FLRUSD | Long Bias | Real-World Oracle Utility + Breakout Setup | (May 5, 2025)
1️⃣ Insight Summary
Flare (FLR) is showing strong fundamentals and technical momentum. It's building real-world utility through decentralized data access, and price action is hinting at a breakout from a triangle structure.
2️⃣ Trade Parameters
Bias: Long
Entry: Current zone (price has retested support, showing strength)
Stop Loss: 0.01365
TP1: 0.028
TP2: 0.032
TP3: 0.047
Partial Exits: Consider trimming into strength if price accelerates after breaking triangle resistance
3️⃣ Key Notes
✅ Flare is a Layer 1 blockchain focused on decentralized oracles—solving the “real world data to smart contracts” problem
✅ Unique protocols: Time Series Oracles and State Connector
✅ Strong partners: Google Cloud, Ankr, Blockdaemon, Hugo Philion (CEO), and Sean Rowan
✅ Competing with big names like Chainlink and Band Protocol
❌ Competition and market volatility are key risks
✅ Currently listed on Kraken, Bitvavo, BTC Turk
✅ Recent price action shows heavy spot buying near support—bullish signal
✅ Watching for a move above 0.0157 liquidity area to unlock higher targets
✅ Triangle pattern forming—potential breakout zone aligning with money flow strength
4️⃣ Follow-up Note
I’ll update this idea as price approaches the breakout level or if there's a structural shift. Keeping a close eye on spot buying and volume confirmation.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Insight Summary
Flare (FLR) is showing strong fundamentals and technical momentum. It's building real-world utility through decentralized data access, and price action is hinting at a breakout from a triangle structure.
2️⃣ Trade Parameters
Bias: Long
Entry: Current zone (price has retested support, showing strength)
Stop Loss: 0.01365
TP1: 0.028
TP2: 0.032
TP3: 0.047
Partial Exits: Consider trimming into strength if price accelerates after breaking triangle resistance
3️⃣ Key Notes
✅ Flare is a Layer 1 blockchain focused on decentralized oracles—solving the “real world data to smart contracts” problem
✅ Unique protocols: Time Series Oracles and State Connector
✅ Strong partners: Google Cloud, Ankr, Blockdaemon, Hugo Philion (CEO), and Sean Rowan
✅ Competing with big names like Chainlink and Band Protocol
❌ Competition and market volatility are key risks
✅ Currently listed on Kraken, Bitvavo, BTC Turk
✅ Recent price action shows heavy spot buying near support—bullish signal
✅ Watching for a move above 0.0157 liquidity area to unlock higher targets
✅ Triangle pattern forming—potential breakout zone aligning with money flow strength
4️⃣ Follow-up Note
I’ll update this idea as price approaches the breakout level or if there's a structural shift. Keeping a close eye on spot buying and volume confirmation.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
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.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
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.