Besides a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.
The combination Floki/Tether (FLOKI/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000132200 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000129050 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134120 |
| 2nd High | 0.000134050 |
| Next High | 0.000132200 |
| Current Price | 0.000131480 |
| Next Low | 0.000129050 |
| 2nd Low | 0.000128420 |
| 3rd Low | 0.000127880 |
0.000132200 – 0.000134050 – 0.000130920 – 0.000129050 – 0.000129050 – 0.000128420 — 43.712653189647 – 54.368414597229
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern –