✴️ Flux [NYA]

٨ أغسطس ٢٠٢٣

This is great. I saw this one last with great potential on it last month.

In this chart we have a new year+ low but the current price trades above it.
FLUXUSDT is also trading above its June 2022 low, which is really good.

If it takes off here you might be looking at a bottom catch.

As long as this pair trades above 0.365 it has a very strong bullish bias.
For a trader, this would be a very low risk setup if you use the above mentioned number as the stop, with a great potential for reward, we are looking at 279% but it can be more.

The chart always has many patterns we can look at and one pattern using one system correlates with another pattern in a different system, so you can find tons of signals to support your bias on the same chart. This is mostly irrelevant, the market moves in cycles and within these cycles we have waves... That's all that matters.

If we enter a new bullish wave, it will go up regardless of the indicators, the volume, the candles, the chart.

If the bullish wave is delayed, you either get more consolidation or a bearish continuation.

Since my believe is that a bullish wave is now taking form, we can expect Flux to go up.

We use this information only as an adjunct to a system we must have and develop before buying any coins.

This is not financial advice.
The charts can always change.

I see it going up.

Namaste.