✴️ Flamingo Recovers | Falling Wedge, Volume & Easy 215% Target

➖ Notice the falling wedge, it works as a consolidation phase.
➖ Notice how volume starts to rise after June 2022.

➖ Notice how in early September 2023 the highest buy volume ever shows up; This is it, that's the signal.

This tells us that "people in the know" are buying for the next market phase.

It tells us that the bottom is in, because as a new low is hit 17-August, sell/bearish volume is low but as soon as the time comes to buy the daily volume shoots up.

This volume signal is supported by a strong RSI as well as Flamingo trading above EMA50 in this timeframe.

What do we know?
We know the bottom is in!
Once we hit bottom, the only place left to go is up.

👉 I am mapping the first target for FLMUSDT at ~215%, you can find more by looking at the chart.

Thank you for reading.
Remember to follow!

Namaste.

Comment:

Flamingo looks much better now compared to four months ago.

Currently trading above EMA100 and MA200 with a very strong RSI.
A massive bullish jump can happen any day now.

Comment:

And just like that we are now at 100%+ profits on this pair.
We wait patiently to hit our targets.