đ¶One of my favorite memecoins is Floki Inu(FLOKI).
đToday, I want to share with you an analysis of Floki Inu(FLOKI) that shows us a â40% growth probability for it (be sure to observe capital management).
đĄThe upside of Floki Inu(FLOKI) is that it has little Correlation with Bitcoin.
â Floki managed to form a Falling Wedge Pattern in the đąHeavy support zoneđą.
đšAlso, Floki Inu(FLOKI) broke the SMA(50), which is a good sign for its price to rise.
đĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
đAlthough the Death Cross Signal is visible on the chart, I still expect the volatility to rise(â40%) to at least the Downtrend line after the break of the upper line of the Falling Wedge Pattern.
đâ ïžDeath Cross Signalâ ïž: 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 â°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đToday, I want to share with you an analysis of Floki Inu(FLOKI) that shows us a â40% growth probability for it (be sure to observe capital management).
đĄThe upside of Floki Inu(FLOKI) is that it has little Correlation with Bitcoin.
â Floki managed to form a Falling Wedge Pattern in the đąHeavy support zoneđą.
đšAlso, Floki Inu(FLOKI) broke the SMA(50), which is a good sign for its price to rise.
đĄAlso, we can see Regular Divergence(RD+) between two consecutive valleys.
đAlthough the Death Cross Signal is visible on the chart, I still expect the volatility to rise(â40%) to at least the Downtrend line after the break of the upper line of the Falling Wedge Pattern.
đâ ïžDeath Cross Signalâ ïž: 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 â°.
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 â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
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đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3