FLOKI Technical Analysis and Trade IdeaRecently, FLOKI has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, there’s a pullback into a major resistance zone with a minor bounce off, and we’re on the lookout for another expansion and pullback to consider a short position if the price action turns out to be favorable. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your consideration.
Please remember, the content provided is solely for educational purposes and should not be taken as investment advice. Trading involves significant risk, highlighting the importance of consistently applying strong risk management strategies.
Floki
FLOKI Technical Analysis and Trade Idea
In this video, we delve into a prospective trading opportunity. Our analysis encompasses examining the prevailing trend, scrutinizing price movements, appraising market dynamics, and pinpointing a possible entry point under favourable circumstances, as elucidated in the video. It is crucial to incorporate sound risk management principles into your trading approach. As always, it is imperative to emphasize that this content is intended solely for educational purposes and should not be construed as financial advice.
Trading Signal For FLOKIUSDT FLOKI (4h) (Spot)Trading Setup:
=There is a Trading Signal to Buy in FLOKIUSDT FLOKI
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.000168
⭕️SL @ 0.000147
🔵TP1 @ 0.000265
🔵TP2 @ 0.000350
🔵TP3 @ 0.000460
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
PEPE: Repeating Pattern and Bullish Breakout PEPE appears to be repeating its pattern on the daily timeframe, forming significant liquidity above the range without making new local highs and shaking out the lower range boundary. This pattern suggests a potential breakout to the upside.
The Repeating Pattern:
In the past, PEPE has exhibited a pattern of forming liquidity above the range without making new local highs and then shaking out the lower range boundary. This pattern often precedes a significant breakout to the upside.
Current Price Action:
PEPE is currently trading within a range on the daily timeframe. The price has recently made several attempts to break out of the range to the upside, but each attempt has been met with selling pressure. This suggests that there is significant liquidity above the range that needs to be absorbed before a sustained breakout can occur.
Shakeout and Bullish Breakout:
The recent price action also includes a shakeout of the lower range boundary. This means that the price briefly dipped below the range, liquidating stop-loss orders of traders who were expecting a continuation of the downtrend. This shakeout can serve to strengthen the support at the lower range boundary and provide fuel for a subsequent breakout.
Fractal Trading:
PEPE's price action appears to be following a fractal pattern. Fractals are repeating patterns that can be found at different scales in financial markets. This suggests that the current pattern is likely to resolve in a similar way to previous instances of the pattern.
Potential Breakout:
Based on the repeating pattern, shakeout, and fractal trading principles, I anticipate a breakout to the upside for PEPE. The breakout could occur once the price absorbs the liquidity above the range and confirms support at the lower range boundary.
Target Price:
A potential target price for the breakout is the previous local high, which is around $0.20. However, if the breakout is strong, the price could move even higher.
FLOKIUSDT.4HThe FLOKI/USDT 4-hour chart presents a challenging outlook. The price is currently in a downtrend, as indicated by the recent fall below the resistance level R1 at 0.00016840. The next support level, S1 at 0.00009159, is in sight and may be tested if the current bearish momentum continues.
The RSI is just above the oversold line at 34.68, which can sometimes foreshadow a potential reversal, especially if it coincides with a key support level. However, caution is advised because an oversold RSI can remain in that territory for extended periods during strong downtrends.
The MACD is below the signal line and baseline, suggesting that the current momentum is bearish. Traders would typically look for a crossover above the signal line or the histogram turning positive as early signs of a potential reversal.
If the market finds a bottom at S1, we could see a bounce back toward R1. However, a break below S1 could lead to a steeper decline. As with all trading, it's important to consider not just technical indicators but also market news and sentiment which could drastically affect the price of such assets.
Floki/USDT upward momentum what next?👀🚀Floki Today analysis💎 Paradisers, prepare for an exhilarating ride with #FLOKIUSDT! The cryptocurrency is gearing up, fueled by a refined bullish order block (OB) in the lower time frame.
💎 A noteworthy development is its escape from a descending trendline, propelling #FLOKI on an optimistic trajectory. If the price successfully maintains momentum at the current OB level of $0.00008890, we can anticipate a strong bullish move targeting the robust resistance at $0.00030725.
💎 However, let’s remain vigilant. Should SEED_DONKEYDAN_MARKET_CAP:FLOKI encounter obstacles and struggle to maintain its stride, a bullish effort from the $0.00005514 support level may come into play. Breaking below this level would trigger a significant downward movement.
MyCryptoParadise
iFeel the success🌴
🐶Floki Inu(FLOKI)🐶 is Ready to Fall Again✅ Floki Inu(FLOKI) fell more than ➖30% , as I expected in the previous post .
📈The Floki Inu(FLOKI) has started to rise again but I expect the Floki Inu(FLOKI) to continue falling again.
🏃♂️Floki has already succeeded in breaking the uptrend line .
🔔I expect Floki Inu(FLOKI) to at least fall into the 🟢 Support zone 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long TOKEN looking strongSuper bullish on Token,
and here's a set up 4h time frame.
Retest on the 20 MA and (close to the 0.5 fib-level as well) should be a perfect entry.
I would set a stop loss a bit under the fib 0.5 level.
I will try to ride this trade to all time high (TP2), but take some of the table at 0.195 (TP1)
FLOKIUSDT.4HOn the FLOKI/USDT 4-hour chart, I'm assessing the price movements along with the RSI and MACD indicators, as well as the highlighted support (S1, S2) and resistance (R1, R2) levels.
The RSI is at 43.26, which is closer to the lower end of the neutral range but not yet indicating an oversold condition. This suggests that there might be some bearish sentiment in the market, but it's not at an extreme level where we would expect an automatic reversal.
The MACD shows the signal line and the MACD line converging near the zero line, which indicates a lack of strong momentum. The histogram bars are quite small, further suggesting the market is in a consolidation phase without clear direction.
On the price chart, the current level is slightly above S1 at 0.00018306, which acts as the nearest support level. The price has recently bounced from this level, which might suggest some buying interest at or around this point. Should the price fall below this level, S2 at 0.00015754 could be the next area where buyers may emerge.
Looking upwards, R1 at 0.00022048 presents the first resistance level. If the price can sustain a move above this level, it could be a sign of bullish momentum leading towards the second resistance level R2 at 0.00025987.
The trading strategy here would likely revolve around these key levels, looking for breakout or bounce opportunities. If the price approaches R1, I would look for increased volume as a potential confirmation of a breakout. Conversely, if the price retreats to S1, a bounce with significant volume could suggest a good entry point for a long position.
As always, confirmation from other indicators, broader market sentiment, and news specific to FLOKI should be considered before making a trading decision. A comprehensive risk management strategy is also crucial, potentially with a stop-loss order placed just below S1 to protect against unexpected drops.
Floki Possible short IdeaPlease view the chart for details. If you are unfamiliar with anything on the chart feel free to contact me and ask questions. We are here to teach #newtraders and save time for #experiencedTraders.
Here is a link to #Floki on #CoinMarketCap to do more research on #fundamentals and find news that may validate a pullback soon.
Check out some of our private trades.
FLOKIUSDT.The chart for FLOKI/USDT shows an interesting pattern that warrants a closer examination. The price is oscillating within a rising wedge pattern, which is typically considered a bearish pattern despite the overall uptrend.
The Ichimoku Cloud is still below the price, indicating bullishness in the medium-term trend. Yet, the price is below the Conversion Line (blue), which might suggest a short-term bearish bias or a correction phase. The Lagging Span is above the price action but is approaching it, which could be an early warning sign of a potential downturn if it crosses below the price.
The RSI is at the midpoint, around 51, which is neutral territory. This doesn't provide a strong directional bias, but the fact that it's not in the overbought region means there is room for the price to move in either direction without immediate pressure from overbuying.
The MACD is showing a very slight bullish momentum as the MACD line is above the signal line, but just barely, and the histogram bars are quite small. This indicates that the bullish momentum is not strong and could easily flip.
Given the rising wedge pattern, which often resolves to the downside, and the indicators showing a lack of strong bullish momentum, I would prepare for the possibility of a downward breakout. The key support levels to watch are marked as S1 at 0.00016105 USDT, S2 at 0.00008947 USDT, and a much lower S3. A breakdown below S1 would increase the likelihood of testing S2 and potentially lower.
I would be cautious about entering long positions within this rising wedge. If I were holding FLOKI, I might consider setting a stop-loss order just below S1 to protect against the potential drop you’re anticipating. If entering a new trade, I would wait for a breakout confirmation. A bearish breakout would have me looking for short positions with targets set at S2 and beyond, while a bullish breakout above the upper trend line of the wedge might cause me to reevaluate for a potential continuation of the uptrend.
SHIB, IS IT TIME TO TAKE SHIB BEHIND THE BARN? PREP FOR DIPPotential SHIB trade.
Would look something like this if it was to occur.
Chances that it looks this clean (orange arrow) is not likely.
However, if price rides a steep trend down, and we catch some mega support under some previous support, we're likely to have a very favorable trade.
Basically, this chart is prepping for a potential drop on the yellow circle trend breaks. SHOULD we see a drop, there is no reason to panic, as theoretically, if you viewed this chart, you should be prepared to buy this dip.
Now, does it go as low as .000007 or can it hold .000009. IMO, it is more likely to favor the lower price target.
This price target catching (Maybe even on a wick, within the week, or day), implies favorable odds all the way over .00001
Should this dip not occur, the price targets and trends are still relevant, however, the chart is primarily for prep of the potential drop showing on the charts.
If we reject off our top price target in our trade window, we'd look to buy the dip right around .0000098, waiting to see if we catch more support and see some higher numbers building.
🔥MEME Copy APT Before +300% Pump: Will It Happen Again❓🔥 MEME is a fresh altcoin on Binance and very popular Twitter account with 2.3M of followers. This is a very huge community which will pump the price after its pullback.
MEME can make a pullback by -60-70% and it should be a signal for you to pay the attention to this memecoin. Previously, Aptos, Worldcoin, Pepe, Shib (fresh altcouns) was pumped after such pullback by 100-400%.
💥 Altcoin with such audience and popularity as MEME will be a top gainer at a euphoria phase of a bull market.
like❤️ and follow
Floki Unveils Plans for Digital Banking & Debit CardFloki Coin ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has unveiled ambitious plans to evolve from a meme coin to a comprehensive cryptocurrency financial solutions provider. With the release of its groundbreaking roadmap, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) is set to disrupt the crypto landscape by introducing digital banking accounts, debit cards, and a revolutionary crypto education platform, marking a pivotal moment in its journey.
Digital Banking Reinvented:
Floki's roadmap outlines its vision for digital banking accounts that can be seamlessly topped up with FLOKI tokens. These accounts will enable transactions in major currencies like dollars, euros, and sterling, ushering in a new era of financial inclusivity and accessibility. By integrating with global payment systems such as SWIFT and SEPA IBANs, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) aims to empower users with unparalleled flexibility in money transfers and transactions.
Debit Cards for the Digital Age:
Central to Floki's expansion plans is the introduction of debit cards, poised to revolutionize the way users interact with cryptocurrencies. Through strategic partnerships with leading payment networks like Visa and Mastercard, facilitated by a Swiss company under FINMA oversight, Floki's debit cards promise seamless integration into mainstream financial systems. This move not only enhances usability but also solidifies Floki's position as a formidable player in the fintech space.
Empowering Education with the University of Floki:
In a nod to the importance of education in driving crypto adoption, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) announces the launch of the University of Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ), a pioneering crypto education platform. Offering asynchronous courses on various cryptocurrency topics, initially free of charge, the University of Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) aims to demystify the crypto ecosystem and empower users with knowledge. This initiative underscores Floki's commitment to fostering a community of informed and engaged crypto enthusiasts.
Revolutionizing Trading with Exclusive Tools:
Phase two of Floki's roadmap introduces exclusive trading tools, including a proprietary trading bot and Floki-powered bank accounts. Integrated with popular platforms like Telegram and Discord, the trading bot enables users to trade cryptocurrencies across leading blockchains using FLOKI ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) tokens. Notably, half of the fees generated by the trading bot will be allocated to purchasing and burning SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, driving scarcity and enhancing their value.
Riding the Wave of Success:
Floki's strategic initiatives come at a time of unprecedented growth, with the meme coin witnessing a staggering 600% rally in the current bull market. This meteoric rise underscores the growing demand for innovative crypto solutions and positions Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) as a frontrunner in shaping the future of finance.
FLOKI Partners with World Table Tennis Championship: Surges 40% The cryptocurrency market witnessed a significant surge today as Floki Coin ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) soared by over 40%, marking a remarkable rally amidst its partnership announcement with the World Table Tennis Championship. This strategic move not only underscores Floki's commitment to growth but also highlights its innovative approach to leveraging sporting events to expand its reach in the cryptocurrency landscape.
Riding the Wave of Success:
Amidst a sea of cryptocurrencies, Floki Coin ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) and its partner TokenFi emerged as top performers, gaining substantial attention from investors. The surge in both tokens' prices reflects the market's enthusiastic response to their collaboration as the official cryptocurrency partners for the upcoming World Table Tennis Championship in Incheon, South Korea.
Strategic Partnership Unveiled:
Floki's collaboration with TokenFi signifies a strategic endeavor to capitalize on the global appeal of sporting events. With the World Table Tennis Championship set to draw a massive audience, estimated at around 450 million viewers worldwide, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) aims to seize this opportunity to enhance its visibility and engagement on a global scale.
Expanding Footprint in Sports Sponsorships:
Floki's foray into the sporting world is not a new endeavor. With prior engagements in table tennis tournaments in Frankfurt and Busan, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has steadily built its brand recognition within the sports community. The partnership with the World Table Tennis Championship further solidifies Floki's position as a key player in sports sponsorships, opening doors to new opportunities for growth and expansion.
Seizing the Opportunity in South Korea:
By associating with the WTT Champions Incheon event, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) demonstrates its strategic initiative to tap into South Korea's burgeoning cryptocurrency ecosystem. This move aligns perfectly with Floki's community-building efforts and underscores its commitment to fostering relationships in key markets.
Impressive Performance and Market Impact:
The surge in Floki's price, coupled with a significant increase in trading volume, reflects investors' confidence in the cryptocurrency's potential. With an impressive gain of over 600% in the last 30 days, Floki's bullish momentum highlights its growing prominence in the meme coin sector.
Conclusion:
Floki Coin's partnership with the World Table Tennis Championship represents a significant milestone in its journey towards global recognition and adoption. By leveraging the expansive reach of sporting events, Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) demonstrates its ability to innovate and seize strategic opportunities in an ever-evolving market. As the cryptocurrency continues its upward trajectory, fueled by strategic partnerships and a dedicated community, the future looks promising for Floki and its endeavors in the cryptocurrency landscape.
🐶Floki Inu(FLOKI)🐶 is Ready to Fall at least 🚨➖30%🚨🏃♂️ Floki Inu(FLOKI) is moving near 🟡 Potential Reversal Zone(PRZ)($0.00035-$0.00030) 🟡and All-Time High(ATH) .
🌊According to the theory of Elliott waves , it seems that Floki Inu(FLOKI) has completed the main wave 3 , and we should wait for corrective waves .
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
⚖️ Floki Inu(FLOKI) seems to be completing similar moves , so moves 1 and 3 are almost identical in terms of percentage increase , and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.👇
🔔 Based on the description above, I expect Floki Inu(FLOKI) to drop at least ➖ 30%.
❗️⚠️Note⚠️❗️: Analysis will change if Floki Inu(FLOKI) can break 🟡 Potential Reversal Zone(PRZ)($0.00035-$0.00030) 🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
FLOKI's Market BehaviorFLOKI is currently trading at 0.0002639, showing signs of consolidation after its recent upward movement. Here's a closer look at the technical aspects shaping its market behavior:
Support and Resistance: The absence of a clear resistance level above the current price suggests that the market is still in the process of establishing a new ceiling for FLOKI. The noted gap, indicated by the green line, points to a zone where the price might potentially retract and stabilize.
Main Support Level: The chart indicates a solid main support level that has been consistently holding. It’s a key area to watch for maintaining the current uptrend.
Relation to Bitcoin’s Activity: FLOKI has mirrored the general market trend, showing reactivity to Bitcoin's performance. The positive correlation means that a further rise in Bitcoin could propel FLOKI similarly.
The price action is within the Bollinger Bands, suggesting no immediate overextension of the price movement in either direction.
A significant trading volume of 11.639B reinforces the current price level, indicating a solid interest in the market.
The SMA is set at 0.00027077, slightly above the current price, which could act as a dynamic resistance in the short term.
The MACD histogram is slightly negative, suggesting a bearish divergence. This warrants attention, as it may prelude a potential slowdown or reversal in momentum.
Stochastic RSI is Currently low, suggesting that there might be potential for an upward price movement before becoming overbought.
Traders should monitor the support levels and watch for the MACD and Stoch indicators for signs of either a continuation of the current trend or a reversal. Given FLOKI's correlation with Bitcoin, movements in the primary cryptocurrency's market could be indicative of FLOKI's subsequent direction.
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