FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.000124710 is expected.
Caution: A possible change in the direction of the support zone at 0.000107500 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI cross above 30’ indicator layout is existing. The indicator shows ‘RSI cross above 30’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Bullish Engulfing’ candle pattern is existing. The candles show ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000134430 |
| 2nd High | 0.000132900 |
| Next High | 0.000124710 |
| Current Price | 0.000112200 |
| Next Low | 0.000107500 |
| 2nd Low | 0.000093290 |
| 3rd Low | 0.000092560 |
0.000124710 – 0.000132900 – 0.000134430 – 0.000107500 – 0.000113200 – 0.000117820 — 39.307184353536 – 49.072387605912
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – Double top retreat up –