Buy FLOKI/USDT – 4H – BUY

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

A continuation of the upward movement up to the next resistance at 0.000283000 will persist.

Caution: A possible counter-trend in the direction of the support line at 0.000114660 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 0.000283 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.000283000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.000283000
Current Price 0.000268560
Next Low 0.000114660
2nd Low
3rd Low

Download FLOKI/USDT Signal Image

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