๐ถOne of my favorite memecoins is Floki Inu(FLOKI).
๐Today, I want to share with you an analysis of Floki Inu(FLOKI) that shows us a โ40% growth probability for it (be sure to observe capital management).
๐กThe upside of Floki Inu(FLOKI) is that it has little Correlation with Bitcoin.
โ Floki managed to form a Falling Wedge Pattern in the ๐ขHeavy support zone๐ข.
๐จAlso, Floki Inu(FLOKI) broke the SMA(50), which is a good sign for its price to rise.
๐กAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
๐Although the Death Cross Signal is visible on the chart, I still expect the volatility to rise(โ40%) to at least the Downtrend line after the break of the upper line of the Falling Wedge Pattern.
๐โ ๏ธDeath Cross Signalโ ๏ธ: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day, crosses below its long-term moving average, usually the 200-day.
Floki Inu Analyze ( FLOKIUSDT ), Daily time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐Today, I want to share with you an analysis of Floki Inu(FLOKI) that shows us a โ40% growth probability for it (be sure to observe capital management).
๐กThe upside of Floki Inu(FLOKI) is that it has little Correlation with Bitcoin.
โ Floki managed to form a Falling Wedge Pattern in the ๐ขHeavy support zone๐ข.
๐จAlso, Floki Inu(FLOKI) broke the SMA(50), which is a good sign for its price to rise.
๐กAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
๐Although the Death Cross Signal is visible on the chart, I still expect the volatility to rise(โ40%) to at least the Downtrend line after the break of the upper line of the Falling Wedge Pattern.
๐โ ๏ธDeath Cross Signalโ ๏ธ: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day, crosses below its long-term moving average, usually the 200-day.
Floki Inu Analyze ( FLOKIUSDT ), Daily time frame โฐ.
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 โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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๐Real & Accurcy Free & VIP Signals/Learing Technical Analysis๐ t.me/ProTrader_365
๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
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๐Please follow us on Telegram for more analysis.๐ t.me/ProTrader_365
๐Get a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3