FLM / TETHERUSAscending parallel channel for FLM
Hello friends, this is a personal analysis. Please do not use it as a basis for buying and selling.
Thanks.
Market insights
FLM 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
🔥 FLM Potential Channel BounceFLM has been trading in this channel for over three months now. With BTC falling recently, the price of FLM is near the support of the channel again, a potential buy opportunity.
With a prolonged push upwards the target is the current ATH. Wait for confirmation before entering the trade.
Happy trading!
FLMUSD - LONG TO $1.12 IN TWO DAYS🚀🚀FLMUSDT BUY/LONG
Zoom in🔍
Study the chart
Follow the Green arrow
For Spot and Futures Traders
Entry - $0.714
Tp1 - $0.9
Tp2 - $1.1
Tp3 - $1.2
Stop loss - $0.5350
Choose your leverage
As we can see on the chart, FLM is consolidating/ranging. Price was unable to break the demand zone, downward. Also price is about to break the symmetrical triangle upward.
If the breakout is successful, I expect price to reach my target at $1.120 in 2-7days
What do you think?
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FLM - BIG MOVE COMINGAs with all the other crypto pairs, we have seen a big bullish leg followed by a correction which we are in right now. We could possibly be in an ABC bullish correction now with the end of wave C aligning with the bottom of the flag and the Daily MA. Will wait to see if price reacts there and look for buying pressure.
FLM - BIG MOVE COMINGAs with all the other crypto pairs, we have seen a big bullish leg followed by a correction which we are in right now. We could possibly be in an ABC bullish correction now with the end of wave C aligning with the bottom of the flag and the Daily MA. Will wait to see if price reacts there and look for buying pressure.
FLM 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Next top $2Hello
Bullflag in action
Retesting support buy ($0.08)
If break out our top target is around 2 usd.
Take profit before
Goodluck
