FLOKI/USDT – 30M – BUYThe pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 0.000102890 is expected.
Caution: A possible change in the direction of the support line at 0.000093290 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.000104710 |
| Next High | 0.000102890 |
| Current Price | 0.000099110 |
| Next Low | 0.000093290 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000099440 – 0.000097380 – 0.000098040 – 0.000093290 – 0.000092560 – 0.000094410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern