Flamingo (FLM) Stable Ascending Channel As Consolidation (125%+)

17 Mar 2021

We have only seen slow and steady growth, or "bullish consolidation", take place for FLMBTC (Flamingo) since our trade idea on March 3, see it below:

But, what does it mean?

On this chart, the bullish consolidation is marked with an ascending channel.

We can see prices trading above EMA50 and EMA10.

Today we have a strong green candle with the bears losing control... The bulls now have the upper hand, strong RSI and MACD, FLMBTC is about to grow.

The next target is mapped on the chart.
These "targets" are for reference only...
Remember to do your own research before buying into any trade.

Thanks a lot for reading.
This is not financial advice.

Namaste.