Floki Is Ready For New ATHFloki/USDT is currently trading within a defined range, forming a box setup on the chart. This indicates a consolidation phase, where the price is accumulating strength for the next significant move.
Box setup details:
- Support (bottom of the box): This level acts as the accumulation zone, where buyers typically step in. Ideal for entries during pullbacks.
- Resistance (top of the box): This is the breakout level. The price needs to close above this area on higher timeframes to confirm a bullish continuation.
Trading strategy:
1. Entry strategy:
- For spot trades: Enter near the support level within the box. Hold patiently for potential upside.
- For leverage trades: Use lower leverage and wait for the price to either bounce off the support zone or confirm a breakout above the resistance with volume.
2. Targets:
- First target: 20-30% (if the price moves to the midpoint of the box).
- Second target: 50% (if the price nears resistance).
- Final target: 100% or more after a confirmed breakout.
3. Stop-loss:
Place your stop-loss slightly below the support zone to protect against downside risk in case of a breakdown.
4. Breakout confirmation:
A breakout above the top of the box, confirmed with increased volume and a strong candle close, can lead to a powerful rally.
Remember, patience is key with box setups. Always manage your risk and trade responsibly.
FLOKIUSDT
#FLOKI/USDT Ready to go higher#FLOKI
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.00025000
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.00026143
First target 0.00027413
Second target 0.00028582
Third target 0.00029933
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%.
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❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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WHAT DO YOU THINK!!!Hello friends
This MEMECOIN has been placed in a TR for a long time with a start of a strong upward movement.
Now, according to the good conditions of the market, we expect it to move to the specified targets in case of failure of its TR...
Don't forget capital management.
Be successful and profitable.
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! 📊
Focused on the Upcoming Retest of $FLOKIWith SEED_DONKEYDAN_MARKET_CAP:FLOKI pushing past the liquidity north of 0.0003, I'm now focusing on a potential retest of the breakout range.
Will it happen? Only time will tell. But this is the level I’m eyeing for a potential bid.
If it loses 0.0002, I’ll consider the entry point a confirmed opportunity BINANCE:FLOKIUSDT
FLOKIUSDT - preparing for another bullish rallyweekly chart is promising as it's obviously that after every accumulation floki going bullish
the accumulation in blue is different of other.
it's biggest ,
stabled at great support (weekly 0.618 fib)
so closing of the previous ATH , and obviously there are many retesting of it
incase of breakout the previous ATH price will make a 200% in bullish rally
Best regards Ceciliones🎯
#FLOKI Reach the ideal target area📊#FLOKI Reach the ideal target area✔️
The ideal target area has been fully achieved
You can choose to sell all or keep only a small part of the position to look forward to the possibility of breaking through the historical high.
If the historical high is successfully broken, it means that the monthly level bullish structure is established, and we will open up higher upside space
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯 BINANCE:FLOKIUSDT
FLOKI ANALYSIS (update)🔮 #FLOKI Analysis - Update 🚀🚀
💲 As we said earlier #FLOKI performed the same. More than 85% done move done in #FLOKI. And there is an instant resistance zone. We would see a little retest first then a pump
💸Current Price -- $0.00025677
📈Target Price -- $0.00028000
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#FLOKI #Cryptocurrency #Breakout #DYOR
Is #FLOKIUSDT Poised for a Breakout or a Breakdown?Yello, Paradisers! Are you prepared for a potential explosive move in #FLOKIUSDT? The market could be setting up for something big let’s break down the latest signals and what they might mean for you.
💎 #FLOKIUSDT is signaling a potential bullish continuation from the critical demand zone at $0.00013972. The price has been holding strong momentum above this key level, suggesting that if it can continue to sustain, we could see a significant upward move.
💎For a while now, #FLOKI has been respecting a descending resistance, but there’s a shift in the air. Recent attempts to break above this resistance have come with increased momentum, particularly around the crucial demand zone. If the price continues to maintain strength here, we could be on the verge of a bullish rally, potentially driving the price toward the next internal resistance at $0.00017791.
💎Confirmation is key. To validate this bullish scenario, we need to see a decisive break above $0.00017791, accompanied by strong engulfing candles and sustained upward momentum. Without this confirmation, it’s wise to stay cautious and avoid rushing into trades. Premature entries could expose you to unnecessary risk.
💎 Stay alert for downside risks: If momentum falters at the demand zone, we could see a drop towards the lower support at $0.00010971. Should the price close below this support level on a daily timeframe, the bullish outlook could be invalidated, potentially leading to deeper declines.
💎Monitor #FLOKI closely, Paradisers! The market can shift quickly, and it's crucial to be prepared for different outcomes. Remember, disciplined and patient trading is the cornerstone of long-term success. Avoid emotional decisions, focus on high-probability setups, and always prioritize consistency over chasing quick profits.
Stay sharp and trade smart!
MyCryptoParadise
iFeel the success🌴
Why Crypto Memecoins are Winning Hearts & Wallets ? The Memecoin Supercycle
The Rise of Memecoins as Dominant Players
- Performance Trends: Memecoins are currently outperforming other crypto asset classes, signaling a shift from the uniform growth of all cryptocurrencies to selective surges in niche categories.
-Data Driven Insight: Among the top tokens, memecoins constitute a significant portion of those that have outperformed Bitcoin year2date
Structural Issues in Traditional Crypto Projects
-Overproduction and Valuation Problems:
- The market is flooded with tokens leading to oversaturation and inflated valuations.
- Many altcoins are launched with extremely high valuations, often benefiting insiders while retail investors bear the losses.
-Centralization: Despite the decentralization ethos, token distributions are often controlled by insiders, alienating retail investors.
Why Memecoins Thrive?
-Market Fit: Memecoins resonate with retail investors due to their simplicity, cultural relevance, and the promise of community-driven gains.
-Speculation and Momentum:Memecoins capitalize on speculative dynamics and community participation, often generating cult-like followings.
- Emotional Utility:Beyond financial returns, memecoins provide entertainment, identity, and a sense of belonging—qualities overlooked by tech-driven tokens.
External Factors Boosting Memecoins
-Economic Pressures: Inflation, income inequality, and job insecurities are pushing individuals toward high-risk, high-reward opportunities.
-Cultural Shifts: With declining influence of traditional institutions like religion, people are gravitating towards digital communities and narratives, such as those offered by memecoins.
Memecoins vs Traditional Altcoins
-Token Dynamics: Memecoins simplify the crypto experience by focusing on the community and token without overcomplicating with software utilities.
-Competitive Advantage:Memecoins are described as “better products” for retail investors due to their accessibility, liquidity, and lack of insider-driven dilution.
Predictions for the Future
-Market Growth: there is a chance for $1 trillion market cap for memecoins, with some reaching valuations above $100 billion.
-Shift in Dominance: Memecoins are expected to occupy a more significant share of the crypto market, outperforming utility-focused tokens and tech-backed assets.
-Institutional Adoption: Venture capitalists and traditional finance players are likely to pivot toward memecoins as they recognize their market potential.
Implications for the Crypto Industry
-Reevaluating Narratives: Memecoins challenge the tech-first narrative of crypto by emphasizing community-driven growth and speculative value.
-Tokenization of Faith:Memecoins symbolize a broader trend of financializing belief systems and creating "mini religions" around digital assets.
-Retail-Centric Approach: The success of memecoins highlights the importance of catering to retail investors' aspirations for financial gains, fun, and community.
Long story short
the memecoin supercycle is not only a reflection of market trends but also a response to broader societal changes. Memecoins have become a powerful force in the crypto landscape by aligning with the emotional and speculative desires of investors. As the industry evolves, their role as cultural and financial phenomena is likely to grow, reshaping how we perceive and participate in cryptocurrency markets.
Which meme coins do you think will pump 100X soon? and why!?
BabayDoge VS Floki | ALTCOINS | WHICH can MOON ?Comparing B abydoge to Floki in this analysis.
Both are memecoins , and both have digits for days.
However, the one is evidently a pump-and-dump coin that showed no growth so far, whilst the other looks a little more promising ( for a memecoin at least ).
I'd still prefer DOGE and SHIB, but there are interesting trading opportunities in these two alts. First after a retracement, BabyDoge is likely to be the next one to make large increases since Floki is already trading close to its previous ATH.
More on DOGE VS SHIB here :
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MEXC:BABYDOGEUSDT BINANCE:FLOKIUSDT
FLOKIUSDT: Retest Complete. Is a Dogecoin-style Rally Next?BINANCE:FLOKIUSDT has made a strong breakout from its triangle pattern, followed by a solid retest of the support level. This setup indicates a potential bullish move, with the possibility of following a similar trajectory as Dogecoin. With the current hype surrounding meme coins, SEED_DONKEYDAN_MARKET_CAP:FLOKI could be gearing up for a pump. As always, remember to trade cautiously and consider managing risk by only using a portion of your capital. Let’s see if BINANCE:FLOKIUSDT can ride this momentum to new highs!
BITGET:FLOKIUSDT.P Currently trading at $0.000197
Buy level: Above $0.000177
Stop loss: Below $0.000142
TP1: $0.00022
TP2: $0.0003
TP3: $0.00045
TP4: $0.0008
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
#FLOKI/USDT#FLOKI
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.00010300
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.00001120
First target 0.0001500
Second target 0.0001755
Third target 0.0002128
$FLOKI on 1W is looking bullish for the months to comeSEED_DONKEYDAN_MARKET_CAP:FLOKI is undergoing a significant correction after experiencing a massive pump eight months ago. It takes time for all the indicators to reset, and while SEED_DONKEYDAN_MARKET_CAP:FLOKI may not seem to be keeping pace with other coins like CRYPTOCAP:DOGE , this is largely because the 1-week oscillators aren’t yet in the green.
However, this is about to change.
The MACD is nearing a bullish crossover, and the RSI is low. This suggests we’re heading toward a sustained pump and potentially a new all-time high in the coming months.
Be patient; we’re still within my green buying zone, so it’s not too late to fill your bag. Better days are ahead!
Check my other forecast, my prediction are usually accurate, follow me for more.
DYOR
FLOKIUSDT.P
To Whom It May Concern,
This is an analysis of FLOKI, another memecoin, on the daily chart. My outlook leans towards the bearish side.
The trend is declining within a weekly gray parallel channel. Since August 5th, the price has made a series of lower lows (see the green trend line) but has been rejected by both the 200-Day MA and the upper part of the channel.
It appears a triangle is forming, with low volume for the bulls. My bearish bias is supported by the two resistance levels above the price: the 200-Day MA and the upper side of the parallel channel. My bullish bias, however, is based on the higher lows along the green trend line.
Overall, my stance is bearish, as the longer-term resistances present a stronger obstacle than the green trend line support.
If you have any questions or comments, please feel free to share.
As always, this is not financial advice. Stay safe and focused!
FLOKIUSDTFLOKISDT.
Will ARUSDT get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.000211 followed by 0.000400.
What you guys think of this idea?
FLOKI | Meme Season Coming?Shiba killer is back?
Recent Binance news indicates that the U.S. arm of the world's largest exchange, is all set to list the popular memecoin Floki
Days after recognizing Shiba Inu’s full potential as a result of an internal review and its subsequent delisting from the Binance’s experimental “innovation zone”, the U.S. arm of the world’s largest crypto exchange announced that it will offer Floki, another flagship cryptocurrency from the memecoin genre. On Monday, April 24, the California-based Binance exchange notified its millions of users about the upcoming Floki listing which would initially be paired with both USD and USDT support. The trading for the token is said to go live tomorrow, April 25, 2023 at 5 a.m. PDT / 8 a.m. EDT. However, according to the announcement, the deposit function for FLOKI tokens are currently enabled for users to fund their crypto accounts. Binance has created seven new liquidity pools for crypto including Bitcoin, Shiba Inu, and Dogecoin in response to the growing demand for such cryptocurrencies. Moreover, emerging memecoins like Bone ShibaSwap (BONE), ArbDoge AI (AIDOGE) pumped more than 10% on news of a major exchange listing today.
As a direct consequence of this, many in the crypto community are speculating of an impending memecoin rally where market participants anticipate higher retail engagement as an increasing number of exchanges provide support for these altcoins. However, such price movements are heavily dependent on Bitcoin and a further decline from its current levels of FWB:27K would turn out to be devastating for the larger crypto market.
FLOKIUSDTI am expecting FLOKI to bottom out around 0.00013002 before making it's next leg up. If FLOKI breaks below these levels we are in for further downside. Should BTC break 60k we could possibly see alts bleed, however if we can find support at these levels we should she some significant upward gains.