FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 0.000242310 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.000219490 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.00024231 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.000242310 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000265990 |
| 2nd High | 0.000244770 |
| Next High | 0.000242310 |
| Current Price | 0.000238430 |
| Next Low | 0.000219490 |
| 2nd Low | 0.000207250 |
| 3rd Low | 0.000203510 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three White Soldiers