FLOKIWETH_CA7C27 trade ideas
Floki still needs more correction to prepare for the 3rd wavecrab harmonic pattern:
X=2.14e-7
A=8e-10
AB=0.38 XA
BC=0.38 AB
1.6 BC=1.15e-8
2 BC=1.57e-8
2.24 BC=1.91e-8
*2.6 BC=2.6e-8
*3.6 BC=5.92e-8
0.78 XA=6.51e-8
4.23 BC=9.83e-8
0.88 XA=1.13e-7
1.13 XA=4.42e-7
6.85 BC=8.38e-7
1.27 XA=9.75e-7
1.41 XA=2.1e-6
*1.6 XA=6.7e-6
$floki/weth- amazing accuracyUsing the fib retracements from the prior 2 moves...its hard to not believe it isn't programmed. NAILING the 3.618 on the NOSE immediately following each of the past two corrections. this last one has actually been the biggest correction after toe tapping the the 0.268 retrace level. It had previously only gone to the .386.
Not financial advice. do your own research. these are my notes for personal reference and benchmarking purposes only.
FLOKI Price Action Range| Declining Volume| Trend| Accumulation Evening Traders,
Today’s analysis – FLOKI – trading in a price action range before another potential expansion,
Points to consider,
- Price Action impulsive
- Rotational Period
- Accumulation
- Declining Volume
FLOKI’s immediate price action is rotational, hinting towards a possible accumulation phase allowing for a bullish bias.
The current volume profile is declining; an influx is highly imminent when an expansion occurs.
This period can remain rotational for an extended time, thus the define price action range is the boundary.
Overall, in my opinion, FLOKI is a valid long with defined risk, price action is to be used upom discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
‘’No one strategy is correct all the time’’.- John Paulson
FLOKI/USD - Bounce on support. Buy opportunities! 😻FLOKI INU has been correcting from its all-time high and we've now reached a key support level which was tested again yesterday.
We bounced as expected, but any future retests of this level present some good buy opportunities for a longer term position until the bull market tops.
FLOKI is still flying under the radar and may explode at any moment, keep your eyes on it.
Like and follow if you liked my idea!
FLOKIWETHif you were looking for a late entry to floki
this would be it
the support at .618 seems rock solid someone prbly accumulating at those levels...
if this last retest of the .618 proves to be deviation out of that bearflaggy structure
and the price goes back up there then this would look more like vertical accumulation than a bearflag breakdown
which would also give the moonbag target marketcap markup
shib and doge markup already was happening today
so maybe ok to expect a floki markup here as apparently dogcoin season is a thing in crypto lol
$FLOKIWETH (fm Elon Musk)Meet Floki Inu, the new community owned meme coin!
Floki Inu is one brave puppy. A new crypto coin birthed by fans & members of the Shiba Inu community. Floki Inu is Elon Musk’s very own shiba inu and he’s hungry for outer-space treats! He’s hyper-deflationary and built to reward you, so more Floki Inu coins are added to your wallet with each transaction. This lil puppy is a space explorer - simply love, pet, and watch your Floki Inu fly to Mars!
FLOKIWETH Dynamic S/R| Price Action| Trend| Swing High Evening Traders,
Today’s analysis – FLOKIWETH – Trading with consecutive higher lows where a trend continuation is probable,
Points to consider,
- Price Action Trending
- Dynamic S/R Support
- Swing High Objective
- Low Volume
FLOKIWETH’s immediate price action is trading with consecutive higher lows, allowing for a bullish bias.
The Swing High is the immediate objective, exceeding this level increase the probability of a trend continuation.
The current volume profile is below average, an influx is highly imminent when an expansion occurs.
Overall, in my opinion, FLOKIWETH is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Never let a win go to your head, or a loss to your heart.” – Chuck D.