FLOKI ready for the next leg up?!Hi guys, a small update and my TA for Floki.
Wow! What a massive upwards movement! Congrats who took the ride. Why should you go long on TA perspective?
- The brown box is now acting as a support.
- On the lower time frames we see its moving in a falling wedge. In 2/3 cases it will break to the upside. You could trade it when its breaking out.
- RSI is cooling off.
- Volume is dropping. Could indicate for the next major move.
Keep om an eye on the next resistance 0000,27.
Good luck and happy trading!
