The pair Floki/Tether (FLOKI/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 0.000100960 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000098270 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.000100815 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.000100960 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000104550 |
| 2nd High | 0.000101310 |
| Next High | 0.000100960 |
| Current Price | 0.000100030 |
| Next Low | 0.000098270 |
| 2nd Low | 0.000097080 |
| 3rd Low | 0.000093290 |
0.000100960 – 0.000101310 – 0.000104550 – 0.000098270 – 0.000097080 – 0.000097190 — 42.581470831396 – 51.835353384443
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –