Floki (FLOKIUSD) tested earlier this month and held (closed all 1W candles above it) the 1W MA50 (blue trend-line), for the first time since February 05 2024. This potentially concludes the Bearish Leg that started in March of the 2-year Channel Up.
Still, the best confirmation to buy would be a 1W RSI crossing above its MA trend-line (has been the ultimate bottom signal 2/2 times in the past 2 years). Once completed, our Target will be 0.01000, aiming at the 2.0 Fibonacci extension, which is where the previous two Bullish Legs peaked.
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Still, the best confirmation to buy would be a 1W RSI crossing above its MA trend-line (has been the ultimate bottom signal 2/2 times in the past 2 years). Once completed, our Target will be 0.01000, aiming at the 2.0 Fibonacci extension, which is where the previous two Bullish Legs peaked.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.