📢 $FLNC / $USDT | 🟢 LONG | ⭐ 75.2%
🎯 Goal: $12.045. Will it achieve it?
🎯 Trading levels:
🟢 Entry: $11.6
🛑 Stop Loss: $11.333
🏁 TP1: $12.045
🏁 TP2: $12.134
🏁 TP3: $12.312
📈 Analysis:
The asset $FLNC shows a consolidated technical structure after the development of double and triple bottom patterns. The confluence between the RSI (relative strength indicator) at 68.53 and the bullish crossover of the MACD (moving average convergence/divergence that measures momentum) favors the buying bias, supported by an ADX of 47.59 which confirms a trend with strength. The alignment of the 20 and 50 EMAs above the current price indicates a bullish market structure in the short term, with a clear buy-absorption zone detected near the main support.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical Confidence: 4/5
The thesis is invalidated if the price breaks through the stop-loss level at $11.333, which would break the confirmed local support structure. We will monitor the price behavior when testing the VAH (value area high of the volume profile) at $12.134 to assess whether the buying flow persists.
Do you think the current volume absorption is enough to break the resistance at $12.22?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #FLNC #trading #Futures #Bullish
🎯 Goal: $12.045. Will it achieve it?
🎯 Trading levels:
🟢 Entry: $11.6
🛑 Stop Loss: $11.333
🏁 TP1: $12.045
🏁 TP2: $12.134
🏁 TP3: $12.312
📈 Analysis:
The asset $FLNC shows a consolidated technical structure after the development of double and triple bottom patterns. The confluence between the RSI (relative strength indicator) at 68.53 and the bullish crossover of the MACD (moving average convergence/divergence that measures momentum) favors the buying bias, supported by an ADX of 47.59 which confirms a trend with strength. The alignment of the 20 and 50 EMAs above the current price indicates a bullish market structure in the short term, with a clear buy-absorption zone detected near the main support.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical Confidence: 4/5
The thesis is invalidated if the price breaks through the stop-loss level at $11.333, which would break the confirmed local support structure. We will monitor the price behavior when testing the VAH (value area high of the volume profile) at $12.134 to assess whether the buying flow persists.
Do you think the current volume absorption is enough to break the resistance at $12.22?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #FLNC #trading #Futures #Bullish
