FLUX
#FLUX/USDT#FLUX
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at 0.5170
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.5350
First target 0.5640
Second target 0.5870
Third target 0.6130
#FLUX (SPOT) entry range( 0.55 - 0.59) T. (0.9099) SL (0.5409)entry range( 0.55 - 0.59)
Target (0.9099)
SL .4H close below (0.5409)
note ....
(This trade may give you 100% profit but we are taking 54% from the highest entry point so you can keep a little for incremental revenue with very tight stoploss )
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BINANCE:FLUXUSDT
#FLUX
#FLUXUSDT
#FLUXUSD
NASDAQ:FLUX
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**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX ****
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#BTCUSDT
#FLUX/USDT#FLUX
The price is moving in a head and shoulders pattern on the 4-hour frame and we are now at the right shoulder
We have a trend to stabilize below the moving average 100
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at a price of 0.5030
Entry price 0.5700
First target 0.6300
Second target 0.6846
Third target 0.7330
FLUXUSDT(FLUX) Updated till 03-09-24FLUXUSDT(FLUX) Daily timeframe range. while many alts created new lows compare to that its holding off well for now. for some time its been trying to get a close over 0.6643 but lack of volume not helping here. if PA stay consistent surely it gonna have its breakout.
#FLUX/USDT#FLUX
The price is moving within a descending channel pattern on the 1-hour frame and is expected to break upwards after it has adhered to it significantly
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.4560
We have a trend to stabilize above the moving average 100, which supports the rise
Entry price 0.4700
First target 0.5047
Second target 0.5235
Third target 0.5482
#FLUX/USDT#FLUX
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.4850
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price is 0.5250
The first target is 0.6118
The second goal is 0.6971
The third goal is 0.7954
FLUXUSDT.1DIn this technical analysis of the FLUX/USDT 4-hour chart on Binance, we'll explore the significant technical aspects that are currently shaping the market dynamics of FLUX.
Price Action and Support/Resistance Levels
The chart shows FLUX trading at approximately $0.7379, with a significant downtrend visible, marking a 10.77% decline in the last recorded session. Key resistance levels are indicated at $1.0816 (R1) and $1.2427 (R2), while support levels are set at $0.6595 (S1) and $0.4893 (S2). These levels suggest potential areas where price movements could stall or reverse.
Technical Indicators
MACD (Moving Average Convergence Divergence): The MACD line is currently below the signal line, and the histogram reflects negative values, both of which indicate bearish momentum. The increasing distance between the MACD line and the signal line suggests that the bearish momentum is strengthening.
Historical Volatility: While not explicitly shown, the wide price fluctuations suggest high volatility, typical of lower-cap cryptocurrencies like FLUX. This volatility can lead to rapid price changes, affecting trading strategies.
Market Sentiment
The recent sharp decline and the position of the price relative to the support and resistance levels imply a bearish sentiment in the market. The trading volume, though not visible in this snapshot, would provide additional insights into market conviction.
Conclusion
The current market setup for FLUX suggests a bearish outlook, as indicated by the technical indicators and the recent price action. The price is approaching the first support level (S1), and how it reacts to this level could be crucial. A break below S1 could see FLUX testing the lower support at S2. Conversely, if S1 holds, there might be a potential rebound towards R1. Traders should monitor these levels closely for signs of a reversal or continuation of the current trend. As always, considering the inherent volatility in such assets, risk management strategies such as stop losses should be employed to protect investments.
FLUXFlux is a decentralized Web3 cloud infrastructure comprised of user-operated, scalable and globally distributed computational nodes. Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses, including purchasing resources, collateralizing nodes and fueling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for providing computational resources.
Anyway, it is clear that Flux has some potential. Flux start was great, rising almost 3000%. Then Flux went into correction, which was timely, and ended at 0.618 Fib retracement level. Also, Flux's correction unfolded in a descending triangle pattern. When Flux broke this triangle upward, that was the confirmation for the next upward phase. It seems Flux is going toward the ATH. Let's see if Flux can break it or not.
#FLUX/USDT#FLUX
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.800
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.9000
The first goal is 1.030
The second target is 1.0900
The third goal is 1.170
FLUX/USDT upward momentum from demand ?👀🚀FLUX Today analysis💎Paradisers, fasten your seatbelts for an exhilarating journey with #FLUXUSDT! The cryptocurrency charts a bullish course, springing forth from a critical demand level at $0.8544. This level serves as a launching pad for a robust leap into bullish territory.
💎 A remarkable development is its escape from a descending trendline, propelling #FLUX on an optimistic trajectory. If the price successfully maintains momentum at this current demand level of $0.8544, we can anticipate a strong bullish move targeting the MTF resistance at $1.1683.
💎 However, let’s remain vigilant. Should NASDAQ:FLUX encounter obstacles and struggle to maintain its stride, a bullish effort from the $0.7262 MTF support level may come into play. Breaking below this level would trigger a significant downward movement.
MyCryptoParadise
iFeel the success🌴
FLUX / FLUXUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#FLUX/USDT#FLUX
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area from which the price rebounded at 1.20
We have an upward trend on the RSI indicator
We have a higher stability moving average of 100
Entry price is 1.32
The first goal is 1.44
The second goal is 1.55
The third goal is 1.66
#FLUX/USDT#FLUX
The price has been moving in a descending triangle since April 2022
This pattern was broken by breaking the downtrend
Moving average 100 was broken
Supported by oversold on MACD
Current price 0.5090
First target 0.8465
Second goal 1.08
You should pay attention to the correction points on the chart