FLOKI has currently formed three consecutive bearish candles on the daily chart, indicating a clear downtrend. From the overall daily chart, the price is still in a downward channel, but today there are signs of a slight rebound around 0.046.
From the MACD indicator, the two lines are currently operating below the zero axis and show potential golden cross signals. Additionally, on the KDJ indicator, both the 1-hour and 4-hour timeframes are forming golden crosses below 20, showing resonance effects.
Overall, the main trend remains downward, but the smaller timeframe cycles indicate short-term rebound potential. We can consider entering long positions in the 0.046 - 0.0455 range for a tentative test, with a stop loss of 2-3 points. The first resistance level above is at 0.0485, and the second resistance level is at 0.05.
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SailorSamba
· 10h ago
$PI minutes, a Ph.D. has long said that the prices on exchanges are not real, they are speculative prices. The true value is the real implementation of the ecosystem.
#Gate广场圣诞送温暖
FLOKI has currently formed three consecutive bearish candles on the daily chart, indicating a clear downtrend. From the overall daily chart, the price is still in a downward channel, but today there are signs of a slight rebound around 0.046.
From the MACD indicator, the two lines are currently operating below the zero axis and show potential golden cross signals. Additionally, on the KDJ indicator, both the 1-hour and 4-hour timeframes are forming golden crosses below 20, showing resonance effects.
Overall, the main trend remains downward, but the smaller timeframe cycles indicate short-term rebound potential. We can consider entering long positions in the 0.046 - 0.0455 range for a tentative test, with a stop loss of 2-3 points. The first resistance level above is at 0.0485, and the second resistance level is at 0.05.