FLRUSD | Long Bias | Real-World Oracle Utility | (May 5, 2025)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 struct
FLR / USDT Current OutlookSo this is a Crypto that is still at great price. It hasn't broken out of the down trend just yet but it's knocking at the door now. Once we get above the prices I have set on this chart. I feel we signal a bottom and start breaking zones to the upside. It's one to keep an eye on. It has a lot of de
Don't miss thisAfter the entry point that I gave, you can see how much profit it gave, I hope you didn't miss😉it
Short position:📉
I'm not talking about shorts, our trend is rising, all I can say is that below the support of 0.1939, you can open a short position, but I wouldn't open it myself.
For long positio
Flare (FLR)Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers secure decentralized access to high-integrity data from other chains and the internet. Anyway, it is evident that Flare was moving down in a descending triangle pattern. After, FLR broke the descending triangle
Comprehensive analysis of FLR
Cycles
HWC = falling trend
MWC = downtrend with weakness
LWC= no trend
Because our MWC is weak, we can look for a long position
And since our HWC is bearish, we can also look for short positions
lWC has no effect either
Only our risk management and the way we set stop loss should be different
Flare Crypto Currency to buy. Long-term investmentFlare Crypto Currency is a long-term investment now that the strong monthly demand level at 0.0119 took control. Expecting a decent rally from this demand level.
Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers decentralized access to high-integrity data from
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.