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FLOKIUSDT trade ideas

Floki Inu: Will it Fly to the Moon or Crash?Technical Analysis: Long-term chart: FLOKI is currently in a long-term downtrend. Resistance: Key resistance levels lie at $0.00035 and $0.00045. Support: Key support levels lie at $0.00015 and $0.0001. Fundamental Analysis: Strengths: Active and passionate community Endorsement by Elon Musk Multiple development plans Weaknesses: Lack of real-world utility High competition in the meme coin market Dependency on Bitcoin Prediction: Best-case scenario: Bitcoin correction without a major crash Gradual correction of Bitcoin dominance Increase in trading volume and new capital inflow In this case, FLOKI can move towards the resistance levels of $0.00035 and $0.00045. Worst-case scenario: Severe Bitcoin correction Increase in Bitcoin dominance Decrease in trading volume and capital outflow In this case, FLOKI can fall to the support levels of $0.00015 and $0.0001. Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Do your own research and understand the risks involved before investing in any cryptocurrency.
Long
by sansoorchi
FLOKI Price Spike Due to Massive 190.91 Billion Token BurnFloki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) has seen a tremendous increase in its market value following a monumental token burn. The Floki DAO successfully executed the burning of 190.91 billion SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens, valued at over $47 million, across both the Ethereum and Binance Smart Chain networks. This strategic move has not only reduced the circulating supply of the token but also spurred a notable price surge, capturing the attention of investors and traders. In the last 24 hours, the SEED_DONKEYDAN_MARKET_CAP:FLOKI price has swayed between an intra-day high and low of $0.0002156 and $0.0002767, respectively. However, SEED_DONKEYDAN_MARKET_CAP:FLOKI was up 17% from the intra-day low at press time, trading at $0.0002465. Concurrently, its market capitalization and 24-hour trading volume surged by 17.89% and 34.72% to $2.4B and $2.26B. Token Burn Effects on Market Dynamics The decision to burn a massive amount of SEED_DONKEYDAN_MARKET_CAP:FLOKI tokens comes at a time when meme coins have regained the interest of the cryptocurrency market. This token burn has caused the total supply of SEED_DONKEYDAN_MARKET_CAP:FLOKI to decrease, and thus, investors have started buying up the token in a bullish run. Following the announcement, SEED_DONKEYDAN_MARKET_CAP:FLOKI experienced a sharp rise, surging over 50% as reflected in the weekly gains of over 130% as per CoinMarketCap data. The decrease in supply and increased demand have often seen the currencies’ value rise. Market analysts perceive such a strategic token burn as an important event for SEED_DONKEYDAN_MARKET_CAP:FLOKI , pointing at its capacity for further development and stability in the erratic market of cryptocurrencies. Following the token burn, the spike in SEED_DONKEYDAN_MARKET_CAP:FLOKI prices has provoked talks of what path the meme coin will take. Market participants closely follow the market to identify possible long-term effects of the slashed token supply on price stability and growth. Besides, the Floki team’s ongoing attempts to enhance the coin’s utility and interact with the community may support the favorable momentum. Amidst token burns, the team has been working on new features and projects, including the Valhalla play-to-earn metaverse game, which is expected to generate even more interest and increase the adoption of the token.
Long
by DEXWireNews
FLOKI: Keep an eye on this level! If you're looking to trade FLOKI at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.000263$ and take profits at the levels shown in the chart. Targets: 1. 0.00027$ 2. 0.00028$ ------------------------------------------- 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
2
FLOKI/USDT Secondary trend 1 reset zone. Pivot zones 08 2023Logarithm. Time frame of 3 days. Secondary trend. 1 reset zone after pumping up about +1000% from accumulation zone. A wedge is forming. Pivot zones and logic on the chart. Meme crypto wrapper. It has no value or utility, only speculative interest. Mimicry of DOGE. If Ilon Musk's DOGE will be pumped, in all likelihood this phantom will be pumped as well. This idea is a continuation of the previous idea published on 1 11 2022 in the active phase of cryptocurrency recruitment before pumping almost +1000% (average +370%) after a while. FLOKI/USDT "Football MEM". Elon Musk. Main trend. Cycles. An accumulation phase and a reset phase. Remember that if there is accumulation, those big players in the market who have accumulated will dump it at another higher price. You have to wait for this to happen. Typically, most people have a "impatience" attitude. And the more stupid a person is, the more vividly it manifests itself. Buying cryptocurrency, they immediately think to get a big profit, not realizing that markets succumb to cycles, no one from the position of rationality will increase the price of cryptocurrency in a bear market phase. Therefore, in established zones where the big market players are gaining ground, buying at any price is not such a scary thing. But, a properly chosen entry point and a low average price is a guarantee of good profits. Cryptocurrencies with low capitalization. Liquidity and volatility. Risk management Low liquidity. Consequently, you can do anything with the price - from super pumping to super dumping. The chart is a testament to this. Stop losses are useless in such cases because of the same liquidity and, consequently, excessive volatility before trend reversals (bullish/bearish, it doesn't matter). For example, a stop loss (zone entry) under dynamic triangle support before a trend reversal and pumping almost +1000% is about -14%. I believe it is irrational to use such long stops from a risk management position. This applies to local trading as well. T actics of working with such cryptocurrencies. Mani management. Psychology Consequently, it is rational to work only from the average set/reset price and not to be greedy. It is clear that you will not see inadequate profit percentages of 1000% and so on, which are so nice to the "hamster's eye", but 40-60% of the average pampa movement you can take away constantly and are not afraid of any inadequate draw downs. No matter how the trend develops, it is neither cold nor hot for you, any movement is profitable for you. The main thing is that the wrapper did not disappear with the ends, I think it is inevitable, but not now. It is desirable, if working with such low liquid and at the same time high HYIP cryptocurrencies, to work in groups of 5-10 cryptocurrencies. Consequently, the disappearance of one cryptocurrency at the expense of profits (earlier, now or in the future) from others does not reflect extremely negatively on the allocated deposit for trading such. I would like to note that from the total deposit the amount for trading similar should not exceed 5-10% of the total deposit according to your mani-management. As for me, 10% is a lot. It is very important, from each profit to withdraw from the group 50-60%, as long as you work only from profit. That is, all invested money “body” in crypto garbage should be withdrawn. Don't be greedy. Every time you pump one of the group's phantoms, be sure to withdraw all profits, do not collect something that is worth nothing. Sell in installments. In the phase of active pumping grid, orders to sell + stops to protect profits. Such cryptophantoms, as a rule, merge at 100% of the price of the beginning of the pampa, i.e. the breakout zone. Predicting the minimum or maximum is extremely difficult due to the “manual influence on the price” by the creators of the phantom. Their selling at any price is profit from “nothing”, always keep that in mind. But in order to sell something that is worth nothing, you need to make interest for traders, that is, volatility For investors—"pour water in their ears", that is, suggestion about the exceptional value of another crypto trash. It is important to initially monitor your mani-management and correctly allocate funds in case the cryptocurrency enters one or another expected zone of set or reset, even if you, for some reason, do not believe it. Major trend. Time frame 1 week. FLOKI Main trend High risk=high return 08 23
by SpartaBTC
4
FLOKI Idea: Potential Price Surge on the Horizon!CRYPTO:FLOKIUSD Potential Price Surge on the Horizon! Our analysis suggests a bullish breakout for FLOKIUSDT. The price appears to be making a correction towards the upper line of its established uptrend channel (around 0.0002175). Once it reaches this point, we anticipate a strong upward move with potential to hit two key Fibonacci targets: Fibonacci Retracement 1.618 - 0.0003536 Fibonacci Retracement 2.0 - 0.0004025 Following this simple technical analysis can help you make informed trading decisions. Please note: This is for informational purposes only and should not be considered financial advice. It's important to do your own research before making any trades.
Long
by Arash-RK
FLOKI Shows Overwhelming Bullish StrengthThe FLOKI price has exhibited a noteworthy bullish trend in the last two days, as observed in the 4-hour chart analysis. The 9 Exponential Moving Average (EMA) and 20 EMA indicators further strengthen the bullish sentiment. The 9 EMA values have progressively increased, while the 20 EMA has risen as well, both confirming a strong bullish trend as they consistently remain below the closing prices, indicating strong buying pressure. The Moving Average Convergence Divergence (MACD) provides additional insight into the market’s momentum. Starting from a slight bearish divergence, the MACD values shifted from a negative to a positive histogram, indicating a change in momentum from bearish to bullish. The latest readings show an increasing distance between the MACD line and its signal line, with the histogram widening, suggesting that the bullish trend is gaining strength. The Relative Strength Index (RSI) has also been on the rise. This indicates a very strong buying interest, although traders should be cautious as values above 70 can sometimes signal a potential reversal or price correction due to overbuying. The technical indicators are overwhelmingly bullish for the FLOKI price. The market's next resistance levels to watch are at $0.00021686 and potentially higher. Should the bullish momentum continue, these levels could be tested soon. On the downside, support levels are established at $0.00012465 and $0.00010274. These levels might serve as crucial zones for buyers to step in should any pullback occur. Given the current market conditions, potential entry points for long positions could be around the 9 EMA or 20 EMA on slight pullbacks, utilizing the support levels as areas of interest for stop-loss orders. For those considering short trades, caution is advised given the strong bullish trend; however, watching for potential reversal signals near resistance levels or overbought RSI conditions could provide strategic entry points. In conclusion, FLOKI’s 4-hour chart analysis reveals a strong bullish trend, supported by rising EMAs, MACD, RSI, and trading volumes. While the market appears favorable for long positions, traders should remain vigilant for any signs of reversal, particularly given the RSI's venture into overbought territory.
by StevenWalgenbach
🐶Floki Inu(FLOKI)🐶 is Ready to Correct 🚨➖50%🚨🐶One of my favorite meme coins is Floki Inu(FLOKI) . A few months ago, I shared with you the analysis that Floki Inu(FLOKI) has increased by more than 😱 ➕2000% 😱 so far. 💡 Floki Inu(FLOKI) began to rise after the community of users of this meme coin voted to burn 190 billion FLOKI tokens . But will this growth continue❗️❓ 🙏Please, Stay with me. 🏃‍♂️ Floki Inu(FLOKI) is currently moving in the 🟡 Potential Reversal Zone(PRZ)($0.000215-$0.000136) 🟡and near the upper line of the ascending channel and Pitchfork line . 🌊According to the theory of Elliott waves , Floki Inu(FLOKI) seems to be on the way to completing the Double Three Correction(WXY) , so Floki Inu(FLOKI) is currently completing the main Y wave . 🔔I expect Floki Inu(FLOKI) to correct(➖50%) at least the 38.2% Fibonacci level and 🟢 Support zone($0.00002322-$0.00001528) 🟢. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Floki Inu Analyze ( FLOKIUSDT ), 2-day time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
33
MEMECOINS TO THE MOON ?! 0.0005$ FLOKIUSDT COMING !!!Hi Guys! Before starting the analysis, I want to say two things First of all , because I am not a premium user, I have to analyze in higher time frames , which of course has a lower percentage of errors , but it is more difficult to understand! Second , I personally am not interested in meme coins and I don't think they are very predictable based on the price chart. Well, to predict the price behavior of BINANCE:FLOKIUSDT and most of these meme coins I think the first point is to wait until the weekly candle closes and make your decision then . The first scenario is that the price will break the specified resistance area in the range of 0.00004 to 0.000045 with power and momentum, and the next candle will open completely above the broken resistance. In this case, for a low-risk buy position, we wait for a pullback at the broken Resistance and make our Buy there. In this case, our Stop loss will be activated below the broken resistance. The second scenario assumes that the upward trend of the market will be maintained, especially for Bitcoin . If the price is rejected from the specified resistance and returns to the previously broken trend line, in this case, the low-risk buy position is at the pullback point to the broken trend , and in this case, the stop loss is activated at a price of 0.000015 to 0.00002. And The price targets are specified in the chart as follows Short-term TP 0.00007 Mid-term TP 0.00011 / 0.00022 Long-term TP 0.00030 And in case of parabolic price movement, maybe up to 50 times prices (very, very low probability)
Long
by thegreatoneinthemetaverse
6
We will continue, the project is strong🚀🚀🚀🚀🚀In my opinion, after breaking this resistance, we should expect another 220% return and the market value of Floki will reach about 5B$, which is reasonable. Strong team...strong project..... The best buyers are those who buy because of project acceptance. They become holders and make the price stronger. When you have a good project and team, there is no need to sell illusions👍🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🔥🔥🔥🔥🔥🔥👺
Long
by pouriyanasiri
Floki is Ready For Another LEG Up?## FLOKI Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Floki Inu (FLOKI):** A meme coin inspired by the Shiba Inu dog and Elon Musk's tweet mentioning "Floki the dog." * **Launched:** July 2021. * **Market Cap:** ~$1.3 billion (as of Feb 23, 2024). * **Rank:** #102 on CoinGecko. * **Unique Features:** * **Charity focus:** Aims to donate to animal shelters and rescue organizations. * **NFT collection:** Offers a collection of Floki-themed NFTs. * **Play-to-earn games:** Developing play-to-earn games to increase utility. **Recent News:** * **Feb 27, 2024:** Floki Inu announces partnership with crypto payment processor BitPay. * **Feb 14, 2024:** Floki Inu listed on centralized exchange MEXC Global. * **Feb 8, 2024:** Floki Inu releases roadmap outlining future development plans. * **Jan 31, 2024:** Floki Inu announces donation to animal shelter in Istanbul, Turkey. **Disclaimer:** * This information is for educational purposes only and should not be considered financial advice. * Meme coin investments are highly speculative and carry significant risks. * Do your own research before making any investment decisions. **Additional Notes:** * FLOKI price has been highly volatile since its launch, driven by social media hype and market sentiment. * The recent news items highlight Floki Inu's efforts to increase its utility and adoption. * It's crucial to understand the high risks involved in meme coin investments before making any decisions. I hope this information is helpful! Please let me know if you have any other questions.
Long
by MoonTradingForecast