CryptoPAMM

FLOKIUSDT Strategy for a 60% Upside

Long
CryptoPAMM Updated   
OKX:FLOKIUSDT.P   FLOKIUSDT Perpetual Swap Contract
🔅FLOKIUSDT, akin to several coins we've previously analyzed, has demonstrated an bullish pattern by finding support within an area that previously served as a supply zone. Throughout the entire month of November, the 3000 demand zone, which coincides with a psychologically significant support area, has witnessed multiple instances of respect within the price action. This consistent behavior underscores the dominance of bullish sentiment prevailing in the crypto market market in general and FLOKI in particular.

🔅The repeated respect for this support zone strongly indicates the likelihood of continued bullish momentum, highly favoring an uptrend continuation. Should this scenario materialize, a potential price surge of over 60% is conceivable, targeting a double Fibonacci resistance level near 5300.

🔅We've meticulously shared the full trade setup, inclusive of stop-loss (SL) and take-profit (TP) levels, in our dedicated channel. This comprehensive analysis aims to provide traders with valuable insights into chart dynamics, trading psychology, and potential profitable opportunities within the FLOKIUSDT price action.
Order cancelled:
Closing at break even

📱 Telegram: t.me/tradexcel

CopyTrading bit.ly/43ah5N2

CryptoSignals bit.ly/434eRi7
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.