The currency pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000273210 is certain.
Caution: A possible change in the direction of the support level at 0.000207250 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Bullish Engulfing’ candle chart pattern is discovered. 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 likelyhood of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000290000 |
Next High | 0.000273210 |
Current Price | 0.000265990 |
Next Low | 0.000207250 |
2nd Low | 0.000203510 |
3rd Low | 0.000114660 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing