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FLMUSDT trade ideas

FLMUSDT.4HBased on the market data provided, the FLM cryptocurrency is currently trading at a price of 0.0976 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 64.15, 65.79 and 53.76 respectively. The RSI values for 4 hours and 1 day are above 60, indicating that the cryptocurrency is somewhat overbought, which could signify a potential price decline in the near future. However, the 7-day RSI is in the neutral zone, suggesting that the coin is neither overbought nor oversold over a week-long period. The Moving Average Convergence Divergence (MACD) for 4 hours and 1 day are positive, indicating a bullish trend, but the 7-day MACD is slightly negative, suggesting a potential bearish trend over the longer term. The Bollinger Bands (BB) for 4 hours, 1 day and 7 days are 0.0977, 0.0987 and 0.0998 respectively. The current price is close to the lower band on all timeframes, indicating a potential upward price movement. The resistance levels for 4 hours, 1 day and 7 days are 0.1035/0.1124/0.1149, 0.1040/0.1146/0.1231 and 0.0/0.0/0.0 respectively, and the support levels are 0.0917/0.0869/0.0780, 0.0858/0.0783/0.0701 and 0.0729/0.0670/0.0522 respectively. The current price is closer to the support levels, indicating a bearish trend. In conclusion, while the short-term indicators point towards a potential upward price movement, the longer-term indicators suggest a bearish trend. This mixed signal suggests that traders should proceed with caution and consider other market factors before making a decision.
by MarsSignals
FLM Long Update: The next bullrun?The time has finally come where money will be flowing into the shittiest of shitcoins, and right up there is the shittiest of them all: FLM. Bursting through the demand zone, FLM is now looking for more buyers to rally to previous highs. oftentimes (as you can see throughout the chart the past year), FLM will have a 1-2 day span where it runs up 70-80% extremely quickly, and I expect that day to come again very soon. When it hits the trendline on my chart, try to sell immediately -- is falls as quickly as it rises. If you got big balls try to do a 5-10x short after the first bearish engulfing 5min candle that falls below that top trendline and wait it out until 0.1221 or even 0.10. Caution while trading this with margin -- price fluctuates a lot more than others, but liquidity has been surprisingly good lately. Good luck everyone!
Long
by Jordsito
FLM On Fire: Don't Miss Out on This Buy Trade!"**Short fundamental:** * Flamingo Finance is a decentralized exchange (DEX) and lending platform built on the Neo blockchain. * It offers a variety of features, including asset swaps, liquidity pools, borrowing, and lending. * The FLM token is the native token of Flamingo Finance and is used for governance, staking, and rewards. **Recent news:** * On October 19, 2023, Flamingo Finance announced the launch of its new lending product, Flamingo Lending. Flamingo Lending allows users to borrow and lend assets on Flamingo Finance with competitive interest rates. * On October 21, 2023, Flamingo Finance announced a partnership with Ledger, the leading hardware wallet provider. This partnership will allow Flamingo Finance users to securely store their FLM tokens on Ledger hardware wallets. **Disclaimer:** **Cryptocurrency is a highly volatile asset class and investing in it carries a high degree of risk.** Please do your own research before investing in any cryptocurrency.
Long
by MoonTradingForecast
1
#FLMUSDT.P - BIG LONG !#FLMUSDT.P; Something caught my attention in the previous bullish chart. The start of the uptrend after each decline was first initiated with a small volume candle and then took direct flight with a single candle (Daily). This seemed very interesting to me and reminded me of the self-repeating chart discourse. I say why not and why I should not be involved in a rise of about 70-80%. I will do trial and error with a tiny little amount and a leverage not exceeding 10x. I hope I will be lucky :) No statement here is investment advice. Good Luck
Long
by Binanciega
10
FLM, getting ready for another round UP after that correction.FLM went parabolic and touched 0.15, a classic parabolic move -- but as per usual a correction was warranted and trimmed the gains to touch the 0.098 levels. Price action went back as far as 1.0 FIB range on 1h data. A major order block support. Net buyers are back and accumulation have re-started. Expect some significant bounce play from the current range. It may target 0.15 anew -- with a possible break. Spotted at 0.10 TAYOR. Safeguard funds always.
Long
by JSAL
FLM/USDT Break out the falling wedge pattern, Bullish Momentum ?Yello Paradisers, take note! #Flamingo 💎 FLM has successfully broken out of its falling wedge pattern on the hourly chart, backed by substantial trading volume. 💎 Prior to this, FLM rebounded impressively upon hitting a demand zone in the same hourly timeframe. Additionally, the candlestick pattern displayed 'Three White Soldiers,' a bullish indicator. 💎 This creates a favorable short-term trading environment for FLM, supported by multiple bullish confirmations. You have the option to enter the trade now or wait for FLM to retest the support trendline of the previously broken falling wedge. 💎 This bullish outlook would be invalidated if FLM breaks below the key support level and closes there.
by MyCryptoParadise_Nathan