FLOKI: Ready for a leg up?
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Intro:
With the way FLOKI has been performing since it’s local low after it’s recent ATH I thought it would be a good post. FLOKI is meeting resistance at its ATH now.
short analysis:
FLOKI has been showing actual exponential growth after its recent low. It has some this whole showing healthy price, action, and respecting all the fib levels on the logarithmic scale. most of my trend indicators have been bullish during this entire period, like the one you can see on the chart here. We can see a contraction in the indicator, but this contraction has happened right at the all-time high meaning we could potentially go higher up to the 1.272 log-fib-level which would be around 33% profit from its current price. However, my indicator indicates that we have reached a neutral point when we look at entropy theory. This means we lightly expand both down and up. You can look at the anchored VWAP and the trend line I have drawn to get an idea on the lowest prices during this. Before it hits the fib level.
Indicator used is linked below. I made it free for everyone one TradingView
Stay safe
With the way FLOKI has been performing since it’s local low after it’s recent ATH I thought it would be a good post. FLOKI is meeting resistance at its ATH now.
short analysis:
FLOKI has been showing actual exponential growth after its recent low. It has some this whole showing healthy price, action, and respecting all the fib levels on the logarithmic scale. most of my trend indicators have been bullish during this entire period, like the one you can see on the chart here. We can see a contraction in the indicator, but this contraction has happened right at the all-time high meaning we could potentially go higher up to the 1.272 log-fib-level which would be around 33% profit from its current price. However, my indicator indicates that we have reached a neutral point when we look at entropy theory. This means we lightly expand both down and up. You can look at the anchored VWAP and the trend line I have drawn to get an idea on the lowest prices during this. Before it hits the fib level.
Indicator used is linked below. I made it free for everyone one TradingView
Stay safe
Note
Support hit, a nice place to DCA into!
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Telegram:
t.me/ikkeomarfree
I can also pass funded accounts for you!
$50,000 accounts
Just dm my Telegram @IkkeOmar
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