The currency pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 0.000097380 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.000092560 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000102890 |
| 2nd High | 0.000098040 |
| Next High | 0.000097380 |
| Current Price | 0.000096130 |
| Next Low | 0.000092560 |
| 2nd Low | 0.000091410 |
| 3rd Low | 0.000080050 |
0.000097380 – 0.000098040 – 0.000102890 – 0.000092560 – 0.000094410 – 0.000095150
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –