The combination Floki/Tether (FLOKI/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.000102890 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000094410 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Then a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000104710 |
| Next High | 0.000102890 |
| Current Price | 0.000095970 |
| Next Low | 0.000094410 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000102890 – 0.000100870 – 0.000098290 – 0.000094410 – 0.000095150 – 0.000095030
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – Rising Wedge Chart Pattern