The pair Floki/Tether (FLOKI/USDT) jumps from the bearish trendline up.
An ascending movement up to the next resistance line at 0.000104970 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.000100160 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The 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 | 0.000123150 |
| 2nd High | 0.000110720 |
| Next High | 0.000104970 |
| Current Price | 0.000102020 |
| Next Low | 0.000100160 |
| 2nd Low | 0.000098460 |
| 3rd Low | 0.000093290 |
0.000104970 – 0.000110720 – 0.000108260 – 0.000100160 – 0.000105510 – 0.000106660 — 33.961598087957 – 45.528322255822
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Double top retreat up – –