FLOKI/USDT – 1H – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance level at 4.0E-5 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 2.0E-5 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 – 4.0E-5 —
0.000036140 – 0.000034190 —
16.583564833284 – 24.902389038821 —
– —
0.00004 – 1769799600

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Up – – –