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: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing