$floki- dead or alive?So $floki has been one of my favorite charts the past 3-4 months. Its got a great community, very special tokenomics, strong leadership and has a solid track record of TA thusfar.
This last ABC pattern took us lower than any prior corrective move and in some regards that should be expected. It reached the 3.618 at the top of its last parabolic move in late October.
But i also suspect the continued sell pressure (besides the 'bitcoin' affect on the market as a whole) has a bit more to do with market manipulation. The selloff's are into support, over and over....and over. All that said, they've only been enough to take the charts NEAR TO the breaking point. But any nefarious actor(s) probably could have broken it on multiple occassions.
No i think this has more to do with keeping the price 'healthy' and 'true'. Rewarding the hodl'ers by preventing the token's value from unsustainable valuations too soon. Pushing the price down also keeps speculative traders and moonboy's from pumping (and then dumping) the token.
Lastly, this volatile price action equals more transactions. More tx's equals more tx's fees. Fees that are used to market and promote #floki.
Pro's- these tokenomics are intended to reward Hodl'ers and discincentivize scalpers and traders. A true community token. they are making serious strides on the marketing front with multiple professional athletic sponsorships and major advertisement initiatives.
Con's- The number of token holders (350,000 currently) has plateau'd a bit the past month or so. Not what you would expect with all the marketing effort. The average investment value (mcap/# of token holders) is low compared to other meme coins. Doge- $4,791. Shib- $19,250. Floki- $3,714. (TO BE FAIR- Doge & Shib both have a digusting amount of tokens held by top 100 wallets (like 70% and 60% respectively. Floki is much more distributed and the comparitive number is <30%).
As for the chart- Floki will either continue to grow or its chart will start looking very unsustainable in the next 24-48hrs.
THIS IS NOT FINANCIAL ADVICE. NOT A FINANCIAL ADVISOR. THESE ARE MY OWN PERSONAL NOTES FOR REFERENCE AND BENCHMARKING PURPOSES ONLY.
DYOR
Flokiinu
$floki/weth- amazing accuracyUsing the fib retracements from the prior 2 moves...its hard to not believe it isn't programmed. NAILING the 3.618 on the NOSE immediately following each of the past two corrections. this last one has actually been the biggest correction after toe tapping the the 0.268 retrace level. It had previously only gone to the .386.
Not financial advice. do your own research. these are my notes for personal reference and benchmarking purposes only.
$Floki- Full Retrace to 0.236Not alot of explanation needed. Floki did fully retrace and 'toe tapped' the 0.236 fib level. i've bought back in here after selling a big portion of my position between 0.00024 and 0.00022.
I will set a stop loss below this 0.236 level. Breaking down below this number would be painful for the ST future of the new meme darling.
Not financial advice. Do your own research. These are my personal notes for my own historical reference and use.
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 $0.00020 seem like a good entry in anticipation for a breakout.
It's unlikely FLOKI will go lower than support unless the overall market takes a downturn (unlikely).
As such, aim to enter either at support or during a breakout as FLOKI may attempt another rally soon.
If not, it will just consolidate longer until the eventual pump happens. Bias favors the bulls once more.
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$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%.
FLOKIUSDTbunch of bullish catalysts (turkey airport signage) elon tweeted a joke meme basically saying floki moons
targetting the 1.618 fib extension initally
but this thing still has a semi low mcap
could be next shiba continuation vibe, will leave a moonbag asalways
lol its pretty much already mooned but sharing for tp targets anyway :)
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
A crypto message from Elon Musk??Hello Viking
$FLOKI has only 2 levels resistance until his ATH
Hold and buy the dip
Elon Musk today tweeted that he is thinking to open an institutional of science and technology in Texas and he will gonna accept $DOGE alsi people who has "dog" will have discount.
Elon Musk is Dogefather everybody knows it, but what could Elon means with "dog"?
We know that Elon said his son owns also Dogecoin and he has also a "dog" called $FLOKI !!
Does it can be a crypto message for $DOGE and $FLOKI holders?
Who knows, maybe something very big will comes soon wink wink
By the way, details in the chart
MACD crossed golden
-Goodluck
$FLOKI the Viking DogHello folks
Floki is the name of Elon Musk's dog
$FLOKI coin is a memecoin based on Floki dog
I prepared this chart for #flokiarmy
Observe the yellow box in the chart, when and if it's break out, the Viking will double his marketcap
Waiting to be listed on Binance and it will flip $SHI easily
Goodluck
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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