FLOKI INU has pumped 50% on Poloniex today, which is quite curious.
This came after FLOKI touched the key support level of this massive descending channel.
Floki really needs to move above $0.00006 to have any hope of a rally because that is the top trendline of the descending channel.
Success there and things will quickly escalate.
Indicators appear bullish, but buying volume is a bit lacking. Let's see how this evolves.
I am somewhat bullish right now.
Like and follow if you liked my idea
This came after FLOKI touched the key support level of this massive descending channel.
Floki really needs to move above $0.00006 to have any hope of a rally because that is the top trendline of the descending channel.
Success there and things will quickly escalate.
Indicators appear bullish, but buying volume is a bit lacking. Let's see how this evolves.
I am somewhat bullish right now.
Like and follow if you liked my idea
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.