The pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.000184560 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.000175920 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Inverted Hammer’ candlestick chart pattern is existing. The candles form ‘Inverted Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Inverted Hammer’ heading up is 65% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000241900 |
2nd High | 0.000232820 |
Next High | 0.000184560 |
Current Price | 0.000181680 |
Next Low | 0.000175920 |
2nd Low | 0.000173630 |
3rd Low | 0.000172780 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Inverted Hammer