FLOKI/USDT – 30M – BUYThe pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 0.000108260 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.000104270 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Engulfing’ candlestick pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000123150 |
| 2nd High | 0.000108980 |
| Next High | 0.000108260 |
| Current Price | 0.000107970 |
| Next Low | 0.000104270 |
| 2nd Low | 0.000104230 |
| 3rd Low | 0.000100390 |
0.000108260 – 0.000107730 – 0.000107720 – 0.000104270 – 0.000104230 – 0.000100390 — 52.642610842753 – 57.192960529333
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – – –