FLOKI ready for the next leg up?!Hi guys, a small update and my TA for Floki.
Wow! What a massive upwards movement! Congrats who took the ride. Why should you go long on TA perspective?
- The brown box is now acting as a support.
- On the lower time frames we see its moving in a falling wedge. In 2/3 cases it will break to the upside. You could trade it when its breaking out.
- RSI is cooling off.
- Volume is dropping. Could indicate for the next major move.
Keep om an eye on the next resistance 0000,27.
Good luck and happy trading!
FLOKIUSDT trade ideas
Floki possible path/UpdateThe target predicted in the previous analysis(Refer to the previous analysis) was touched beautifully and now we are facing the resistance range of the channel roof and a static resistance. Considering the market conditions, crossing this area is not out of mind, in which case the next target indicated in the image will be activated, otherwise, the price correction to the price range of $0.0000175603 will be possible.
three target for #FLOKIHello guys
I do not know how many of you are familiar with this cypro currency but i think it is proper for long position after touch #QML and reach to trendline...
after that there are three targets that i show on chart.
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment.
$FLOKIUSDT Super Duper Supernova! 🌙⭐️💫🌟✨What Is Floki (FLOKI)?
Floki (FLOKI) is the people's cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu.
Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “four flagship utility projects:”
An NFT gaming metaverse called Valhalla
A suite of decentralized finance products launched under the "FlokiFi" umbrella.
An NFT and merchandise marketplace called FlokiPlaces
A content and education platform called University of Floki
The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) that was named after a Viking character.
0.x26 to 0.x17 - how strong is the woof?Hi Floki's,
stay strong. I don't think we have a so called *cough* army. I have seen a lot in this space the past years - devilias, dramalias and so on...
If i'm wrong and this woof has really an army, you r allowed to buy this resistance like crazy.
Nice weekend!
Greetings
FLOKI INU Chart Analysis by me....If BTC start a bull run which we are seeing and make ALTH then we will see jump in the price of floki from 5 to 10x at the end of this year.....
Floki Inu has good community,Support from the world richest person #ELONMUSK and still listing on some bigger exchange make the Floki something special in crypto.......
#Crypto #Flokiinu #elonmusk #bullrun #longterm #HODL
FLOKI Daily-T Trade Setup>>>>>>>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
In the case of pass & close above broken down trend line in Daily-T frame,
We can entry long trade setup>>>>>>>>>
Short term support & resistance's marked on the chart.
This is not financial advise.
PLZ DYOR
With hopping success>>>>>>
Floki Inu - pressure from belowFloki is currently above the current yearly POC which is at 589 :) and still developing.
Usually the price runs into the next smaller POC which are the blue lines in my chart (monthly POCs from previous periods.
Unfortunately i couldn't find a chart with a POC from last year and to calc it by hand is a mess (at least for me :))
Explanation: POC is often called LIS - line in the sand. If price is above the LIS you can expect a bullish price movement and vice versa. Yearly POCs are the strongest, then monthly, weekly and so on. Usually the price is running from the strongest POC to the next strongest POC and will use POCs of lower timeframes as support and resistance.
Let's see what will happen :)
$FLOKI ready for it's big break-out?FLOKI had a perfect inverse 618 fibonacci retrace, & landed on the last positive extension there was left, without traveling into negative numbers. The price consolidated for several weeks, forming this wedge it is now ready to pop out of.
*Personal opinion, not trading advice. Trade at your own risk.
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Flocking to FLOKI/USDTFLOKI/USDT
🟢entry: $0.00002467- $0.00002267
❌stoploss: $0.00001749
🎯tp1: $0.00004066- $0.00004291
🎯tp2: to be determined as price action develops after listing
🔼potential %profit: +76.51%
🔽potential %loss: -26.11%
r/r: 2.93
🐹Bybit is currently holding a public vote to determine which of 5 coins will be listed on their exchange next.
🐹Based on early polling and social media sentiment, it appears highly probable that FLOKI will win the listing.
🐹Additionally, the FLOKI market on Huobi is showing significant increased and sustained trading volumes through the month of April, indicating large scale accumulation.
🐹Based on this information, I am entering an event-driven long trade in FLOKI.
🐹This a not a type of trade that I take frequently, so I am going to buy this coin on spot and use a wider stop-loss and take-profit. I consider this trade to be riskier than average.
🐹Price is right at a previous demand zone, so I am entering at/near market and up to 10% below market price.
🐹I will take-profit on half the position at the identified previous resistance zone.
🐹Stop-loss is arbitrary and solely based on my particular risk tolerance for this trade.
check back for updates as the position progresses.
feedback and constructive criticism is always appreciated.
✌️all good luck and always practice strict risk management!