FLOKI/USDT – 30M – BUYThe combination Floki/Tether (FLOKI/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.000089790 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.000080050 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000098390 |
| Next High | 0.000089790 |
| Current Price | 0.000102130 |
| Next Low | 0.000080050 |
| 2nd Low | 0.000073130 |
| 3rd Low | 0.000072580 |
0.000089790 – 0.000075500 – 0.000081630 – 0.000080050 – 0.000073130 – 0.000072580
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Three White Soldiers –