The pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline upwards
An ascent up to the next resistance level at 0.000228250 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.000203510 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bullish Engulfing’. which 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 Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000252940 |
2nd High | 0.000244770 |
Next High | 0.000228250 |
Current Price | 0.000215840 |
Next Low | 0.000203510 |
2nd Low | 0.000187030 |
3rd Low | 0.000175000 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing