The pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.000092520 is likely expected.
Caution: A possible change in the direction of the support line at 0.000087980 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000107750 |
| 2nd High | 0.000093080 |
| Next High | 0.000092520 |
| Current Price | 0.000094350 |
| Next Low | 0.000087980 |
| 2nd Low | 0.000081700 |
| 3rd Low | 0.000081150 |
0.000092520 – 0.000085460 – 0.000084410 – 0.000087980 – 0.000081700 – 0.000081770
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji