Key Takeaways (Because Who Has Time for the Whole Thing?)
FLOKI went up after Robinhood listed it, now it’s the 8th biggest memecoin. But hey, bearish patterns, $1.16M in exchange inflows, and $68K in liquidations say it’s time to grab the popcorn 🍿. Volatility ahead? Probably. My therapist says I’m volatile too, so I relate.
So, FLOKI went up 6% on August 13th. Big deal. My stock in anxiety went up 10% just writing this. 😓
It’s now the 8th biggest memecoin with a market cap of $1.12 billion. Still behind TRUMP and SPX6900. Figures. Can’t even beat a coin named after a guy who can’t spell “covfefe.”
Apparently, this surge happened because FLOKI got listed on Robinhood. The team called it a “huge step forward.” Sure, because 25 million users is a lot. Unless you’re counting my Twitter followers. Then it’s just sad. 😢
Price Action and Fibonacci Levels (Or: Why I Hate Math)
On August 12th, FLOKI dropped 9%. Shocking. My self-esteem does that every time I check my bank account. 💸
Trading volume jumped 51%. Great. More people losing money. Feels like a Tuesday.
FLOKI couldn’t hold the 50% Fibonacci level. Now it’s heading to the 61.8% level. Fibonacci levels? More like Fib-onacci. Who came up with this stuff? 🧮
Oh, and it formed a bearish inverted flag and pole pattern. Sounds like something I’d do at a flag football game. Spoiler: I’d lose. 🏁
If FLOKI breaks below $0.00001055, it could drop another 10%. Or maybe it’ll just take a nap. Who knows? Not me. I’m too busy worrying about my own portfolio. 😩
The Supertrend indicator is red. Shocking. My mood is red too. Coincidence? I think not. 🔴
RSI is at 46. Neutral territory. Just like my feelings about this whole situation. 🤷♂️
On-chain Flows: Selling Pressure or Just a Bad Day?
Investors are offloading FLOKI. $1.16M moved into exchanges in 24 hours. Dumping? More like a garage sale for crypto. 🏷️
Selling pressure is up. Downside momentum? Sounds like my dating life. 💔
$68K in liquidations, mostly long positions. Ouch. That’s gotta hurt. Almost as much as my 401k statement. 😖
Liquidation clusters at $0.0001051 and $0.0001143. Over-leveraged positions? Sounds like my credit card debt. If either band breaks, it’s chaos. Just like my life. 🌪️
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2025-08-13 11:40