LIVE$FLOKI Breaks Out Of The Ascending Channel ๐๐
And that is ultra bullish ๐
The week kicks off with this huge candle and the volume speaks for itself. And it seems Floki is ready to surge even higher and make a new ATH this week.
๐ At the time of writing it attempted to break the resistance of $0.00027, but it was touch and go. With almost 18% up for the day, it is trading near $0.0002694.
Although the pattern looks similar to what Pepe did in the last week and continues. Then what might happen is that the price will retrace a bit and take support at the upper trendline.
๐ The profit booking won't bother this massive rally much, but if the retracement goes a little deep then the immediate support is at $0.00025 followed by $0.00024.
Those who are thinking about opening the position in the spot should wait a little. As of now this massive surge has fuelled the buyer's expectations to another level.
Floki has now arrived at the centre stage. Get ready for some action friends.
#FLOKIโ #altcoins #EarnFreeCrypto2024 #buythedip #BinanceLaunchpool
LIVEThe consolidation zone was a heck of a waiting period, but it was worth it. Usually in such scenarios when the resistance is broken, a big momentum candle appears and the box becomes a perfect set-up to look out for such winning trades.
๐ Though Floki broke the bullish Flag & Pole pattern slowly and steadily, the momentum was actually lacking. It took support on the upper trendline, stayed flat for some time and then tested the support at $0.00016 for the final time to fuel the reversal.
๐ Breaking the $0.0002 level and trading comfortably above it shows the strength that Floki has finally regained. Anticipation is good, but that doesn't mean you are in complete control of the situation. I've seen creators posting regarding Floki's progress, calling it a breakout on Monday itself.
๐ Until it surpassed the $0.0002 zone, it was within the box and wasn't a breakout. Now we are witnessing the bullish scenario back again, it's time to keep an eye on the crucial resistance levels and the next target ๐ฏ should be $0.00025
All we need is the day's closing above $0.0002. If it closes above $0.00021 or 0.00022, we are in for a ride. The recent updates have been showing strong positive signs for Floki and it's taking charge now in the memecoin run. โจ๐ฅ๐๐๐ฒ
#Memecoins #FlokiRoadmap2024 #altcoins #buythedip #BinanceLaunchpool
$FLOKI