TradingView
Chibuike_Odoh
Oct 22, 2021 5:16 AM

FLM/USDT { FLAMINGO } - BULLISH SETUP Long

FLM / TetherUSBinance

Description

ANALYSIS 🔎
- FLM/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.

TARGETS 🎯
- Horizontal resistance level (@0.7930).
- Horizontal resistance level (@1.2500).
- Fibonacci extension level 1.0 (@1.5288).

SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
More