Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 5.614732E-5 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000056890 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Concealing Baby Swallow’ candlestick pattern is discovered. The chart forms ‘Concealing Baby Swallow’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000057430 |
2nd High | 0.000057240 |
Next High | 0.000056890 |
Current Price | 0.000055350 |
Next Low | 0.000053480 |
2nd Low | 0.000052610 |
3rd Low |
Download FLOKI/USDT Signal Image
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Concealing Baby Swallow