#TrendingTopic #Flokii

A lot of you must be thinking -Should I Buy #Flokii now? In 24 hrs , Flokii has increased by more than 80 % from its previous close to 0.00026. Well here is my view:

Those who have HODLed , just enjoy the fruits of your patience.

Those who have missed the rally over last few days and suffering from FOMO - fear of missing out - well CHILL! You are not alone on this planet and there is no need to panic.

As far as the technical analysis, #Flokii is on over bought zone as per Stochastic indicator. RSI is on rising slope almost touching 80 + showing still a room to increase furthermore. MACD on 15 min chart is still showing strength. SAR is showing support at 0.000215 . Overall I feel that for those who are in dilemma whether to buy at these levels or wait, well I will suggest to Wait till prices corrects by atleast 10 % which will happen as impulse wave is followed by a correction. Then put only a small portion of your capital and see how things turn out after a week or so. A word of caution - dont get swayed by huge green candles -as Smart money prefers to trap retail investors and then eat their stop loss by giving a huge downside move and then continue with rally. So if u see a big red candle now dont be surprised, thats actually a time to BUY again. Happy Trading !