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Flare

Bitcoin Time and Price PredictionThis chart illustrates Bitcoin's historical price movements and projections, with key technical milestones and predictions for future price action. Historical All-Time Highs (ATH): Significant ATH levels are marked on the chart, showing key breakout points over the years. Each ATH is followed by a substantial correction, leading to a consolidation period before breaking the ATH again. Time Intervals Between Breaks: The chart notes the time taken to break previous ATHs, averaging between 10 to 12 months. For example, it took 10 months to break the ATH around 2017 and 12 months for the subsequent cycle. Recent Price Action: The most recent ATH and the time it took to break it (11 months) are highlighted. The price has again corrected and consolidated, suggesting a potential new breakout. Projections: Based on historical patterns, a future breakout is predicted around January/February 2025. The target price for this breakout is projected to reach $120,000. Technical Indicators: The SMMA (Smoothed Moving Average) lines provide support and resistance levels at $37,635.1 (green) and $25,410.5 (red). These levels serve as potential stop-loss areas to manage risk. Profit Targets and Stop Loss: Profit Target: $120,000, based on historical breakout patterns and Fibonacci extensions. Stop Loss Areas: First level: Near the current SMMA at $37,635.1. Second level: Lower SMMA at $25,410.5. Summary: This analysis projects Bitcoin reaching $120,000 by early 2025, following historical breakout patterns. The SMMA lines help identify support levels, and the time intervals between previous ATHs guide the prediction. Traders should consider these levels for setting profit targets and stop-loss areas to manage risk effectively.
KRAKEN:BTCUSDLong
by Etaiii
Flare has 1 daily candle close above the invh&s neckline. Fairly big candle that closed above the neckline too and the bigger the candle the higher the probability that it can flip that neckline to support. However we all know how often price action will fallback below an invh&s neckline before the real breakout occurs, so for now there is no confirmation or validation that flare has broken up from this pattern just yet. We should know within the next 2-3 daily candles if its gonna breakout now or if its gonna go back under the neckline though if I had to guesstimate. Should it validate the breakout here, the breakout target is around .37 cents. *not financial advice*
COINBASE:FLRUSD
by DrDovetail
11
FLR/USDT assessing resistance and trendline?🚀FLR Today AnalysiS💎 Paradisers, take a moment to observe #FLRUSDT as it embarks on an interesting journey. Currently, the price is testing an ascending trendline and facing a crucial resistance at $0.03848. A breakthrough above this level could launch a significant bullish campaign to overcome even tougher resistance. 💎 On the flip side, if NYSE:FLR struggles to surpass this resistance, it's time for a strategic pivot. As astute traders, we're anticipating a bullish recovery from the lower support at $0.03473, including a Fair Value Gap (FVG) level. Given that liquidity has been tapped below this point, a bullish reversal seems highly probable. 💎 Falling beneath this additional support level could indicate a shift towards a more defined bearish trend, marked by increased selling pressure. Staying vigilant and adaptable is crucial as we navigate the evolving #FLR market dynamics.
Long
by MyCryptoParadise
3
FLARE has now set the boundaries for a potential cup & handle.I posted a previous chart that surmised a potential cup & handle may be attempting to develop. Now that the recent breakout has pulled back, it has given us the ability to determine the height of the cup, and the pullback will also help us to determine the potential depth of the lower trend line on the handle. The white dashed line is my estimate of the general area I believe it could be. This is a great sign! With the recent bounce we've seen the past 10 days or so, FLARE is now on a lot of people's radar who missed the recent breakout, and are now looking for a potential entry point moving forward. This could give us the volume we need in the coming weeks/months to breakout of the cup & handle pattern, and see even more impressive gains in the near future. Keep in mind it will take time for this handle to fill in, assuming that the cup & handle will continue to form moving forward, but at this point it's looking highly probable. Good luck, and always use a stop loss!
Long
by MetaShackle
1
Flare (FLR)Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers secure decentralized access to high-integrity data from other chains and the internet. Anyway, it is evident that Flare was moving down in a descending triangle pattern. After, FLR broke the descending triangle upward, FLR started an upward wave which now reached the first horizontal resistance area. If FLR break through these areas, further upward movements are possible. Let's see what happens.
by SaeedSalehinia
FLARE looks to be building a cup & handle formation.FLARE (FLR) recently went from being hated by some to quickly being loved by most! Leave it to a crypto doubling in price to change investor sentiment in a positive direction. FLARE (FLR) looks to be in the mid-stage of building a classic cup & handle formation, which we are seeing in a variety of cryptos right now such as HBAR, ALGO, TRU, ONE, REEF, and a few others. Identifying these potential trends can make trading these cryptos much easier by making it possible to identify potential entry and exit points within the trades, as well as predicting the directionality, i.e., long or short. I'm holding a bag of FLARE and will likely continue to hold it for many years to come. Good luck, and always use a stop.
Long
by MetaShackle
FLR/USDT bullish momentum from demand? 👀🚀FLR Today Analysis💎 Paradisers, observe the latest developments in #FLRUSDT, signaling a strong chance for a bullish trajectory from its demand zone. 💎 Recently, #Flare faced a setback at a supply zone but has been effectively adhering to a descending trendline. If it maintains momentum above the key demand level at $0.01598, we're likely to see a strategic climb towards challenging a significant supply zone. 💎 Beyond its market movements, the token's fundamentals are robust – #Flr, being an EVM-based layer 1, aims to revolutionize blockchain utility by providing developers decentralized access to high-integrity data from various chains and the internet, underscoring the project's solid reality. 💎 The dynamic and unpredictable nature of the crypto market necessitates a strategy that's equally fluid and responsive. Should #FLARE encounter resistance in securing its position within this essential demand zone, a swift and well-thought-out strategic shift might become crucial. 💎 In such a scenario, Plan B comes into play, focusing on triggering a bullish run from a lower, yet strategic demand level at $0.01381. This level will be pivotal, as breaching it could potentially indicate the onset of a bearish phase in the #flr market narrative. 🌴💰
Long
by MyCryptoParadise