FLMUSDT
FLM/USDT { FLAMINGO } - BULLISH SETUPANALYSIS 🔎
- FLM/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@0.7930).
- Horizontal resistance level (@1.2500).
- Fibonacci extension level 1.0 (@1.5288).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
$FLMUSD - Getting ready for a jumpHello everyone!
FLMUSD is not struggling to break above the dynamic resistance. There should be a massive push by buyers to break above this resistance to test 0.54 and 0.56 levels and 0.60 and 0.68 levels.
There is also a possible retest of the lower dynamic support of 0.46, so keep an eye on these levels.
Best of luck!
FLM/USDT Analysis. Good opportunity s comming.On the FLM / TETHER chart on the daily timeframe we see the formed triangle.
The main areas of support and resistance are also marked. The red line shows us the Point Of Control, this is a fair price area.
We see nice point where come together POC+Daily TL. Good opportunity to take a long.
When we switch to a lower time frame, the situation is clearer.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
I will discuss all the essentials with my students today and based on our Price action strategy we will look for a suitable place to enter.
Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
FLM - Reversal Incoming!We were short FLM from 0.5 fibonacci level and now we have approached our final take profit level -0.27.
We are now looking for any reversal signs to take FLM back up. Watching for a descending wedge pattern to indicate a bullish reversal.
Watching this one closely as it could spike up very soon...
FLM - Watch For BreakdownRecently we had a double top before the massive 40% drop. We can possibly see a continuation of the bearish momentum. We look to be in an ABC correction with the C wave playing out now.
We're looking for bearish momentum once we complete the C wave at around the 0.68 level with targets of the recent bottom of 0.5.
Felamingo on the road $FLM #FLMFlamingo has reached the end of his triangle and The upper side of the triangle is broken. It can grow up to 80 cents in the midterm.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
The Flamingo is ready to fly #flm $flmFlamingo has reached the end of his triangle and has to make a decision for his next move. I hope he decides to go up, and in that case, he can grow up to 60 cents in the midterm.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
FLM/USDT | Looks Solid for Midterm Hold (+75% Profit Potential)#FLM (Update)
Consolidating in Descending Wedge Formation..
Volume has been Decreasing from last 3 Months..
Breakout Expected So Keep Your Eyes on it.
In Case of Upside Breakout, +75% Profit Potential in Coming Days..!!
Looks Solid for Midterm Hold as well..!!!
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