FLM FLAMINGO IDEA 4H CHART - flmbtc flmusd flmusdt flmbnb flmeth
FLM has broken free out of it's ascending triangle. Resistance at 0.175 has flipped to support, with first target being 0.25.
This is What I see on the chart. If you're agree with that, touch the LIKE button.
Fast chart based on price-action alone, on daily-timeframe. FLM has since it's conception gone one way and one way only. Downwards. People were fabling about prices at around 1 bill, others thought 50 mill would be the very minimum (me included). Now it's valued at around 25 mill. Trading-volume is about 6,5mill. it's liquid, and it's a good project....
If FLM breaks out the downtrend it can move up to 0.25, otherwise, it continues down to 0.10 ... let's see what would happen
Flamingo finally recovering! November will be a good month for this coin. Bullish with MACD + RSI oversold for weeks so we can expect some reversal soon + fib levels Yellow line is the trend resistance we have to break. Not an investment advice, just sharing my thoughts. Good luck! :)
Potential counter trend for the mini downtrend if it can happen there will be a chance for the switching accumulation which can send the price .30sh and maybe more. So much potential upwards and it looks like sellers have already leaving and buyers coming in. Will see will it play or not.
Still a new coin, started in September, so finding its base but not a lot of data. After the inital problems with wallet fails on the first day of staking, they appear to be on top of issues and running on time. Next item on the timeline is Vault Phase 3 - Stablecoin Issuance - 28th of Nov 2020 - No idea what this is, guessing they will be starting a new stable...
Flamingo - Full Stack Cross-chain DeFi Protocol Oversold. Everyone is short. Yes, Increasing supply from LP reward but could be bought up and staked.
Here we got a start of an uptrend. Keep to my targets and you should be fine. If you agree hit me with a like and let me know what you think Follow for more content.
In next days, FLM may go sideways in the range of 3000-4000sts or even 3000-3500sts. Because the slope of its downtrend was so steep, so it will take us much more time for going sideways. I think the decision moment will be mid October.
We're reaching the end of a falling wedge since its listing on Binance. We need to consolidate more on the current 3400 area to set it as main support. RSI is oversold, candles hit Bollinger's lower band which means we can expect a reversal situation pretty soon. Nothing special to see yet on MACD in my opinion. This is not an investment advice, just sharing my...
It is 4th. day of this coin so that it is too early to talk , we will interpret this coin in the near future.