#FLM HAS COMPLETED ITS RETRACEMENT BELOW ITS MAJOR SUPPORT (TOOK A TOTAL OF 42.82% PROFIT ON SHORTS!)
If you're looking for an in-depth analysis of FLM, then, you're in the right place.
Here's why.
FLM has now moved from testing its minor resistances at 0.061-0.065 to the lower levels of 0.049-0.052. This move alone, provided us 3 opportunities for a short trade. Using the Fibonacci tool, we were able to get a vision on where the market will take us. 0.0491 key level has provided further proof on how strong the hold for FLM has on this zone. Since we already have the vision that the 0.0392, 0.0453 and 0.0491 will have the highest volume of buy orders and 0.0597 & 0.0652 will have the highest volume of sell orders. We are confident as to where to put the buy and sell orders. Right now, we are awaiting FLM's strong test on these minor resistances until it breaks for it to go back to the previous major support it held since 2022.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
