Moreover a ‘Double bottom chart pattern’ chart layout is found. The chart picture shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.
The pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000080550 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.000076260 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish 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 White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000098390 |
| 2nd High | 0.000088600 |
| Next High | 0.000080550 |
| Current Price | 0.000080510 |
| Next Low | 0.000076260 |
| 2nd Low | 0.000076190 |
| 3rd Low | 0.000075660 |
0.000079190 – 0.000078830 – 0.000079320 – 0.000076260 – 0.000076610 – 0.000076190
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three White Soldiers