I HAVE SEEN THIS PATTERN BEFOREBitcoin is forming a head and shoulders pattern on weekly time frame.
The larger the time frame, the more positive probability it is.
But, this will play out when BTC breaks the heavy resistance on it's current price at ($24.4k - ish).
But don't forget to anticipate the consolidation inside the demand and supply zone. Let's just follow and ride the trend.
But over all, $BTC is freaking bullish. Bullish bullish bullish!!
FLUX
✴️ Flux | Potential Correction (Name Your Altcoin #38)Flux is in the middle of a strong bullish wave but at the time we are having some mixed signals.
While we have higher lows we also have lower highs.
The 9-Feb. break below EMA10 was really strong but the overall volume is favoring the bulls...
What to think, what to do?
It is better to focus on what is happening and review the different scenarios rather than to speculate on what will happen.
The action is ongoing here and we don't trade this type of chart, we buy near support/at the bottom and just ride the wave up, no complexities, no stress, no anxiety, just buy and hold.
After EMA300/MA200 were conquered as resistance, these levels are now being tested as support.
This is the range between 0.7236 to 0.7392.
Any trading above these levels and FLUXUSDT can move straight up...
Now, if these levels fail as support we get a correction as shown on the chart below:
The volume is favoring the bulls, so the correction can happen but still end within a higher low.
Namaste.
FLUX CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FLUX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FLUX Halving in 3 days! High potential long-term upside ahead!FLUXUSD's block reward halving ETA date is 04 February 2023, 14:05 UTC
We can see a clear break above the 13 month downtrend line on the daily chart. With FLUX halving now here, it appears the probability of FLUXUSD embarking on it's ascent to new highs and a new price discovery range is very likely. Provided it can challenge and surpass the upcoming resistance levels, turn them to support and stabilize a new uptrend, we could see upside targets (seen in Blue on the price column, eventually achieving more than 1000% gains over the next bullish crypto cycle from where we are now - up to $3, to $5, $10, and beyond is possible.
Flux coin forming bullish Gartley for upto 35.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Flux coin with Bitcoin pair.
Recently we caught more than 80% pump of FLUX as below:
Now on a 2-hr time frame, FLUX is completing the final leg of a bullish Gartley move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FLUX's rally, what's coming next?FLUX was consolidating for a while and then finally pumped up.
It stopped after it moved out of the upper Bollinger band, made 55%, and got rejected back to the support level for consolidation.
There are three support levels on the way down, and the middle Bollinger band is also considered strong support at this point.
There is one resistance for now which I've shown on the chart; watch out for that.
Do you agree with this chart? Let me know if you do, and if not, challenge it.
Thank you for your time; I hope this was helpful.
FLUX projected PTFLUX projected price target (PT). This target is a rough guess and based only on the Lord Skin's Formula so should not be taken as financial or investment advice.
as a matter of fact,
The content provided by Lord Skin and Big Juicy Cryp’s does not include financial or Crypto advice, guidance or recommendations to take, or not to take, any trades, investments or decisions in relation to any matter. The content provided is impersonal and not adapted to any specific client, trader, or business, therefore Big Juicy Cryp’s recommends that you seek professional, financial advice before making any decisions. Trading takes dedication and commitment, success does not happen over night. Results are not guaranteed and may vary from person to person. There are inherent risks involved with trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is solely at your own risk, you assume full responsibility.
Flux coin forming bullish a BAT for upto 15.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Flux coin with Bitcoin pair.
Previously we caught more nice trade of FLUX as below:
Now on a 4-hr time frame, FLUX is about to complete a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Why I took a 2x Trade on $ETH to 1450When all your signals line up in a systematic quant world, you take the trade as the statistics tell you to on ETH/USD $ETH. We have a few beautiful bottom signals that confirmed last week, with FloFi X, and Flux both firing quick bottoms that sometimes will act as springs to the nearest resistance/liquidity level. Willing to lose 16% on this trade based on the past results, with a 60% upside. Onward and Upward!
Trading opportunity for FLUXUSDTBased on technical factors there is a Long position in :
📊 FLUXUSDT
🔵 Long Now or by analysis
🧯 Stop loss 0.675
🏹 Target 1 0.793
🏹 Target 2 0.910
🏹 Target 3 1.100
💸RISK : 1%
We hope it is profitable for you ❤️
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Flux 1h perpSetup: Flux is at its all time low, constantly breaking down and forming new lows. In this risk-off environment, altcoins are likely going to trend even lower, making this an ideal trade to ride the downward trend
Entry: 0.9266
SL: Trail using SAR or 1 ATR above 9 EMA
TP: Trail using SAR or 1 ATR above 9 EMA
Cup and handle on fluxHi guys!
I see a cup and handle pattern forming out in the chart of flux, and if we take that it will become the most profitable alternative for miners to mine, besides the continuous development of the flux ecosystem, I think there is a significant chance for flux to reach higher levels in this year, and maybe make it to another ATH in the next months.
Not financial advice, just my opinion. DYOR!
Flux Coin about to complete bullish Gartley for upto 25.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Flux coin with Bitcoin pair.
Previously we caught a nice pump of FLUX in below setup:
Now on a 4-hour time frame, Flux has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade