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FLO / Bitcoin

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FLOBTC trade ideas

$FLO/BTC longterm target$FLO made a new ATL in the bear season and has been showing rising volume ever since, historically the volume can be compared to what was seen much higher in prices. This indicates a strong accumulation and an upcoming uptrend. My targets are same as last cycle, mainly the 2.618 fib at around 4k satoshi with a moonshot chance of the 4.236 at 6.2k satoshi. Along the way I see good TP's and or potential trade opportunities being fib levels with some more notable ones being at 0.382 (~800 sats), 0.786 (~1.3k sats),1.272(~2k sats) and 1.618 (2.5k sats). Once again I do not expect an immediate rise to the targets but rather a longer term progress through the levels with a big jump in price at the end accompanied by appropriate volume.
Long
by OZmaster
2
FLO about to take off. Firstly thank you for reading. Times are a changing for the ALTS. Are we starting to see popcorn 'pop'? Finger's crossed, BTC will not do any crazy dance moves. If BTC stays rolling sideways....ALTS will be in for a white knuckle ride. Background: FLO has been around since 2013. Yes, you read right. The ATH was around .37 cents and peak market cap was 44.3 M. FLO is a scrypt minable crypto-currency with quick transaction processing. (40 second block time). Metadata. You can attach a bit of data on the blockchain, up to 1040 bytes, to every transaction and store it permanently on the FLO network. Security. FLO is being utilised in a number of key use cases. Overstock.com subsidiaries Medici Ventures and tZERO have been utilizing the FLO blockchain for to publish property rights on the blockchain. tZERO is adding digital locate receipts, which locate the ownership of a stock, into FLO to mitigate 'naked short selling'. A massive issue that tZERO hopes to solve. Not only has Medici Land Governance begun adding property records on the FLO blockchain (and partnered with the state of Wyoming, the city of Tulum in Mexico, and a number of other deals in the works. FLO is being utilised by the Open Index Protocol (OIP), a database for decentralized publishing, and an app on top of OIP called Alexandria, which allows users to search and browse info in that database. OIP are interested in it as an indexing tool, something that could provide the backbone of a blockchain-based Google. The California Institute of Technology, (Caltech), uses FLO to store more than 17,000 records of information gathered with microscopes. There is also Streambed which will help creatives and the like control their content. All of these use cases utilises FLO. Technicals: The EMA 100 has been smashed through on multiple timeframes. This is always a great sign for Alts. And can herald in incredible gains. The MACD has crossed and has a high ceiling to play with. Resistance is at 326 sats and 365 sats. Volume is picking up. With momentum these could be tested in the short term. If things really get interesting, and volume picks up, we could see FLO doing some crazy things. FLO is currently $4,590,874 USD market cap. Sitting at #500 on coinmarketcap. It has huge upside potential. The coin has a solid team behind it. It's been around almost as long as BTC so one could safely assume it will be around for a long time. Pro Tip: Remember is a low volume trade, so any major players can send this soaring into the stratosphere. Thank you again for reading. If you like this idea and content, please smash the like button. This is my first post in Tradingview so your support means so much. Thank you! Feel free to let me know what your take is. After all, we all live in the yellow submarine.... Namaste *Remember, this is just educational information. Trade at your own risk. Wishing you luck
Long
by DaleRennie
1
FLO Trading Near All-Time Lows (202% Short-term + 1975% to ATH)About FLO Build Blockchain Applications FLO is a public record for building decentralized applications that introduces a new feature called floData. This metadata layer allows reading and writing to the blockchain quickly and easily, encouraging unique apps and tools to be built with FLO Source: flo.cash ---- Let's start by looking at the long-term chart, this is a low volume altcoin pair, so big price swings are possible... Take a look at the potential profits. FLOBTC Weekly (W) Zoomed in (notice the divergence compared to the MACD) MACD (Higher Low) | Divergence with FLOBTC Additional details can be found on the main chart. Thanks a lot for reading. Namaste.
Long
by MasterAnanda
For purely technical reasons $FLO #Florincoin is about to doubleThis cryptoasset is highly illiquid with high spreads and therefore dangerous to trade with large amounts. It seems to be the case that demand is building for it, however. This is likely due to the possibility of its eventual implementation in Medici Ventures projects such as land governance, identity or voting. There is no clear info being released from what I can find explaining what they intend to use it for please mention any references in the comments below. What is Florin Coin FLO? | In 3 minutes | Tzero www.youtube.com The next 4 weeks or so will likely see the price hit 3400 sats (50% Fibonacci retrace and cloud Edge to Edge move) followed by a very bullish 4130 sat or a retrace to 2670 sat
Long
by blloyd
3