FLOKI/USDT – 1H – BUYThe pair Floki/Tether (FLOKI/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.000144250 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.000129710 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.000148160 |
| 2nd High | 0.000144630 |
| Next High | 0.000144250 |
| Current Price | 0.000136250 |
| Next Low | 0.000129710 |
| 2nd Low | 0.000128310 |
| 3rd Low | 0.000124720 |
0.000144250 – 0.000144630 – 0.000148160 – 0.000129710 – 0.000128310 – 0.000124720
Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji –