Hi 🌱
As you can see in the 4-hour chart, this memecoin is located in an ascending triangle. After the formation of the first ascending wave in this triangle, the price entered the correction phase and corrected up to the 0.618 Fibonacci line; Floki is still completing its second bullish wave. If it can break this upward triangle, its targets are expected to be 42, 46, 51. Otherwise, breaking the downward trend line of the 10-12 region can prevent this meme coin from falling further.
💙
Arztoday Team
Analyzer ✍: AR.Rashidi
As you can see in the 4-hour chart, this memecoin is located in an ascending triangle. After the formation of the first ascending wave in this triangle, the price entered the correction phase and corrected up to the 0.618 Fibonacci line; Floki is still completing its second bullish wave. If it can break this upward triangle, its targets are expected to be 42, 46, 51. Otherwise, breaking the downward trend line of the 10-12 region can prevent this meme coin from falling further.
💙
Arztoday Team
Analyzer ✍: AR.Rashidi
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.