Alikze »» FLOKI | Upward wave 5 scenario🔍 Technical analysis: Ascending wave 5 scenario - Ascending triangle corner pattern
- In the 1W timeframe, a zigzag correction was preceded by an inability to break through the supply zone.
- Zigzag modification has formed an ascending angle triangle pattern.
- According to the bullish structure and behavior, it can have another bullish cycle.
- Currently, it has left the corner of the ascending triangle and has faced selling pressure in the supply area.
- Therefore, it can break the supply zone after the pullback to the broken structure and move to the next supply zone.
- This rising log can be wave 5 and the last wave of the rise, which can rise at least as much as the previous wave (wave 3). Or to be able to grow as much as the previous log.
💎Therefore, according to the size of the previous log, which has grown by more than a thousand percent, this log can grow by almost 1000 percent from the floor before the growth modification.
⚠️ Note: If the bottom is touched before, the zigzag correction will be complicated and the analysis will be invalid and need to be re-checked. ⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:FLOKIUSDT
FLOKIUSDT.P trade ideas
Floki inuIt seems Floki has started an uptrend wave weeks ago, when in January it broke the long triangular pattern and then pumped up. After that, Floki entered a correction wave which unfolded in a symmetrical triangle pattern; again. Moreover, recently price broke the corrective triangle pattern, thus another impulse wave is not far off.
P.S. Be aware that Floki is a meme coin and a sudden pump or dump could happen.
FLOKI - WHERE IS THE TOP?
You also have to know how to check for correlation in various coins to have a clue on the direction of the trend in a particular timeframe. Such is the like of this BINANCE:FLOKIUSDT and BINANCE:FETUSDT but it doesn't stop here, there is more and I'll be showing them to you one after the other.
Presently FLOKI is at the end of second phase of what I call EXPANSION, while some might call it WYCKOFF DISTRIBUTION, similar to the BINANCE:ENSUSDT price action
Meanwhile, for the CLASSICAL ANALYST, you can get your confluence from the CHART PATTERN you're looking for which in this case is an INVERSE HEAD & SHOULDER
So what is the point exactly? the point is BINANCE:FLOKIUSDT is still bullish short to mid term but I must warn you, do not be like the SHEEP FLOCK (moon-boys) that herd for slaughter by setting ridiculous target because as usual, at the new expected high they will be singing their chorus again "too the moon" but that is the area ($0.0004 - 0.0005) where BINANCE:FLOKIUSDT will end it bullish journey and resume it mid term bear market which could even extend to long term.
For more confluence, we switch to the Elliott Wave Theory and as stated on the previous analysis (see my page for context) we are still on the 4th wave (yellow) and we have to finish a 5th wave which will take us to another new All Time High ($0.0004 - 0.0005).
Still more confluence, see the trendline price respected twice (red hammer icon). Now that same trend line is a good location for future re-visit plus the 110% Fibonacci Level rest perfectly well there.
In conclusion everything so much align with that area ($0.0004 - 0.0005). That is where I will exit all my position on FLOKI and start looking for a bearish setup that I will be riding to the Low - Mid Optimal Level.
Finally the invalidation level (stop loss) is at the red-dotted line.
OTHER ANALYSIS
BINANCE:FETUSDT
BINANCE:ENSUSDT
BINANCE:CYBERUSDT
BINANCE:BTCUSDT
BINANCE:FTMUSDT
$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
Here's an update PEPE AND FLOKIHere's an update on 💰 CRYPTOCAP:PEPE & 💰 SEED_DONKEYDAN_MARKET_CAP:FLOKI :
Both CRYPTOCAP:PEPE and SEED_DONKEYDAN_MARKET_CAP:FLOKI are showing promising signs with bullish pennant formations on their charts. 👀 This pattern often signals potential breakouts, suggesting that significant upward movement could be on the horizon.
Could this be the beginning of #memeseason? 🤔
Time to watch these tokens closely. 🚀
Floki (FLOKI):Possible MSB (market structure break) To Happen?Floki coin might be setting up for a nice MSB (Market Structure Break). On the daily timeframe, we’re focused on fair-value gap zones, while on the hourly timeframe, we’re watching the MSB zone. This zone will determine if we see a breakout and upward movement or a rejection and downward movement. 👀
More in-depth info is in the video—enjoy!
Swallow Team
Is FLOKI Ready to Flex? Let’s See if It Holds at 11150
The price of FLOKI/USDT is currently testing the significant support level at 11150, a level that has previously acted as a strong foundation for bullish rebounds. This area presents an attractive buying opportunity with a favorable risk-to-reward ratio of 4:1, targeting the next major resistance at 17699.
A successful bounce from this support could see a move toward 17699, providing solid profit potential. Traders should keep a close eye on 11150; holding above this level strengthens the bullish case, while a breakdown could lead to further downside.
👨🏻💻💭 Ready for the FLOKI rally? Drop your thoughts below and let’s ride this wave together!
_________________________________________________________________
The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
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 Inu Major Drop Now Imminent: Prepare For The Crash!I remember we traded Floki Inu successfully on the bullish side, it was a nice ride, do you remember? Market conditions have changed.
Notice the huge green candles in February 2024, these are about to be reversed; the mirror image. The same that happened in February 2024 as bullish you will see now as bearish.
Floki Inu (FLOKIUSDT) peaked in March 2024. It produced a higher high in June as part of an irregular correction, it has been moving down since.
A major low was hit in early August and after more than 80 days of sideways there is no signification bullish action, which tells us that we are seeing a bearish consolidation phase; Floki Inu is now in distribution.
The highest buy volume came in March. After March, the biggest volume bars are red. Mostly selling, selling pressure and lower prices; a crash comes next.
The two main support levels are mapped on the chart. It will be epic. If you are still holding this pair, RUN!
Namaste.
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.
Floki / UsdtBINANCE:FLOKIUSDT
Floki Coin Analysis
Current Support Zone: 0.00014565
Next Resistance Level: 0.00017500
Key Points:
If the price holds at the support level, it may have potential to rise towards the next resistance.
If it breaks below the current support, downside targets could be 0.0001300 or 0.0001111.
Note: This is not financial advice; always do your own research before making investment decisions.
flokiusdt has previously achieved more than 1000% timesThe coin KUCOIN:FLOKIUSDC has previously achieved more than 1000% times , and now is a new opportunity to invest in it.... ... There will be a slight rise as shown in the figure (No. 1)... and then the price will drop to the levels specified in No. (2)... Here you can start buying to invest... The currency will achieve family increases in this wave, don't miss it.