FLOKI/USDT's Hourly Head and Shoulder Pattern Sparks Excitement!

9 thg 8, 2023💎Hey Paradisers, let's focus on FLOKI/USDT. Looking at the 1-hour chart, we can see a head and shoulder pattern forming, with a notable emphasis around the 200 EMA. The right shoulder appears smaller than the left, suggesting the bears are in control.


💎There's a chance the price might drop below the demand zone and the pattern's neckline at 0.00002210, possibly leading to a bearish movement. What's on our radar? The price could potentially decline towards the demand zones, with the first target at 0.00002912 and a deeper target at 0.00002177. However, if the price surges above the right shoulder, it could disrupt this pattern. Stay tuned, Paradisers, for more updates and happy trading!