Hi 🌱
As you can see in the 4-hour chart, this memecoin is located in an ascending triangle. After the formation of the first ascending wave in this triangle, the price entered the correction phase and corrected up to the 0.618 Fibonacci line; Floki is still completing its second bullish wave. If it can break this upward triangle, its targets are expected to be 42, 46, 51. Otherwise, breaking the downward trend line of the 10-12 region can prevent this meme coin from falling further.
💙
Arztoday Team
Analyzer ✍: AR.Rashidi
As you can see in the 4-hour chart, this memecoin is located in an ascending triangle. After the formation of the first ascending wave in this triangle, the price entered the correction phase and corrected up to the 0.618 Fibonacci line; Floki is still completing its second bullish wave. If it can break this upward triangle, its targets are expected to be 42, 46, 51. Otherwise, breaking the downward trend line of the 10-12 region can prevent this meme coin from falling further.
💙
Arztoday Team
Analyzer ✍: AR.Rashidi
Trade closed: target reached:
TP1 Touched
Trade closed: target reached:
TP2 Touched
Trade closed: target reached:
TP3 Touched