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$KOKO 1W Analysis
$KOKO looking to break out to the upside soon?!
In one of my previous $KOKO posts, I mentioned that price action could likely come to retest this zone of the blue falling wedge. This is exactly what happened.
The 1hr 200MA is just above price action inside the white bullflag hard to see here in the 1W timeframe.
The BIG Picture 📸
Price action is in a large white brodening ascending wedge.
Inside of that, we can see a purple W bottom AKA double bottom reversal formation.
The blue falling wedge has broken out to the upside into a sideways accumulation zone.
$KOKO is an amazing community backed by Lord Kek, the deployer of $PEPE and $FINE.
The most exciting part of the bullrun is right in front of us!
For $KOKO targets, please refer to the price column on the chart and corresponding labels.
Could be looking at nearly 47X in gains from current price action!
NFA, DYOR ⚠️
#Crypto # Trading $KOKO