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FLOKI / TetherUS

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FLOKIUSDT trade ideas

Is FLOKI Ready to Flex? Let’s See if It Holds at 11150 The price of FLOKI/USDT is currently testing the significant support level at 11150, a level that has previously acted as a strong foundation for bullish rebounds. This area presents an attractive buying opportunity with a favorable risk-to-reward ratio of 4:1, targeting the next major resistance at 17699. A successful bounce from this support could see a move toward 17699, providing solid profit potential. Traders should keep a close eye on 11150; holding above this level strengthens the bullish case, while a breakdown could lead to further downside. 👨🏻‍💻💭 Ready for the FLOKI rally? Drop your thoughts below and let’s ride this wave together! _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Long
by 3Commas
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!
Short
by vagada
Floki Inu Major Drop Now Imminent: Prepare For The Crash!I remember we traded Floki Inu successfully on the bullish side, it was a nice ride, do you remember? Market conditions have changed. Notice the huge green candles in February 2024, these are about to be reversed; the mirror image. The same that happened in February 2024 as bullish you will see now as bearish. Floki Inu (FLOKIUSDT) peaked in March 2024. It produced a higher high in June as part of an irregular correction, it has been moving down since. A major low was hit in early August and after more than 80 days of sideways there is no signification bullish action, which tells us that we are seeing a bearish consolidation phase; Floki Inu is now in distribution. The highest buy volume came in March. After March, the biggest volume bars are red. Mostly selling, selling pressure and lower prices; a crash comes next. The two main support levels are mapped on the chart. It will be epic. If you are still holding this pair, RUN! Namaste.
Short
by AlanSantana
1
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.
by moonypto
27
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
by ferulianov