FLMUSDT.P trade ideas
Bullish Momentum with Potential CorrectionCertainly! Let's analyze the FLM coin, incorporating all the indicators, and also include the support and resistance levels:
FLM is currently priced at $0.0840, exhibiting a bullish trend as it trades above both the EMA 50 ($0.0765) and EMA 100 ($0.0839). This indicates positive momentum in the market.
The RSI stands at 65, suggesting that FLM is approaching overbought conditions. While not yet in the extremely overbought range, this could indicate a potential correction or consolidation in the near future.
The MACD is at -0.0033, indicating a slight bearish momentum. However, the deviation from the baseline is not significant, suggesting that the overall trend remains intact.
With the stochastic oscillators at 87, FLM is nearing the overbought zone. This aligns with the RSI analysis and supports the potential for a correction or consolidation.
The volume oscillator sits at 57%, indicating a relatively moderate trading volume. While not strongly indicative of market sentiment, it suggests ongoing participation from traders and investors.
The On-Balance Volume (OBV) is at 3.032B, signaling a significant increase in buying pressure. This positive sign indicates strong accumulation of FLM recently.
Considering the Fibonacci levels on the daily timeframe:
- 0 Fibonacci support level: $0.0454
- 0.5 Fibonacci level: $0.0667
- 1 Fibonacci resistance level: $0.0880
Today, FLM has experienced significant gains, reinforcing the bullish sentiment.
Support levels to monitor include the 0 Fibonacci level at $0.0454 and the EMA 50 at $0.0765. If the price retraces, these levels could act as support.
Resistance levels to watch are the 0.5 Fibonacci level at $0.0667 and the 1 Fibonacci level at $0.0880. These levels may present barriers for further upward movement and could cause the price to consolidate or experience a pullback.
flm Breaking falling Wedge Formed and breaking falling wedge In 3days Timeframe Incase Of successful breakout expecting 300 to 350% Bullish move
FLMUSDT Bearish FlagHi Traders, we can see a bearish flag pattern in 1 hour TF, we will wait for confirmation for the price to break the last low to enter a short trade.
Very long term position on FLM. Risk reward 24/1Flamingo looks very strong for a long time. I expect growth within six months to the indicated goals.
Buy ~ 0.09-0.1$
1TP ~ 0.3$ (15%)
2TP ~ 0.49$ (30%)
3TP ~ 0.79$(55%)
SL - 0.067$
Buy on spot or futures. Leverage x2-x5
eye on FLM On 4H TF, FLM broke the long term trendline (since November 2021). The retest is on going.
One can wait for retest to be done (with 4H candle) to enter the trade or one can enter here, depending his trading style. In any case, a good risk management is always needed.
One needs to keep an eye also on BTC which is forming an ascending triangle , in my opinion. For this, please refer the my latest post for BTC using the like below.
FLMUSDt is testing the daily resistanceThe price of the asset is currently testing the 0.1051 key level on the daily time frame.
The next supply area is located at 0.1277, where there may be resistance to further price increase.
Supply refers to the area on a chart where there may be increased selling pressure and resistance to price increases.
It is typically indicated by a buildup of sell orders or a lack of buying interest at a certain price level.
On the 4-hour time frame, the price may have a retracement to the 0.618 Fibonacci level, where new liquidity could be absorbed and a new breakout could occur. We are waiting for their strategies to be triggered in response to the potential retracement and breakout, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
FLM: INCREASE VIEWFLM Showing depends on a low time frame increase view.
we will follow this coin to check the trend out.
🌠We will monitor FLM to see if it shows any upward movement in the lower time frames. If the trend looks promising, we will continue to track it beyond the initial 24-hour period
short to mid term $Flm Flamingo coin Prediction! Possible 50%+ Hello traders!
Flamingo finance has many interesting new news. First off all their Fusd stable coin coming up very. Secondly On their site ,they have their own trading platform that generates extra yield for the earn option. Lastly , it has proven their safety over the past years.
For the technical points Bollinger bands narrowed down on the daily chart . Price action bounced down from the very top and completed correction towards the half way. Now if Btc allows and their new stable coin launches , this could trigger a well deserved possible roar in the short term. When you have time to check out their web page, They work quite hard to make things possible . I would say 50%+ gain is due already.
Good luck.
FLM/USDT perpetual futures contract this is a bullish token imo we just need to break the 200 and i think we can fly
FLM DEVIATION SETUPweekly time frame deviation setup being played
fvgs to be filled soon
big divergences on rsi expecting a breakout
Flamingo in a huge falling wedge?Looks like FLM has formed a huge falling wedge on the larger timeframe.
Currently pushing against the 20MA on weekly, possible breakout in Q1/Q2 forming?
FLMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for FLMUSDT
Here we have R1 as the resistance area and it expresses the price was not able to rise at different points. R2 used to be a support area. S2 used to be a long-term resistance line. And at the bottom of the chart, S1 is our support line that includes the well support of price. Hence, we have the price fluctuating below R1 and we expect it to have a rise and touch this area. Then by providing some confirmation candles to fall, a decline would be there for it to reach lower amounts such as S1. But if the price fluctuates above R1, it will have more rise to R2 or more. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
FLMUSDT is testing the resistanceThe price is testing the resistance inside an ascending channel
How to approach it?
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
pink flamingo will spread its wings- FLM Hello.
The coin has passed the accumulation zone, a strong support level of 0.0795
The instrument has formed a horizontal level of 0.08345 .
RSI at 39, in my opinion, will transfer the buyer's interest to the coin, an additional factor of movement will be the up trend of the main guide.
TP - 0.1078(max target)
I consider the input in the Range: 0.8375 (or by market), 0.808, 0.078
SL - 0,0708
Thank you for reading. Put the rocket) And I'll smile
Technical analysis for FLMHigh sales volume failed to dump the price that shows us strong buyers. Higher than average volumes and probable liquidity grab demonstrate long movement continuation. Open long on high activity only.
