Flokiusd nearing breakout targetOf its verse head and shoulder pattern that it recently broke upward from. *not financial advice*
FLOKIUSD trade ideas
FLOKIUSD: x10 from the bottom is perfectly plausible.Floki Inu just turned bullish on its 1D technical outlook (RSI = 57.616, MACD = 0.000, ADX = 13.319) as it made a strong reversal and will most likely close the week in green. The most important news is that it has been holding the 1W MA50 since the August 5th test. This is capable of starting a rally that can achieve +1000% from the Aug bottom as it is similar to the two previous Falling Wedge bullihsh breakouts inside the wider Bullish Megaphone. We target its top (TP = 0.00100) by late Feb 2025.
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Will FLoki Give A Breakout Run To $0.00032?Floki shows a breakout rally from a falling channel, gaining momentum.
A new support trendline forms, reinforcing the higher low formation.
An ascending triangle pattern is emerging, with the glass ceiling at the 38.20% Fibonacci level of $0.0001654.
Floki is currently trading at $0.0001529, with an intraday gain of 7.43%.
The bullish engulfing candle began from the 23.60% Fibonacci level of $0.0001415.
Floki has surpassed the 200-day EMA, indicating growing bullish strength.
A golden crossover between the 50-day and 200-day EMAs is likely, signaling further bullish momentum.
MACD and signal lines remain in positive alignment, supporting the uptrend.
The ascending triangle breakout could push Floki toward the top of the falling channel pattern at $0.0003204.
Floki has an upside potential of more than 100%, indicating a possible 2x rally.
The current price action suggests Floki is positioned for a strong continuation of the bull run.
A breakout from the triangle pattern could trigger the next leg of the rally toward $0.0003204.
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.
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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!!
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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Flying floky......Floki is another one of my favorite coin.
Floki has officially finished himself and at the beginning of his last ascent, he has a target that I imagine is around 0.0023.
The target time is around mid-autumn
FLOKIUSD Wait for this pull-back and buy.Floki Inu (FLOKIUSD) hit the top (Higher Highs trend-line) of the 1-month Channel Up that started on the April 13 Low. Based on the price action that followed, we should now see a pull-back of at least -15% before the new Bullish Leg begins.
We expect that to go for a test of Resistance 1 before the Channel Up breaks parabolically upwards into the new Alt Season. As a result we will go for a short-term buy at -15% and target 0.0002650 (just below Resistance 1).
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FLOKII could be wrong but this setup is looking very similar to the same move FLOKI made in Feb-March. Im watching this very closely.
FLOKI's Roaring Rebound Eyes $0.00030
Bullish Breakout Bonanza: FLOKI recently surged by 17% in 24 hours, signaling a strong bullish momentum within the meme coin market.
Wedge Breakout Wins: The price action indicates a successful breakout from a falling wedge pattern, a classic bullish signal that could propel prices higher.
Fabulous Fibonacci: The price movement is navigating between key Fibonacci levels. A break above the 38.20% Fibonacci retracement level could further catalyze bullish sentiments.
Overnight Sensation: An 8.26% jump overnight reinforces the bullish trend, setting the stage for continued upward movement.
Resistance Rumble: The $0.00020 mark stands as a crucial psychological resistance level. Overcoming this could open the gates for a surge to $0.00030.
MACD Magic: The MACD is hovering near the zero line but is primed for a bullish continuation, which could sustain the upward trajectory.
RSI Rising: The Relative Strength Index (RSI) is climbing from the mid-point, indicating increasing buyer interest and potential for further price appreciation.
Bullish Candle Craft: A significant bullish candle was posted, confirming strong buyer enthusiasm and potential for continued price increase to reach $0.00030.
Support Scenario: Should FLOKI fail to break the $0.00020 level, it risks falling back to the support level at $0.0001682, a crucial pivot point for the coin's short-term direction.
FLOKI-USD: The Vikings are sailing—ATH in Cycle Wave 3Chart tells more than thousand words.
See my complete Elliott Wave analysis in the prior posting.
FLOKIUSD: Strong correction is needed in order to reach 0.0010FLOKI INU has grown by an astonishing +1000% since February's lows and naturally is vastly overbought on its 1D technical outlook. Before a mega rally, Floki tends to drop below the 1D MA50, in order to gain accumulation. We will buy a week after it crosses under the 1D MA50 and sell near the 1.5 Fibonacci extension (TP = 0.0010).
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Short This garbage...Bagholder Phase is upon us...don't stick around hoping for more here you're going to get dumped on and be sad.
FLOKI-USD: The Elliott waves of the VikingsFLOKI is a popular meme coin and ecosystem. Don’t ask me why.
I just read waves.
Claimed to be 10x or 100x potential in 2024/25.
Floki Swing long with the 5th waveAs you can see, we can count Elliot waves till here. Fibonacci levels match the end of wave 4 projection, and a few shadows came across and then came back up fast at 61.8% level.
This is a high-risk trade with good risk to reward ratio.
Entry: 0.0000314469 $
TP: 0.0000418000 $
SL: 0.0000283767 $
FLOKIUSD Massive buy initiated, ATH test at least.Floki Inu (FLOKIUSD) is posting a massive 3 week bullish sequence that the crypto hasn't seen since January. This time it is on a 1W MACD Bullish Cross that is still below the 0.0 neutral mark, meaning that the upside potential is significant.
We expect a pull-back towards the 1D MA50 (red trend-line), but as long as it holds, it should spur the second wave of aggressive buying towards at least the 0.0000685 All Time High (ATH). The upside of this asset as a high risk investment is very high in our opinion.
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✴️ Floki Inu | Cup & Handle (Same As Bitcoin)Here is the same dynamic going on with Bitcoin;
➖ We have a bullish breakout followed by a retrace.
➖ We can call this a test of resistance as support as well as the classic Cup & Handle pattern.
➖ There is always a falling wedge within the cup & handle, a higher low, etc.
➖ Both the MACD and RSI are on the bullish zone.
👉 Seeing this pair going bullish supports my view that the recent bearish action was a small retrace, now the market is ready to resume growing.
October is set to be a good month for Cryptocurrency...
Namaste.
Will FLOKI Price Revamp By 30%?FLOKI price action indicates a descending triangle breakdown rally resulting in a 23% decrease.
FLOKI coin price witnesses a bullish RSI divergence as the breakdown rally turns sideways.
A bullish reversal from the new demand belt might boost the FLOKI coin price by 30%.
Despite the remarkable gains earlier in 2023, FLOKI's price remains on a downside trajectory.
Trading 95% below its all-time high, FLOKI's price shows signs of potential reversal.
Post the descending triangle breakdown, FLOKI's price fell further by 23%.
The demand belt formed at $0.0000165 acted as a bounce-back spot for Floki in the past.
FLOKI's price teases a reversal rally to approach the broken level of $0.000020.
Daily RSI is on the rise, hinting at a potential bullish rally.
MACD also indicates a bullish crossover.
If FLOKI starts a new bull cycle, it might surge by 30% to $0.000020.
However, falling below $0.00001685 could push FLOKI to test the $0.000012 level.
floki targetfloki has created a cup and handle similar to shiba but on a smaller scale
we have 11% to the 200 day and the cup depth placed ontop of the rim round about correlates
Will FLOKI price reach $0.000030 with this breakout?FLOKI price action shows a descending triangle pattern with the bottom level at $0.000021.
Currently, the FLOKI price action shows a consolidation range at the bottom support level.
The RSI indicator shows a bullish divergence within the consolidation range. Moreover, the MACD indicator shows a bullish crossover, increasing the bullish breakout chances.
The range breakout can fuel the FLOKI price rally to challenge the resistance of the triangle close to $0.0000249. Moreover, the triangle breakout rally can pump the meme coin to $0.000030.
FLOKIUSD is 0.000077 realistic after today's pump?FLOKIUSD crossed over April's 24th High with ease as it smashed above the 1D MA50. The MACD is on a strong rise as well, completing a Bullish Cross. According to a similar price action in February, the current rally can complete the move on Fibonacci 2.0. That is at 0.000077 and is a trade worth taking.
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FLOKIUSD breakout of the triangle pattern and more gain 📖💡🚀Hello 🐋
Based on the chart, the price is in the parallel channel close to the triangle support (previous triangle resistance area) and new volume recognize for the price, and it is close to the Fibonacci support level ✔️
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀
Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
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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