🐶Floki Inu(FLOKI)🐶 will Go UP by Falling Wedge Pattern(➕40%)🚀
Updated
🐶One of my favorite memecoins is Floki Inu(FLOKI).
🚀Today, I want to share with you an analysis of Floki Inu(FLOKI) that shows us a ➕40% growth probability for it (be sure to observe capital management).
💡The upside of Floki Inu(FLOKI) is that it has little Correlation with Bitcoin.
✅Floki managed to form a Falling Wedge Pattern in the 🟢Heavy support zone🟢.
🔨Also, Floki Inu(FLOKI) broke the SMA(50), which is a good sign for its price to rise.
💡Also, we can see Regular Divergence(RD+) between two consecutive valleys.
🔔Although the Death Cross Signal is visible on the chart, I still expect the volatility to rise(➕40%) to at least the Downtrend line after the break of the upper line of the Falling Wedge Pattern.
📚☠️Death Cross Signal☠️: 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 ⏰.
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.
🚀Today, I want to share with you an analysis of Floki Inu(FLOKI) that shows us a ➕40% growth probability for it (be sure to observe capital management).
💡The upside of Floki Inu(FLOKI) is that it has little Correlation with Bitcoin.
✅Floki managed to form a Falling Wedge Pattern in the 🟢Heavy support zone🟢.
🔨Also, Floki Inu(FLOKI) broke the SMA(50), which is a good sign for its price to rise.
💡Also, we can see Regular Divergence(RD+) between two consecutive valleys.
🔔Although the Death Cross Signal is visible on the chart, I still expect the volatility to rise(➕40%) to at least the Downtrend line after the break of the upper line of the Falling Wedge Pattern.
📚☠️Death Cross Signal☠️: 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 ⏰.
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.
Trade active
Trade closed: target reached
👑Real & Accurcy Free & VIP Signals👉 t.me/ProTrader_365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
📚Contact & Learning Technical Analysis 👉t.me/Ad_ProTrader365
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.