Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 2.944E-5 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 3.0E-5 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.0E-5 |
| 2nd High | 4.0E-5 |
| Next High | 3.0E-5 |
| Current Price | 0.000029250 |
| Next Low | 0.000028880 |
| 2nd Low | |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 0.000028880 – 3.0E-5 – 3.0E-5 —
0.000029150 – 0.000029150 —
31.735073639559 – 39.21264626781 —
0.000028880 – 1773925200 —
3.0E-5 – 1773889200
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Up – – –