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Floki

Small Backtest And a Few Price Development Scenarios FLOKI/USDTFloki to me is a combination of speculation and project on a fundamental basis. I've owned Floki for a long time. If you have to believe Social Media, every Memecoin is worth gold. Never buy any coin without analysis. A YouTuber promoting a coin is not an analysis. Now that Floki is finally showing some data on Tradingview, it's time for an analysis Fundamental and general analysis After last month's rally, Floki is consolidating. This is a good sign for me to generate a zone of liquidity for the future. I focus more on a rising price over the longer term, because: -Crypto, in general, shows a rising price (bullish) -The team behind Floki is working on a mega marketing campaign around the world. In December it's America's turn -Big names (Tyson Fury) promote FLOKI I also think it's important to also look at the critical side: - Manipulation is common with relatively low market cap coins. (currently around 2-3Billion) - The project is largely based on a meme which also increases the volatility. - If cryptos like Bitcoin and Ethereum fall in price, it often correlates to other currencies. The project can have so much potential but still drops in price (temporarily). Technical analysis - Currently, Floki is consolidating between 0.00022 - 0.00029. Wait for an outbreak and more confirmations (retest, fib levels, price action) before going long or short. - If the price breaks through resistance from support it's probably manipulation. keep an eye on the larger timeframes (preferably the daily). 0.00032-0.00036 is an area where you can expect resistance. (.61-.81 Fibonacci level) - Conversely, panic can be caused by the price breaking through the support. I'm keeping an eye on 0.000125 - 0.000160 to buy at a potential discountarea. Again, other confirmations are important here - In the most positive scenario, I have 0.0005 - 0.0006 zone in mind as the next price target to take partial profits (50% increase since last high.) Important - So at the moment I am neutral on price expectations and waiting for new data to go long or short - Always do your own analysis and don't risk more than you can lose. My opinion of Floki is not financial advice
by MerijnTrades
FLOKI/USD - Last BUY opportunity before PUMP? 😍Seems to me that FLOKI is preparing for another explosion in the future. We have consolidated in this area for some time and any buys above $0.00020 seem like a good entry in anticipation for a breakout. It's unlikely FLOKI will go lower than support unless the overall market takes a downturn (unlikely). As such, aim to enter either at support or during a breakout as FLOKI may attempt another rally soon. If not, it will just consolidate longer until the eventual pump happens. Bias favors the bulls once more. Like and follow if you liked my idea!
Long
by DU09
3
$FLOKIUSDT Cypher PatternFloki Inu Coin Price & Market Data Floki Inu price today is $0.00023525 with a 24-hour trading volume of $34,127,064. FLOKI price is down -8.9% in the last 24 hours. It has a circulating supply of 0 FLOKI coins and a total supply of 10 Trillion. If you are looking to buy or sell Floki Inu, PancakeSwap (v2) is currently the most active exchange. Floki is the name Elon Musk wishes to give to his future pet Shiba. Floki Inu has a token burn of 1% each transaction, transaction fees of 5%, and a transaction redistribution to holders of 5%.
Long
by BADQOMOCAWGOWLD
1
Elon Musk loves $FLOKIHello cryptofolks In the previous analysis we talked about a crypto message from Elon Musk that we thought could be referred to $FLOKI Yesterday we had the confirmation after the newest Elons Tweet where posted a meme that showing a Viking navy on the moon... Flokiarmy are known as Viking army So this tweet and behind the scenes support from Elon Musk is Bullish Let's go now to Technical Analysis 4h TF is actually works as bigger time frame as the asset is still so fresh So we will base our macro analysis on this TF for now Technical indicators MACD: Golden cross confirmation, histogram reversal green very Bullish RSI: resistance breaked, so much rooms still to overbought zone that makes is so strong and Bullish On the chart you find Fibonacci levels you can use em as targets/supports And also so many great news for Floki Inu that is far more than a memecoin, it's literally an utility in the Gaming cyber space Rumors about listing on Coinbase and Bybit All this indicators and signals make me be bullish on Floki Inu I think best strategy for now is buy and hodl Who knows maybe it will be the next Shiba inu Not financial advice always do your own research (lol) -Goodluck
Long
by BizzarTrading
2
BE PATIENT TO BE BULLISH AGAIN✅PREVIOUSLY ON FLOKI After 0.000095, we were on the corrective waves and waiting for the impulse. ✅ WHERE WE ARE 0.0003196 can be numbered 3. Fib 38.2 and Fib 61.8 are normally important levels. Being bullish at Fib38.2(0.00021704) was ok. However, 0.00017046 could be A. If so, 0.00017046 would be broken. It would be the good opportunity around Fib61.8(0.00015367) to be bullish again IF 0.00017046 is broken. *As long as 0.0003196 remains unbroken, this idea is valid. 💡The absolute principle for trading💡 BUY - as low as possible SELL - as high as possible PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
by waveslover
4
Floki & Bitcoin Chart Correlation on Different Time Frames POLONIEX:FLOKIUSDT BINANCE:BTCUSDT As you can see Floki 1H price action during past week is very similar to Bitcoin 1D price action during past year. So, the short term floki price action might be an interesting indicator for long term Bitcoin price action. P.S: You can also do this fractal for some of top memcoins such as Doge, Shiba, Kishu and Akita (especially in the past month's meme season and you can see that Floki will probably do another 300% in a couple of weeks accordingly and if this is right so we can expect Bitcoin price to be around 240k by January 2024.
by Monsieurtr