Despite bearish market conditions FLUX has held its bullish structure on the daily TF, FLUX is a web 3.0 coin with big potential in 2022.
From a technical perspective on the 1D TF market has retraced to the 0.618 fib in confluence with previous swing high giving us a nice level of support at the current price and the possibility of forming a new swing low here. For entry confirmations i am waiting to see a 4H higher high close back above the identified area before we can POTENTIALLY enter a long position.
From a technical perspective on the 1D TF market has retraced to the 0.618 fib in confluence with previous swing high giving us a nice level of support at the current price and the possibility of forming a new swing low here. For entry confirmations i am waiting to see a 4H higher high close back above the identified area before we can POTENTIALLY enter a long position.
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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.