Flamingo FLM Coin price Prediction (New Levels).steemCreated with Sketch.

in flamingo •  2 years ago 

Let's start this by looking at the weekly chart right here and you can see this coin is trading in a downtrend you can see a downward sloping channel right here a kind of triangle pattern and right now i can see this candle is picking up a momentum here on the

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weekly let's analyze this on the daily chart and you can see this spike down that's a concerning sign to me because we can see this is a resistance level and this is a clear-cut resistance you can see lots of support was here

support support support it broke down it became resistance it became resistance again and the price is trading again right here at around 30 and 35 cents region so that's not a good place to buy this coin right here i know lots of i know lots of people

will be jumping right here but this is not the right place to buy this coin you guys need to wait for a bit and for this if we go to the 4r chart and let's analyze the dip entry right here you obviously you do not want to buy this coin at the top so the tip entry

according to me will come right here at around 17 and 18 cents region you can see and i support support support and resistance you can see all the way this is a nice level so if you guys stick along somewhere here your take profit should be at the highs not a financial

advice but if you take a long care your take profit should be at the highs and that will give you around 69 games here and if this price doesn't hold this level and crashes down further right here at around 16 uh 10 cents region you can see nice support area here here

here as well and here will be a nice bounce from here in my opinion and if you take along here your take profit should be at the next resistance and that's again about 58 percent gains here or you can take the profit to the next highest resistance and that will

gain you around 187 games here so on flamingo flm coin you have two dip scenarios with three targets .

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