FLOKI's Bullish Setup : A Plan for Week 3 October Pump
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FLOKI is currently at the Golden Pocket (GP) and showing bullish divergence on the 1-hour chart. The plan revolves around filling the bearish Fair Value Gap (FVG) while making a lower low, but with a higher low on the RSI, indicating bullish divergence on a higher timeframe (4-hour chart). FLOKI is expected to remain in the GP and align with the broader market's timing for a potential pump in the third week of October.
Key Points :
- Current Status : At GP with 1h bullish divergence.
- Plan : Fill bearish FVG, look for higher low on RSI on 4h.
- Potential Pump : Week 3 of October.
Conclusion :
FLOKI is setting up for a possible breakout as it remains in a bullish position within the GP, matching market timing for a pump in the third week of October.
Advice for Investors :
Keep an eye on the 4-hour RSI divergence and consider entering as the timing for a potential October pump aligns with the rest of the market.