$FLOKI
#FLOKI short -term momentum ๐
Momentum signal is bullish โ๏ธ
Target , 0.00013139๐ฏ
the current price being $0.00012533 and a 26.38% increase.
Trend Indicators :
The chart shows a recent upward trend, indicating a potential bullish signal.
The moving averages (MA(5) and MA(10)) are below the current price, which can be considered a bullish sign as it indicates that the short-term average is higher than the longer-term average.
Momentum Indicators :
The Relative Strength Index (RSI) is not directly visible, but we can infer from the price action and the percentage changes over different time frames.
The percentage changes over different time frames (Today: 9.18%, 7 Days: 40.31%, 30 Days: 55.36%, 90 Days: 128.27%) are all positive, indicating an overall upward momentum.
Order Book Analysis :
The order book shows that 52.88% of the orders are for buying, while 47.12% are for selling. This indicates a slightly higher demand than supply, which can be considered a bullish signal.
Based on the analysis:
The recent price increase and positive percentage changes over various time frames suggest a bullish momentum .
The order book data supports this with a higher percentage of buy orders compared to sell orders.
