FLOKI/USDT – 1H – BUYThe combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.000184560 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.000165220 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000241900 |
| 2nd High | 0.000232820 |
| Next High | 0.000184560 |
| Current Price | 0.000178620 |
| Next Low | 0.000165220 |
| 2nd Low | 0.000163020 |
| 3rd Low | 0.000160410 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing