FLOKIUSDT trade ideas
FLOKIUSDTFLOKIUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
FLOKI is Ready To Push Higher!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 FLOKI has been overall bullish, trading within the rising wedge in orange.
Currently, FLOKI is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting strong demand zone marked in gray.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the gray demand zone and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #FLOKI approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Why My Storng Altcoins Don't Go Up?The cryptocurrency market has changed a lot recently, making it harder for individual altcoins to increase in value. Every day, many new altcoins are created , which spreads the available money and attention across more coins . Because of this, the liquidity (or the amount of money available for trading) is divided among many different coins. This makes it tough for any one altcoin to get enough investment to see a significant price increase.
Low-market-cap altcoins can quickly rise in value due to hype and speculative trading, but this often doesn't last long. Stronger projects with larger market caps usually grow more slowly because they need more consistent and substantial investment to see price increases. Quick pumps are less common with these stronger projects because their higher market cap makes sudden price spikes more difficult.
Futures trading also affects altcoin prices significantly. When many traders bet on the market going up or down, trading platforms may force liquidations to manage risks, causing big price swings. This leads to long periods where the price stays steady or only moves slightly, as the market adjusts. These reaccumulation phases can make it seem like altcoins aren't increasing in value, as the market takes time to stabilize before any significant growth can happen.
Happy learning !
Floki (FLOKI): are we seeing retest after 80% gains? | 7.06FLOKI broke out of a bullish pattern a few weeks ago, and since then it has earned investors profits. If the trend continues, then it won’t be surprising to see the memecoin reaching new highs soon.
The analysis of the memecoin’s daily chart revealed that its MACD displayed a bullish upperhand in the market.
According to the Bollinger Bands, FLOKI’s price was testing well above its 20-day Simple Moving Average (SMA). However, the Chaikin Money Flow (CMF) turned bearish as it moved southward.
If the memecoin continues to shed its value over the coming days, then investors might witness it drop to $0.00025. This seemed to be the case, as liquidation would rise sharply at that level.
On the other hand, if FLOKI turns bullish, then its price might touch $0.00036 soon.
WHITEBIT:FLOKIUSDT
FLOKI: Keep an eye on this level!FLOKI has been on a great run lately, setting a new ATH at 0.000349$! Currently, the price is cooling off in a descending triangle pattern, and a break of this pattern will occur soon!
If you're looking to trade FLOKI at the moment, here's a quick setup that you might find helpful!
The idea is: Buy when the price breaks above 0.000324$ and take profits at the levels shown in the chart.
Targets:
1. 0.000328$
2. 0.000338$
3. 0.000349$
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About our trades:
Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Entity enter the meme world ---- FLOKIMeme coins once again led the market last week. Awaiting a new narrative, traders enter the meme world. Yesterday, the famous market maker DWF Labs announced that it would invest US$12 million in meme coins.
Although DWF Labs has a rough behavior, institutions starting to invest in meme coins will bring about a more stable trend. Like the early days of the Big Bang, BTC was also a meme coin. The currently announced tokens include LADYS and FOLIKI, and there are still individual projects on the way. Judging from DWF Lab’s past cooperation, BONK may also be one of them. Of course, this is just our guess.
As a meme born at the same time as PEPE, the price of FLOKI broke through the historical high after the investment was announced, and it also led to the rise of TOKEN of its affiliated project TokenFi. TOKEN occupies a large proportion of DWF Labs’portfolio. It’s FLOKI instead of PEPE that also highlights DWF’s ambitions.
As a meme coin that has been listed on large exchanges, FLOKI already has enough influence. Capital flow and popularity are its main driving forces. As we said before when talking about other meme coins, the performance of our AI indicators on meme coins is as good as ever. At the daily level, the TSB indicator successively prompted BUY signals on February 20 and May 18, and then began a strong rise.
You can also use the TSB indicator on the 4h level, as shown in the chart, which can also help you gain profits from memes.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
FLOKI: Resistance BreakoutTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Down, price broke above $0.000316 resistance level, it's prior ATH. broke above ATH and resistance of $0.00031...going higher. How much higher? hard to tell what's the next resistance but using Fib Extension Levels are: $0.00034 (50%) $0.00036 (61.80%) $0.00039 (78.60%) $0.00044 (100%) $0.00056 (161.80%). MEMEs have been on fire, the big theme of this cycle.
Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is Overbought currently, based on RSI-14 levels (RSI > 70).
Support and Resistance : Nearest Support Zone is $0.00027, then $0.0002.
#FLOKI daily level target achieved, alert to fall back📊#FLOKI daily level target achieved, alert to fall back⚠️
💥As expected, the market successfully broke through the previous high and set a new all-time high.🚀
➡️From a structural point of view, a successful breakthrough means that greater room for growth has been opened at the weekly level. Although there is huge potential for future increases, we are currently in the daily-level target zone and it is impossible to chase the rise. If there can be a daily-level correction and the price returns to the buying zone, it will be very worthy of our attention. 👀
➡️Whether such a correction can occur or not is not important, what is important is to make corresponding trades in which area. If the market is as expected, then we will buy back the position we reduced in this selling zone when the price reaches the buying zone.⚙️
Let's see👀
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it
👋follow me. Learn about further structural evolution💕
BINANCE:FLOKIUSDT
FLOKIUSDT#FLOKI CRYPTOCAP:FLOKI Token Chart Update:
Looking at the chart, it has formed a beautiful pattern. First, it broke the ATH resistance and has maintained stability above the fib1 line. The next target is the fib1.618 level. Additionally, it has formed a cup and handle pattern, which indicates the same target.
So, we are ready for takeoff. Don't forget to fasten your seatbelts! 🚀
FLOKIUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower
Targets: 0.00022 - 0.00027 - 0.00035 - 0.00045
after first target reached move ur stop to breakeven
Stop: (depending of ur risk).
ALWAYS follow ur RM
risk is justified
Good luck everyone!
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It's not financial advice.
DYOR!
FLOKIUSDT.PHello Trader BITGET:FLOKIUSDT.P
I took it in the HH area, the 4H area for shorts. It is possible to go down first and consolidate first before experiencing a sustainable increase
take profit 10%
stop loss 3%
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Disclamer: Not Financial Advice