Besides a ‘Triple bottom chart pattern’ chart layout is discovered. The chart shows ‘Triple bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.
The pair Floki/Tether (FLOKI/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.000141920 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.000133750 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.0001434754 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.000141920 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000148160 |
| 2nd High | 0.000144630 |
| Next High | 0.000141920 |
| Current Price | 0.000141650 |
| Next Low | 0.000133750 |
| 2nd Low | 0.000133520 |
| 3rd Low | 0.000129710 |
0.000141920 – 0.000144630 – 0.000148160 – 0.000133750 – 0.000133520 – 0.000129710
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Triple bottom chart pattern