The combination Floki/Tether (FLOKI/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance at 0.000093800 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.000087500 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Latter Bottom’ candle chart pattern is detected. The chart forms ‘Latter Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000099450 |
| 2nd High | 0.000096180 |
| Next High | 0.000093800 |
| Current Price | 0.000092100 |
| Next Low | 0.000087500 |
| 2nd Low | 0.000086130 |
| 3rd Low | 0.000072580 |
0.000093800 – 0.000096180 – 0.000099450 – 0.000087500 – 0.000086130 – 0.000090550 — 50.580696630151 – 56.470326648087
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Latter Bottom – Double bottom chart pattern – –