FLUX
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
FLUX showing a very good investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 197 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
FLUXUSDT - Reversal SymmetryAnother AI coin
I expect price to recover in the same manner that price declined creating a sort of symmetry between the decline and the ascension
Bars pattern shows this climb
Abstract idea using the bars pattern tool.
log chart.
FLUX - Bulls are ready 🐂Fluxusdt is breaking out of Falling Wedge on 3D after long consolidation.
I´m expecting a retest and a continuation of the upwards movement.
Looks like altcoin season is here.
FLUX/USDT - Flux: Super Trend◳◱ On the $FLUX/ CRYPTOCAP:USDT chart, the Super Trend pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 1.217 | 1.3541 | 1.6452 and support near 0.9259 | 0.7719 | 0.4808. Entering trades at 1.1569 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Flux
▣ Rank: 216
▣ Exchanges: Binance, Kucoin, Gateio, Mexc, Hitbtc
▣ Category/Sector: N/A
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 1.1569 ₮
▣ 24HVol: 7,397,852.541 ₮
▣ 24H Chng: 12.19%
▣ 7-Days Chng: 11.40%
▣ 1-Month Chng: 93.86%
▣ 3-Months Chng: 77.23%
◲◰ Pivot Points - Levels :
◥ Resistance: 1.217 | 1.3541 | 1.6452
◢ Support: 0.9259 | 0.7719 | 0.4808
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 8.20
▣ Last 90D: 2.37
▣ Last 1-Y: 0.92
▣ Last 3-Y: 1.02
◲◰ Volatility :
▣ Last 30D: 0.93
▣ Last 90D: 0.85
▣ Last 1-Y: 0.80
▣ Last 3-Y: 1.49
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.58 - Bullish
▣ In-depth FLUXUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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1W - FLUXUSDT - Liquidity first ? Hi guys,
Short idea about FLUX; weekly timeframe.
There is an obvious support which gave us previous bounces.
Liquidity grap then back up ?
We'll see but a fakeout under the support wouldnt surprise me
This is not a financial advice but i'm looking to buy in the 0.29 - 0.40 zone
Like if you share
#FLUX/USDT#FLUX
The price is moving in an ascending channel and is strongly complying with its boundaries
We have a higher stability than Moving Average 100
Entry price is 0.5872
The first target is 0.6074
The second target is 0.6248
The third goal is 0.6410
The fourth target is 0.6634
FLUX / USDT - Bearish SignsShow some weak signs:
1: Break 200 Moving average and retest
2: Break VWAP
if price continue down move
Target
1. Daily 200 MA (red line)
2. 0.4959 level
80% profit, FLUX on the way to 1$BTC trend seems to have reversed to bullish right now. If the new bullish trend continues for the next 3 weeks and FLUX breaks out of the resistance, It has the potential to reach 1$.
FLUXUSDT IS BULLISH I think long in fluxusdt would be a good choice and it might be bullish in next days
BUY FLUXUSDT 🟢🚀 Premium Crypto Signal Alert! 📈
🔔 Signal: BUY
Asset: FLUXUSDT
📈 Technical Analysis:
The FLUXUSDT pair is exhibiting a compelling uptrend, having recently closed above the 200-day moving average. This signals a robust bullish trend, adding significant weight to the potential upward momentum. FLUX has showcased remarkable strength, maintaining levels above $0.60 for an extended period, further solidifying a strong support point.
📊 Trade Details:
Entry Point: ≈$0.60
Target 1: $0.80
Target 2: $1.05
📈 Trade Analysis:
The breakout of the bullish flag pattern, successful retesting, and the recent close above the 200-day moving average collectively suggest a highly favorable scenario for a sustained uptrend. The consistent trading above $0.60 not only establishes a robust support level but also reinforces the overall bullish outlook. Targets of $0.85 and $1.05 present attractive profit potential as the FLUX token continues its upward trajectory.
💡 Risk Management:
- Only use 5%-10% of your capital for this trade to mitigate risks.
- Avoid going ALL IN on trades, even if you're confident they will succeed.
- Do not invest your full capital; it's important to diversify and manage risk exposure.
- Consider setting a stop-loss at an appropriate level to protect your investment by regularly monitoring and adjusting levels as needed.
- Successful trading requires patience. Allow the trade to develop and avoid impulsive decisions.
🔄 Additional Buy Zone:
Be prepared to execute in the secondary buy zone (0.40) if market dynamics necessitate it.
⚠️ Spot Trading vs. Futures:
- Spot trading is a safer and more controlled approach, allowing for better risk management compared to the higher volatility and speculative nature of futures trading.
- Exercise caution and consider the potential risks associated with leveraged instruments.
🚨 Disclaimer:
Trading involves risks, and past performance does not guarantee future results. Exercise caution and conduct your research before making any financial decisions.
FLUX/USDT Bullish Potential in Reversed Demand Zone? 👀 🚀FLUX 💎Paradisers, focus on FLUXUSDT as it unveils a promising trading scenario. The asset is currently showing an interesting dynamic where a previous supply zone has transformed into a demand zone, hinting at a high likelihood of an upward movement.
💎Reflecting on# FLUX past performance, it has consistently adhered to a descending trendline, breaking above it to initiate an upward trend. Presently, IT is gearing up to retest a previous supply zone, now a demand zone, where a successful retest could significantly boost the chances of a bullish trend. Capitalizing on this upward momentum, NASDAQ:FLUX is targeting supply levels at $.5915 and $.7058.
💎However, should the price fail to maintain this upward momentum and break below the current demand level, #FLUX traders should be ready for a different scenario. Be prepared for a potential bullish resurgence from another key demand level of $.4295. Yet, remain vigilant as a descent below this pivotal level could raise concerns about the sustainability of the bullish trend.
flux getting ready for massive bullish rally seems like flux has already bottomed out and finally preparing for solid recovery in midterm
breaking multi year trendline incase of successful breakout expecting 2x bullish rally in midterm keep eyes on flux for confirmed breakout
never take any entry without breakout
FLUX/USDT bullish continuation from support retest?👀🚀 💎 Paradisers! FLUXUSDT after facing rejection from a formidable resistance, it's gearing up to embark on a bullish journey from its support level.
💎 A closer examination reveals that FLUX has touched the .3528 mark thrice. Currently, it's revisiting the support level at .3072, and we anticipate a bullish resurgence from this point. However, should it breach below this support, our bullish outlook would be negated.
💎 Above, there's a distinct supply zone and an area of price imbalance. It's highly probable that the price will venture to this zone in the near future to address this imbalance.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!
