Get started

Flamingocoin

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.
Long
by moon333
Flamingo Token (FLM) Analysis 09/03/2021Flamingo is a decentralized finance (DeFi) platform based on the Neo blockchain and the Poly Network interoperability protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway (wrapper), an on-blockchain liquidity pool (swap), a blockchain asset vault, a perpetual contract trading platform (perp) and a decentralized governance organization (DAO). Flamingo positions itself as a singular platform that combines multiple decentralized finance tools for Neo into a common ecosystem that will be governed by its users via a decentralized autonomous organization. Decentralized finance is a nascent, fast-growing trend in the cryptocurrency industry that encompasses various financial solutions that often operate on top of cryptocurrency blockchains. Working as a sort of second-layer industry, DeFi platforms are conceptually aligned with the idea of the cryptocurrency industry as a whole: eliminating third parties and singular points of failure from monetary and financial systems. Having emerged in early 2019, by mid-2020 the DeFi industry already boasted over $4 billion in locked collateral assets. Some of the main use cases in DeFi are cryptocurrency lending, yield farming and decentralized exchanges. However, for most cryptocurrencies and their respective DeFi environments, each of these solutions is usually provided by a single separate platform. Flamingo’s unique advantage comes from the fact that it’s aiming to combine all the key financial instruments for the Neo cryptocurrency token (token wrapping, liquidity pooling, asset vault and contract trading) and make them available via a single platform that will be governed by its own users in a decentralized way. Technical Analysis: As we can see the there exist a Hidden Bullish Divergence with MACD Histogram which is the sign of trend continuation there are total of 3 Targets Specified by Fibonacci projection of the Past Impulsive Wave where we get the 3 TP confirmation when we get to our 2TP on an impulsive wave with some price Correction
Long
by BitonGroup
6