FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.000091710 is likely expected.
Caution: A possible change in the direction of support at 0.000089000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Bullish Engulfing’ chart pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000092770 |
| 2nd High | 0.000091740 |
| Next High | 0.000091710 |
| Current Price | 0.000091720 |
| Next Low | 0.000089000 |
| 2nd Low | 0.000088850 |
| 3rd Low | 0.000087500 |
0.000091710 – 0.000090380 – 0.000091740 – 0.000089000 – 0.000089210 – 0.000088850 — 58.429941190643 – 61.170382217303
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –