to stakers.
The world NEED decentralised exchanges.
FLM speculative cup and handleFLM has seen a minor rise in price these last two weeks as BTC consolidated. Will it continue?
Who knows. We will see it in the charts. I'm staking to get FLM, which is probably the best bet for anyone.
However I have my main bag in $SWTH, which will become a major player when it comes to trading in the coming years, I do believe Flamingo also has its place in DeFi.