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!
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.