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FLMUSD

📊 FLM just broke resistance. Will it last? I think so.Hello, dear TradingView members. This idea is an FLM analysis. FLM was retesting the resistance level when I was preparing this char, but it had a pump and broke resistance. Right now, I see two scenarios, and I think the first one is more likely to happen since the price is moving above the safe zone and it's showing overbought signals. Scenario one: The price will get rejected by the new resistance level and consolidate around that zone or fall even lower to the support levels. Scenario two: The price will get more buy volumes, and after a couple of hours, we will see another pump to the highest resistance level. The Bollinger Bands are broad and show overbought signals. The Speedometer indicator shows Buy volumes on the market for FLM on a 1D interval. Now have in mind: ANY news about this coin can cause a big pump or dump at this moment! Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
22
FLM (Flamingo) Token Analysis 28/03/2022Fundamental Analysis: Flamingo 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). Different components of the Flamingo network are planned to be launched in several phases: Token wrapper for Bitcoin, Ethereum, USDT, Neo, Ontology and others: September 23, 2020 Swap and LP token staking: September 30, 2020 Phase 3 vault launch and stable coin issuance: October 28, 2020 Perp launch: November 25, 2020 DAO launch: December 23, 2020 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. FLM is based on NEP-5, Neo’s token compatibility standard, so it is secured by Neo’s blockchain. In turn, Neo is secured by two hash functions: SHA-256 (the same one Bitcoin is secured by) and RIPEMD-160. The founder of Flamingo is Da Hongfei, a Chinese entrepreneur also known for co-founding one of the main competitors of Ethereum: the blockchain network Neo, which Flamingo is based on. Hongfei has also co-founded OnChain, a private blockchain services company. Da Hongfei has a degree in English and technology from the South China University of Technology and has worked as the CEO of the IntPass Consulting firm prior to teaching himself how to code and entering the blockchain scene in 2013-2014. FLM tokens are planned to be issued in several batches and distributed among the ecosystem’s participants based on their actual participation in the network. Flamingo’s team emphasizes the fact that no FLM tokens will be sold, minted or given to the platform’s team prior to its public launch. During the first week after the launch of the Flamingo Vault — the so-called “mint rush” period — 50 million FLM are to be distributed among staking pools. After the launch of Flamingo Swap (week 2-5), 40 million more FLM will be distributed to liquidity providers. During week 6-9, an additional 30 million FLM will be distributed among liquidity providers and FUSD minters. Finally, during week 10-13, another 30 million FLM are set to be distributed between liquidity providers, FUSD minters and Flamingo Perp traders. There is no upper limit on the total FLM supply: after the initial period of minting and the launch of the governing decentralized autonomous organization, the issuance of new FLM tokens and their distribution will be subject to the consensus of the ecosystem’s users. The current CoinMarketCap ranking is #464, with a live market cap of $75,280,646 USD. It has a circulating supply of 312,284,062 FLM coins and the max. supply is not available. Technical Analysis: The Token has fallen 85% Lower than its All Time High, it is at a very Discounted Price and Currently at the accumulation zone, soon the Smart Money effect shall Appear on the Price Value. There exist the Regular Bullish Divergence of Price Value from MACD , which is the very Significant sign of Bearish Trend Reversal eventually Start of the new Bullish Trends. As the price value Start its Bullish trend From these kind of Discounted Zones such as Fib 78.6% or lower such as 85%, we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH. There are Total of 4 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points. The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. 4 TP has Confluences with its Initial lunching Price and can be counted a the very Possible Target though.
Long
by BitonGroup
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
flm Flamingo #1 Flamingo (flm) analysis What Is Flamingo (FLM)? Flamingo 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). Different components of the Flamingo network are planned to be launched in several phases: Token wrapper for Bitcoin, Ethereum, USDT, Neo, Ontology and others: September 23, 2020 Swap and LP token staking: September 30, 2020 Phase 3 vault launch and stablecoin issuance: October 28, 2020 Perp launch: November 25, 2020 DAO launch: December 23, 2020
Long
by Cryptonix-Empire
FLM - huge pump after breakout!Hello, everyone! Last time I made analysis on Flamingo month ago. I said that the FLM has the strong fundamental factors to grow. Click the link under the article to check it. As you know I use the lower Bollinger band on the 3D timeframe(current chart is daily, but the BB indicator use 3D timeframe). According to my strategy a managed to buy FLM almost at the bottom ($0.44). If you bought with me, now you are in 40% profit. Now let's consider what is going to be next. Now the price is testing Supply zone 1 and it is near the Resistance trendline, so it is too dangerous to buy now. We should wait for this Supply zone and trendline breakout and buy only after that. In case of success the price will easily reach the $0.77 (Supply zone 2) and can almost reach the ATH, because it is the height of huge triangle which is formed buy Support and Resistance trendline. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Long
by Skyrexio
6
FLM potential t increase 60% - 80%#FLMUSD $FLM broke down from a support zone but as you can see it s not closed the daily candle yet to say if for sure. price touched the ascending support zone that is strong and weekly support. if price hold this support zone and head up to break out from descending resistance line targets will be around $0.77 and $0.9 (60%-80%) based on AB=CD pattern and a fractal. and if price break down from the ascending support zone (-20%) the bullish scenario will be invalid.
BINANCE:FLMUSDLong
by parissap
Flamingo(FLM) | Trading PlanHello, everyone! OVERVIEW Flamingo is a DeFi platform based on the Neo blockchain and the Poly Network protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway, an on-blockchain liquidity pool, a blockchain asset vault, a perpetual contract trading platform and a decentralized governance organization. FUNDAMENTAL ANALYSIS Product 5/10 The Flamingo is just DeFi, it has no personal blockchain. I will never mark the DeFi very high because it is not the fundamental project. But Flamingo has the same creator as the NEO, this fact increases the chances that this project will succeed. Tokenomics 8/10 Flamingo has no maximum supply, but it has 100% of total supply in circulation. The supply shocks are not anticipated. Partnerships 2/10 This project has lack of famous partners, but the fact that the twitter is almost dead concerns me much more. Exchanges 6/10 There are only Binance and OKEX listed FLM token, it is not so good. Market Information 8/10 The price made 4x from all time low and this is good. Moreover, Flamingo has low capitalization and it can make 4-6x from current price with the whole cryptomarket growth. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
by Skyrexio
42