While we've been looking at quite a few strong pairs lately, Floki Inu seems to be even stronger than all these, why? based on what? Join me and you'll see...
Floki Inu (FLOKIUSDT) Daily Timeframe
Bottom happened June 2022, so more than a year of higher highs and higher lows, it isn't over. The initial bullish wave from bottom to top produced a massive 1,315% and the correction, here marked with a giant falling wedge consolidation, kept the pair strong.
The next high seems to be aiming at 0.000120 or a bit over 400% (4X) from the current price, that's the potential for mid-term growth.
Some people are talking about "new All-Time Highs" and "bull-run"... No such thing, we don't need a strong bull market to see prices increase.
The market is always fluctuating between bullish and bearish waves. Since we are in a bullish phase, the bearish waves are the corrections while the advances are the bullish waves.
We will see new highs all across and we are more than happy with this. Now, in 2024 and 2025 we will see many new All-Time Highs but we can't wait that long, we have to ride each wave or else it would be too long, the wait.
While the bigger picture is the goal, we have to go step by step to reach our goals.
We go up then down, then we enter the phase where we will experience new All-Time Highs and the famous and much anticipated bull-market bull-run, but opportunities are available at all times, it is wise to learn to play those.
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