FLOKI/USDT – 1H – BUYThe pair Floki/Tether (FLOKI/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.000138620 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.000248100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00024934 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000248100 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.000249340 |
| Next High | 0.000248100 |
| Current Price | 0.000225490 |
| Next Low | 0.000138620 |
| 2nd Low | 0.000114660 |
| 3rd Low |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT