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FLM / TetherUS PERPETUAL CONTRACT

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FLMUSDT.P trade ideas

FLMUSDT (FLM) - IMMINENT BREAKOUT ANALYSIS 🔎 - FLMUSDT is consolidating in a symmetrical triangle pattern . - A relatively big move is imminent. - There's a breakout potential. POSSIBLE PRICE ACTIONS - Uptrend ⬆️: breakout above the symmetrical triangle's inclined resistance. - Downtrend ⬇️: breakdown below the symmetrical triangle's inclined support. TARGETS 🎯 - Uptrend ⬆️: Horizontal resistance levels (R1, R2). - Downtrend ⬇️: Horizontal support levels (S1, S2)
by Chibuike_Odoh
4
FLM - u want to be INYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY! If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
Long
by SvarogPerun
18
Flamingo (FLM) / USDSimilar setup to DIA trade of recent, an easy 30% move to the upside and will probably happen soon. The inverse head and shoulders embedded in the classic ‘W’ shape formation we see in price action on the above 1-day chart during a consolidation period is one of my favorite risk / reward plays. Very little downside risk from here. In addition to the price action pattern, RSI is 50+ with higher lows in Stochastic RSI. Furthermore price action confirms support on the 21-day moving average (where breakout is written).
Long
by without_worries