AlanSantana

✴️ Flux Network Long-Term Growth Potential (Easy 290% Mapped)

Long
AlanSantana Updated   
BINANCE:FLUXUSDT   FLUX / TetherUS
Good Thursday my beloved Cryptocurrency trader, we have a great chart ready for you today.

Flux Network (FLUXUSDT) is coming out of new All-Time Low and is showing the strongest possible combination of bullish signals... Let's dive in!

On the 04-Sep session we have an inverted hammer bullish candlestick pattern, this pattern shows up at the end of a trend to signal a potential reversal. The pattern is only confirmed after a new session closes above the wick high, this is the case with FLUXUSDT.

Just as a new ATL is hit, the hammer shows up with really high volume, the highest buy/green volume ever for this pair and this is followed by multiple green sessions, 4 straight weeks closing green as FLUXUSDT moves above EMA10 and EMA21 weekly.

Couple this with a rising RSI and a broken downtrend (descending channel/falling wedge) and we have a perfect combination of bullish signals.

Multiple targets are mapped on the chart.

It doesn't matter how far it goes in the short-term, we can expect a new bullish trend to develop, which means higher highs and higher lows long-term.

This is a good pair.

Thanks a lot for your amazing and continued support.
You are appreciated.

Namaste.
Comment:
Flux has been moving nicely and we are set to hit our first target on the main chart... It is likely to move straight up.

Comment:
This wave peaks at 135%. Additional growth possible long-term.

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