Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.000176935 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000179500 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Inverted Hammer’ chart pattern is found. The chart shows ‘Inverted Hammer’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000232820 |
2nd High | 0.000184870 |
Next High | 0.000179500 |
Current Price | 0.000173260 |
Next Low | 0.000169000 |
2nd Low | 0.000168520 |
3rd Low | 0.000165220 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Inverted Hammer