The combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 0.000244770 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.000229010 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Engulfing’ chart pattern is detected. The chart forms ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000265990 |
2nd High | 0.000252940 |
Next High | 0.000244770 |
Current Price | 0.000235780 |
Next Low | 0.000229010 |
2nd Low | 0.000226860 |
3rd Low | 0.000225420 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing