The combination Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.000076320 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.000069360 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Latter Bottom’ candlestick chart pattern is found. The candles show ‘Latter Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000082010 |
2nd High | 0.000076530 |
Next High | 0.000076320 |
Current Price | 0.000072090 |
Next Low | 0.000069360 |
2nd Low | 0.000055790 |
3rd Low | 0.000050880 |
0.000076320 – 0.000076530 – 0.000082010 – 0.000069360 – 0.000072940 – 0.000070380
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Latter Bottom