FLM
Flamingo (FLM) Stable Ascending Channel As Consolidation (125%+)We have only seen slow and steady growth, or "bullish consolidation", take place for FLMBTC (Flamingo) since our trade idea on March 3, see it below:
But, what does it mean?
On this chart, the bullish consolidation is marked with an ascending channel.
We can see prices trading above EMA50 and EMA10.
Today we have a strong green candle with the bears losing control... The bulls now have the upper hand, strong RSI and MACD, FLMBTC is about to grow.
The next target is mapped on the chart.
These "targets" are for reference only...
Remember to do your own research before buying into any trade.
Thanks a lot for reading.
This is not financial advice.
Namaste.
💡 FLM/USDT💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
FLMUSDT (FLAMINGO) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- FLMUSDT brokeout above the double bottom neckline resistance.
- Price hit a swing high and retraced.
- Price retested the neckline resistance (flip horizontal support)and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There was a relatively high concentration of buyers at the retest zone (High buying pressure).
- The retracement is resisted by the descending trendline resistance ( DTR ).
- A brokeout above the descending trendline resistance (DTR) could be seen as a bullish signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR) and horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (S1).
🔥 FLM Channel TradeFLM has been trading in a channel for a couple of months now, zoom out for a better picture.
Recently, the price reversed sharply from the lower support of the channel, potentially signaling a new upward move towards the top resistance of the channel. After consolidating for a couple of days I think we will see more bullish pressure arising soon.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
🔥 FLM Bullish Reversal From Channel SupportFLM has been trading in a channel for a couple of months now, zoom out for a better picture.
Recently the price reversed sharply from the lower support of the channel, potentially signaling a new upward move towards the top resistance of the channel.
Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs. Do your own due diligence.
Happy trading!
FLM - breaks interesting trendline on way to 39centsAs you can see on this chart FLM has just broken above the lime green trendline, isn't that interesting?
Next obstacle is the purple moving average line EMA 233
The red horizontal line is the short term target.
The area between the green and yellow horizontal lines is my buy zone should FLM drop down to this area.
Short term trade but also long term for DeFi lovers if you want to hodl.
This DeFi coin is on the NEO network where fees are less than Ethereum. Could be something in that.
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member.
Is Flamingo ready to fly? Hi everyone. Long time has passed since my last post.
Going straight to the point, I see a clear ABC correction and a great rejection from 200 EMA in the 4H chart, a great rejection from the 55 EMA in the daily chart, and more important, FLM is still undervalued. during this week, whales continued to accumulate heavy FLM doses for the next trip, like a shroom trip, or a flamingos great migration to moon, maybe I'm tripping right now, or maybe it0s the fact I bought at 20 cents and refilled at 39 cents.
Anyways. I see a great oportunity at short, medium and long term.
My targets are:
Best case scenario:
0.66 (Main resistance)
0.95 (Last resistance, if I'm getting picky)
1.21 (1.6 fib. ext.)
5 or more (medium to long timeframes)
Worst case scenario:
The are chances that BTC still behaces like a bitch , and get us out of the game.
So, a close below 39 cents 2 consecutive days is pretty bad and a game changer.
Good luck for all. Thank you for your time.
Flamingo going to fly?Will Flamingo be able to break the downward trend?
Strong moving average and price.
FLM/USDT - Upward trend. Also FLM + BTC pairHello dear friends. For consideration and the FLM coin paired with USDT.
Forming a cup with a handle, as well as a 35% correction, can provide a good entry point for continued growth.
An important support area is the $ 0.42 level
❗️❗️❗️More Trading Charts here: (LINK IN DESCRIPTION)❗️❗️❗️
I expect a decline in this coin by another test of this zone, and will buy from levels such as $ 0.4-0.42-0.43
Stop short, below $ 0.37
If this does not happen - and the price rushes to the resistance zone, I will consider buying - for a breakdown of the level, after confirmation.
❗️❗️❗️Disclamer❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
This Channel is not financial advise, It's My opinion and My observation: @opptrade
FLM usdt to push up to the .65c markSupport levels for Flamingo have risen on all time frames.
Strong EMA. Good trading levels. Good platform.
FLM usdt push to 50cGood growth with Flamingo today, will it reach the 50c mark?
Good market volume and strong EMA
FLM usdt - consolidation on all time levelsFlamingo network looks to be slowing down after good growth this week.
Expect to see further growth as this network gets bigger.
🔥 FLM/USDT Bullish Rebound TradeFLM has seen a small decline in value last night, just like most other crypto's. It seems that the crypto market is rebounding after last nights sell-off and making its way up again. Since FLM is one of the big winners of the last month, I think its an ideal candidate for a rebound trade like this.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
FLM usdt to push back up to the 40c levelFlamingo usdt to push back up to the 40c level. Good performance on this NEO based defi project.
Solid support levels.
FLM Not sure what this coin is but look like 300% gains soon FLM Not sure what this coin is but look like 300% gains soon. BINANCE:FLMUSD
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/USDT Bullish Channel Break OutWith today's strong price action, FLM has finally left the channel in which it has been residing for almost three months now.
This bullish break out is accompanied by a big daily candle today, with more to come.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
