FLUX is essentially a suite of cloud based software including computing services and taking SAAS a step further positioning as Blockchain as a Service (BAAS). Additionally the FLUX ecosystem includes multi-asset wallet and blockchain app Zelcore (which has recently partnered with FTX for trading integration, FTX is also an investor in FLUX). FLUX was launched on NEAR in 2020 and has been built with it's FLUX asset used to launch and manage apps on the network, governance in the FLUX Dao, staking, DeFi, etc. Additionally FLUX has parallel assets on a number of other blockchains currently Ethereum, BSC and Kadena. They are launching Solana and Tron on October 15 and have 5 more to be added in the future. Their fusion concept is integral to this and can be done through Zelcore. Zelcore also is developing what it calls EVE, which in use for blockchain they compare to Siri or Alexa.
An incredibly bullish rising wedge on 1 day timeframe, just dipped below support my buy zone is in the .41 to .375 area with a SL of .3258.
Plan is to take some profit around .5230 if desired and/or add additional if price catches and surpasses most recent non launch highs of app .614 and take profit at a 2X investment multiple, remaining initial investment at just below $1 and the rest leave for long term hold.
An incredibly bullish rising wedge on 1 day timeframe, just dipped below support my buy zone is in the .41 to .375 area with a SL of .3258.
Plan is to take some profit around .5230 if desired and/or add additional if price catches and surpasses most recent non launch highs of app .614 and take profit at a 2X investment multiple, remaining initial investment at just below $1 and the rest leave for long term hold.
Comment:
Well this also certainly came to fruition and crushed FLUX's prior ATH. It's incredibly exciting to see so many new utilizations of blockchain being embraced and partnering with each other to maintain a decentralized and transparent future for all social, personal and any use case.
Trade closed: target reached