FLOKI/USDT – 4H – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.000104710 will continue.
Caution: A possible change in the direction of the support line at 0.000072580 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Southern Doji’ candlestick pattern is detected. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000117920 |
| 2nd High | 0.000107750 |
| Next High | 0.000104710 |
| Current Price | 0.000096260 |
| Next Low | 0.000072580 |
| 2nd Low | 0.000069800 |
| 3rd Low | 0.000059230 |
0.000104710 – 0.000079750 – 0.000074770 – 0.000072580 – 0.000069800 – 0.000059230
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Southern Doji –