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FLOKI / UST

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FLOKIUST trade ideas

FLOKIUSDT.1DThe daily chart of FLOKI/USDT demonstrates a developing bullish pattern, with the price navigating through a significant resistance zone. This analysis aims to assess the price dynamics, highlight key resistance and support levels, and interpret the potential movement indicated by technical indicators. Price Action and Structure: FLOKI/USDT has recently exhibited a bullish trend, breaking above a key resistance-turned-support level at $0.00019908 (S1). The current price near $0.00026837 suggests that the asset is testing resistance within an upward trajectory marked by a long-term ascending resistance line. Resistance and Support Levels: Resistance Levels: Immediate resistance is observed at $0.00031642 (R1). Overcoming this level could pave the way for the price to test further highs at $0.00034900 (R2), aligning with historical peaks and the resistance line. Support Levels: The first major support level is at $0.00019908 (S1). This level previously acted as resistance and could now provide significant support in case of retracement. Additional support exists at lower levels, but the immediate focus is on maintaining above S1. Moving Averages: The price moving above the previous resistance at $0.00019908 and maintaining this level suggests bullish momentum, confirmed by the alignment above dynamic support lines. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is currently in positive territory, with the MACD line above the signal line, indicating continued upward momentum. The histogram also supports this with a positive reading, suggesting bullish market sentiment. RSI: The Relative Strength Index (RSI) is at a moderate level, providing room for further upward movement without immediate concerns of being overbought. Conclusion: FLOKI/USDT is positioned in a bullish setup, with the potential to challenge and possibly break above the immediate resistance at $0.00031642 (R1). Successful navigation above this level could lead to testing higher resistance at $0.00034900 (R2). Given the current MACD and RSI readings, the asset shows potential for continued bullish behavior. However, maintaining support at $0.00019908 (S1) is crucial for sustaining the upward trend. Traders should watch these levels closely, preparing for possible volatility as the price approaches these critical junctures.
Long
by MarsSignals
who wants 2.5x profit?!hello guy. let's analyze Floki! 1. Chart Overview: - The chart is of Floki Inu (FLOKI/USDT) on a weekly timeframe. - Current price: approximately 0.00015197 USDT. - The chart displays a rounded bottom pattern, a bullish reversal pattern. 2. Key Patterns: - Rounded Bottom and a cup and handle pattern: The chart shows a clear rounded bottom pattern starting from late 2021 to mid-2023. This pattern indicates a gradual shift from a downtrend to an uptrend, suggesting a potential long-term bullish reversal. - Ascending Channel: After the rounded bottom formation, the price is moving within an ascending channel, marked by two parallel trendlines. 3. Support and Resistance Levels: - Support: The lower boundary of the ascending channel acts as a dynamic support level, currently around 0.00012000 USDT. - Resistance: The upper boundary of the ascending channel is a dynamic resistance level, around 0.00036000 USDT. Additionally, there is a significant resistance level at approximately 0.00034692 USDT, marked by the blue horizontal line. 4. Price Target: - Based on the measured move from the breakout of the rounded bottom to the current trend, the immediate price target is around 0.00034692 USDT. This represents a potential upside of 228.15%. 5. Potential Price Movement: - The price is expected to continue moving within the ascending channel, respecting its boundaries. - A breakout above the resistance level at 0.00034692 USDT could lead to further bullish momentum. In contrast, a breakdown below the support level of the ascending channel would indicate a potential bearish reversal. Summary: The weekly chart of Floki Inu (FLOKI/USDT) displays a bullish rounded bottom pattern followed by an ascending channel. The price is likely to continue its upward movement towards the target of 0.00034692 USDT, provided it stays within the ascending channel. Key support is around 0.00012000 USDT, and the significant resistance level is at 0.00034692 USDT. This analysis suggests a bullish outlook with a potential upside of over 200%. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
13
Floki/Usdt - Swing PositionDate: 06/12/24 Name: FLOKI/USDT Market cap $2.22B 1.95% Volume (24h) $595.72M 5.88% FDV $2.24B Vol/Mkt Cap (24h) 26.80% Total supply 9.67T FLOKI Max. supply -- Circulating supply 9.60T FLOKI Daily Time Frame – Swing Position – Long! Reasons to be Bullish Case: 1) Structure: Market Structure shift 2) Current phase: Pull back and consolidating (at Support), generating liquidity both side. 3) Overall trend: Continuation of Bull Trend. (4) Internal: Structure Shift towards upside, pull back done, ready to sky rocket (5) Important Key notes: . - Consolidating in a larger range for the last 272 days, - Currently holding mid range as its support and key level on Daily Time frame range. Worst case Senerios: 4) Bitcoin is currently at All time high, liquidation flush remaining ($75k – $80k) 5) Due to liquidity generated and Demand zone sitting below. 6) if $0.00020327 is not hold, then we can see further buying opportunities on marked point of interests. 7) Invalidation below $0.00011339 Trade Plans: BUY CMP: $0.00023110 DCA: $0.00017818 – 0.00013438 Invalidation: $0.00011339 Trend Based Fibionacci Targets: Target 1: $0.00043249 Target 2: $0.00063037 Target 3: $0.00075268 Target 4: $ 0.00095055 **This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **
Long
by zain9674
1
FLOKI - To The MoonAs cyrpto market is booming rapidly, Floki is still awaiting for a Massive Bull Run. Above levels are to be tapped in coming months as far as below support holds. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Long
by MarketsPOV
1
Floki/UsdtBINANCE:FLOKIUSDT 🚨 **Floki Coin Price Update** 🚨 - **Current Price**: **$0.00022342** 💲 - The price was **rejected** at **$0.00025234** 🔴, which is a key **resistance level**. - If the price **does not hold** at **$0.00022342**, the next **support** area to watch is **$0.0002000** ⚠️. - However, this support is **weak**, and the price may struggle to stay above it. - In case the price falls further, the **next downside support** level is **$0.00018344** ⬇️. **Important Note**: 🔔 **This is not financial advice**. Always do your own research and assess the risk before making any trading decisions! 📊
by Wolftrader1337
2