FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000097330 is certain.
Caution: A possible trend reversal in the direction of support at 0.000081700 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000097330 |
| Current Price | 0.000097270 |
| Next Low | 0.000081700 |
| 2nd Low | 0.000081150 |
| 3rd Low | 0.000074560 |
0.000097330 – 0.000092520 – 0.000085460 – 0.000081700 – 0.000081770 – 0.000082470
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold