The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 0.000265870 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.000247710 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Engulfing’ candlestick pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000272500 |
2nd High | 0.000266890 |
Next High | 0.000265870 |
Current Price | 0.000261330 |
Next Low | 0.000247710 |
2nd Low | 0.000232610 |
3rd Low | 0.000224760 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing