The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.000244770 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000225300 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Engulfing’ candle pattern is found. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000265990 |
2nd High | 0.000252940 |
Next High | 0.000244770 |
Current Price | 0.000226380 |
Next Low | 0.000225300 |
2nd Low | 0.000214280 |
3rd Low | 0.000203590 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing