FLUXUSDT
Trending after its pullbackIn the two cases provided below, the case for the Sandbox and Decentraland are this market trending upwards. Similar is it for the case of Flux. Something to note is that flux is trending after its initial pullback.
Entry Price: 1.29
Stop loss: 1.24
Target Price 1: 2.00
Target Price 2: 2.27
Target Price 3: 2.93
The general sentiment in the metaverse tokens is that this market is trending and with other metaverse tokens trending would the market sentiment lead to the Flux token be trending in the long term.
Seen in this chart is the token is overbought in the short term and the MACD is about to close in the short term.
This is not financial advice.
Flux Coin formed bullish Gartley for upto 27% moveHi dear friends, hope you are well and welcome to the new trade setup of Flux coin with Bitcoin pair.
On a 12-hr time frame FLUX has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FLUX Fell Off a Cliff. Now What?! Potential 30% spike.BINANCE:FLUXUSDT is another hype crypto that is probably another scam. Regardless, the chart shows a technical setup that can return 28% once confirmed by breaking above the ascending triangle reaching a target of $2.168. At the same time, we see a unique RSI pattern. There are three lows in price aligning with three lows in RSI which I have marked with vertical lines. The first two lows show RSI divergence which is a sign of reversal. The third low in price shows a higher low in RSI which is confirmation of the reversal trend. On top of that, we see an ascending triangle forming. The triangle is not confirmed because it needs 3 touches on each side. Currently, each side has two touches only.
Conclusion: We wait for the triangle to be confirmed. Then there is an obvious trade set-up.