TSLA after correction/ Pullback My trade is as follows. Entry: $397 SL: $387 TP 1: $440
Hello and greetings to all the crypto enthusiasts, ✌ Reading this educational material will require approximately 10 minutes of your time . For your convenience, I have summarized the key points in 10 concise lines at the end . I trust this information will prove to be insightful and valuable in enhancing your understanding of Floki Inu and its role in the global financial landscape. Personal Insight & Technical Analysis of Floki Inu Cryptocurrencies linked to well-known figures like Elon Musk tend to have great potential but come with substantial volatility and risk. While the current technical chart for Floki Inu shows an upward trend, some short-term pullbacks may occur before any sustained growth. However, this analysis should be seen as a personal viewpoint, not as financial advice, and it’s important to be aware of the high risks that come with investing in meme coins and that being said, please take note of the disclaimer section at the bottom of each post provided by the website ,. Floki Inu Overview Floki Inu, a meme coin inspired by Elon Musk’s dog, has made waves in the cryptocurrency space, standing out as one of the most influential and talked-about projects. Built on the Ethereum blockchain, Floki Inu began as a meme coin but quickly evolved into something much larger, gaining significant attention due to its sizable market cap and the backing of a passionate community. In this overview, we will dive into what Floki Inu is, who created it, its origin story, how to buy it, its potential as an investment, its utility, and what makes it unique compared to other meme coins. How to Buy Floki Inu To acquire Floki Inu, you must first sign up on a cryptocurrency exchange that supports it. Look for a platform with strong security features, such as two-factor authentication and data encryption, to ensure the safety of your investments. Additionally, consider the transaction fees, as these can eat into your profits. The exchange should also be user-friendly and offer an easy interface for smooth trading. To make the best choice, reading reviews and feedback from other users is essential for selecting a trustworthy platform. The History of Floki Inu Floki Inu was born out of a single tweet by Elon Musk on June 25, 2021, where he announced he would soon adopt a Shiba Inu puppy named Floki. This tweet sparked the creation of the Floki Inu cryptocurrency, which was initially developed by an anonymous creator but soon abandoned. Despite this, a passionate community took over and revived the project by July 6, 2021. The project quickly gained traction, especially after Musk’s tweet on September 12, when he revealed his family had received the puppy. By that time, Floki Inu was already being actively traded. Initially launched as an ERC-20 token on the Ethereum blockchain, Floki Inu has grown into a multifaceted project that includes Web 3.0, decentralized finance (DeFi), and Metaverse elements, transforming it from a meme coin into "The People’s Crypto." Floki Inu’s Mission Floki Inu stands out not only for its cryptocurrency potential but also for its commitment to social causes. The primary mission of the Floki Inu team is to build schools in underdeveloped countries and combat food insecurity worldwide. Their charitable initiatives have attracted attention from major institutions, such as Nasdaq, which listed Floki Inu as one of the top metaverse projects to watch in 2022. Additionally, Floki Inu has partnered with the Million Gardens Movement, led by Kimbal Musk, to fight global food insecurity. These charitable goals give Floki Inu a sense of purpose beyond just financial speculation, aiming to make a real-world impact. Floki Inu Use Cases Floki Inu’s value is reflected in its versatility and the range of use cases it supports: 1. Investment – Many see Floki Inu as a potential investment, especially due to Elon Musk’s influence on the price movements of meme coins. Investors hope for gains based on social media hype and increased market attention. 2. Trading – Just like other cryptocurrencies, Floki Inu can be traded to benefit from price fluctuations in the market. Traders can buy and sell the token to capitalize on short-term movements. 3. Staking – Floki Inu can be staked in various wallets, allowing users to lock their tokens and earn rewards over time, which adds an additional layer of utility for holders. 4. Charitable Initiatives – Perhaps one of its most unique attributes, Floki Inu is heavily focused on charitable projects, especially around education and addressing global food insecurity, distinguishing it from other meme coins in terms of long-term vision. Floki Inu’s Ecosystem Floki Inu’s ecosystem is broad, encompassing several ambitious projects that are still under development. These projects span areas like NFTs, DeFi, and the Metaverse. Here’s a look at the main initiatives within the Floki Inu ecosystem: - Valhalla – Floki Inu has ventured into the NFT gaming space with its game, Valhalla. This game is based on NFTs, and players can earn FLOKI tokens by participating, with full ownership of the tokens they acquire. These tokens can be used for in-game purchases, creating a dynamic and rewarding experience for players. - FlokiFi – FlokiFi is a suite of decentralized finance (DeFi) products, which aims to bring innovation to the space. The first product launched under FlokiFi is the FlokiFi Locker, designed to be a leading protocol for securing digital assets. Additional staking products are planned but haven’t been fully disclosed yet. - FlokiPlace– An NFT marketplace called FlokiPlace is in the works, where users can buy and sell NFTs and digital assets. The platform is intended to expand the use of Floki Inu, positioning it as a viable alternative to traditional currencies like Bitcoin and even the US Dollar for digital transactions. - Floki University – Floki Inu is also focused on education with the creation of Floki University, a Metaverse-based platform designed to teach users about cryptocurrency and blockchain technology. The university will offer free courses on crypto basics and specialized content, with the possibility of some advanced courses requiring payment in FLOKI tokens. The ultimate goal is for Floki University to become a leading educational platform in the crypto space, providing a large database of resources to users worldwide. These projects are still in development but showcase the ambitious nature of Floki Inu’s ecosystem. They represent the broader vision of the team to transform the project into a multifaceted platform that not only participates in the crypto market but also makes a tangible impact through education, gaming, and charitable work. In conclusion, Floki Inu has moved beyond being a simple meme coin and is working to build a comprehensive and impactful ecosystem. Its commitment to charity, educational initiatives, and its diverse technological projects position it as one of the most interesting and innovative meme coins in the market today. Whether you are considering investing in Floki Inu or just exploring its potential, it’s clear that it has a lot to offer, both as a digital asset and as a project with a deeper purpose. ? Our team's main opinion is: ? Floki Inu is a meme coin inspired by Elon Musk’s dog. It was launched on the Ethereum blockchain and quickly gained popularity. The project was revived by a passionate community after its initial abandonment. Floki Inu has evolved from a meme coin into a multifaceted ecosystem. Its mission focuses on charitable causes, including building schools and combating food insecurity. The coin’s use cases include investment, trading, staking, and charitable initiatives. Floki Inu is developing projects in NFTs, DeFi, and the Metaverse. Valhalla, an NFT game, and FlokiFi, a DeFi product, are key components. Floki University is an educational platform teaching crypto and blockchain technology. Floki Inu aims to make a lasting impact on both the crypto world and society. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. ?
Triangle Pattern Formation: The chart initially shows Bitcoin forming a symmetrical triangle pattern, which is a consolidation phase where the price oscillates between two converging trendlines (one upward-sloping and one downward-sloping). Triangle Breakdown: The price breaks down below the lower trendline of the triangle, signaling a bearish move. This breakdown typically indicates that sellers have gained control, and further downward momentum is expected. Volume Confirmation: Notice the spike in trading volume during the breakdown. This validates the bearish breakout as higher volume confirms market participants' interest in the move. Retest of Broken Support: After the breakdown, the price reverses and "retests" the previous support level (now turned into resistance). This is a common occurrence in technical analysis, where the price revisits the broken level before resuming the downtrend. Current RSI Levels: At the bottom of the chart, the Relative Strength Index (RSI) is displayed. The RSI dipped into oversold territory during the breakdown, signaling that selling pressure was extreme. The RSI has since rebounded, which may indicate reduced selling momentum or a potential short-term bounce. Key Observations: Breakdown and Retest: The triangle's support acted as a resistance upon retest, which suggests bearish continuation unless the price strongly reclaims the level. Bearish Momentum: The initial breakdown with volume suggests further downside may be possible if the retest fails. Monitoring Levels: If the price closes above the resistance line, it could invalidate the bearish setup.
Ethereum has dipped and filled the previous target zone of ours, where we had 10% movement. Now we are looking for another re-test to that same upper resistance and EMAs zone where we are going to look for another point of weakness! If everything plays out nice, we should get a chance to catch another 10% movement, so all attentions there!! Ethereum is still undervalued in our opinion so once we see signs of buying volume buildup, this could mean a re-test of ATHs (but not right now). Swallow Team
#FIL has been ranging between $3 and $11 for about 1,000 days. In my opinion, the demand zone for this asset is between $3.8 and $4.8. As long as the $2.9 support isn’t broken, this asset could potentially reach a long-term target of $16 to $22 on the weekly timeframe. This is just my personal view, not financial advice.
Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Ethereum , ?? The outlook is positive, with the potential for further gains, possibly reaching a 24% profit. After briefly moving beyond its usual range, the price has returned to its established parallel channel. Based on this, I anticipate more upward movement from the channel's lower boundary, with higher targets ahead. The trend appears to be strong, reinforced by a clear trendline that suggests continued growth. This trendline offers a reliable guide for predicting future price movements.?? ? Our team's main opinion is: ? The outlook is positive, expecting at least a 24% gain, as the price returns to its established channel and shows signs of continued upward momentum, supported by a clear trendline. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. ?
Team, we short UK100 last time, it took almost 2 weeks to hit our targets 1 and 2. We are now shorting UK100 at 8519-26 Double short at 8555-8572 you can set stop loss at 8630 - extension to 8650 Target 8494-86 Target 2 at 8476-64 Target 3 at 8415-32 NOTE: Once the target hits the first target, bring stop loss to BE.
For #CAKE on the weekly timeframe, if we want to see an upward move, the price needs to bounce back from these current levels. If the price drops below $1.40, the structure of this asset could turn bearish. For the long term, I think a target of $7 seems reasonable. This is just my personal view, not financial advice.
Following downtrend and bounced of resistance level nicely
This week. Watch 1.00000000 If it manage to break, we want to buy. I feel it will have tendency to test resistance available. Have stops ready. Manage well All the best