Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 3.0E-5 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 4.0E-5 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.0E-5 |
| 2nd High | 5.0E-5 |
| Next High | 4.0E-5 |
| Current Price | 0.000030180 |
| Next Low | 3.0E-5 |
| 2nd Low | 2.0E-5 |
| 3rd Low |
3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 – 3.0E-5 —
0.000030900 – 0.000030610 —
37.302177333424 – 35.048803141369 —
– —
3.0E-5 – 1776434400
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – – –