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FLUX / TetherUS PERPETUAL CONTRACT

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FLUXUSDT.P trade ideas

FLUX project , a potential blockchain for futureHi all. we have a long term analysis on FLUX in 1W chart. as you see on my chart after compelete a full cycle of 1-2-3-4-5 and ABC waves we have a potential to start a new impulsive wave. of course this correction may be extend and lasts more. i draw cycle lines (Blue vertical lines) and we see ABC correction lasts 2 cycles and now is in the end of cycle. this means correction last 2 time more than impulsive wave and have a potential to reverse. for the end of ABC correction we have a lot of reason and levels like: 1-we are in the range of recent impulsive wave 4 2-we see a strong support level there(i show it with a purple rectangle) 3-recent impulsive wave fibonachi retracement 50% level 4-wave A projection 200% fibo level 5-POC(point of control) is here. so i think this altcoin have a lot of technical potential for amazing growth. if we see this blockchain website,we found it good protocol with amazing roadmap. runonflux.io what we need is a liitle good news for inflation this week... have good investing and dont forget to manage your risks. !!!NOTE!!! MY POSTS ARE NOT TRADING AND INVESTING ADVISE SO TRADE ON YOUR OWN STRATEGY AND CONSIDER MARKET RISKS.
Long
by TraderAmin-KZ
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.
by vf_investment