FLOKI/USDT – 1H – BUY

The combination Floki/Tether (FLOKI/USDT) moves from the bearish trendline down.

A continuation of the downward movement down to the next support at 0.000170290 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.000184870 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.0001694251 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.000184870 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candle pattern is detected. The chart shows ‘Matching Low’. 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Download FLOKI/USDT Signal Image

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Matching Low