FLOKI/USDT – 30M – BUY

The combination Floki/Tether (FLOKI/USDT) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 0.000155120 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.000138670 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart 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 is certain. Current target is 0.00015015692 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.000155120 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.000155120 – 0.000143420 – 0.000143310 – 0.000138670 – 0.000137800 – 0.000135820

Trading Signals: FOREX – FLOKI – FLOKI/USDT – USDT – Northern Doji – Double bottom chart pattern