đââïžFloki Inu(FLOKI) is moving near đĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)đĄand All-Time High(ATH).
đAccording to the theory of Elliott waves, it seems that Floki Inu(FLOKI) has completed the main wave 3, and we should wait for corrective waves.
đĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
âïžFloki Inu(FLOKI) seems to be completing similar moves, so moves 1 and 3 are almost identical in terms of percentage increase, and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.đ
đ Based on the description above, I expect Floki Inu(FLOKI) to drop at least â30%.
âïžâ ïžNoteâ ïžâïž: Analysis will change if Floki Inu(FLOKI) can break đĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)đĄ.
âïžâ ïžNoteâ ïžâïž: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour 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.
đAccording to the theory of Elliott waves, it seems that Floki Inu(FLOKI) has completed the main wave 3, and we should wait for corrective waves.
đĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
âïžFloki Inu(FLOKI) seems to be completing similar moves, so moves 1 and 3 are almost identical in terms of percentage increase, and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.đ
đ Based on the description above, I expect Floki Inu(FLOKI) to drop at least â30%.
âïžâ ïžNoteâ ïžâïž: Analysis will change if Floki Inu(FLOKI) can break đĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)đĄ.
âïžâ ïžNoteâ ïžâïž: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour 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
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The analysis is still valid, but if FLOKI can break the đĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)đĄ, it will be invalid, so you can set Stop Loss(SL )above this zone.