FLOKI/USDT – 30M – BUYThe combination Floki/Tether (FLOKI/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.000102890 is certain.
Caution: A possible change in the direction of the support level at 0.000095150 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Engulfing’ candle pattern is discovered. The candles show ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000104710 |
| Next High | 0.000102890 |
| Current Price | 0.000096830 |
| Next Low | 0.000095150 |
| 2nd Low | 0.000095030 |
| 3rd Low | 0.000091410 |
0.000102890 – 0.000100870 – 0.000098290 – 0.000095150 – 0.000095030 – 0.000091410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing –