Long $FLM Trading Plan
Timeframe: 1H (Short-term strategy)
Hashtags: #NTC #NTCcapital
🔹 Entry Zone (Buy-in):
Safe entry: On a confirmed retest and hold above $0.0360 – $0.0370 (support formed from previous resistance).
Aggressive entry: Current price zone $0.0380 – $0.0385, but wait for confirmation candle to avoid a bull trap.
🔹 Stop-Loss:
Below recent swing low: $0.0340
Or more conservatively below $0.0310 (the most recent bottom).
🔹 Take-Profit Targets:
TP1: $0.0400
TP2: $0.0430
TP3: $0.0455 (previous high area)
🔹 Risk Management:
Use 2-4% of your capital depending on your risk tolerance.
Consider scaling in and out of the trade to manage volatility.
🔹 Technical Confirmation:
Monitor volume – continuation requires consistent buyer volume.
Use RSI or MACD to detect overbought or divergence signals.
Caution: The price has already made a sharp move; look out for exhaustion signs or fake breakouts.
Timeframe: 1H (Short-term strategy)
Hashtags: #NTC #NTCcapital
🔹 Entry Zone (Buy-in):
Safe entry: On a confirmed retest and hold above $0.0360 – $0.0370 (support formed from previous resistance).
Aggressive entry: Current price zone $0.0380 – $0.0385, but wait for confirmation candle to avoid a bull trap.
🔹 Stop-Loss:
Below recent swing low: $0.0340
Or more conservatively below $0.0310 (the most recent bottom).
🔹 Take-Profit Targets:
TP1: $0.0400
TP2: $0.0430
TP3: $0.0455 (previous high area)
🔹 Risk Management:
Use 2-4% of your capital depending on your risk tolerance.
Consider scaling in and out of the trade to manage volatility.
🔹 Technical Confirmation:
Monitor volume – continuation requires consistent buyer volume.
Use RSI or MACD to detect overbought or divergence signals.
Caution: The price has already made a sharp move; look out for exhaustion signs or fake breakouts.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
FLM
0.0308
-2.53%
