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FLOKI / TetherUS

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FLOKIUSDT trade ideas

FLOKI Might Overcome Resistance for a Strong RallyThe recent action of BINANCE:FLOKIUSDT indicates a robust bullish trend. Recent price movements suggest that traders are positioning themselves for a potential breakout. The primary resistance levels to watch are at $0.00018326, $0.00018937, and $0.00019142. These levels are critical as they represent previous price peaks where selling pressure could re-emerge. Should the price manage to break above these resistances, we could see a strong upward movement, potentially targeting higher highs. Conversely, the support levels at $0.0001694, $0.00016877, and $0.00016866 are crucial for maintaining the bullish momentum. A fall below these levels could indicate a reversal or a consolidation phase, where traders might see a correction before any further upward movement. Technical indicators further affirm the bullish stance. Exponential Moving Averages (EMAs), with the 9 EMA currently rising from $0.00015822 to $0.00017405 and the 20 EMA rising from $0.00015194 to $0.00016296, are both trending upwards. This indicates a strong short-term and mid-term bullish trend, suggesting that the price is likely to continue its upward trajectory if it remains above these moving averages. Moving Average Convergence Divergence (MACD) values show a bullish crossover, with the MACD line consistently staying above the signal line. The histogram values support this positive momentum, though they show a slight reduction in the bullish strength. This indicates a strong upward trend, albeit with caution for potential slowing momentum. Relative Strength Index (RSI) values, peaking above 80 and then correcting to around 68, indicate that the FLOKI price was in an overbought territory but has since cooled off slightly. This suggests that while there is strong buying interest, there could be room for a pullback or consolidation before the next leg up. For long trades, consider entering a long position if the price sustains above the immediate resistance at $0.00018326. Potential exit points could be set near the next resistance levels at $0.00018937 and $0.00019142. Place a stop loss just below the support level at $0.0001694 to mitigate potential downside risk. For short trades, enter a short position if the price fails to hold above the $0.00018326 resistance level or if it breaks below the $0.0001694 support level. For short trades, potential exit points could be around the support levels at $0.00016877 and $0.00016866. Set a stop loss above the recent high at $0.00019585 to protect against unexpected upward spikes.
by Ecoinimist
FLOKI Print Bullish MACD Crossover On The Daily Chart — 130% Pot Today, has flashed a bullish MACD crossover on the daily chart. The signal could lead to a profit potential of 130%. Here are the details and how to approach the signal👇👇 The MACD signal on the daily chart is usually highly reliable. Additionally, the backtest second the reliability. However, based on the current chart situation of FLOKI and Bitcoin, it is probably wise to wait for an entry. Here are two requirements that have to be met first: 1️⃣ . Currently, FLOKI is hovering around its support/resistance level of 0.0001450. On the 1D chart, we want FLOKI to close above this level. 2️⃣ Bitcoin is currently tackling its 200 exponential moving average (EMA200). This is a decisive resistance and will impact the next few days. Therefore, we want CRYPTOCAP:BTC to close above the EMA200. If both criteria are met, a two-staged trade setup seems reasonable. As a first profit target, we can use 0.0002 as the next natural resistance. If this resistance breaks, FLOKI could go much higher and try to make a new high around 0.0035. PS: This pattern would also mirror FLOKI's chart action between April and June.
Long
by ben_walther
FLOKI Prints Bullish MACD Crossover On The Daily Chart — 15% PotHere are the details 👇 FLOKI printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is gaining some upward momentum. Additionally, many market participants use the MACD to time their entry. Backtest Details 🧐 On the daily chart, FLOKI has flashed the signal 11 times so far. FLOKI gained more than 2% in 10 out of 11 and more than 5% in 9 out of 11 signal occurences. However, the results for achieving more than 10% are slightly weaker (7 out of 11). What about the chart 📊 FLOKI has found a local bottom at 0.00016 and should reverse from here. The first resistance is 0.0002, followed by 0.0003. Potential & Approach 💰 The signal is calculated with a 15% profit potential, which is equal to the resistance at 0.0002. Therefore, a reasonable approach is to set a first take-profit target at the 0.0002 resistance and the second at 0.0003.
Long
by ben_walther
#FLOKI / USDT inverted head and shoulder. What is next?CRYPTOCAP:FLOKI gained 20% yesterday, indicating that its previous consolidation phase has ended. Are we going to see more uptrend? What do we know? CRYPTOCAP:FLOKI has a motivated team with a roadmap to become the most traded crypto in the world! CRYPTOCAP:FLOKI has just been listed on Coinbase perp futures, similar to CRYPTOCAP:BONK and $PEPE. This shows that it is likely following in their footsteps, albeit a little later; both saw a 50% increase after their listings. CRYPTOCAP:FLOKI has some utility compared to other memes, with integration into TokenFi, use as the native currency of Valhalla (a metaverse), and other projects. Regarding the charts, I see an inverted head and shoulders pattern, a bullish signal with a target of 0.0004754, which represents a 65% pump. This aligns with the pumps seen in CRYPTOCAP:PEPE and CRYPTOCAP:BONK after their Coinbase listings. I also see a parabolic trend that seems to continue for now. There is a bearish divergence due to a CRYPTOCAP:BTC dump, which pushed down the RSI in the middle of the uptrend. In my opinion, this will not have any lasting effect since it was due to an external, temporary factor, but it needs to be mentioned. The take profits are the fib extension. Not a financial advice, DYOR.
by CryptoNikkoid
42
Floki/UsdtSEED_DONKEYDAN_MARKET_CAP:FLOKI ✨Entry : 16200 - CMP 🎯Targets : 18500 - 19200 - 20700..++ 🎯Long Term Targets : 200% - 300% 400%..+ ❌SL: No SL(Do Spot) 📜Floki is a meme coin and IF BTC Retrace then you can trade right now📜 📜No, Floki Inu can't reach $1 unless something fundamentally changes in its tokenomics. The reason for that is simple: Floki Inu has a circulating supply of $9.55 trillion, which means that at $1, the meme coin would have a market cap of $9.55 trillion.Don't trust people when say this shit take a profit when you feel happy📜
by Wolftrader1337
5
FLOKI/USDT Technical Analysis: Potential for a 100% Rally!Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: FLOKI is 57% below its all-time high of $0.000349. Currently, it is holding decent support at $0.000155, and a bounce-back is likely. The 200 EMA stands as resistance at around $0.000195 for FLOKI. The RSI is currently at 40.01, suggesting that the price is in the neutral zone. There is room for upward momentum before reaching overbought conditions, which supports the bullish outlook. Historical Price Movements: ~ First Bullish Leg (March 2024): The price surged by 162.82%, breaking out from a consolidation pattern and hitting a high of 0.00018581 USDT. This significant upward movement indicates strong buying interest. ~ Second Bullish Leg (May 2024): After a correction, the price saw another substantial increase of 154.55%, reaching 0.00019760 USDT. This confirms the ongoing bullish sentiment in the market. ~ Third Bullish Leg (Projected): The projected price action suggests a potential rise of 117.71%, targeting 0.00018233 USDT. This projection is based on the continuation of the ascending channel pattern and historical performance. Invalidation Point: A breakdown and close below the mentioned support line. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
Long
by Cryptorphic
9
FLOKI: Keep an eye on this level! Floki had a nice cool-off, and it could be ready to bounce back harder! If you're looking to trade FLOKI at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.000268$ and take profits at the levels shown in the chart. Targets: 1. 0.000279$ 2. 0.0002315$ 3. 0.00034$ 4. 0.0004$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
32
⚜️FLOKI: Dogs Of ValhallaFloki is a cryptocurrency that initially started as a meme-coin inspired by Elon Musk's Shiba Inu dog but has evolved into a fully-fledged web3 project that spans across decentralized finance (DeFi), NFTs, and the Metaverse. It operates on both the Ethereum and Binance Smart Chain (BSC) blockchains, making it an ERC-20 and BEP-20 compliant token. Floki has a 3% tax imposed on buying and selling the token, which is directed towards the Floki Inu treasury to develop the ecosystem further and increase its adoption. The project aims to educate the growing audience on crypto through its metaverse university while also establishing Floki as a payment alternative to traditional currencies and other cryptocurrencies. Despite its ambitions, Floki faces challenges in gaining widespread adoption on other DeFi platforms and NFT marketplaces. The total supply of FLOKI tokens is 10 trillion, and the community regularly votes to buy back and burn tokens to preserve the asset's value. BINANCE:FLOKIUSDT
Long
by Djvybe