Buy FLOKI/USDT – 1H – BUY

The pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance line at 0.000182750 is certain.

Caution: A possible reversal of the trend in the direction of support at 0.000168520 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.00017947656 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.000182750 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.000232820
2nd High 0.000184560
Next High 0.000182750
Current Price 0.000175340
Next Low 0.000168520
2nd Low 0.000165220
3rd Low 0.000163020

Download FLOKI/USDT Signal Image

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