FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 0.000182670 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.000175920 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Engulfing’ candlestick pattern is detected. The chart forms ‘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 success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000232820 |
| 2nd High | 0.000184560 |
| Next High | 0.000182670 |
| Current Price | 0.000179280 |
| Next Low | 0.000175920 |
| 2nd Low | 0.000173630 |
| 3rd Low | 0.000172780 |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing