The pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.000155120 is considered certain.
Caution: A possible trend reversal in the direction of support at could occur.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Latter Bottom’ chart pattern is found. The chart forms ‘Latter Bottom’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000155120 |
| Current Price | 0.000142110 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000155120 – 0.000143420 – 0.000143310 – 0.000137800 – 0.000135820 – 0.000134090
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Latter Bottom –