The currency pair Floki/Tether (FLOKI/USDT) jumps from the descending trendline upwards
An ascent up to the next resistance at 0.000081630 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.000072580 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000088600 |
| 2nd High | 0.000082010 |
| Next High | 0.000081630 |
| Current Price | 0.000074710 |
| Next Low | 0.000072580 |
| 2nd Low | 0.000072120 |
| 3rd Low | 0.000069800 |
0.000081630 – 0.000081490 – 0.000079900 – 0.000072580 – 0.000075050 – 0.000076120
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –