Flokisignals
FLOKIUSD Very very close to the start of a x10 rally.Floki (FLOKIUSD) tested earlier this month and held (closed all 1W candles above it) the 1W MA50 (blue trend-line), for the first time since February 05 2024. This potentially concludes the Bearish Leg that started in March of the 2-year Channel Up.
Still, the best confirmation to buy would be a 1W RSI crossing above its MA trend-line (has been the ultimate bottom signal 2/2 times in the past 2 years). Once completed, our Target will be 0.01000, aiming at the 2.0 Fibonacci extension, which is where the previous two Bullish Legs peaked.
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FLOKIUSD Resistance and Support strategy only.Floki Inu (FLOKIUSD) is having the strongest 1D rise since February 22, hitting again the 1D MA50 (blue trend-line). This doesn't alter the neutral sentiment within Resistance 1 and Support 2. We are only buying above Resistance 1, targeting Resistance 2 (0.00005645) on what can be the Higher High of an emerging Channel Up pattern or sell below Support 1, targeting Support 2 (0.0000185850).
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