FLMBTC trade ideas
$FLM broke resistance, target 50%$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 $FLMBTC pair.
We can set a tight stoploss and aim for high targets.
Flamingo (FLM) Strongly Bullish | Time To Jump! (105%)We have been patient with Flamingo (FLMBTC) which is good since patience is the key.
The same trend remains intact, we have bullish consolidation taking place.
Today, prices move above EMA100 which can lead to massive gains.
Just look at the green arrow on the chart... Huge potential!
Namaste.
Flamingo DEFI on the NEO network is about to explodeFlamingo DEFI ($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 and is about to follow the rest of the ALT boom and especially the DEFI boom.
Another main coin that has not done its true upward move is NEO!
NEO has reached an ATH of $200 in the 2017/2018 Crypto hype and it is now trading less than $50!
FLM runs on the NEO network and NEO has recently done a major Testnet upgrade: coinmarketcap.com
This chart shows that FLM is about to explode way above $2.00 :
Flamingo (FLM) Stable Ascending Channel As Consolidation (125%+)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 prices trading above EMA50 and EMA10.
Today we have a strong green candle with the bears losing control... The bulls now have the upper hand, strong RSI and MACD, FLMBTC is about to grow.
The next target is mapped on the chart.
These "targets" are for reference only...
Remember to do your own research before buying into any trade.
Thanks a lot for reading.
This is not financial advice.
Namaste.
FLMBTC - Long - Potential 15.46%FLMBTC - Long - Potential 15.46%
FLMBTC - Long - Potential
Exchanges: Binance
Signal Type: Regular (Long)
Entry Targets:
1) 0.00000851
Take-Profit Targets:
1) 0.00000888
2) 0.00000981
Stop Targets:
1) 0.00000769
Trailing Configuration:
Entry: Percentage (1.0%)
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
Flamingo (FLM) Moving Above EMA10, 50% & 165% Targets!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 contract trading platform (perp) and a decentralized governance organization (DAO).
Different components of the Flamingo network are planned to be launched in several phases:
Token wrapper for Bitcoin, Ethereum, USDT, Neo, Ontology and others: September 23, 2020
Swap and LP token staking: September 30, 2020
Phase 3 vault launch and stablecoin issuance: October 28, 2020
Perp launch: November 25, 2020
DAO launch: December 23, 2020
Source: Coinmarketcap
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We have a new uptrend forming here and prices moving now above EMA10.
The RSI is trending up and the MACD starting to curve.
These are EARLY bullish signals.
They become active upon confirmation.
The confirmation comes in as the trading volume grows and prices close above EMA10, EMA21, and EMA50.
That's how the higher targets can be achieved.
Namaste.