#Floki 1D chart
FFLOKI 1D chart;
It started a bullish pattern from the last low but there are too many obstacles in front of it.
After the -OB level is exceeded, its rise will accelerate.
We may see another round of retracement from the OB zone indicated by the gray box. If it catches a strong volume, it may touch the $.31387 level indicated by the yellow dash at the top.
But for those who don't want to take any chances, the first TP point of the pattern can also be considered as a target.
The chart looks good, it has broken below the 50EMA and 200EMA and is using this as support for now.
It started a bullish pattern from the last low but there are too many obstacles in front of it.
After the -OB level is exceeded, its rise will accelerate.
We may see another round of retracement from the OB zone indicated by the gray box. If it catches a strong volume, it may touch the $.31387 level indicated by the yellow dash at the top.
But for those who don't want to take any chances, the first TP point of the pattern can also be considered as a target.
The chart looks good, it has broken below the 50EMA and 200EMA and is using this as support for now.
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