The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 0.000112260 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.000106290 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Besides a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000122000 |
| 2nd High | 0.000120010 |
| Next High | 0.000112260 |
| Current Price | 0.000110960 |
| Next Low | 0.000106290 |
| 2nd Low | 0.000098460 |
| 3rd Low | 0.000093290 |
0.000112260 – 0.000110080 – 0.000108620 – 0.000106290 – 0.000098460 – 0.000102660 — 48.087666928412 – 60.69544749746
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Triple top chart pattern – –