FLOKI/USD - 60% PUMP & About to BREAK the DOWNTREND!!! 🚨FLOKI pumped 60% in the last two days...WOOT?!
Now price is about to break away from the downtrend that started last year. This will be HUGE if confirmed for FLOKI and may start a sustained rally.
Don't forget FLOKI can go 3x in 3 days looking at the past price action and current price levels are quite juicy for a FOMO entry.
Therefore, the likelihood of continuation is quite high I'd say. FLOKI has also corrected enough at over 90%...
So time for some nice PUMP price action.
The indicators also point up with a BULLISH divergence on RSI (higher highs on RSI vs price), bullish MACD and momentum going up.
What we miss is volume, but that will likely come after price breaks away from the blue downtrend.
Expect more fireworks soon! Bias is BULLISH.
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Flokibtc
FLOKI/USD - Attempting to break the downtrend! 😱FLOKI INU has pumped 50% on Poloniex today, which is quite curious.
This came after FLOKI touched the key support level of this massive descending channel.
Floki really needs to move above $0.00006 to have any hope of a rally because that is the top trendline of the descending channel.
Success there and things will quickly escalate.
Indicators appear bullish, but buying volume is a bit lacking. Let's see how this evolves.
I am somewhat bullish right now.
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💥FLOKI INU - 400% PUMP INCOMING🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
As seen right here, we have floki price in a falling wedge approaching the breakout point. A breakout upward will take floki to the moon.
We all say meme coins don’t follow technical analysis, but sometimes they do.
From what I have on my chart, now is the best time to buy this meme coin as it is approaching the retest of the order block.
Therefore, a reversal from this order block and an upward breakout from this wedge will take price towards $0.00029 and possibly take it above ATH.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
FLOKI/USD - Prepare the ROCKET!!! We're leaving Earth in 5, 4, 3FLOKI is at the end of this descending triangle in blue.
Break above it and FLOKI's rocket should have liftoff!
Firs target is at $0.00017, remaining ones are on the chart.
MACD is bullish too. Expect volatility to return soon.
Chart looks promising. Bias is bullish right now. Support held well so far.
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FLOKI/USD - Support held well! Now time to pump it 🚀FLOKI found good support on the 0.00012 level twice... with this last drop making a higher low! This is bullish.
The RSI has also painted a bullish divergence and MACD on 4h already did a bullish cross.
What we can expect is a rally to the key resistance at $0.00018. Once there it is up to the bulls to see if they have the strength to take FLOKI higher.
If FLOKI can escape from this descending triangle in blue, it will fly and rally. That can lead to the next leg up in the search for a new all-time high.
We need a bit more volume, but otherwise, so long FLOKI does not drop below the triangle, we're good.
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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.
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FLOKI/USD - Bounce on support. Buy opportunities! 😻FLOKI INU has been correcting from its all-time high and we've now reached a key support level which was tested again yesterday.
We bounced as expected, but any future retests of this level present some good buy opportunities for a longer term position until the bull market tops.
FLOKI is still flying under the radar and may explode at any moment, keep your eyes on it.
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