Next a ‘Double bottom chart pattern’ chart formation is discovered. The chart forms ‘Double bottom chart pattern’. which is a bullish signal. The pair is likely to go up.
The pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.000132200 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.000129050 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Belt Hold’ chart pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000132200 |
| Current Price | 0.000131480 |
| Next Low | 0.000129050 |
| 2nd Low | 0.000128420 |
| 3rd Low | 0.000127880 |
0.000132200 – 0.000134050 – 0.000130920 – 0.000129050 – 0.000129050 – 0.000128420 — 43.712653189647 – 54.368414597229
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern –