FLMUSDT trade ideas
LUXALGO 1N CRYPTODetails in video....wasn't too keen on this trade after I took it but it shot up to grab liquidity or to take out positions...I closed most of my position after it broke above....
FLM/USDT Break out the falling wedge pattern, Bullish Momentum ?Yello Paradisers, take note! #Flamingo
💎 FLM has successfully broken out of its falling wedge pattern on the hourly chart, backed by substantial trading volume.
💎 Prior to this, FLM rebounded impressively upon hitting a demand zone in the same hourly timeframe. Additionally, the candlestick pattern displayed 'Three White Soldiers,' a bullish indicator.
💎 This creates a favorable short-term trading environment for FLM, supported by multiple bullish confirmations. You have the option to enter the trade now or wait for FLM to retest the support trendline of the previously broken falling wedge.
💎 This bullish outlook would be invalidated if FLM breaks below the key support level and closes there.
Long 1-2 setup / corrective structure seems complete After a potential triangle formation that is complete in the larger timeframe, price rallied in 5 waves and came down in 3 waves. The 3 wave correction looks complete and so far it held the relevant support level(black fibonacci box). Therefore price is ready to rally in a third wave targeting at least 0.11 dollars. To confirm, it needs a first smaller impulse to the upside above the b wave high at 0.0914.
FLMUSDTFLMUSDT is in bullish trend.
Potentially printing HH and HL.
No sign of trend reversal here.
We wait and watch for the breakout of last HH.
FLMUSDTFLMUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles .
Currently the price is retesting the broken channel's trendline , if the retest level holds it could be a nice buying option.
What you guys think of this idea?
FLM Sell TradeHere is My Study On FLM
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
FLM buy TradeHere is My Study On ANKR.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
FLMUSDTFLMUSDT is in bearish trend.
Potentially printing LH and LL.
There is no sign of reversal from here.
We wait and watch for the breakout of last LL.
FLM Pump And Dump. Here is Now My StrategyHere is My Study On FLM
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
📊#FLM starts again, can it go to the moon again?🌕👀By observation we can see that FLM has been running in this mode for more than a year. This is a coin heavily manipulated by whales, which speaks to its high popularity.
🧠This time the RSI has appeared an unprecedented overbought state and broke through the wedge pattern, so I think the performance this time should be better.
Do you choose A to go to the moon or choose to adjust and fall back to B ?
✴️ Flamingo Major Breakout ( Bullish! Altcoins Market + Bitcoin)I've been sharing some Altcoins that have been growing 2X, 3X, 4X, 5X and even 8X+ in the last two months, as evidence that the Cryptocurrency market is about to experience a major bullish explosion.
This can be found in the Bitcoin September 2023 Roadmap trade idea... But there is more.
There are many more Altcoins that are also growing but just not as wild but still strong. We are seeing 2 digits green/positive growth on many pairs, hundreds of pairs to be exact; Flamingo is one of those.
We can see Flamingo's usdt pair, FLMUSDT, producing the highest volume ever on this exchange. When this happens, it predicts a new bullish wave.
I am telling you this because we are into Cryptocurrency trading, we love Bitcoin and the Altcoins as well.
When the market is bearish we tend to doubt and become discouraged and depressed just before a major bullish wave.
Hopefully I can grab your attention and this will give you time to prepare.
These bullish waves only happen twice per year, the strong ones and we have to make the most of them as we can.
I hope you find this information useful and profit all the way.
Namaste.
Finally Flm Getting Ready For Massive Breakout Seems Like Has Already Bottomed Out Massive Volume Coming While Formed Falling Wedge And Approaching Towards Trendline Expecting Breakout
Incase Of Successful Breakout Expecting 300%+ Bullish Rally In Midterm
FLM Long opportunityFLM finishing consolidation period, expecting it to revisit previous highs or refill wicks.
Invalidation below green supply box, however hitting this region could invalidate the structure
Bullish Momentum with Potential CorrectionCertainly! Let's analyze the FLM coin, incorporating all the indicators, and also include the support and resistance levels:
FLM is currently priced at $0.0840, exhibiting a bullish trend as it trades above both the EMA 50 ($0.0765) and EMA 100 ($0.0839). This indicates positive momentum in the market.
The RSI stands at 65, suggesting that FLM is approaching overbought conditions. While not yet in the extremely overbought range, this could indicate a potential correction or consolidation in the near future.
The MACD is at -0.0033, indicating a slight bearish momentum. However, the deviation from the baseline is not significant, suggesting that the overall trend remains intact.
With the stochastic oscillators at 87, FLM is nearing the overbought zone. This aligns with the RSI analysis and supports the potential for a correction or consolidation.
The volume oscillator sits at 57%, indicating a relatively moderate trading volume. While not strongly indicative of market sentiment, it suggests ongoing participation from traders and investors.
The On-Balance Volume (OBV) is at 3.032B, signaling a significant increase in buying pressure. This positive sign indicates strong accumulation of FLM recently.
Considering the Fibonacci levels on the daily timeframe:
- 0 Fibonacci support level: $0.0454
- 0.5 Fibonacci level: $0.0667
- 1 Fibonacci resistance level: $0.0880
Today, FLM has experienced significant gains, reinforcing the bullish sentiment.
Support levels to monitor include the 0 Fibonacci level at $0.0454 and the EMA 50 at $0.0765. If the price retraces, these levels could act as support.
Resistance levels to watch are the 0.5 Fibonacci level at $0.0667 and the 1 Fibonacci level at $0.0880. These levels may present barriers for further upward movement and could cause the price to consolidate or experience a pullback.
flm Breaking falling Wedge Formed and breaking falling wedge In 3days Timeframe Incase Of successful breakout expecting 300 to 350% Bullish move
FLMUSDT Bearish FlagHi Traders, we can see a bearish flag pattern in 1 hour TF, we will wait for confirmation for the price to break the last low to enter a short trade.
