FLOKI/USDT – 1H – BUYThe combination Floki/Tether (FLOKI/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 0.000145900 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.000128310 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000145900 |
| Current Price | 0.000134590 |
| Next Low | 0.000128310 |
| 2nd Low | 0.000124720 |
| 3rd Low | 0.000092560 |
0.000145900 – 0.000140000 – 0.000102890 – 0.000128310 – 0.000124720 – 0.000092560
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –