Flamingo ! This will not be pretty I think. Major uptrendline broken and backtested, pain to come. Target 0.058, which is -40% from the current price. Always use stoploss!
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
The price had a breakout from the falling wedge and now the market is testing the monthly resistance at 0.12$.
The price is testing the 0.5 Fibonacci level as retracement.
How to approach it?
IF the price is going to have a breakout from the monthly resistance and retest the 4h resistance as new support, According to Plancton's strategy , we can set a nice...
Looking for Price action above .3180. Currently (for me) this is a TP area and wait for action above .3180. It has had good PA above both the H2 and the the H4 TF. It looks reallly bullish though.
Anyway watch the video. Its meant to be watched over this being read.
Hello, dear TradingView members.
This idea is an FLM analysis.
FLM was retesting the resistance level when I was preparing this char, but it had a pump and broke resistance.
Right now, I see two scenarios, and I think the first one is more likely to happen since the price is moving above the safe zone and it's showing overbought signals.
Scenario one:
The price...
Hey guys,
This time we are looking at FLM . We broke out of the sideways path and the breakout volume was high and still is. We think that we should not go back to the sideways pattern and next stop should be near $0.17-$0.2.
We might see a small pullback to the $0.11! We are setting out stop if we close 4hr below $10.5
If you like ideas provided by our team...
Hello traders, Everything is clear on the chart for you like always. with divergence in volumes, the price will definitely come back so monitor the price's action in the circle in PRZ to enter the position.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
The price is creating a falling wedge on the daily timeframe after the breakdown from the monthly support on the 0.12$
On the 4h timeframe the price bounced on the dynamic support
How to approach it?
The price needs to create new bullish impulse with momentum and volumes. IF the price is going to recover the monthly support as new resistance According to...
FLMUSDT has arrived to a big demand zone and it has the potential for a swing to following targets
Entry : around 0.166
Targets : 0.168 0.171 0.18 0.196 0.205 0.22 0.28
Stop loss 0.15
Worthy for 4x leverage
DO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you have always profitable
Fundamental Analysis:
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...
BINANCE
