FLOKI/USDT – 30M – BUY

The currency pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 0.000204500 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.000194310 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.0002045 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000204500 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Download FLOKI/USDT Signal Image

Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Three Outside Up