FLUXUSDT.P trade ideas
FLUXUSDT.1DIn this technical analysis of the FLUX/USDT 4-hour chart on Binance, we'll explore the significant technical aspects that are currently shaping the market dynamics of FLUX.
Price Action and Support/Resistance Levels
The chart shows FLUX trading at approximately $0.7379, with a significant downtrend visible, marking a 10.77% decline in the last recorded session. Key resistance levels are indicated at $1.0816 (R1) and $1.2427 (R2), while support levels are set at $0.6595 (S1) and $0.4893 (S2). These levels suggest potential areas where price movements could stall or reverse.
Technical Indicators
MACD (Moving Average Convergence Divergence): The MACD line is currently below the signal line, and the histogram reflects negative values, both of which indicate bearish momentum. The increasing distance between the MACD line and the signal line suggests that the bearish momentum is strengthening.
Historical Volatility: While not explicitly shown, the wide price fluctuations suggest high volatility, typical of lower-cap cryptocurrencies like FLUX. This volatility can lead to rapid price changes, affecting trading strategies.
Market Sentiment
The recent sharp decline and the position of the price relative to the support and resistance levels imply a bearish sentiment in the market. The trading volume, though not visible in this snapshot, would provide additional insights into market conviction.
Conclusion
The current market setup for FLUX suggests a bearish outlook, as indicated by the technical indicators and the recent price action. The price is approaching the first support level (S1), and how it reacts to this level could be crucial. A break below S1 could see FLUX testing the lower support at S2. Conversely, if S1 holds, there might be a potential rebound towards R1. Traders should monitor these levels closely for signs of a reversal or continuation of the current trend. As always, considering the inherent volatility in such assets, risk management strategies such as stop losses should be employed to protect investments.
FLUX/USDT D1 LONGFlux is at the bottom of the weekly and daily trend. It is another good cryptocurrency that has good growth potential.Dear friend, thank you for following me.
ASLAN GHANDEHARI ASLAN_FOREX_US
FLUXFlux is a decentralized Web3 cloud infrastructure comprised of user-operated, scalable and globally distributed computational nodes. Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses, including purchasing resources, collateralizing nodes and fueling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for providing computational resources.
Anyway, it is clear that Flux has some potential. Flux start was great, rising almost 3000%. Then Flux went into correction, which was timely, and ended at 0.618 Fib retracement level. Also, Flux's correction unfolded in a descending triangle pattern. When Flux broke this triangle upward, that was the confirmation for the next upward phase. It seems Flux is going toward the ATH. Let's see if Flux can break it or not.
FLUXUSDT 8H LONG setup - UPDATEWe previously had an analysis on FLUX on May 21 sharing a possible Long setup. FLUX has successfully hit TP1 with more than 20% spot gain.
Needless to say that it was almost getting Stop-hunted.(Price got really close to tight SL but failed to hit it)
#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
FLUXUSDT 12H#FLUX has broken the Falling wedge pattern on the 12H timeframe. Now it is testing the EMA200 and Ichimoku cloud. In case of a breakout of the EMA200, we expect a massive bullish wave. Targets are:
$1.0238
$1.1695
$1.3152
$1.4954
$1.7867
Support is $0.8165
FLUX/USDT upward momentum from demand ?👀🚀FLUX Today analysis💎Paradisers, fasten your seatbelts for an exhilarating journey with #FLUXUSDT! The cryptocurrency charts a bullish course, springing forth from a critical demand level at $0.8544. This level serves as a launching pad for a robust leap into bullish territory.
💎 A remarkable development is its escape from a descending trendline, propelling #FLUX on an optimistic trajectory. If the price successfully maintains momentum at this current demand level of $0.8544, we can anticipate a strong bullish move targeting the MTF resistance at $1.1683.
💎 However, let’s remain vigilant. Should NASDAQ:FLUX encounter obstacles and struggle to maintain its stride, a bullish effort from the $0.7262 MTF support level may come into play. Breaking below this level would trigger a significant downward movement.
MyCryptoParadise
iFeel the success🌴
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 inteligentassetBullish scenario
Resistances 1.3 upper limit channel, 1.56 pivot high, 1.92
Bearish scenario
Supports 1.129 in 50 ema, 1, 0.87 ascending trend& horizontal, 0.7
FluxUsdtFlux is good project but this coins and tokens not first pick. u need first focus on BTC-Sec ETH- after Eth move top 10 and top 20. after that this coins pump and you can got great profit. about fundamental you need research but i think this is good project.
wait for correction this area not good for buy. wait correction.
GL
EntryPoint:
1.2754
1.0534
0.9032
Supports:
0.7754
0.6221
0.4695
Resistances:
1.3568
1.7954
Targets:
2.5616
3.0853
4.0243
6.6305
GL
$flux we may see 0,45 to 0,52 before continuation of uptrend
target is 1,3 in short term 3/4 months
It is following typical other alt coins chat like eg: RNDR
#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 showing a very good investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 197 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Fluxusdt trading opportunityFLUXUSDT has successfully executed a breakout from a falling wedge pattern, followed by a substantial impulsive rally. We anticipate a minor corrective phase prior to the resumption of the bullish trend.
For accumulation purposes, we have identified a buyback zone, and for those looking to realize gains, we have delineated a supply zone that should serve as an opportune area for profit-taking.
We welcome your insights and opinions on FLUX in the comments and kindly remind you to express your support by liking the post.
Thank you.
FLUX Last Buying OpportunityThis might be the last time you can buy FLUX this cheap.
FLUX is a long term hold and I believe it will hit billions of marketcap.
Buy at green box.
FLUXUSDT - Reversal SymmetryAnother AI coin
I expect price to recover in the same manner that price declined creating a sort of symmetry between the decline and the ascension
Bars pattern shows this climb
Abstract idea using the bars pattern tool.
log chart.
FLUX - Bulls are ready 🐂Fluxusdt is breaking out of Falling Wedge on 3D after long consolidation.
I´m expecting a retest and a continuation of the upwards movement.
Looks like altcoin season is here.
