Lots of buzz building around FLO due to partnerships with Medici Ventures and the implementation of the Open Index Protocol into projects including CalTech Tomography Database, Medici Land Governance, Ravencoin, Publish.io, tZERO. This could be one of the big winners for 2019. FLO is illiquid and somewhat scarce: it was created in 2013 and has already mined...
Florincoin has corrected down massively since reaching the $0.4 high. Price went south as much as 85%, hitting the $0.06 low. FLO/USD broke below the 88.6% Fibonacci retracement level as well as the uptrend trendline. Nevertheless, price recovered very fast and went up to $0.0135 breaking above the descending channel. Current correctional wave down was stopped by...
FlorinCoin has lost 85% to USD since the correction started back in the beginning of January. Price went down to $0.058 from the $0.4 high. Fibonacci applied to the corrective wave after the uptrend trendline breakout shows that the support at $261.8 is now being rejected after price managed to go below, but recovered very fast. If FLO/USD will manage to close...
Floricoin has been consolidating from June up until December when it broke above the strong resistance that was formed at $0.11. Prior to breaking above, FLO/USD rejected the uptrend trendline and the 200 Moving Average and then immediately jumped from $0.085 up to $0.33, gaining almost 300% in just 10 days. The corrective wave down followed, where...
We seem to have a descending triangle forming. The symmetrical triangle pattern on the day chart of FLOBTC offers a bullish breakout trade opportunity. If price goes over 0.000025, opens targets 0.000040 and higher.