$FLOKI recovery trading planSEED_DONKEYDAN_MARKET_CAP:FLOKI , like all altcoins, was hammered when CRYPTOCAP:BTC had its -20% correction. But now it shows all the signs of recovering.
- The CRYPTOCAP:BTC correction seems to be over.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI has just launched a trading bot that is burning tokens every day.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI is on BNB and ETH chains, and will benefit from the ETH ETF cash inflow.
- The SEED_DONKEYDAN_MARKET_CAP:FLOKI team is the same as the $TOKEN (Tokenfi) project and Valhalla metaverse, so it is not just a meme coin that can rug you, It also has a stacking system that is working.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI is listed on all major exchanges (except Coinbase).
- SEED_DONKEYDAN_MARKET_CAP:FLOKI has all its tokens unlocked and has deflationary tokenomics. Already, 40% of the supply has been burned, locked in a public address.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI has an active community of holders. Check Telegram; it is not fake.
**Conclusion:** This project is safe, has an ecosystem, a true community, has existed for three years, and will perform very well this bull run. The risk/reward is high, considering that it is a meme coin that can do 50% in a month, but it also has a solid team with a proven track record to support the project.
**What is the situation?**
After a massive pump, SEED_DONKEYDAN_MARKET_CAP:FLOKI was destroyed by the CRYPTOCAP:BTC correction and is now recovering.
- The MACD is soon having a signal cross on the 1D timeframe, indicating a long bullish phase is coming.
- The RSI is in oversold territory, indicating that investors are likely to buy more.
- TOTAL2 is in the same situation, indicating a bounce for altcoins.
- SEED_DONKEYDAN_MARKET_CAP:FLOKI is in a raising trend, the long term is bullish, it is one of the rare coins safe to hold until the end of this bull run.
** Compare with others **
- $SHIBA: Already overvalued. Its capacity to rise is limited, and given the competition, it is even possible that it will lose market share to others and drop.
- CRYPTOCAP:DOGE : It has the support of Elon Musk, but like XRP and MATIC, it is a heavy truck that doesn't move much except for rare pumps. Not really a meme.
- SEED_DONKEYDAN_MARKET_CAP:BONK : This coin suffers from a lot of competition. Being on the CRYPTOCAP:SOL chain only is hard because of the heavy competition. It is on all exchanges, so it is still strong, but what about its future? It is a new coin, and most memes are launched on $SOL. Their stacking does not show any APR%? Red flag for me. Community is fake, check TG, only bots there.
- CRYPTOCAP:WIF : Manipulated coin. Check the website and the tokenomics; it will die before the end of this cycle if nothing changes.
- CRYPTOCAP:PEPE : Copyright infringement. Overvalued and at risk of disappearing if the author sends a DMCA notice to exchanges. I do not gamble my money with this coin.
- $BRETT: Supported by a lot of influencers at the moment. Attempting to be a legal CRYPTOCAP:PEPE by changing the color. Copyright is still infringed. Also, it is on Base. Will not last if Base doesn't last. Risky.
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If nothing major happens to CRYPTOCAP:BTC (such as a huge dump resulting in a flash drop to 50k), we are set for a massive leg up.
TPs are the Fibonacci levels, you can read them on the chart.
DYOR. Nothing is certain with crypto, so be careful when investing.
Flokiusd
#FLOKI / USDT inverted head and shoulder. What is next?CRYPTOCAP:FLOKI gained 20% yesterday, indicating that its previous consolidation phase has ended. Are we going to see more uptrend?
What do we know?
CRYPTOCAP:FLOKI has a motivated team with a roadmap to become the most traded crypto in the world!
CRYPTOCAP:FLOKI has just been listed on Coinbase perp futures, similar to CRYPTOCAP:BONK and $PEPE. This shows that it is likely following in their footsteps, albeit a little later; both saw a 50% increase after their listings.
CRYPTOCAP:FLOKI has some utility compared to other memes, with integration into TokenFi, use as the native currency of Valhalla (a metaverse), and other projects.
Regarding the charts, I see an inverted head and shoulders pattern, a bullish signal with a target of 0.0004754, which represents a 65% pump. This aligns with the pumps seen in CRYPTOCAP:PEPE and CRYPTOCAP:BONK after their Coinbase listings.
I also see a parabolic trend that seems to continue for now.
There is a bearish divergence due to a CRYPTOCAP:BTC dump, which pushed down the RSI in the middle of the uptrend. In my opinion, this will not have any lasting effect since it was due to an external, temporary factor, but it needs to be mentioned.
The take profits are the fib extension.
Not a financial advice, DYOR.
#FLOKI/USDT#FLOKI
We have a descending channel pattern on the 4-hour frame, the price is moving inside it and adhering to its borders well
We have a support area in green at a price of 0.000150 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the price upwards
Entry price 0.0001641
First target 0.0001914
Second target 0.0002530
Third target 0.0002970
FLOKI analysisAfter the bearish iCH in the internal structure, the price has created an internal pullback.
A trend line has also been broken, but the bullish momentum is very high. FLOKI's bearish trend is expected to be created from one of the two specified supplies.
By maintaining the resistance swap range, it can drop towards the targets.
The target can be demand at the bottom of the chart
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
FLOKI: Resistance BreakoutTrade setup : Price is in an Uptrend. Following a bullish breakout from Channel Down, price broke above $0.000316 resistance level, it's prior ATH. broke above ATH and resistance of $0.00031...going higher. How much higher? hard to tell what's the next resistance but using Fib Extension Levels are: $0.00034 (50%) $0.00036 (61.80%) $0.00039 (78.60%) $0.00044 (100%) $0.00056 (161.80%). MEMEs have been on fire, the big theme of this cycle.
Pattern : Resistance Breakout . Once a price breaks above a resistance zone, it signals that buyers have absorbed all the supply from sellers at this level and price can resume it's advance. Following a resistance breakout, the next closest resistance zone becomes a price target. Learn to trade key level breakouts in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is Overbought currently, based on RSI-14 levels (RSI > 70).
Support and Resistance : Nearest Support Zone is $0.00027, then $0.0002.
FLOKIUSDT#FLOKI CRYPTOCAP:FLOKI Token Chart Update:
Looking at the chart, it has formed a beautiful pattern. First, it broke the ATH resistance and has maintained stability above the fib1 line. The next target is the fib1.618 level. Additionally, it has formed a cup and handle pattern, which indicates the same target.
So, we are ready for takeoff. Don't forget to fasten your seatbelts! 🚀
#FLOKI/USDT#FLOKI
The price is moving in a bearish channel on a 1-day frame and is largely committed to it
The price rebounded well from the green support area at the support level 0.00012200, which is a strong level.
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.00016000
The first goal is 0.00022000
The second goal is 0.00025750
The third goal is 0.0002983
FLOKIUSD Wait for this pull-back and buy.Floki Inu (FLOKIUSD) hit the top (Higher Highs trend-line) of the 1-month Channel Up that started on the April 13 Low. Based on the price action that followed, we should now see a pull-back of at least -15% before the new Bullish Leg begins.
We expect that to go for a test of Resistance 1 before the Channel Up breaks parabolically upwards into the new Alt Season. As a result we will go for a short-term buy at -15% and target 0.0002650 (just below Resistance 1).
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FLOKI completed a setup for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of FLOKI with US Dollar pair.
Previously we caught almost 190% pump of FLOKI as below:
Now on a 4-hr time frame, FLOKI has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#Floki price at a crossroads before further movement 🔀Modern cryptans love to trade meme coins and there is nothing to be done about it)
If trading volumes are in the top 10, then we need to analyze the coin, today about SEED_DONKEYDAN_MARKET_CAP:FLOKI
Wave analysis suggests that there may be one more correctional wave down to $0.0001
But another memecoin CRYPTOCAP:PEPE with a similar pattern has updated its local price high in the last week.
The critical level is $0.00025
Depending on where the #FLOKI price is fixed: above or below it, it will determine the further trend for several weeks/months.
So, watch the #FLOKIUSDT price movement and make trading decisions with two possible scenarios in mind
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[FLOKIUSDT] - NEW ATH SOON!Breaking out many important resistance in daily chart:
- the descending channel , 50 ema ..
now extremly bullish and trading above 0.618 fib (golden level)
floki now top gainer in binance.
closing above the 0.618 meaning a new ATH is coming!
appreciating for supportingus with ur "like" and hit "follow" for more ideas🎯
FLOKI / FLOKIUSDTLet's see
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
FLOKI Technical Analysis and Trade IdeaRecently, FLOKI has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, there’s a pullback into a major resistance zone with a minor bounce off, and we’re on the lookout for another expansion and pullback to consider a short position if the price action turns out to be favorable. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your consideration.
Please remember, the content provided is solely for educational purposes and should not be taken as investment advice. Trading involves significant risk, highlighting the importance of consistently applying strong risk management strategies.
FLOKI Technical Analysis and Trade Idea
In this video, we delve into a prospective trading opportunity. Our analysis encompasses examining the prevailing trend, scrutinizing price movements, appraising market dynamics, and pinpointing a possible entry point under favourable circumstances, as elucidated in the video. It is crucial to incorporate sound risk management principles into your trading approach. As always, it is imperative to emphasize that this content is intended solely for educational purposes and should not be construed as financial advice.
FLOKI's Market BehaviorFLOKI is currently trading at 0.0002639, showing signs of consolidation after its recent upward movement. Here's a closer look at the technical aspects shaping its market behavior:
Support and Resistance: The absence of a clear resistance level above the current price suggests that the market is still in the process of establishing a new ceiling for FLOKI. The noted gap, indicated by the green line, points to a zone where the price might potentially retract and stabilize.
Main Support Level: The chart indicates a solid main support level that has been consistently holding. It’s a key area to watch for maintaining the current uptrend.
Relation to Bitcoin’s Activity: FLOKI has mirrored the general market trend, showing reactivity to Bitcoin's performance. The positive correlation means that a further rise in Bitcoin could propel FLOKI similarly.
The price action is within the Bollinger Bands, suggesting no immediate overextension of the price movement in either direction.
A significant trading volume of 11.639B reinforces the current price level, indicating a solid interest in the market.
The SMA is set at 0.00027077, slightly above the current price, which could act as a dynamic resistance in the short term.
The MACD histogram is slightly negative, suggesting a bearish divergence. This warrants attention, as it may prelude a potential slowdown or reversal in momentum.
Stochastic RSI is Currently low, suggesting that there might be potential for an upward price movement before becoming overbought.
Traders should monitor the support levels and watch for the MACD and Stoch indicators for signs of either a continuation of the current trend or a reversal. Given FLOKI's correlation with Bitcoin, movements in the primary cryptocurrency's market could be indicative of FLOKI's subsequent direction.
Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
FLOKIUSD: Strong correction is needed in order to reach 0.0010FLOKI INU has grown by an astonishing +1000% since February's lows and naturally is vastly overbought on its 1D technical outlook. Before a mega rally, Floki tends to drop below the 1D MA50, in order to gain accumulation. We will buy a week after it crosses under the 1D MA50 and sell near the 1.5 Fibonacci extension (TP = 0.0010).
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