FLOKI FLOKI FLOKI Is it be new bitcoin ? I guess so.
Currently Floki is trading at 0.000279 after retest 0.00023 of fib at 0.31 level. The next target would between 1.51 to 1.634 level of fib.
T-1= 0.00034
T-2= 0.00043
FLOKIUSDT.P trade ideas
#FLOKI Done With Retracement and Ready Again**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
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FLOKIUSDT is ready to lead the pack on a bullish journey! 🚀💎 Paradisers, #FLOKI has broken out of the Descending Channel and formed a 'W' pattern at the bullish Order Block (OB) level, which enhances the probability of a bullish move.
💎 If #FLOKIUSDT breaks above the resistance level, we can target the next resistance levels. Remember, we need a confirmed candle close above this level.
💎 In the case of a pullback, we can anticipate a bounce from the Bullish OB level. We might see a potential double or triple bottom pattern here, improving our risk-to-reward ratio, making this scenario more favorable for entries.
💎 However, if the price breaks down below the bullish OB level, it would be better to disregard this setup and wait for more favorable price action to develop.
FLOKIUSDt resistance breakoutFLOKIUSDT Technical analysis update
FLOKI price is breaking above a trend resistance line on the 4-hour chart with high trading volume. and the price is trading above both the 100-day and 200-day EMAs.
Buy zone : Below $0.195
Stop loss : $0.160
Regards
Hexa
FLOKI: Bullish Momentum Ahead! Keep an Eye on Key Levels💎 FLOKI has formed a cup and handle pattern and successfully broken above the resistant zone, which is now expected to act as support, indicating a potential bullish movement.
💎If FLOKIUSDT retests the broken resistant zone and forms a bullish candlestick pattern, we can anticipate a bullish movement towards the next resistant zone. Conversely, if the price falls below the resistant level, we may expect a bounce from the demand area.
💎However, if FLOKI breaks down below the demand area, it would signal a bearish structure, and it would be advisable to avoid trading it in that scenario and wait for more clarity in price action.
FLOKI/USDT's Hourly Head and Shoulder Pattern Sparks Excitement!💎Hey Paradisers, let's focus on FLOKI/USDT. Looking at the 1-hour chart, we can see a head and shoulder pattern forming, with a notable emphasis around the 200 EMA. The right shoulder appears smaller than the left, suggesting the bears are in control.
💎There's a chance the price might drop below the demand zone and the pattern's neckline at 0.00002210, possibly leading to a bearish movement. What's on our radar? The price could potentially decline towards the demand zones, with the first target at 0.00002912 and a deeper target at 0.00002177. However, if the price surges above the right shoulder, it could disrupt this pattern. Stay tuned, Paradisers, for more updates and happy trading!
MemeSeason Pick. FLOKI. With the recent developements in Floki, it's fundamentals are too strong for mid-term. Elon's post about it, combined with Binance.US listing and a month later Binance listing, not delisting it in US during the recent SEC brawl combined with the lowest market cap among all the memcoins listed on Binance.
I see a strong downtrend being broken in the upcoming weeks in 1D and 1W Time Frame.
And I see a Symmetrical triangle being formed in 4HR TF breaking out soon.
Strong TA and FA leading to a target of around 80-100%.
floki usdt long Technical analysis:
. floki is in a range bound, and the beginning of an uptrend is expected.
Take Profits:
TP1= @
TP2= @
SL=
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I'm bullish on Floki inu!It looks like floki is forming Bull Flag pattern just couple of hours left for bullish momentum soon we will find out a new trand.
