ðââïļFloki Inu(FLOKI) is moving near ðĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)ðĄand All-Time High(ATH).
ðAccording to the theory of Elliott waves, it seems that Floki Inu(FLOKI) has completed the main wave 3, and we should wait for corrective waves.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
âïļFloki Inu(FLOKI) seems to be completing similar moves, so moves 1 and 3 are almost identical in terms of percentage increase, and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.ð
ð Based on the description above, I expect Floki Inu(FLOKI) to drop at least â30%.
âïļâ ïļNoteâ ïļâïļ: Analysis will change if Floki Inu(FLOKI) can break ðĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)ðĄ.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðAccording to the theory of Elliott waves, it seems that Floki Inu(FLOKI) has completed the main wave 3, and we should wait for corrective waves.
ðĄAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
âïļFloki Inu(FLOKI) seems to be completing similar moves, so moves 1 and 3 are almost identical in terms of percentage increase, and we can expect moves 2 and 4 to be almost similar in terms of percentage increase.ð
ð Based on the description above, I expect Floki Inu(FLOKI) to drop at least â30%.
âïļâ ïļNoteâ ïļâïļ: Analysis will change if Floki Inu(FLOKI) can break ðĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)ðĄ.
âïļâ ïļNoteâ ïļâïļ: An important point you should always remember is capital management and lack of greed.
Floki Inu Analyze ( FLOKIUSDT ), 1-hour time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ:
Long Position
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The analysis is still valid, but if FLOKI can break the ðĄPotential Reversal Zone(PRZ)($0.00035-$0.00030)ðĄ, it will be invalid, so you can set Stop Loss(SL )above this zone.