Floki Inu Major Drop Now Imminent: Prepare For The Crash!

há 3 dias

I remember we traded Floki Inu successfully on the bullish side, it was a nice ride, do you remember? Market conditions have changed.

Notice the huge green candles in February 2024, these are about to be reversed; the mirror image. The same that happened in February 2024 as bullish you will see now as bearish.

Floki Inu (FLOKIUSDT) peaked in March 2024. It produced a higher high in June as part of an irregular correction, it has been moving down since.

A major low was hit in early August and after more than 80 days of sideways there is no signification bullish action, which tells us that we are seeing a bearish consolidation phase; Floki Inu is now in distribution.

The highest buy volume came in March. After March, the biggest volume bars are red. Mostly selling, selling pressure and lower prices; a crash comes next.

The two main support levels are mapped on the chart. It will be epic. If you are still holding this pair, RUN!

Namaste.