â ïž Chart Requested â ïž
I have been asked to give an overview on
$FLOKI and
$BETA Letâs take a look at đ¶ first
- There is a Resistance (also small fvg) sitting right 0.248-250 area from the previous bearish move
- We also have fvg somewhere near 0.065-0.085x
Price is in consolidation mode in smaller timeframe.
But from my of view, I do expect the price go up to retest its Resistance also fulfill the fvg from upside and then gradually go down heading straight to the lower Fvg (yello zone). After this fvg has been fulfilled I would think about entering a Long position
Move on to
$BETA 1D chart showing a rejection from its previous high 0.115x pushing the price back.
A breakout from the trendline has been confirmed.
We have OB and Fvg right the yellow zone in the picture. So if the price wants to go higher it might have to go down a little lower to retest the OB again
đDislaimers: All my predictions based on my trading strategies, DYOR before entering the market.
đ Trading Rules:
- Always put SL ( TP might not be needed ) to reduce the risk
- Using proper money management to make sure you do not miss the ideas entries
- Trailing your SL or using Break Even
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Thank you and Trade Safe â€ïž
#TRADINGVIEWđ„đ„đ„