Floki Inu (Uniswap: FLOKIUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, FLOKI began a red wave one advance on August 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 18 and the red wave two (blue sub-waves a-b-c) correction ended on October 24. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on November 4 and the red wave four (blue sub-waves a-b-c) correction ended on November 18. If this wave count is correct, FLOKI should be heading next towards the November 4 peak in the red wave five.
(Chart courtesy of Tradingview.com)
Funnymentals
Floki Inu is a crypto coin birthed by fans & members of the Shiba Inu community, Floki Inu is inspired by Elon Musk’s very own Shiba Inu. Thomas Garetz Investing reviewed the latest news earlier today.
(Sources: https://www.floki.com/)
How Will Floki Inu Trade?
Floki Inu (Uniswap: FLOKIUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com)
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
FLOKI will takeout the November 4 peak
FLOKI will drop below the October 24 low
FLOKI will stay in a trading range between the October 24 low and the November 4 peak until December 28