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
FLOKIUSD trade ideas
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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flokiusd
Hello
According to the technical chart and the breaking of the downward trend line and pullback, the price can be expected to rise up to the indicated place.
FLOKIUSD Can rise another +100% from here to 0.00010!Floki Inu / FLOKIUSD is one of the hottest crypto of 2023 having had two major rallies already of +180% and +250%.
Both of those rallies reached the Fibonacci 5.0 extension.
It is again rising having crossed over the MA50 4H.
Trading Plan:
1. Buy on the spot.
Targets:
1. 0.00010 (slightly under the Fibonacci 5.0 extension).
Tips:
1. The RSI 4H is trading inside a Rectangle for the whole 2023. Rebounds near its bottom have been major buy confirmations, similarly rejections near its top have been major sell confirmations. Exploit this.
Please like, follow and comment!!
