FLOKI/USDT – 4H – BUYThe pair Floki/Tether (FLOKI/USDT) goes from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.000103520 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000093070 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bullish Engulfing’ candlestick pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000111380 |
| 2nd High | 0.000110970 |
| Next High | 0.000103520 |
| Current Price | 0.000097490 |
| Next Low | 0.000093070 |
| 2nd Low | 0.000087500 |
| 3rd Low | 0.000086130 |
0.000103520 – 0.000110970 – 0.000100040 – 0.000093070 – 0.000087500 – 0.000086130 — 42.149202212342 – 47.381187548705
Trading Signals: CRYPTO – FLOKI – FLOKI/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –