FLOKI - Daily - "Trading Between 2 Fibonacci Layers"

Click Here🖱️ and scroll down👇 for the technicals, fundamentals and more behind this trade!!!
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🛑Disclaimer: My mission is to provide traders with the most realistic perspective. Sugar-coated analysis is not welcomed here🛑

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➡️Technical Standpoint⬅️
1.) Obvious downtrend.
2.) No heavy accumulation on the backend.
3.) Will take time to establish a bottom.
4.) If the bulls do not step in, I expect another 38% - 56% move down from current price levels.

➡️Fundamental Standpoint⬅️
1.) Holders over the past 3 months has increased by around 2500 - 3000. Not significant IMO.
2.) "The idea behind the creation of FLOKI was conceived on June 25, 2021, when Elon Musk tweeted that he will be adopting a Shiba Inu puppy and that its name will be Floki."
3.) Floki was created during meme coin hype, not a minute before or after.
4.) Important to keep in mind that exchanges will provide access to these type of tickers if they can profit off it in some way, shape or form. Rarely do they care if you did your due diligence before investing.

➡️Current Season⬅️
- Overall Bearish

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....🎉🎉🎉Before You Go🎉🎉🎉…..
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..📚Indicator Legacy/Definition(s)📖..
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✨ Moving Averages(MA): ✨ TD Sequential (TDS): tradetrekker.wordpre...ss.com/tdsequential/