๐โโ๏ธFloki Inu(FLOKI) is moving near ๐กPotential Reversal Zone(PRZ)($0.00035-$0.00030)๐กand All-Time High(ATH).
๐According to the theory of Elliott waves, it seems that Floki Inu(FLOKI) has completed the main wave 3, and we should wait for corrective waves.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
โ๏ธFloki Inu(FLOKI) seems to be completing similar moves, so moves 1 and 3 are almost identical in terms of percentage increase, and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.๐
๐ Based on the description above, I expect Floki Inu(FLOKI) to drop at least โ30%.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: Analysis will change if Floki Inu(FLOKI) can break ๐กPotential Reversal Zone(PRZ)($0.00035-$0.00030)๐ก.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐According to the theory of Elliott waves, it seems that Floki Inu(FLOKI) has completed the main wave 3, and we should wait for corrective waves.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
โ๏ธFloki Inu(FLOKI) seems to be completing similar moves, so moves 1 and 3 are almost identical in terms of percentage increase, and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.๐
๐ Based on the description above, I expect Floki Inu(FLOKI) to drop at least โ30%.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: Analysis will change if Floki Inu(FLOKI) can break ๐กPotential Reversal Zone(PRZ)($0.00035-$0.00030)๐ก.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
์กํฐ๋ธ ํธ๋ ์ด๋
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๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์:
Long Position
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The analysis is still valid, but if FLOKI can break the ๐กPotential Reversal Zone(PRZ)($0.00035-$0.00030)๐ก, it will be invalid, so you can set Stop Loss(SL )above this zone.