The currency pair Floki/Tether (FLOKI/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.000108620 will continue.
Caution: A possible change in the direction of the support level at 0.000098330 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is found. The chart forms ‘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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110420 |
| Next High | 0.000108620 |
| Current Price | 0.000107320 |
| Next Low | 0.000098330 |
| 2nd Low | 0.000095610 |
| 3rd Low | 0.000095380 |
0.000108620 – 0.000105430 – 0.000102760 – 0.000098330 – 0.000095610 – 0.000095380 — 57.25738678047 – 62.516963298921
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Rising Wedge Chart Pattern – –