FLMUSDT

Flamingo is positioned for significant growth, as indicated by recent price action characterized by large upward spikes. These spikes suggest strong bullish pressure, indicating that resistance levels are being cleared as sell orders are filled. Once the price begins to rise, it is likely to continue upward without encountering further sell…

The asset is currently trading above resistance levels and shows strong potential for upward movement. The initial bullish signal appeared with a significant candle in late June, followed by a second attempt in early September that further weakened resistance. Currently, the asset is experiencing a daily green candle and is positioned above all…

After a significant increase of 30% for FLM, there is an expectation that FLM may experience another rise, potentially reaching 0.35.

The analysis suggests that FLM is likely to face upward price movement in the near future.

Flamingo shows a notable bearish divergence. The price may be heading towards 0.125. Conduct your own research.

$FLM is currently within a falling wedge pattern. A breakout from the upper line of the wedge could potentially lead to a price increase of over 400%. Conversely, a breakdown from the lower line of the wedge would invalidate this bullish scenario.

The analysis discusses using the asset as a case study for macro forecasts, indicating a lack of interest in taking a long position. It reflects on the potential opportunity to short the asset at a high point. The author expresses a desire to learn from the experience and improve future analyses.

FLM has broken out from a descending resistance and confirmed it as support in a zone where multiple trend lines converge, establishing a strong support area. Holding above this zone could enable the price to rise towards the resistance level of $0.9, with the triangle target around $1.34 and $1.5. A breakdown from the current price could lead to…

The asset has recently broken down from a support zone, but the daily candle has not yet closed, making it premature to draw definitive conclusions. The price has touched a robust ascending support zone, which also aligns with weekly support levels. If the price holds at this support zone and moves upward to break through the descending…