I am still holding $FLOKI, however, technical analysis indicates a potential price correction. This possibility is manifested in the formation of a fast lightning harmonic pattern (AB=CD), which coincides with the emergence of clear negative divergence on both the chart and the Relative Strength Index (RSI).
Despite this potential corrective scenario, the current price is experiencing upward momentum. A slight correction is expected to follow this rise, followed by a resumption of the upward trend aiming to form a price peak higher than the previous peak.
Summary:
My current position: I am still holding $FLOKI.
Technical analysis signal: Potential price correction based on the AB=CD pattern and negative divergence.
Current price situation: In an upward trend.
Future outlook: A slight correction followed by a new rise aiming to form a higher peak.
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