Buy FLOKI/USDT – 1H – BUY

The currency pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline down.

A descent downwards to the next support line at 0.000168520 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.000184870 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.000241900
2nd High 0.000232820
Next High 0.000184870
Current Price 0.000173030
Next Low 0.000168520
2nd Low 0.000165220
3rd Low 0.000163020

Download FLOKI/USDT Signal Image

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