#FLUX/USDT#FLUX
The price is moving in a descending channel on the 4-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.5500
Entry price 0.5771
First target 0.6482
Second target 0.7194
Third target 0.8000
FLUXUSD
FLUX is bullish (1D)It seems we have a large QM pattern on the chart where the left shoulder has been cleared, and liquidity pools at the top of the chart are attracting the price.
By maintaining the green zone, the asset can continue its upward trend.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#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
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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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#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
#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
#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 / 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 Chronicles: A 386-Day Resilience and Market SurgeEmbarking on an extraordinary journey over 386 days, Flux has emerged as a beacon of resilience in the volatile market. As it proudly returns to the green, a captivating story unfolds, intertwining market dynamics, historic price movements, and a relentless climb to an 88-cent pinnacle on Binance.
📈 Market Mastery with a 12M Cap:
Flux, with a modest 12 million market cap on Binance, defied expectations by soaring to 88 cents. This remarkable achievement not only highlights its intrinsic value but also emphasizes its capacity to disrupt conventional market structures.
🔄 December 18, 2023: Breaking Barriers:
A pivotal moment in Flux's saga occurred on December 18, 2023, as it boldly shattered market structures. The value surged from 17 cents in a single day, marking a profound breakthrough that resonates with market enthusiasts.
💪 386 Days of Unyielding Strength:
Throughout this incredible journey, Flux showcased unparalleled resilience. It weathered storms, navigated uncertainties, and demonstrated unwavering strength, ultimately returning to the green.
🎯 Next Destination: $1 Mark:
With the echoes of the 88-cent surge still resonating, Flux sets its sights on the coveted $1 mark. This ambitious target signals not just a numerical milestone but a testament to Flux's potential and the growing confidence in its market trajectory.
Conclusion:
In the world of cryptocurrency, Flux's journey is a captivating tale of triumph against the odds. Its resilience, combined with market-shifting moments and a bold surge to 88 cents, positions Flux as a noteworthy player in the landscape. As it continues its ascent, eyes are keenly set on the $1 mark, anticipating the next chapter in Flux's remarkable narrative.
FLUX / FLUXUSDTI see FLUX looks good if it does not close below the last low that was formed.
• 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.)
A Deep Dive into Its Daily Timeframe Technical Analysisn the ever-evolving landscape of cryptocurrencies, Flux, with its recent price activity, has caught our attention. As of the time of this analysis, Flux's market price stands at $0.616, a significant increase of 20% over the past 24 hours.
Technical Indicators Breakdown
Fibonacci Levels: The key Fibonacci retracement levels derived from the recent significant swing high and swing low provide potential support and resistance zones. These levels are currently at $0.47 (0 Fibonacci), $0.678 (0.5 Fibonacci), and $0.885 (1 Fibonacci). As per the Fibonacci retracement principle, these levels often act as potential reversal points. The recent price increase has pushed the price above the 0 Fibonacci level, indicating potential bullishness.
Bollinger Bands: The current price of Flux is above the middle Bollinger band ($0.5) and near the upper Bollinger band ($0.56), indicating an ongoing upward trend. Bollinger Bands can be used to identify potential overbought and oversold levels: as the price approaches the upper band, it could be nearing an overbought situation.
Relative Strength Index (RSI) and Stochastic: The RSI is at 71, hovering in the overbought territory. Additionally, the stochastic is at 62, nearing the overbought level. These readings could be precursors of a potential pullback as buying pressure exhausts.
Volume Oscillator: The volume oscillator is at 60%, suggesting substantial buying activity. This strong buying volume may have contributed to the recent price surge and can potentially sustain the upward momentum.
Moving Average Convergence Divergence (MACD): The MACD is slightly negative (-0.006), indicating a possible bearish sentiment. However, this is contradictory to the recent price action and other indicators, suggesting that traders should proceed with caution.
Market Outlook and Potential Strategy
Given the above indicators, Flux seems to be in an interesting position. The strong buying volume, combined with price levels surpassing key Fibonacci levels and touching the upper Bollinger band, suggests a bullish sentiment in the market. However, the overbought RSI and stochastic readings hint at potential price corrections.
Traders could consider entering long positions on any pullbacks to key support levels, provided these levels hold. Alternatively, if Flux breaks the upper Bollinger band with considerable volume, it could signal a continuation of the uptrend.
For those considering short positions, careful observation is required. The MACD suggests bearishness, but this is contradicted by other indicators and recent price action. A reversal signal or breakdown below key support levels could provide an opportunity for short sellers.
Conclusion
In conclusion, while Flux presents some bullish indications, the potential for a pullback due to overbought conditions should not be ignored. As always, in trading, there are no guarantees. This analysis is intended to provide a guide to what might happen based on historical data, but all trading decisions should be made based on careful consideration of current market conditions and personal risk tolerance.