FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000145920 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000134090 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Three Line Strike – Bullish’ candle chart pattern is detected. The chart forms ‘Three Line Strike – Bullish’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000148160 |
| Next High | 0.000145920 |
| Current Price | 0.000141600 |
| Next Low | 0.000134090 |
| 2nd Low | 0.000129710 |
| 3rd Low | 0.000128310 |
0.000145920 – 0.000144250 – 0.000144630 – 0.000134090 – 0.000129710 – 0.000128310
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three Line Strike – Bullish – Rising Wedge Chart Pattern