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⏺#FLOKI is trying to break up the bullish flag pattern on Daily time frame, after breakout and retest we expect another pump 🚀
❄️@signals_bitcoin_crypto❄️
❄️@Shadow_support0o❄️
⏺#FLOKI appears to have developed a cup and handle pattern, a technically bullish formation. 🐋
💫A strong confirmation of bullish sentiment would be achieved through a decisive breakout above the designated horizontal resistance. Conversely, a rejection at this level could signal an impending correction.
❄️@signals_bitcoin_crypto❄️
❄️@Shadow_support0o❄️
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Opened a short #FLOKI.
The asset tested $0.000326976, but was unable to go above it, after which market participants actively fixed positions, and pressure from sellers began.
The bears pushed the price and thereby broke through the ascending channel into shorts, with subsequent consolidation under it. Most likely this is not the end of the corrective movement and the coin will show a further decline.
Trading volumes have fallen sharply, which means buyers are looking for more profitable entry points and are not yet ready to take on positions. I assume the price will move to the area of $0.000128717 - $0.000138660.
Goals: $0.000156924 - $0.000148628 - $0.000138660.
Stop: 0.000182642$