FLOKI/USDT – 1H – BUYThe pair Floki/Tether (FLOKI/USDT) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 0.000102890 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.000095150 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Bullish Engulfing’ candlestick pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000104710 |
| Next High | 0.000102890 |
| Current Price | 0.000097530 |
| Next Low | 0.000095150 |
| 2nd Low | 0.000095030 |
| 3rd Low | 0.000091410 |
0.000102890 – 0.000097750 – 0.000104710 – 0.000095150 – 0.000095030 – 0.000091410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – Double bottom chart pattern