Is #FLOKI Poised for a Major Breakout or a Steep Decline? Yello Paradisers! Are you ready for what could be a game-changing move in #FLOKI? Let's dive into the latest analysis of #FLOKI and see what’s in store!
💎#FLOKIUSDT is currently showing strong potential for a bullish continuation from a critical demand zone at $0.00014291. We’ve been closely monitoring #FLOKI as it follows a falling wedge pattern, and after a perfect breakout, it has successfully completed a retest of the descending resistance line. The next key target for #FLOKI is the internal minor resistance at $0.00022635.
💎If #FLOKI holds firm at this level, we could be on the brink of a significant bullish rally, reminiscent of previous market moves. A breakout above the crucial resistance at $0.00022635 could pave the way for a push towards higher resistance zones, potentially taking us even further.
💎However, caution is crucial here. If momentum weakens at this critical demand zone, we could see a pullback to the lower demand area around $0.00013756 - $0.00012811.
💎Stay vigilant and keep a close watch on #FLOKI price action. A daily close below this demand area could invalidate the bullish scenario and open the door to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
Floki
Alikze »» WIF | Ascending wave 5🔍 Technical analysis: Ascending wave 5
- According to the analysis presented in the 12H time frame in the previous post , after not being able to break the supply zone, it followed a downward trend with a zigzag correction to the green box.
- But currently it is moving in a downward channel in the daily time frame, which after creating a demand in the green box range, has now faced a zigzag correction after an upward wave.
- Therefore, in the lower time frames, I expect a growth in the form of wave C to the ceiling of the channel after the break in the middle of the channel.
- According to the movement structure, this complicated zigzag corrective wave 4 seems to have ended.
- Therefore, if there is no stabilization under the green box area, we should see the channel failure.
💎 Also, corrective wave 4 should not overlap in the 0.53 cents area, in which case the bullish scenario will be invalidated.
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MEXC:WIFUSDT
FLOKI On the Edge of a Major Breakout | Key Levels to WatchYello, Paradisers! Is #FLOKIUSDT about to unleash a bullish rally? Let's look at the latest analysis of #Floki and see what's the probability of a breakout:
💎 SEED_DONKEYDAN_MARKET_CAP:FLOKI is currently showing signs of a bullish continuation from a critical support zone at $0.000125. We've been tracking #FLOKIUSDT as it navigates a Descending Broadening Wedge pattern, and now it's attempting to break above the descending resistance line.
💎If #FLOKI holds strong at this level, we could be on the brink of a significant bullish rally, mirroring previous trends. A breakout above the key resistance zone at $0.000126-$0.000137 could pave the way for a run toward the next resistance levels and beyond.
💎However, caution is crucial. If momentum weakens at this critical support, we might see a rebound from the lower demand area around $0.000096.
💎A daily close below the demand area could invalidate the bullish scenario and signal further declines.
Stay vigilant, Paradisers, and keep a close eye on FLOKI's price action.
MyCryptoParadise
iFeel the success🌴
Alikze »» Doge | Bullish Flag🔍 Technical analysis: Horizontal Flag
- According to the presented analysis , after growing up to the supply zone and not failing, the zone faced correction.
- Currently, it is moving in a descending channel at the time of 8H.
- In the recent correction, after creating demand in the bottom area of the channel, it is moving sideways in the middle of the channel.
- A bullish sideways flag pattern is now formed.
- According to the volumes created in the middle of the channel, it can continue its growth up to the ceiling of the descending channel.
💎 Alternative scenario : In addition, if the Fibo 100 zone breaks again, it can continue the correction until the origin of the movement.
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BINANCE:DOGEUSDT
Alikze »» WIF | Ready to break supply areaIt has been moving in an upward channel at 12h and daily.
💎 Currently, after exiting this ascending channel, it has been suffering for some time in the range of the green box and the supply zone.
Considering the density in the trading range, I expect it to enter the ascending channel again after breaking the supply zone.
💎 If the supply zone is broken, it can touch the specified targets and the middle of the channel and then the next supply zone.
💎 Alternative scenario: If the green box area breaks, it can continue correction until 1.96.
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$FLOKI buy zone to refill your bag.SEED_DONKEYDAN_MARKET_CAP:FLOKI , like other altcoins, is suffering from the recent CRYPTOCAP:BTC pullback.
However, the downtrend does not last forever, and we are close to the bottom.
SEED_DONKEYDAN_MARKET_CAP:FLOKI 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 SEED_DONKEYDAN_MARKET_CAP:FLOKI 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.
$FLOKI recovery trading planSEED_DONKEYDAN_MARKET_CAP:FLOKI , like all altcoins, was hammered when CRYPTOCAP:BTC had its -20% correction. But now it shows all the signs of recovering.
- The CRYPTOCAP:BTC correction seems to be over.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI has just launched a trading bot that is burning tokens every day.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI is on BNB and ETH chains, and will benefit from the ETH ETF cash inflow.
- The SEED_DONKEYDAN_MARKET_CAP:FLOKI team is the same as the $TOKEN (Tokenfi) project and Valhalla metaverse, so it is not just a meme coin that can rug you, It also has a stacking system that is working.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI is listed on all major exchanges (except Coinbase).
- SEED_DONKEYDAN_MARKET_CAP:FLOKI has all its tokens unlocked and has deflationary tokenomics. Already, 40% of the supply has been burned, locked in a public address.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI has an active community of holders. Check Telegram; it is not fake.
**Conclusion:** This project is safe, has an ecosystem, a true community, has existed for three years, and will perform very well this bull run. The risk/reward is high, considering that it is a meme coin that can do 50% in a month, but it also has a solid team with a proven track record to support the project.
**What is the situation?**
After a massive pump, SEED_DONKEYDAN_MARKET_CAP:FLOKI was destroyed by the CRYPTOCAP:BTC correction and is now recovering.
- The MACD is soon having a signal cross on the 1D timeframe, indicating a long bullish phase is coming.
- The RSI is in oversold territory, indicating that investors are likely to buy more.
- TOTAL2 is in the same situation, indicating a bounce for altcoins.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI is in a raising trend, the long term is bullish, it is one of the rare coins safe to hold until the end of this bull run.
** Compare with others **
- $SHIBA: Already overvalued. Its capacity to rise is limited, and given the competition, it is even possible that it will lose market share to others and drop.
- CRYPTOCAP:DOGE : It has the support of Elon Musk, but like XRP and MATIC, it is a heavy truck that doesn't move much except for rare pumps. Not really a meme.
- SEED_DONKEYDAN_MARKET_CAP:BONK : This coin suffers from a lot of competition. Being on the CRYPTOCAP:SOL chain only is hard because of the heavy competition. It is on all exchanges, so it is still strong, but what about its future? It is a new coin, and most memes are launched on $SOL. Their stacking does not show any APR%? Red flag for me. Community is fake, check TG, only bots there.
- CRYPTOCAP:WIF : Manipulated coin. Check the website and the tokenomics; it will die before the end of this cycle if nothing changes.
- CRYPTOCAP:PEPE : Copyright infringement. Overvalued and at risk of disappearing if the author sends a DMCA notice to exchanges. I do not gamble my money with this coin.
- $BRETT: Supported by a lot of influencers at the moment. Attempting to be a legal CRYPTOCAP:PEPE by changing the color. Copyright is still infringed. Also, it is on Base. Will not last if Base doesn't last. Risky.
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If nothing major happens to CRYPTOCAP:BTC (such as a huge dump resulting in a flash drop to 50k), we are set for a massive leg up.
TPs are the Fibonacci levels, you can read them on the chart.
DYOR. Nothing is certain with crypto, so be careful when investing.
Meme Coins: What’s Behind the Curtains ?Have you ever wondered how meme coins keep pumping? Are people really getting rich from them?
How the Pumps are Made ?
Step 1: Establishing Credibility
First, the creators spend significant investment capital to demonstrate good credibility. This ensures that the strongest platforms list them. During the Initial Public Offering (IPO), coins are sold massively to investors. However, as their is no more buyers, prices begin to decline.
Step 2: Accumulation Phase
Next, the coin enters an accumulation phase where big whales start buying from bored speculators at the lowest prices. The whales objective during this phase is to accumulate the maximum quantities for the lowest price possible. The long accumulation time will breakdown the enthusiasm of the speculators , selling their coins for a loss or no profits.
Step 3: Controlling Supply and Demand
When accumulation reaches its peak, the whales start withdrawing their coins from the platform, leaving the market with small quantities. They then inject a significant amount of capital, such as $1 million, causing the price to take off.
Step 4: Advertising
Following this, the coin creators and whales invest heavily in advertising , attracting a big community and more investors. This new crowd keeps injecting liquidity into the pumps, leading to noticeable price increases.
Getting Rich Quick?
Can you get rich quick from meme coins? The reality is nuanced. Even if speculators buy at the bottom, their investments are often too low, leading them to sell at modest gains during the pumps. On the other hand, people who buy after a 1000% increase are typically looking for substantial returns. However, their small capital makes even a 5x return seem insufficient.
The meme coin trend is aggressive and driven by a powerful crowd. While investing in these coins can bring profits, it’s essential to remember that you are always at the mercy of the whales. If they decide to sell off, the market can crash just as quickly as it pumped. Therefore, caution and awareness of the market dynamics are crucial when dealing with meme coins.
FLOKI Bullish Channel: Pump Incoming?With BTC reversing after weeks of selling, it's to be expected that alts will follow suit.
FLOKI has reversed from the bottom support of the bullish channel, making way for a move towards the top resistance.
I'm waiting for a small drop in order to enhance the R/R of this trade. Target around the top resistance, stop below the recent swing low.
Alikze »» DOGE |Descending channel movement scenario🔍 Technical analysis: Descending channel movement scenario
- According to the analysis presented in the 4H time frame in the previous post, it faced selling pressure after hitting the supply zone and failing to break it.
- The projected downward path is in accordance with the movement path after the break of the green box area, and touched the 0.12590 area and the second green box area.
- But currently, according to the correction structure, if the green box area is broken, the correction will continue.
- Therefore, as long as it is below the Fibo area of 1.618, the first target close to it can be the range of 0.097 and then the specified Fibo 100 range of 009214.
Considering that it is moving in a descending channel, the Fibo 100 zone can collide with the bottom of the descending channel.
💎 Alternative scenario: In addition, if it can stabilize the neckline or Fibo range of 1.618 towards the break and above it, it can be the first target of the ceiling of the descending channel and the range of 0.1464.
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Alikze »» 1000PEPE | Pull Back to the broken structure🔍 Technical analysis: Pull Back to the broken structure
- In the frame time frame, a five -wave cycle has completed the upward movement.
- It is currently moving in a mid -time uptrend.
- After several reactions to the major roof, it eventually faces pressure in the middle of the channel and is now on the uptreen floor.
- This short return can continue the correction after the money to the broken structure, by failing the channel to the origin of the Movement and the Buyer Zone.
💎 Alternative scenario: can test the fiber range of 2.618 and the middle of the channel if it can break the supply area.
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BINANCE:1000PEPEUSDT.P
Alikze »» SHIB | Bullish Flag🔍 Technical analysis: Bullish flag in corrective zigzag wave 4
According to the analysis presented in the previous post, wave 3 or rising C in the area of 2.618 Fibo of the previous wave itself was completed.
💎 But now in the 1D time frame a bullish flag is formed in the form of wave 4 zigzag.
After exiting the congestion and descending channel in the supply range, it has faced selling pressure.
💎 Therefore, it can be offered after the pullback to the broken structure in the liquidity range by successfully collecting liquidity to break the zone.
💎 In addition, if the candle closes to the sub-zone in the daily time, the bullish scenario will be invalid and should be re-examined and updated.
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Alikze »» TURBO | 4H descending channel🔍 Technical analysis: Moving in the descending channel
- The daily frame time is moving in an upstream channel.
- But in the 4H frame time, there is a corrective form that is moving within a downtrend.
- This correction can first touch the range of 0.003052 if it is below the supply area and can extend this correction to the middle of the channel if continued.
💎 Alternative scenario: Also, if it can break the 0.0061 area, it could form an upward flag pattern that can continue the uptrend and continue its growth channel as much as the channel supply.
If the behavior and structure of the post will be updated, it will be updated.
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FLOKI Prints Bullish MACD Crossover On The Daily Chart — 15% PotHere are the details 👇
FLOKI printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is gaining some upward momentum. Additionally, many market participants use the MACD to time their entry.
Backtest Details 🧐
On the daily chart, FLOKI has flashed the signal 11 times so far. FLOKI gained more than 2% in 10 out of 11 and more than 5% in 9 out of 11 signal occurences. However, the results for achieving more than 10% are slightly weaker (7 out of 11).
What about the chart 📊
FLOKI has found a local bottom at 0.00016 and should reverse from here. The first resistance is 0.0002, followed by 0.0003.
Potential & Approach 💰
The signal is calculated with a 15% profit potential, which is equal to the resistance at 0.0002. Therefore, a reasonable approach is to set a first take-profit target at the 0.0002 resistance and the second at 0.0003.
#FLOKI / USDT inverted head and shoulder. What is next?CRYPTOCAP:FLOKI gained 20% yesterday, indicating that its previous consolidation phase has ended. Are we going to see more uptrend?
What do we know?
CRYPTOCAP:FLOKI has a motivated team with a roadmap to become the most traded crypto in the world!
CRYPTOCAP:FLOKI has just been listed on Coinbase perp futures, similar to CRYPTOCAP:BONK and $PEPE. This shows that it is likely following in their footsteps, albeit a little later; both saw a 50% increase after their listings.
CRYPTOCAP:FLOKI has some utility compared to other memes, with integration into TokenFi, use as the native currency of Valhalla (a metaverse), and other projects.
Regarding the charts, I see an inverted head and shoulders pattern, a bullish signal with a target of 0.0004754, which represents a 65% pump. This aligns with the pumps seen in CRYPTOCAP:PEPE and CRYPTOCAP:BONK after their Coinbase listings.
I also see a parabolic trend that seems to continue for now.
There is a bearish divergence due to a CRYPTOCAP:BTC dump, which pushed down the RSI in the middle of the uptrend. In my opinion, this will not have any lasting effect since it was due to an external, temporary factor, but it needs to be mentioned.
The take profits are the fib extension.
Not a financial advice, DYOR.
FLOKI/USDT Technical Analysis: Potential for a 100% Rally!Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
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~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
FLOKI is 57% below its all-time high of $0.000349. Currently, it is holding decent support at $0.000155, and a bounce-back is likely. The 200 EMA stands as resistance at around $0.000195 for FLOKI.
The RSI is currently at 40.01, suggesting that the price is in the neutral zone. There is room for upward momentum before reaching overbought conditions, which supports the bullish outlook.
Historical Price Movements:
~ First Bullish Leg (March 2024): The price surged by 162.82%, breaking out from a consolidation pattern and hitting a high of 0.00018581 USDT. This significant upward movement indicates strong buying interest.
~ Second Bullish Leg (May 2024): After a correction, the price saw another substantial increase of 154.55%, reaching 0.00019760 USDT. This confirms the ongoing bullish sentiment in the market.
~ Third Bullish Leg (Projected): The projected price action suggests a potential rise of 117.71%, targeting 0.00018233 USDT. This projection is based on the continuation of the ascending channel pattern and historical performance.
Invalidation Point: A breakdown and close below the mentioned support line.
DYOR. NFA.
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#PEACE
#FLOKI/USDT#FLOKI
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.000150 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.0001641
First target 0.0001914
Second target 0.0002530
Third target 0.0002970