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FLRUSDT Perpetual Contract

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FLRUSDT.P trade ideas

FLR/USDT bullish momentum from demand? 👀🚀FLR Today Analysis💎 Paradisers, observe the latest developments in #FLRUSDT, signaling a strong chance for a bullish trajectory from its demand zone. 💎 Recently, #Flare faced a setback at a supply zone but has been effectively adhering to a descending trendline. If it maintains momentum above the key demand level at $0.01598, we're likely to see a strategic climb towards challenging a significant supply zone. 💎 Beyond its market movements, the token's fundamentals are robust – #Flr, being an EVM-based layer 1, aims to revolutionize blockchain utility by providing developers decentralized access to high-integrity data from various chains and the internet, underscoring the project's solid reality. 💎 The dynamic and unpredictable nature of the crypto market necessitates a strategy that's equally fluid and responsive. Should #FLARE encounter resistance in securing its position within this essential demand zone, a swift and well-thought-out strategic shift might become crucial. 💎 In such a scenario, Plan B comes into play, focusing on triggering a bullish run from a lower, yet strategic demand level at $0.01381. This level will be pivotal, as breaching it could potentially indicate the onset of a bearish phase in the #flr market narrative. 🌴💰
Long
by MyCryptoParadise
Flare Signals Green: Buy Now, Thank Me Later!"## Brief overview of Flare Network Flare Network is a layer-1 blockchain network that aims to enable interoperability between different blockchains. It is built on the Flare Consensus Protocol, which is a combination of the Ethereum Virtual Machine (EVM) and a delegated proof-of-stake (DPoS) consensus mechanism. This allows Flare Network to support a wide range of decentralized applications (DApps) and tokens, including those from other blockchains such as Bitcoin, Ethereum, and XRP. ## Recent news * **Flare Network mainnet launched in December 2023.** The mainnet launch was a major milestone for the Flare Network project, as it marked the official arrival of the network and its ability to support live applications. * **Flare Network introduces F-Assets.** F-Assets are a type of token on Flare Network that represent assets from other blockchains. This allows users to hold and trade assets from different blockchains on the Flare Network, without having to worry about the complexities of cross-chain transactions. * **Flare Network partners with XRP Ledger to enable interoperability.** The Flare Network has partnered with the XRP Ledger to enable interoperability between the two networks. This means that XRP tokens can be seamlessly transferred to and from the Flare Network, and XRP-based DApps can be deployed on the Flare Network. ## Disclaimer I am not able to provide financial advice. Please do your own research before making any investment decisions.
Long
by MoonTradingForecast
Long FLRFlare’s price has been holding above the .618 fib level for a sustained period of time, which indicates a strong level of support. Additionally, we have seen a bullish confirmation on the 12-hour timeframe, which suggests that the trend is likely to continue upwards. With a lucrative risk to reward ratio, it appears that now is an opportune time to long. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
4
Long FLRFLR exhibits a bullish technical setup with a higher low and strong bullish divergence on the chart. It’s currently testing support at the .618 Fibonacci retracement level on the larger time frames, suggesting a potential bottom formation. With these favorable indicators in place, I anticipate a strong upswing towards the 1.618 Fibonacci level as a potential profit-taking zone. This could mark the initiation of a new bullish wave (Wave 3). This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
5