FLMUSDT trade ideas
$FLMUSD - Getting ready for a jumpHello everyone!
FLMUSD is not struggling to break above the dynamic resistance. There should be a massive push by buyers to break above this resistance to test 0.54 and 0.56 levels and 0.60 and 0.68 levels.
There is also a possible retest of the lower dynamic support of 0.46, so keep an eye on these levels.
Best of luck!
FLM: buy the breakoutThere is a clear resistance on that line. I recommend you buy this breakout. 4.3 R/R trade
FLM being prepared for next big move 🚀Hello traders .
let's start with the weekly chart :
in the weekly time frame . FLM created very big triangle or you can say this is a very obvious W pattern , however the important point is that the next big move is very imminent for FLM ; because if you draw FIB retracement you can see that price found support at 0.786 which is very alignment with the weekly structure and also the weekly trend line . but before going into the lower time frame let's talk about the long and mid term price targets :
1_ long term price targets :
the technical target of the triangle pattern , should calculate like above picture , but i like to use combination of the fibonacci tools and basic technical analysis , to find out PRZ area ; so as you can see in the picture above the technical target of the triangle is in alignment by the 1.0 fibonacci projection level , but be carful about another important fibonacci levels , such as 0.618 and , 0.786 .
2_ mid term price targets :
here we have very interesting convergent of the important levels , if you want to calculate minor W pattern in the weekly chart you can use fibonacci levels and also you can measure the price target like above picture , but important thing is that these convergent of the fibonacci levels
,you can see the technical target of the W pattern is about 1.2$ and this area we have 0.786 and 1,618 fib level , and also this level is previous ATH so this price level is very strong resistance area .
let's look at the daily time frame to find out more tradable patterns and more details :
in the daily time frame we have falling wedge pattern inside of the weekly triangle , you can also see FLM created minor W pattern above the weekly trend line ( red line ) and this is very bullish sign , because after breaking the falling wedge pattern , price start to create W pattern above the weekly trend line , but how we can trade based on this facts ?
we can open long position after breaking the daily resistance structure ( blue box ) but wait for daily closure above this level , as you know the technical target of the falling wedge is the top of the wedge , and this case top of the wedge is the neck line of the weekly W pattern .
I hope you enjoyed this analysis.
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FLM curved channel with arcsThis is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits 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 and oscillation parameters.
The yellow arcs show the internal cycles that FLM is following, so BEAR corrections are expected in the BULL path.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Cycle of FLM This is the cycle of FLM I've been looking at, this is cycle trading so don't be to sceptic. This is just an idea which is not to specific in its entries; just look at the main idea.
FLMUSDTPERP Long Idea 4HrAlt that has not had the same upward move as some of the majors. Looking at possible ranges to breakout of.
FLM/USDT Analysis. Good opportunity s comming.On the FLM / TETHER chart on the daily timeframe we see the formed triangle.
The main areas of support and resistance are also marked. The red line shows us the Point Of Control, this is a fair price area.
We see nice point where come together POC+Daily TL. Good opportunity to take a long.
When we switch to a lower time frame, the situation is clearer.
Now you need to find out, on lower time frames, what's going on inside the candles and decide whether there is a good opportunity to buy or sell.
I will discuss all the essentials with my students today and based on our Price action strategy we will look for a suitable place to enter.
Of course, all the conditions of our strategy must be met in order to increase the probability of a successful trade.
Flamingo(FLM) | Trading PlanHello, everyone!
OVERVIEW
Flamingo is a DeFi platform based on the Neo blockchain and the Poly Network protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway, an on-blockchain liquidity pool, a blockchain asset vault, a perpetual contract trading platform and a decentralized governance organization.
FUNDAMENTAL ANALYSIS
Product 5/10
The Flamingo is just DeFi, it has no personal blockchain. I will never mark the DeFi very high because it is not the fundamental project. But Flamingo has the same creator as the NEO, this fact increases the chances that this project will succeed.
Tokenomics 8/10
Flamingo has no maximum supply, but it has 100% of total supply in circulation. The supply shocks are not anticipated.
Partnerships 2/10
This project has lack of famous partners, but the fact that the twitter is almost dead concerns me much more.
Exchanges 6/10
There are only Binance and OKEX listed FLM token, it is not so good.
Market Information 8/10
The price made 4x from all time low and this is good. Moreover, Flamingo has low capitalization and it can make 4-6x from current price with the whole cryptomarket growth.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
FLM - Reversal Incoming!We were short FLM from 0.5 fibonacci level and now we have approached our final take profit level -0.27.
We are now looking for any reversal signs to take FLM back up. Watching for a descending wedge pattern to indicate a bullish reversal.
Watching this one closely as it could spike up very soon...
FLMUSDTNow in this chart i see Bearish AB=CD pattern.
Don't forget Investment management, be careful .
Flamingo / Curve Dao FRACTAL PATTERN!Curve has already broke out of the formation and FLAMINGO WILL FOLLOW. They have IDENTICAL STRUCTURE FORMATION! both projects are DEFI and both of them were released around THE SAME TIME.
Next TARGET for $FLM SHORT-TERM: 1.20$
FlmusdtI draw flmusdt d resistance line which now had broken out and retested
Obv breaks out but rsi needs bullish candle to confirm also price needs to breaks out resistance zone too
Keep watching for nice profits
flm break the triangle ! flmusdt if flm break the triangle toward the upside it will reach its all time high again
#flmusdt
#flmusd
#flm
FLM - Watch For BreakdownRecently we had a double top before the massive 40% drop. We can possibly see a continuation of the bearish momentum. We look to be in an ABC correction with the C wave playing out now.
We're looking for bearish momentum once we complete the C wave at around the 0.68 level with targets of the recent bottom of 0.5.
FLMUSDT is creating a bear Flag 🦐FLMUSDT is creating a Bear Flag. if the price is going to have a breakout from the weekly support, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
FLM 3 more steps to the moonFLM is a defi coin belongs to NEAR Protocol ecosystem.
Near is the parent and he flied so fast now.
So their children will fly soon.
FLM buy little bit now and dca to 0.42.
TG: 1.2-1.5-3-10$
FLMFrictionless access to crypto assets on Neo, Ethereum, Ontology, COSMOS SDK-based Networks and more.
FLM - Break and Retest Heaven 😍FLM has been making a series of structural breaks and retests. Within that, we have bullish corrections forming.
Watch for the next bullish correction to be formed and gain a risk entry near the trendline and structure. This one is going to be an easy trade!
