FLMUSDT trade ideas
FLM/USDTA short local overview of the FLMUSDT pair.
Broke through the rising wedge, bargained in a small zone of accumulation, I expect a local fall to one of the support levels of 0.4278 or 0.3159, depending on the strength of the trend. Let me remind you that this is purely my personal opinion, not a call to action!
Thank you all for your attention!
If you liked my idea, follow me for more 🚀
Felamingo on the road $FLM #FLMFlamingo has reached the end of his triangle and The upper side of the triangle is broken. It can grow up to 80 cents in the midterm.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
🆓Flamingo (FLM) Aug-11 #FLM $FLMFLM has conquered the $0.50 zone and this support is a very important area for FLM at this stage because if it loses this zone, it will have a correction to the $0.4 zone. But now, FLM is moving towards the $0.7 and $1.1 zone
📈BUY
🔴Buy : 0.488-0.512$. SL if B
📉SELL
🔴Sell : 0.68-0.72$. SL if A
🔴Sell : 1.07-1.13$. SL if A
♻️BACK-UP
🔵Sell : 0.488-0.512$ if B. SL if A
🔵Buy : 0.39-0.41$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
The Flamingo is ready to fly #flm $flmFlamingo has reached the end of his triangle and has to make a decision for his next move. I hope he decides to go up, and in that case, he can grow up to 60 cents in the midterm.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
Follow for more...
FLM/USDT | Looks Solid for Midterm Hold (+75% Profit Potential)#FLM (Update)
Consolidating in Descending Wedge Formation..
Volume has been Decreasing from last 3 Months..
Breakout Expected So Keep Your Eyes on it.
In Case of Upside Breakout, +75% Profit Potential in Coming Days..!!
Looks Solid for Midterm Hold as well..!!!
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
FLM Channel with Upper and Lower limitsThis is a curved projection channel created upon a bounding box. For the creation of the chart, we use 3 "moving averages" that cover the center, upper and lower boundaries for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
FLM - Daily - "Weekly Symmetrical Triangle"Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
________________________________________________________
________________________________________________________
//////////////////////////////////////////////////////////////////
///////👍✋Not financial advice, do your own due diligence ✋👍////////
/////////////////////////////////////////////////////////////////
➡️Technical Standpoint⬅️
1.) Weekly symmetrical triangle.
2.) Has two T9 supports, putting a firm bottom at 0.40-0.38.
3.) No underlying accumulation spotted at this time.
➡️Fundamental Standpoint⬅️
1.) The founder of Flamingo is Da Hongfei, a Chinese entrepreneur also known for co-founding one of the main competitors of Ethereum: the blockchain network Neo
2.) Not much social activity, assuming they are in building mode.
➡️Current Season⬅️
- Bear season is unofficially dominating our indicators, currently at 7/14 confirmations.
- Something quite interesting to note is that since 4/25, BTC dominance has been regaining control. Personally, wouldn't be going short, bulls have the advantage at this time.
//////////////////////////////////
//////Indicator Legacy/Meaning//////
//////////////////////////////////
✨ Linear Regression Line( LR ): is the green/red worm-like line.
✨ TD Sequential (TDS): tradetrekker.wordpress.com
✨ Social Activity Indicator(SA):
- Based on trader sentiment. The indicator will provide either a Strong Interest, Neutral/Some Interest, or No Interest signal.
- Lime background = spike in interest.
- Yellow background = drop in interest.
- Fuchsia Circles = Clustering of circles on the lower end of the spectrum means consolidation.
//////////////////////////////////
///🎉🎉🎉Before You Go🎉🎉🎉///
//////////////////////////////////
Leave a like👍 and/or comment💬.
We appreciate and value everyone's feedback.
""Keeping it short and sweet as always.""
- assetsandcoffee📈☕
