This is another secret gem coin that could do very well over time. We formed giant bottom on the daily chart. Great setup to enter the trade but Btc must remain stable(no big crashes) for few weeks (31k-42k range is ideal)...
Pros
*All inclusive full-stack decentralized finance protocol
*Very good staking rewards and high yield returns. Currently ~%70 yearly.
*supported by the big exchanges like Binance and OKEx.
*Fair launch ! No presale, pre-mint or team distribution.
*Great professional roadmap
*Total current market cap: 22,5 million usd . Lotsss of room to grow !!! Compared to bitcoin's at 653 billion usd and ether's 125 B usd market cap this number is just a tiny dust .
Cons
* relatively new coin. Still need to prove itself on the open market.
Not an investment idea!! Only my personal pick!
Pros
*All inclusive full-stack decentralized finance protocol
*Very good staking rewards and high yield returns. Currently ~%70 yearly.
*supported by the big exchanges like Binance and OKEx.
*Fair launch ! No presale, pre-mint or team distribution.
*Great professional roadmap
*Total current market cap: 22,5 million usd . Lotsss of room to grow !!! Compared to bitcoin's at 653 billion usd and ether's 125 B usd market cap this number is just a tiny dust .
Cons
* relatively new coin. Still need to prove itself on the open market.
Not an investment idea!! Only my personal pick!
Note
Btc still not quite stable . Some traders still worried about it. Completely normal feeling. This is exactly why people could not invest btc when it was $3000 back in 2020.My personal opinion everything seems to be just fine. I believe we should have another attempt to 42k just to make sure that is very top. If we break 42k for bitcoin , 50k attempt may happen without hesitation since local correction may be competed.For Flamingo coin 0.14 usd seems to be established base line. Price action does not want to go below that point. As soon as it goes under , buys kicks in fast. This means we have some buyers hiding at that region for the moment. If 0.14 holds on daily close , this plan may work very well . %25-%100 profit in near term is possible..
Note
This idea so far going 100 % on track .We are at 0.195 range approaching 0.2 fast . This is roughly 40% profit already from the bottom 0.14 range. It looks like this rally just starting to heat up :) If we can break 0.2 range target is clearly 0.25 range then perhaps quick push to 0.3... Currently giant double formation on the daily chart targeting $0.3usd. Let hope for stable Btc next few days..Note
we just broke 0.20 usd !!! ALt coin season finally arrived!!! Anything crazy can happen now...Trade closed: target reached
Another successful prediction!!!Note
I quit a bit early but I am proud that we completed the pattern %100 accuracy. One could not guess any better. If you did take this trade another %100 + profit.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.