FLOKI ready for the next leg up?!

Hi guys, a small update and my TA for Floki.

Wow! What a massive upwards movement! Congrats who took the ride. Why should you go long on TA perspective?
- The brown box is now acting as a support.
- On the lower time frames we see its moving in a falling wedge. In 2/3 cases it will break to the upside. You could trade it when its breaking out.
- RSI is cooling off.
- Volume is dropping. Could indicate for the next major move.

Keep om an eye on the next resistance 0000,27.

Good luck and happy trading!

Bình luận:

So Floki broke out of the falling wedge with a decent 14-15% upwards movement. I remain bullish on Floki. For example check the last 4 hours hammer candles and my brown support/demand brown box held it greatly for the second retest. Even when BTC is correcting...

Happy trading guys!

Giao dịch đang hoạt động:

Floki still remains between the Brown box (support) and the orange line (resistance). When we break the resistance? Expect a next rally for Floki.

Lets go!