FFLOKI has executed a high-conviction breakout from a converging double bottom + inverse head & shoulders formation — both classic bullish reversal patterns.📊🔥
💥 Technical Breakdown:
• Double bottom with neckline break confirms demand zone absorption
• Breakout with retest and expanding volume = institutional-grade confirmation
• Target zones aligned with Fibonacci extensions and prior HVN zones
🎯 Fib Extension Targets:
→ 0.0001965 (0.618)
→ 0.0002375 (0.786)
→ 0.0002898 (full measured move)
📈 Structure + volume = conviction. This is how trend reversals are born.
💥 Technical Breakdown:
• Double bottom with neckline break confirms demand zone absorption
• Breakout with retest and expanding volume = institutional-grade confirmation
• Target zones aligned with Fibonacci extensions and prior HVN zones
🎯 Fib Extension Targets:
→ 0.0001965 (0.618)
→ 0.0002375 (0.786)
→ 0.0002898 (full measured move)
📈 Structure + volume = conviction. This is how trend reversals are born.
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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.
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.