FLOKI COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!SEED_DONKEYDAN_MARKET_CAP:FLOKI Coin Update !!
• On 1D Tf Price trading in a Falling wedge .
• Near Me For Short term overall its structure is Bearish.
• If You want Build Trade on it then i think you should wait 0.00011$ Support Area🔥
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Flokianalysis
FLOKIUSDT.4HExamining the 4-hour chart for FLOKI/USDT offers a detailed glimpse into its current technical landscape, allowing for an informed analysis.
Price Action: FLOKI/USDT is currently trading at 0.00024018, showing a slight increase of 1.99%. The chart indicates a pattern of higher lows, which could be viewed as a bullish signal. However, the price is presently near the support level S1 at 0.00018637, which needs to hold to maintain the upward trajectory.
Resistance Levels: The immediate resistance level R1 at 0.00033719 appears to be a significant barrier from past price interactions. The upper resistance R2 is set along an upward trendline, suggesting that if the price breaks above R1, it may find dynamic resistance as it ascends along this line.
Support Levels: The noted support at S1 is crucial; a breach below this could signal a shift in market sentiment to bearish, potentially leading to further declines. The support levels are critical for determining where buyers repeatedly enter the market, stabilizing the price.
Moving Average Convergence Divergence (MACD): The MACD indicator is below the zero line, which traditionally suggests bearish momentum. However, the MACD line is converging towards the signal line, indicating that the downward momentum may be losing strength, and a potential bullish crossover could occur if the trend continues.
Relative Strength Index (RSI): The RSI stands at 37.22, which is close to the oversold territory (below 30). This suggests that there might be potential for a bullish reversal as the market perceives FLOKI as undervalued.
Conclusion:
The technical outlook for FLOKI/USDT suggests cautious optimism. The near-oversold RSI and the converging MACD indicate potential for a reversal, but the key will be whether the support at S1 holds. If the price sustains above S1 and experiences a bullish MACD crossover, there could be an opportunity to target R1 as the next resistance level. However, if S1 fails, the sentiment might turn bearish, leading to a further decline. Traders should consider setting stop-losses below S1 to manage risk while preparing for a possible ascent towards R1 if upward momentum gains confirmation through technical indicators.
Floki (FLOKI): are we seeing retest after 80% gains? | 7.06FLOKI broke out of a bullish pattern a few weeks ago, and since then it has earned investors profits. If the trend continues, then it won’t be surprising to see the memecoin reaching new highs soon.
The analysis of the memecoin’s daily chart revealed that its MACD displayed a bullish upperhand in the market.
According to the Bollinger Bands, FLOKI’s price was testing well above its 20-day Simple Moving Average (SMA). However, the Chaikin Money Flow (CMF) turned bearish as it moved southward.
If the memecoin continues to shed its value over the coming days, then investors might witness it drop to $0.00025. This seemed to be the case, as liquidation would rise sharply at that level.
On the other hand, if FLOKI turns bullish, then its price might touch $0.00036 soon.
WHITEBIT:FLOKIUSDT
#Floki price at a crossroads before further movement 🔀Modern cryptans love to trade meme coins and there is nothing to be done about it)
If trading volumes are in the top 10, then we need to analyze the coin, today about SEED_DONKEYDAN_MARKET_CAP:FLOKI
Wave analysis suggests that there may be one more correctional wave down to $0.0001
But another memecoin CRYPTOCAP:PEPE with a similar pattern has updated its local price high in the last week.
The critical level is $0.00025
Depending on where the #FLOKI price is fixed: above or below it, it will determine the further trend for several weeks/months.
So, watch the #FLOKIUSDT price movement and make trading decisions with two possible scenarios in mind
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🐶Floki(FLOKI)🐶 Fall by🌠Shooting Star🌠🏃♂️Floki(FLOKI) has managed to form a 🌠Shooting Star Candlestick Pattern🌠 near the Upper line of the Descending Channel and the Resistance line and 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Floki(FLOKI) to fall at least to the 🟢 Support zone 🟢 and lower line of the descending channel.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Analyze ( FLOKIUSDT ), 15-minute 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 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 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.
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.
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.
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.
🐶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 buy for secendry bull📊Analysis by AhmadArz:
🔍Entry: 990 - 886
🛑Stop Loss: 736
🎯Take Profit: 1150 - 1235 - 1317
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
🐶Floki Inu(FLOKI)🐶 is Ready to Correct 🚨➖50%🚨🐶One of my favorite meme coins is Floki Inu(FLOKI) . A few months ago, I shared with you the analysis that Floki Inu(FLOKI) has increased by more than 😱 ➕2000% 😱 so far.
💡 Floki Inu(FLOKI) began to rise after the community of users of this meme coin voted to burn 190 billion FLOKI tokens . But will this growth continue❗️❓
🙏Please, Stay with me.
🏃♂️ Floki Inu(FLOKI) is currently moving in the 🟡 Potential Reversal Zone(PRZ)($0.000215-$0.000136) 🟡and near the upper line of the ascending channel and Pitchfork line .
🌊According to the theory of Elliott waves , Floki Inu(FLOKI) seems to be on the way to completing the Double Three Correction(WXY) , so Floki Inu(FLOKI) is currently completing the main Y wave .
🔔I expect Floki Inu(FLOKI) to correct(➖50%) at least the 38.2% Fibonacci level and 🟢 Support zone($0.00002322-$0.00001528) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 2-day 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.