FLOKIUSDT.P
To Whom It May Concern,
This is an analysis of FLOKI, another memecoin, on the daily chart. My outlook leans towards the bearish side.
The trend is declining within a weekly gray parallel channel. Since August 5th, the price has made a series of lower lows (see the green trend line) but has been rejected by both the 200-Day MA and the upper part of the channel.
It appears a triangle is forming, with low volume for the bulls. My bearish bias is supported by the two resistance levels above the price: the 200-Day MA and the upper side of the parallel channel. My bullish bias, however, is based on the higher lows along the green trend line.
Overall, my stance is bearish, as the longer-term resistances present a stronger obstacle than the green trend line support.
If you have any questions or comments, please feel free to share.
As always, this is not financial advice. Stay safe and focused!
FLOKIUSDT
FLOKIUSDTFLOKISDT.
Will ARUSDT get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.000211 followed by 0.000400.
What you guys think of this idea?
FLOKI | Meme Season Coming?Shiba killer is back?
Recent Binance news indicates that the U.S. arm of the world's largest exchange, is all set to list the popular memecoin Floki
Days after recognizing Shiba Inu’s full potential as a result of an internal review and its subsequent delisting from the Binance’s experimental “innovation zone”, the U.S. arm of the world’s largest crypto exchange announced that it will offer Floki, another flagship cryptocurrency from the memecoin genre. On Monday, April 24, the California-based Binance exchange notified its millions of users about the upcoming Floki listing which would initially be paired with both USD and USDT support. The trading for the token is said to go live tomorrow, April 25, 2023 at 5 a.m. PDT / 8 a.m. EDT. However, according to the announcement, the deposit function for FLOKI tokens are currently enabled for users to fund their crypto accounts. Binance has created seven new liquidity pools for crypto including Bitcoin, Shiba Inu, and Dogecoin in response to the growing demand for such cryptocurrencies. Moreover, emerging memecoins like Bone ShibaSwap (BONE), ArbDoge AI (AIDOGE) pumped more than 10% on news of a major exchange listing today.
As a direct consequence of this, many in the crypto community are speculating of an impending memecoin rally where market participants anticipate higher retail engagement as an increasing number of exchanges provide support for these altcoins. However, such price movements are heavily dependent on Bitcoin and a further decline from its current levels of FWB:27K would turn out to be devastating for the larger crypto market.
Is #FLOKIUSDT Poised for a Breakout or a Breakdown?Yello, Paradisers! Are you prepared for a potential explosive move in #FLOKIUSDT? The market could be setting up for something big let’s break down the latest signals and what they might mean for you.
💎 #FLOKIUSDT is signaling a potential bullish continuation from the critical demand zone at $0.00013972. The price has been holding strong momentum above this key level, suggesting that if it can continue to sustain, we could see a significant upward move.
💎For a while now, #FLOKI has been respecting a descending resistance, but there’s a shift in the air. Recent attempts to break above this resistance have come with increased momentum, particularly around the crucial demand zone. If the price continues to maintain strength here, we could be on the verge of a bullish rally, potentially driving the price toward the next internal resistance at $0.00017791.
💎Confirmation is key. To validate this bullish scenario, we need to see a decisive break above $0.00017791, accompanied by strong engulfing candles and sustained upward momentum. Without this confirmation, it’s wise to stay cautious and avoid rushing into trades. Premature entries could expose you to unnecessary risk.
💎 Stay alert for downside risks: If momentum falters at the demand zone, we could see a drop towards the lower support at $0.00010971. Should the price close below this support level on a daily timeframe, the bullish outlook could be invalidated, potentially leading to deeper declines.
💎Monitor #FLOKI closely, Paradisers! The market can shift quickly, and it's crucial to be prepared for different outcomes. Remember, disciplined and patient trading is the cornerstone of long-term success. Avoid emotional decisions, focus on high-probability setups, and always prioritize consistency over chasing quick profits.
Stay sharp and trade smart!
MyCryptoParadise
iFeel the success🌴
FLOKIUSDTI am expecting FLOKI to bottom out around 0.00013002 before making it's next leg up. If FLOKI breaks below these levels we are in for further downside. Should BTC break 60k we could possibly see alts bleed, however if we can find support at these levels we should she some significant upward gains.
FLOKI is in the middle of correctionFrom the place where we placed the red arrow on the chart, it seems that FLOKI's correction has started.
This correction looks like a big diametric as we are now in wave D of this diametric.
From the red range, we expect a downward price rejection.
Closing a daily candle above the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FLOKI/USDT bearish trend consolidatedFLOKI/USDT entered a bearish trend after peaking at 0.0001747 USDT. Since then, the price has started a corrective movement, breaking below the exponential moving averages (EMAs) and entering a descending channel.
Although the indicators are showing weakness in the selling pressure, there are no clear signs of a reversal yet.
To initiate a bearish trend reversal, the price would need to break the dynamic resistance of the descending trendline and sustain above the EMA Ribbon. A break above 0.00014884 USDT would be an important signal that buying pressure is returning to the market.
In addition, the MACD would need to cross upwards and the Stochastic RSI would need to enter the overbought zone to confirm a trend change.
Let's wait for the next few hours.
Supports: 0.0001253 / 0.0001174
Resistances: 0.0001398 / 0.0001448
FLOKI: The prospect of increasing?BINANCE:FLOKIUSDT
FLOKI is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.000195 Stay tuned for more updates, thanks.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FLOKI → A short term analysishello guys.
The chart shows a head and shoulders pattern, which is a reversal indicator.
The price formed a left shoulder, head, and right shoulder pattern, signaling a potential bullish move.
Price has broken out of the yellow support zone (neckline of the pattern), confirming the reversal.
Immediate target is around 0.00014400 USDT (blue zone).
Extended target is around 0.00016600 USDT.
The bullish structure suggests an upward movement is expected after the breakout.
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By approaching its most important support range in the daily timFloki currency continues to move in a downward trend.
By approaching its most important support range in the daily time, this currency can prepare the preparations for growth.
Also, in the time of 4 hours, the yen currency can provide a small growth of 10% for itself.
But safe entry to this currency is possible after the defeat of the resistance.
Breaking this resistance means safe entry or safe moving average.
The possible movement of this currency was presented to you in this analysis.
FLOKI, showing massive UPSIDE shift.. significant ASCEND next.FLOKI, has been left by its peers lately -- returning to 1.0 FIB RETRACEMENT level -- most discounted price you can get.
Now, the coin is showing some significant accumulation / net buying volume. The upper indicator is showing some unusual white stair line length conveying strength. The usual hint before an ascend.
Expect some above average price growth from the current levels.
Spotted at 0.0000330
TAYOR
Safeguard capital always.
FLOKIUSDTFLOKI ~ 2D ✅
#FLOKI We hope that this Demand Zone will be retested to attract buyers. This scenario would be possible Dobble Bottom-up.
However, if this Demand Zone is not strong enough to withstand selling pressure and buyers lose momentum, it will be very clear that the price will fall at the key support that we expect.
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🔥
Follow us for more free analysis !!
#Floki 1D chartSEED_DONKEYDAN_MARKET_CAP:FLOKI 1D chart;
It started a bullish pattern from the last low but there are too many obstacles in front of it.
After the -OB level is exceeded, its rise will accelerate.
We may see another round of retracement from the OB zone indicated by the gray box. If it catches a strong volume, it may touch the $.31387 level indicated by the yellow dash at the top.
But for those who don't want to take any chances, the first TP point of the pattern can also be considered as a target.
The chart looks good, it has broken below the 50EMA and 200EMA and is using this as support for now.
#Floki price are preparing to surpriseAnother memecoin - #FLOKI It would seem that what can you get out of it? Well, I would like to take 75% of the profit , as in the trade on the chart !)
1️⃣ at night on the market fall and in the previous days, OKX:FLOKIUSDT price was very well “held”
2️⃣ globally, the #FLOKIUSDC price has worked out the desired correction, which was written about in May
What do you think, will this trade give profit 👍 or loss 👎 ?
FLOKI ROADMAP (1D)From the place where we placed the red arrow on the chart, FLOKI's correction seems to have started.
This correction looks like a diametric that we are now in the D wave.
In the red box, wave D can end and we can enter wave E.
Closing a candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Capitalizing on Memecoin Mania: How to Buy Floki on SpotNavigate the exciting world of memecoins with this guide to buying Floki on the spot market. We'll break down the strategies for entering the market, timing your purchases, and managing the inherent risks of trading Floki. As Floki continues to capture the attention of crypto enthusiasts, this guide will help you make informed decisions and potentially profit from the volatile but rewarding memecoin market. Whether you're looking to diversify your crypto holdings or capitalize on Floki's growing community, this guide offers the insights you need to succeed.
FLOKI ANALYSIS🔮 #FLOKI Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #FLOKI. It's a daily time frame breakout and we will see more higher price in long-term. After a successful retest, we could see proper a rally 📈📈
💸Current Price -- $0.0001481
📈Target Price -- $0.0003000
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#FLOKI #Cryptocurrency #Breakout #DYOR
Is #FLOKI Poised for a Major Breakout or a Steep Decline? Yello Paradisers! Are you ready for what could be a game-changing move in #FLOKI? Let's dive into the latest analysis of #FLOKI and see what’s in store!
💎#FLOKIUSDT is currently showing strong potential for a bullish continuation from a critical demand zone at $0.00014291. We’ve been closely monitoring #FLOKI as it follows a falling wedge pattern, and after a perfect breakout, it has successfully completed a retest of the descending resistance line. The next key target for #FLOKI is the internal minor resistance at $0.00022635.
💎If #FLOKI holds firm at this level, we could be on the brink of a significant bullish rally, reminiscent of previous market moves. A breakout above the crucial resistance at $0.00022635 could pave the way for a push towards higher resistance zones, potentially taking us even further.
💎However, caution is crucial here. If momentum weakens at this critical demand zone, we could see a pullback to the lower demand area around $0.00013756 - $0.00012811.
💎Stay vigilant and keep a close watch on #FLOKI price action. A daily close below this demand area could invalidate the bullish scenario and open the door to further declines.
Stay focused, patient, and disciplined Paradisers.
MyCryptoParadise
iFeel the success🌴
#FLOKI/USDT#FLOKI
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.00010300
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.00001120
First target 0.0001500
Second target 0.0001755
Third target 0.0002128