First of all, pay attention to the timeframe; this is a 3-day chart, so reaching the targets will require patience
From the point marked by the red arrow on the chart, FLOKI has entered a larger-degree corrective phase.
This structure appears to be a Diametric pattern, and we are currently seeing the conclusion of Wave E, which is a bearish leg
Trading Strategy:Entry Zone: If a pullback occurs into the highlighted green zone, we will look for Buy/Long opportunities.
Execution: It is recommended to enter using a DCA (Dollar Cost Averaging) approach within the green box to optimize the entry price.
Targets: Profit targets are clearly marked on the chart.
Risk Management: Move your stop loss to Break-even (BE) once the first target is hit.
⚠️ Invalidation Level:The analysis remains valid as long as the price holds above the specified invalidation level. A daily candle close below this level will void the setup.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think FLOKIE is bullish?
From the point marked by the red arrow on the chart, FLOKI has entered a larger-degree corrective phase.
This structure appears to be a Diametric pattern, and we are currently seeing the conclusion of Wave E, which is a bearish leg
Trading Strategy:Entry Zone: If a pullback occurs into the highlighted green zone, we will look for Buy/Long opportunities.
Execution: It is recommended to enter using a DCA (Dollar Cost Averaging) approach within the green box to optimize the entry price.
Targets: Profit targets are clearly marked on the chart.
Risk Management: Move your stop loss to Break-even (BE) once the first target is hit.
⚠️ Invalidation Level:The analysis remains valid as long as the price holds above the specified invalidation level. A daily candle close below this level will void the setup.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think FLOKIE is bullish?
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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.
✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
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.