Buy FLOKI/USDT – 30M – BUY

The currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance at 0.000265870 is likely expected.

Caution: A possible change in the direction of the support line at 0.000247710 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Bullish Engulfing’ chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High 0.000272500
2nd High 0.000266890
Next High 0.000265870
Current Price 0.000264480
Next Low 0.000247710
2nd Low 0.000232610
3rd Low 0.000224760

Download FLOKI/USDT Signal Image

Trading Signals:

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