FLOKI/USDT – 1H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.000092770 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000089000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is found. 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000094530 |
| 2nd High | 0.000093800 |
| Next High | 0.000092770 |
| Current Price | 0.000092980 |
| Next Low | 0.000089000 |
| 2nd Low | 0.000088850 |
| 3rd Low | 0.000087500 |
0.000092770 – 0.000093800 – 0.000092480 – 0.000089000 – 0.000088850 – 0.000087500 — 57.41142356273 – 66.492239427957
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Belt Hold – Triple bottom chart pattern – –