$FLM broke resistance a couple of days ago, closed above it yesterday, and is confirming with a nice green candle today. As long as we close the daily near or above previous candles, this should be a fairly straightforward +50% on the $FLMBTC pair.
We can set a tight stoploss and aim for high targets.
We have been patient with Flamingo (FLMBTC) which is good since patience is the key.
The same trend remains intact, we have bullish consolidation taking place.
Today, prices move above EMA100 which can lead to massive gains.
Just look at the green arrow on the chart... Huge potential!
Flamingo DEFI ($FLM) has only been up 350% as an ATH since its low based on www.coingecko.com
Most solid DEFI coins like LINK, CURVE, LUNA, SUSHI and others have risen over 10,000% so $FLM has so much more room to grow.
It is currently attempting to break a major resistance which has crossed it a few times in the past few days...
We have only seen slow and steady growth, or "bullish consolidation", take place for FLMBTC (Flamingo) since our trade idea on March 3, see it below:
But, what does it mean?
On this chart, the bullish consolidation is marked with an ascending channel.
We can see...