Buy FLOKI/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance line at 0.000180540 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.000165220 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.000196615 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000180540 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000180540
Current Price 0.000178930
Next Low 0.000165220
2nd Low 0.000163020
3rd Low 0.000160410

Download FLOKI/USDT Signal Image

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