Next a ‘Falling Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a positive signal. The currency pair is likely to rise.
The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance level at 0.000076530 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.000070380 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Latter Bottom’ candle chart pattern is existing. The chart forms ‘Latter Bottom’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000098390 |
2nd High | 0.000082010 |
Next High | 0.000076530 |
Current Price | 0.000074030 |
Next Low | 0.000070380 |
2nd Low | 0.000055790 |
3rd Low | 0.000050880 |
0.000076530 – 0.000082010 – 0.000079190 – 0.000070380 – 0.000071600 – 0.000075310
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Latter Bottom