Floki coin has made a nice small break in structure with that dump last week.
As of now, we are seeing a smaller fakeout movement below 200 EMA and a potential reverse H&S pattern to form here so we are left with 2 possible scenarios here.
One is where we see a breakout from the neckline zone (resistance zone); the second is where we see a rejection and a movement towards 200EMA again!
Swallow Team
As of now, we are seeing a smaller fakeout movement below 200 EMA and a potential reverse H&S pattern to form here so we are left with 2 possible scenarios here.
One is where we see a breakout from the neckline zone (resistance zone); the second is where we see a rejection and a movement towards 200EMA again!
Swallow Team
Note
Floki has made a nice upward movement, testing the resistance zone currently at $0.00018-$0.00020.
As of now, we are waiting to see if there are any clean breakouts or rejections here to determine the next major movement of the coin so eyes open!
Note
Floki coin seems to have some kind of rejection near resistance after giving us that huge green candle that got stopped at resistance.
Although it is really important to talk about full rejection here, we see first signs, so we are waiting for any confirmations here.
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Keep an eye on us and you will not regret it. 😉
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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.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
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.