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.
Flokibull
FLOKI buy for secendry bull📊Analysis by AhmadArz:
🔍Entry: 990 - 886
🛑Stop Loss: 736
🎯Take Profit: 1150 - 1235 - 1317
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FLOKIUSDT triangle pattern and more range 📖💡🚀Hello 🐋
Based on the chart, the price is in the parallel channel close to the triangle support area ✔️
if
the price doesn't break the support zone to the downside, we will see more gain, at least to our upper trend line 💣🚀
otherwise
we can see more correction to lower support level ❌🧨
if
breakout of the upper resistance zone be completed, we can see more pump to the upside ✔️🚀
👌 Notice: pay attention to the price on shortcut chart (located below the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
FLOKI ready for the next leg up?!Hi guys, a small update and my TA for Floki.
Wow! What a massive upwards movement! Congrats who took the ride. Why should you go long on TA perspective?
- The brown box is now acting as a support.
- On the lower time frames we see its moving in a falling wedge. In 2/3 cases it will break to the upside. You could trade it when its breaking out.
- RSI is cooling off.
- Volume is dropping. Could indicate for the next major move.
Keep om an eye on the next resistance 0000,27.
Good luck and happy trading!