Made by whymepls #FLM 12H
Cryptovizor data: TREND 🔴🔴🟢🟢🔴 MA 🔴 RSI 🟡 20.05.2023
Volume 1D 387.56 K CD Week -330.9 K
Flamingo, an all-encompassing DeFi platform, is based on the Neo blockchain.
On the 12-hour chart, the asset is under the MA50/MA200, suggesting long positions aren't advisable at this moment. Despite reaching a support level and forming a bullish divergence, a possible bounce is being seen. However, with daily volume of less than 1 million on the spot market, the risk of slippage is increased.
I've set an alert at $0.09, and I'm keeping an eye out for a volume spike, which could indicate a suitable entry point for a short position.
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