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VargVemund

FLM breaking ascending trendline - breakout?

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FLM / Bitcoin (BINANCE:FLMBTC)  
VargVemund  
BINANCE:FLMBTC   FLM / Bitcoin
Trend Analysis FLM FLMBTC flamingo
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trendanalysis flm flmbtc flamingo
As we saw FLM broke down on the support-trendline that became a resistance-trendline instead.

Now it broke up, possibly establishing this as a support-trendline again.

If this support trendline holds it's a good probability FLM will break recent resistance-levels in the ascending triangle.

If recent resistance then holds as support it's likely FLM will rise against BTC.

Keep in mind FLM is still dilluted with new tokens every day from staking.
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