Elon Musk loves $FLOKIHello cryptofolks
In the previous analysis we talked about a crypto message from Elon Musk that we thought could be referred to $FLOKI
Yesterday we had the confirmation after the newest Elons Tweet where posted a meme that showing a Viking navy on the moon...
Flokiarmy are known as Viking army
So this tweet and behind the scenes support from Elon Musk is Bullish
Let's go now to Technical Analysis
4h TF is actually works as bigger time frame as the asset is still so fresh
So we will base our macro analysis on this TF for now
Technical indicators
MACD: Golden cross confirmation, histogram reversal green very Bullish
RSI: resistance breaked, so much rooms still to overbought zone that makes is so strong and Bullish
On the chart you find Fibonacci levels you can use em as targets/supports
And also so many great news for Floki Inu that is far more than a memecoin, it's literally an utility in the Gaming cyber space
Rumors about listing on Coinbase and Bybit
All this indicators and signals make me be bullish on Floki Inu
I think best strategy for now is buy and hodl
Who knows maybe it will be the next Shiba inu
Not financial advice always do your own research (lol)
-Goodluck