FLOKI/USDT – 30M – BUYThe currency pair Floki/Tether (FLOKI/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.000101870 is likely expected.
Caution: A possible change in the direction of the support level at 0.000093290 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000104710 |
| 2nd High | 0.000102890 |
| Next High | 0.000101870 |
| Current Price | 0.000102820 |
| Next Low | 0.000093290 |
| 2nd Low | 0.000092560 |
| 3rd Low | 0.000091410 |
0.000101870 – 0.000099440 – 0.000097380 – 0.000093290 – 0.000092560 – 0.000094410
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern