Buy FLOKI/USDT – 1H – BUY

The pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.000241550 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.000223050 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 is likely expected. Current target is 0.00024231 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000241550 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.000244770
2nd High 0.000242310
Next High 0.000241550
Current Price 0.000237220
Next Low 0.000223050
2nd Low 0.000219490
3rd Low 0.000207250

Download FLOKI/USDT Signal Image

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