FLOKI/USDT – 30M – BUYThe pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance line at 0.000252940 is certain.
Caution: A possible trend reversal in the direction of the support line at 0.000226860 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bullish Engulfing’ candlestick pattern is found. The chart shows ‘Bullish Engulfing’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000269280 |
| 2nd High | 0.000265990 |
| Next High | 0.000252940 |
| Current Price | 0.000236370 |
| Next Low | 0.000226860 |
| 2nd Low | 0.000225420 |
| 3rd Low | 0.000214280 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing