FlokiCrypto

FlokiCrypto

RUNE Weekly here. (linear). Clear bottoming pattern is forming and we're in the final stages of the WXY correction (finishing up the 5th wave of C of Y). I'm really excited about this chart and have been for sometime. The last time I added to my bags was around 1.19. If we make a new low, which is about 50/50 right now, I will add more without hesitation. Once...

FlokiCrypto Updated 

This Ukraine situation has prompted what was alraedy in the cards for AU. The ounce of gold his knocking on the 2k mark which is a huge psychological level. This is actually the first time I've looked at this gold chart in a really long time and the weekly is making textbook waves from A to Z. Trade safe people!

FlokiCrypto

Bitcoin Log Weekly chart. We're nearing the end of this ABC. All CME gaps are filled in the 10k-20k range. Elliott wave structure is beautiful and bullish signs are starting to print on high timeframes. The pain is almost over. Happy trades to all.

FlokiCrypto

$BTC - Macro Chart. Ending diagonal is starting to print out on the larger TFs. The most harmonious chart I've found is on the 3D where you can imagine the curving towards the end of C. Lots of confluence for a bounce just around 17k, including a gap from late 2020, previous resistance all the way back in 2018 and more recently, a bounce from late 2020 once again....

FlokiCrypto

Someone asked me for a $THETA chart yesterday and I found the chart very interesting in that there is a decent case for this correction being done, but also a nice strong support not too far off (approx -20-25% down)... I drew the support line blue and its just below the red price line. If we don't make a new low, we could bounce here at any moment, but I prefer...

FlokiCrypto

Floki here with the first of many Elliott Wave Analysis crypto updates. Starting with HBAR, a coin very close to my heart, which I will qualify as Blue Chip going forward. The RL use cases it brings to the table are undeniable. But on the technical side, is the correction done? I'd say the odds of it being done are at about 70%. There is still room (30%...

FlokiCrypto

This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again. Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the...

FlokiCrypto Updated 

If we go back to my analysis in August of 2021, you could see I had anticipated the flat. Although it went higher than anticipated, I count this as a success. I had a bit of trouble looking into the 2017 bull run for the sub wave count, but it works. Subwaves matter, but we have established as a community that the 2017 run was wave 1 and we are currently in wave...

FlokiCrypto

This is a follow up from my last (failed) idea on $QNT: It did not run independently this time. It failed to regain its EMA support and fell like the rest. But I do anticipate this coin will have one of the strongest runs in the next part of this cycle: I see a WXY correction almost finishing and we can see there is some decent convergence support on the right...

FlokiCrypto

This is an update from this Idea back in March. As you can see, the waves played out beautifully. Its now time to zoom in, count the waves and pinpoint where it will end its run. So I have us going up for wave 4 of C (almost done mind you). And then the way down to finish off wave 5 like the majority of the crypto space. I have my eyes on two zones identified by...

FlokiCrypto

If you click play, you'll see I have a wave analysis. I've updated the waves in this one. You can see my new targets are a bit lower, but I'm still expecting the move down to be over in the coming weeks. We are in the final wave 5 of C in a lovely zigzag correction. I hope this chart soothes crypto soul as it did mine. I'm wishing this Eth killer the best of...

FlokiCrypto

I have charted this coin a bit lately. Although I heavily disagree with the high gas fees, it is still a mainstream coin that deserves consideration. Waves are pretty clear. I'm expecting a deep wave 4 (up). Followed by a steep wave 5 that should be relatively short in length as well. Lets see how this plays out. Safe trades to all.

FlokiCrypto

I have $AAVE completing a complex correction structure in an WYX combo. Fibs are out the window pretty much once the 0.88-0.9 fib range falls through, so we need to find other means of evaluating bounce zones. And in this instance I found a previous support/resistance area that I think has a decent chance of being the bottom. As for the previous impulse. Wave 3...

FlokiCrypto Updated 

I had a bias of BTC going back up to reclaim 35k at the very least before laying eyes on this chart. From an EW perspective, we had previously drawn a shallow 2, and a deep wave 4. Now if we dive into the subwaves of this wave 5, I feel like wave 3 could be finished and we need to go up and fill that gap to play out wave 4. Safe trades to all.

FlokiCrypto

There are not many ways we can count this. IMO this is the best count. Wave 1 was really sharp , wave 3 as well (slightly longer, but barely). I really don't know what to target here, but I think a double top could be the way to go (it is a conservative target all things considered). I do however see a few more downward candles after some relief. Happy trades to all.

FlokiCrypto

There's a case for the move down being done (ABC classic ZigZag ). But I dont like that fact that the 2D RSI here isn't above the 30 mark on its divergence. Which leads me to believe we could see one more bout of downside to finish off this correction. The coin is making nice waves tho and I have good hopes to see it at ATH before long. Happy trades to all.

FlokiCrypto

$SOL - I'd estimate SOL's correction being done to about 70%. Although there is still some space for it to correct, We are in divergence territory on many daily momentum indicators (MTF, Histo, RSI, ROC). I'm counting the subwaves in the final wave down and I think we're about to see a significant bounce. It looks like we're in the final wave of the C (ABC...

FlokiCrypto Updated 

I'm a bit hesitant to spill the beans on this coin, so I'll keep it to TA . So we have here what I suspect to be an almost completed (A) (I think we could hit the bottom of the pocket around 0.208 before bouncing for a (B). Retraces have been shallow within (A), so I don't quite know what to expect here. I do expect a mercy bounce across the market with BTC...