✴️ Floki Inu Higher High Incoming

The conclusion of the analysis is that Floki Inu is set to move higher and this is supported by many chart patterns and bullish signals. What is important for you to know is that this move higher will end up as a higher high compared to February 2023, so growth potential is really big.

Some of the signals that support higher prices follow:

• Rounded bottom pattern.
  
• Rising volume as rounded bottom comes to an end.
  
• Trading above EMA100.
  
• MACD in the bullish zone.
  
• Long-term higher low.
  
• Positive market conditions.
  
• Positive news developing.
  
• Cryptocurrency adoption growing.
  
• Bitcoin hitting new highs.
  
• A very strong RSI.
  

The next target (growth potential) can be found in previous trade ideas.
This is just a friendly reminder before the next bullish wave.

Thank you for reading.
Enjoy your weekend.

Namaste.

Comment:

Update | Let's zoom in on the Floki Inu daily chart.

➖ Floki short-term correction is now over.
This can be seen by the fact that prices reversed a long lower wick just above 0.618 Fib. retracement support. The 0.5 Fib. retracement level was also pierced but the session closed happened higher and prices are now back above EMA10 and other moving averages.

👉 The next target sits around 0.00004797 or 34% followed by 0.00005685 or 58%.