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FLOKIUSDT

FLOKI INU Breakout or Breakdown?This chart should tailor to both technicians and fundamentalists. For those new to the world of crypto and/or charting and my page: My bias when it comes to price action will always favor fundamentals. Thus, all my TA will be complimentary to the fundamental data of the asset (volume). TA, imo, is/ only should be used as extra confirmations to fundamental data/analysis. I am always happy to answer questions, debate views/ analysis, and learn from fellow technicians who are looking to constructively agree or add alternative views. Please feel free to comment/ ask for further explanations. -How to translate the chart- Price Action/Trading range: 0.000035-0.00004 will be our local support and resistance (red box), to which we are attempting to break the current downtrend and reverse into a breakout resulting in ~20% leg up/ test of 0.000045, if postive volume follows this leg up, we could press to 0.000049. Though, I find this unlikely after the recent pump, its also more possible than ever. Due to market psychology, fomo, and recent growth in centralized exchange listings, FLOKI definitely has the ability to make new highs (in respect to kucoins chart here, as DEX pairs have data back to September of 2021, refer to FLOKIWETH pair). Volume/ Confirmations of Bullish expectations: -OBV- *Neutral until confirmed* On balance volume looking to confirm a local bottom Our recent moves upward are being supporting with higher highs and higher lows. However, to confirm bullish sentiment and have a healthy breakout above 0.00004, OBV will need to break the local resistance line (red) Please remember, Negative volume balance shows weakness. It shows that the asset falls on high volume and reacts upwards on low volume. This indicates that investors are worried about not being able to sell when something happens, and also hesitant to buy on rising prices. -NET VOLUME- *BULLISH* Ratio is positive (More buys than sells over the measured timeframe) -VOLUME OSCILATOR- *Bearish* Currently indicating a rise in price, with decreasing volume over the measured timeframe My Long call derives from shorter timeframes (4hr, 2hr2, 1hr), however, those need to hold and the chart shown above will begin to prove out the trend reversal. If price falls out of the wedge on the daily, new local lows are inevitable.
Long
by CryptoDeFiant
FLOKIUSDT Fibonacci support and more gain💡🚀Hello 🐋 Based on the chart, the price is in the parallel channel close to the triangle support (previous triangle resistance area ) and new volume recognize for the price, and it is close to the Fibonacci support level ✔️ 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 🐋
Long
by MadWhale
1
FLOKIUSDT retest of the triangle pattern and more range 📖💡🚀Hello 🐋 Based on the chart, the price is in the parallel channel close to the triangle support (previous triangle resistance area) and new volume recognize for the price ✔️ 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 🐋
Long
by MadWhale
1
Floki Inu Analyze(11/20/2022)🐶!!!One of my favorite meme coins is Floki inu🐶❤️. 🔆What Is Floki Inu (FLOKI)? Floki Inu (FLOKI) is a dog-themed meme coin, calling itself not a meme coin but “a movement.” It’s a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. The coin is named after Elon Musk’s Shiba Inu. Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “three flagship utility projects:” An NFT gaming metaverse called Valhalla. An NFT and merchandise marketplace called FlokiPlaces. A content and education platform called Floki Inuversity. The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) which was named after a Viking character. Floki Inu vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush’s social engagement leaderboards. Floki Inu has also partnered with CryptoCart, giving its holders the option to purchase items at over 1,700 stores through a partnership with CryptoCart ( CC ). It is also working on a similar partnership with Curate ( XCUR ) that would allow Floki tokens to be used as a payment method on the Curate physical goods marketplace. In addition, Floki Inu has muscled into the world of elite soccer — it's signed partnerships with top-flight clubs in Spain, Italy, India, etc. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- It seems Floki Inu is making the Symmetrical triangle. I expect Floki Inu can go up at least to the upper line symmetrical triangle (+40%) after breaking the important downtrend line. Floki Inu Analyze ( FLOKIUSDT ) Timeframe Daily⏰ (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
3
FLOKIUSDT breakout of the triangle pattern and more gain 📖💡🚀Hello 🐋 Based on the chart, the price is in the parallel channel close to the triangle resistance area and new volume ✔️ 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 🐋
Long
by MadWhale
2
FLOKI/USDT Analysis in 4H 😏Hi 🌱 As you can see in the 4-hour chart, this memecoin is located in an ascending triangle. After the formation of the first ascending wave in this triangle, the price entered the correction phase and corrected up to the 0.618 Fibonacci line; Floki is still completing its second bullish wave. If it can break this upward triangle, its targets are expected to be 42, 46, 51. Otherwise, breaking the downward trend line of the 10-12 region can prevent this meme coin from falling further. 💙 Arztoday Team Analyzer ✍: AR.Rashidi
by arztoday
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 🐋
Long
by MadWhale
5
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!
Long
by KennyCryptoNL
2