$FLM is inside falling wedge pattern.
keep eye on it 👀
🐮 break out from upper line of wedge can increase price more than 400%.
🐻 break down from lower line of wedge will invalid this scenario.
Flamingo is a decentralized finance (DeFi) platform based on the Neo blockchain and the Poly Network interoperability protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway (wrapper), an on-blockchain liquidity pool (swap), a blockchain asset vault, a perpetual contract trading platform...
FLM is under consolidation and it is ready to break it soon and we will see at least 60% price hike in FLM coin.
After the sudden dump from the triangle pattern, it started the accumulation formation and once it is completed we will see FLM above 0.6$.
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$FLM broke out from descending resistance and confirmed it as support in a zone that too many trend lines meet, and made it a strong support zone.
holding above this zone can help price to head up toward resistance of $0.9 and the target of triangle is around $1.34 and $1.5
break down from current price will drop price to $0.46 and below this support the...
Flamingo (flm) analysis
What Is Flamingo (FLM)?
Flamingo is a decentralized finance (DeFi) platform based on the Neo blockchain and the Poly Network interoperability protocol. It combines several DeFi applications into a single ecosystem: a cross-blockchain asset gateway (wrapper), an on-blockchain liquidity pool (swap), a blockchain asset vault, a perpetual...
FLMUSDT is getting hit from overhead falling resistance (Blackline).
It has attempted multiple times to break it but falling to do so.
IF is breaks and close above BUY should be taken.
However, IF it break below the support zone. SELL approach should be adopted.
Buy: 0.7077 - 07300 (closing required)
Last time I made analysis on Flamingo month ago. I said that the FLM has the strong fundamental factors to grow. Click the link under the article to check it.
As you know I use the lower Bollinger band on the 3D timeframe(current chart is daily, but the BB indicator use 3D timeframe). According to my strategy a managed to buy FLM almost at the...
FLM/USDT has been consolidating inside its triangle. Even though BTC will be the king of the current rally, Flamingo holds very solid. I am expecting FLM to breakout the triangle and move towards the ATH region and beyond, in the upcoming months. It has been silent for a while, but every coin has its turn. I am expecting around a %300 increase in a couple of...
Hello guys, according to the downtrend and uptrend, you can use the trend and consider the loss of the uptrend in the daily time frame.
Enter : 0.50
Target : 0.55
Target : 0.62
Target : 0.74
Target : 0.99
Target : 1.12
Stop loss :0.43
$FLM broke down from a support zone but as you can see it s not closed the daily candle yet to say if for sure. price touched the ascending support zone that is strong and weekly support.
if price hold this support zone and head up to break out from descending resistance line targets will be around $0.77 and $0.9 (60%-80%) based on AB=CD pattern and a...
Signal: Yellow -> Lime: Breakout after Range
Condition: Bitcoin maintain present level, does not collapse.
FLM, FLAMINGO, FLMUSD, FLMUSDT, FLMUSDTP, CRYPTO, CRYPTOCURRENCY
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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!
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.