Also there is a ‘Double bottom chart pattern’ chart layout is existing. The formation shows ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to rise.
The combination Floki/Tether (FLOKI/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.000086370 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.000081700 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000089920 |
| 2nd High | 0.000087820 |
| Next High | 0.000086370 |
| Current Price | 0.000090300 |
| Next Low | 0.000081700 |
| 2nd Low | 0.000081150 |
| 3rd Low | 0.000074560 |
0.000085460 – 0.000084410 – 0.000086370 – 0.000081700 – 0.000081770 – 0.000082810
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji