#FLOKI: IS IT GONNA BREAK FROM HERE?
FLOKI's surrounding sentiment has immensely increased the already strong opinion of the community and many are eyeing the possibility of a breakout on this key level. However, is it really highly possible that the price will soar from here?
We've highlighted the previous week's high, middle and low which would assist us in identifying whether the next resistance was already broken and the price held on top or not. Upon closer inspection, it still has yet to break the next resistance which is sitting at 0.00018. This key resistance doesn't have any confirmation of getting broken yet and since this week's candle has opened at a positive manner for this token most would already be excited with this result. Albeit, for us, we're still being patient and reviewing the factors closely. Once it gets rejected from this key level, the rejection will be immense and we can benefit with short positions.
Upon further observation, #FLOKI has now realized the analysis we've provided. FLOKI has touched once again the weekly low and although it may have moved slightly lower the previous lows. It still held the ground at 0.00011. We are now looking at the possibility for FLOKI to keep on moving towards the weekly middle price or slightly higher than it.
#SAGA: WHAT'S NEXT FOR THIS TOKEN THAT'S ALREADY AT ITS BOTTOM?
We've highlighted the previous week's high, middle and low as we're thinking of the possibilities that could happen with SAGA. As more rejections continue to happen below the previous week's high and as well as the other week's high, we can safely assume that this token has to continue creating more bottoms in order to retrace even further above this key level. Along with the overall market sentiment that this token have, it's best to think that more demands will only enter once it decreases its price even further.
It's evident that this token have experienced bouncing twice at the price range of 0.86-1.12. This signifies highest demands from that key level and even if the price breaks down from those key levels many will still await the discount.
From the recent insights that we've provided for #SAGA. Look at how it has already went below the previous week's low and now it will continue to retest the middle and higher bodies of the weekly candlesticks. The more you look at these formations, they seem to be accumulating strength to increase their prices once more. Since the prices can possibly reach higher than the weekly middle and high. It can reattempt to balance the equilibrium that was broken above the 1.80 key level.
Stay wise, trade cautiously.
#ORBS RESISTING THE SELLOFFS AND HOLDING AT MAJOR SUPPORT
As most tokens are falling off after a couple of rejections of BTC. ORBS beg to differ. This key level is already one of the lowest of this token and it has to continue holding this key level in order have a continuation of the retests of its major resistances. Albeit, there's still a high possibility that this token would breakdown even lower than this level but that possibility can also lead to more doors for this token.
Right now, ORBS is still showing resistance of taking this price level off and breaking down. As it's showing signs of holding this key level we may see another bounce from this token. Although, we don't take the possibility of a breakdown away. Instead, we are looking at this as a viewpoint from the previous monthly lows to hold this key level highly.
Stay wise, trade cautiously.
