The pair Floki/Tether (FLOKI/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.000148160 will persist.
Caution: A possible change in the direction of support at 0.000128310 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000148160 |
| Current Price | 0.000134590 |
| Next Low | 0.000128310 |
| 2nd Low | 0.000124720 |
| 3rd Low | 0.000123000 |
0.000148160 – 0.000137850 – 0.000145900 – 0.000128310 – 0.000124720 – 0.000127810
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold –