$FLOKI buy zone to refill your bag.
Updated
FFLOKI, like other altcoins, is suffering from the recent 
BTC pullback.
However, the downtrend does not last forever, and we are close to the bottom.
FFLOKI has failed three times to break the resistance around 0.00015. The best entry point is around 0.00013, which guarantees a trade with a +10% gain without leverage on the next pump.
It might be a scalp trade since these meme coins are very volatile. Do not hold them too long, or you might lose your gains in a pullback. Unless you are a long-term holder, buy in my green box, sell at the next top, and repeat.
Overall, in the long term, I believe that FFLOKI is one of the best and most solid meme projects out there. However, as with all meme coins, it is a bit useless and might disappear in the years to come when people get tired of memes.
Always do your own research (DYOR). This is my own analysis, and I'm just sharing what I see in the charts.
BTC pullback.However, the downtrend does not last forever, and we are close to the bottom.
FFLOKI has failed three times to break the resistance around 0.00015. The best entry point is around 0.00013, which guarantees a trade with a +10% gain without leverage on the next pump.
It might be a scalp trade since these meme coins are very volatile. Do not hold them too long, or you might lose your gains in a pullback. Unless you are a long-term holder, buy in my green box, sell at the next top, and repeat.
Overall, in the long term, I believe that FFLOKI is one of the best and most solid meme projects out there. However, as with all meme coins, it is a bit useless and might disappear in the years to come when people get tired of memes.
Always do your own research (DYOR). This is my own analysis, and I'm just sharing what I see in the charts.
Comment
The market was globally pumped by the white swan even of Trump become officially a new Marvel superhero.In consequence, FFLOKI pumped with the rest of the market. This is a good sign, that Bullish momentum is still here.
Now is it a bull trap, or are we out of the
BTC bearish correction? Honestly nobody can say atm. We need to calm, see what the traditional market will do and then assess the situation.We are not going to an ATH this week, we have the time to not jump with the herd and get rekt.
The bearish pennant has been broken to the upside, that is a good sign. Where are we going from here? I am waiting more info to decide if the box need to be moved up or if we will have a correction that will offer us a good entry within the buy green box.
Comment
Since we have a pull back, it give us the opportunity to accumulate again for the upcoming alt season (September/October 2024)I have updated my buy zone to the new market conditions.
Trade closed: target reached
We are back in the buy zone. Time to consider refilling our bags. Another idea that worked.
Comment
I hope that you refilled your bag. Time to go long but, carefullm BTC is not out of trouble and another dump is possible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.